Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: Capital.com Swap-Free (SCB and CMA only)vs IC Markets Raw Spread (cTrader)

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

ACCOUNT OVERVIEW

What Makes Capital.com Swap-Free (SCB and CMA only) Different from IC Markets Raw Spread (cTrader)?

Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.

Capital.com Swap-Free (SCB and CMA only)

The Capital.com Swap-Free account is intended for eligible clients seeking swap-free trading and is available under SCB and CMA only, subject to applicable eligibility conditions. Spreads range from 0.6–1.3 pips with a 0.7-pip average, there is no separate trading commission, the minimum deposit is $10 and orders use Market Execution.

IC Markets Raw Spread (cTrader)

The IC Markets Raw Spread (cTrader) account is the Raw option categorized by Broker Alarab for advanced traders seeking a cTrader-focused account with tight spreads and separate commission pricing. Spreads range from 0.0–0.3 pips, commission is $3 per lot, the minimum deposit is $200 and orders use Market Execution, giving it a distinct position versus the regular Raw Spread and Standard accounts.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

Capital.com
Swap-Free (SCB and CMA only)
IC Markets
Raw Spread (cTrader)

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

Capital.com
Capital.com
IC Markets
IC Markets

Account Name

Capital.com
Swap-Free (SCB and CMA only)
IC Markets
Raw Spread (cTrader)

Account Type

Capital.com
standard
IC Markets
raw

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

Capital.com
FCA | ASIC | CySEC | CMA | SCB
IC Markets
ASIC | CySEC | FSA | SCB

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

Capital.com
0.6 - 1.3
IC Markets
0.0 - 0.3

Minimum Recorded Spread

Based on the available account information.

Capital.com
0.6
IC Markets
0

Average Recorded Spread

Capital.com
0.7
IC Markets
0.1

Advertised Commission

Capital.com
$0
IC Markets
Not specified

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

Capital.com
$10
IC Markets
$200

Order Execution Method

Capital.com
Market Execution
IC Markets
Market Execution

Trading Platforms

Available platforms may differ by account type.

Capital.com
Capital.com Web | Mobile App | MT4 | MT5 | TradingView
IC Markets
MT4 | MT5 | cTrader | TradingView

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

Capital.com
Not classified in this category
IC Markets
Classified as suitable for scalping

05 — Broker Information and Regulation

Broker-level information does not guarantee that every license applies to the selected account.

Listed Regulatory Licenses

Capital.com
FCA | ASIC | CySEC | CMA | SCB
IC Markets
ASIC | CySEC | FSA | SCB

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

Capital.com
1:500
IC Markets
1:500

Open a Trading Account

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

Broker Alarab's Assessment of Both Accounts

We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

Capital.com logo

Capital.com

Swap-Free (SCB and CMA only)

IC Markets logo

IC Markets

Raw Spread (cTrader)

Broker Alarab's Assessment

The Capital.com Swap-Free account serves a specific purpose for eligible clients seeking trading without overnight swap charges, but it is not universally available to every client. Spreads range from 0.6–1.3 pips with a 0.7-pip average, there is no separate commission and the minimum deposit is $10. Eligibility and the applicable SCB or CMA conditions are therefore key considerations.

Broker Alarab's Assessment

We see IC Markets Raw Spread (cTrader) as an account that should be evaluated through both cTrader preference and Raw pricing rather than as another version of Raw Spread. Our data lists the same 0.0–0.3 pip range but a $3-per-lot commission compared with $7 on Raw Spread. Platform preference, commission and trading volume can therefore become decisive factors.

Account Advantages

  • ✓Designed for eligible clients seeking swap-free trading
  • ✓No separate trading commission
  • ✓$10 minimum deposit
  • ✓Average spread of 0.7 pips
  • ✓Provides a separate option for clients who meet Swap-Free eligibility conditions

Account Advantages

  • ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
  • ✓Commission is $3 per lot according to our data
  • ✓The cTrader-focused Raw option within our IC Markets account lineup
  • ✓Categorized for advanced traders
  • ✓Listed commission is lower than Raw Spread while sharing the same spread range in our table

Disadvantages and Considerations

  • !The account is not universally available to all clients
  • !Availability is linked to SCB and CMA only
  • !Swap-Free conditions may differ from the regular account
  • !Eligibility should be confirmed before relying on swap-free treatment

Disadvantages and Considerations

  • !Carries a separate $3-per-lot commission
  • !A spread starting at 0.0 does not represent the complete transaction cost
  • !May be less relevant to traders who do not prioritize cTrader
  • !Should be compared with Raw Spread, Standard and the other Raw accounts before choosing

Who Is This Account Suitable For?

  • •Eligible clients seeking trading without overnight swap charges
  • •Clients who meet the Swap-Free conditions under SCB or CMA
  • •Users researching the Capital.com Islamic or Swap-Free account
  • •Traders comparing the Swap-Free option with the regular CFD account

Who Is This Account Suitable For?

  • •Advanced traders who prefer cTrader within the IC Markets account options
  • •Traders seeking to combine cTrader with a tight spread range
  • •Users comparing cTrader account commission with the regular Raw Spread account
  • •Traders who evaluate both spread and commission when choosing an account

Detailed Account Analysis

Who Can Use the Capital.com Swap-Free Account?

The account is intended for eligible clients under SCB and CMA only and should not be assumed to be available in every country or to every client. Eligibility can depend on the client’s location and applicable conditions, so Swap-Free availability should be confirmed before relying on the feature.

