Is SIPP available at IC Markets?
No, IC Markets doesn't tax-advantaged pension accounts.
But, worry not. We carefully selected the Best brokers for SIPP to list you alternatives to IC Markets.
But, does IC Markets has alternative tax-advantaged accounts available for UK residents, like ISAs? Let's see in this table below:
| Assets | IC Markets |
|---|---|
| Stocks and shares ISA | No |
| Cash ISA | No |
| Lifetime ISA | No |
| Innovative Finance ISA | No |
| SIPP (Self-Invested Personal Pension Account) | No |
Data updated on September 19, 2024
If you're not sure what SIPP means, head to our SIPP pillar page first.
If you're interested in BrokerChooser's choice of the best SIPP brokers, read our top list here.
70.64% of retail CFD accounts lose money
What to expect at IC Markets?
While IC Markets is not the best when it comes to grow your pension with a SIPP it might be good for a different purpose. Let's see a quick snapshot here of IC Markets:
IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC. It is recommended to forex and cfd traders who value easy account opening and free deposit/withdrawal options.
| IC Markets snapshot | |
|---|---|
| Minimum deposit | $200 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of IC Markets services, check out our review for 2024 |
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
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.
