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Does IC Markets have a custody fee?

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Adam N.
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Does IC Markets charge a custody fee as of February 2024?

No, IC Markets does not charge a custody fee.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.

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What is a custody fee?

A custody fee is typically a percentage-based fee that some brokers charge for the safekeeping of certain assets, such as stocks, bonds or ETFs. The fee is calculated based on the value of the positions you are holding.

To learn more about IC Markets's fees and charges, read our article about IC Markets's fee structure.

If you are interested in IC Markets in general, check our comprehensive review.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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