Is the Capital.com Swap-Free Account the Islamic Account?

The Swap-Free option is intended for eligible clients seeking trading without overnight swap charges. This may correspond with what users mean when searching for a Capital.com Islamic account, but availability and conditions are not uniform for every client and should be confirmed.

What Does the Capital.com Swap-Free Account Cost?

Spreads range from 0.6–1.3 pips with a 0.7-pip average, there is no separate trading commission and the minimum deposit is $10. These pricing details are separate from the Swap-Free conditions themselves, which may differ from the regular account.

Detailed Account Analysis

IC Markets Raw Spread (cTrader) vs Raw Spread: What Is the Difference?

According to Broker Alarab data, both accounts share 0.0–0.3 pip spreads, a $200 minimum deposit and Market Execution. The clear difference in our table is commission alongside the cTrader focus of this account. Raw Spread (cTrader) carries a $3-per-lot commission, while Raw Spread carries $7 per lot. Traders should therefore compare their preferred platform and total trading cost rather than assuming the accounts are identical because both carry the Raw Spread name.

Who Is the IC Markets cTrader Account For?

Broker Alarab categorizes Raw Spread (cTrader) for advanced traders. The account becomes particularly relevant to users specifically seeking a cTrader experience while also wanting tight Raw pricing. Platform choice alone does not determine suitability, however. Traders should also consider the $3-per-lot commission, 0.0–0.3 pip spread range and expected trading volume, allowing the account to be evaluated as a complete combination of trading workflow and cost.

IC Markets cTrader vs Standard: Which Account Fits Your Trading Style?

The pricing structures differ clearly in our data. Raw Spread (cTrader) uses 0.0–0.3 pip spreads with a $3-per-lot commission, while Standard uses 0.8–1.0 pips with no separate commission. Both have a $200 minimum deposit. Traders seeking simpler pricing may consider Standard, while those prioritizing cTrader and tighter spreads should evaluate the cTrader account after including commission in the total transaction cost.

Important Points About the Capital.com Swap-Free Account

Availability is linked to SCB and CMA only

The Swap-Free option is not a universal account automatically available to every Capital.com client.

Client eligibility should be confirmed

Swap-Free availability and conditions may depend on the client’s country, applicable entity and individual eligibility.

Swap-Free conditions may differ from the regular account

Applicable conditions should be checked rather than assuming that every characteristic of the regular CFD account remains identical.

Important details about the IC Markets Raw Spread (cTrader) account

The cTrader account commission is $3 per lot in our data

Broker Alarab data lists a $3-per-lot commission for Raw Spread (cTrader). This should be considered alongside the spread when comparing trading costs.

Raw Spread and Raw Spread (cTrader) are not identical

Although their spread ranges and minimum deposits match in our data, commission differs and this account has a cTrader focus, so the two should be evaluated separately.

Choosing cTrader does not remove the importance of cost

Platform preference matters, but spread, commission and trading volume remain important factors when determining whether the account fits a trader.

DECISION GUIDE

How to Choose the Right Trading Account

Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.

01

Compare Spreads and Commissions Together

The recorded spread for Capital.com Swap-Free (SCB and CMA only) is 0.6 - 1.3, while IC Markets Raw Spread (cTrader) shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for Capital.com Swap-Free (SCB and CMA only) is $10, compared with $200 for IC Markets Raw Spread (cTrader). A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

Compare Trading Platforms and Execution

Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.

04

Verify Regulation and Eligibility

Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.

FREQUENTLY ASKED QUESTIONS

FAQs About Capital.com Swap-Free (SCB and CMA only) vs IC Markets Raw Spread (cTrader)

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between Capital.com Swap-Free (SCB and CMA only) and IC Markets Raw Spread (cTrader)?+
The recorded spread for Capital.com Swap-Free (SCB and CMA only) is 0.6 - 1.3, compared with 0.0 - 0.3 for IC Markets Raw Spread (cTrader). The advertised commissions are $0 and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
Does Capital.com offer a Swap-Free account?+
Yes. A Swap-Free option is available to eligible clients under SCB and CMA only. It is intended for clients seeking trading without overnight swap charges, while availability and conditions may depend on the client’s country and circumstances.
Is the Capital.com Islamic account available to every client?+
This should not be assumed. The Swap-Free option is linked to eligible clients under SCB and CMA only, and conditions may differ depending on the country and client circumstances. Eligibility should therefore be confirmed.
What is the Capital.com Swap-Free spread?+
Spreads range from 0.6–1.3 pips with an average of 0.7 pips. There is no separate trading commission, the minimum deposit is $10 and orders use Market Execution.
What is the difference between Capital.com CFD and Swap-Free?+
The CFD account is the general option for CFD and forex trading, while Swap-Free is intended for eligible clients seeking trading without overnight swap charges under SCB and CMA. Swap-Free conditions may differ from those of the regular account.
What is the IC Markets Raw Spread (cTrader) account?+
The IC Markets Raw Spread (cTrader) account is the cTrader-focused Raw option and is categorized by Broker Alarab for advanced traders. According to our data, spreads range from 0.0–0.3 pips, commission is $3 per lot, the minimum deposit is $200 and orders use Market Execution. It differs from the regular Raw Spread account in our table through its commission and cTrader focus.
What is the IC Markets cTrader spread and commission?+
According to Broker Alarab data, Raw Spread (cTrader) spreads range from 0.0–0.3 pips and commission is $3 per lot. A spread starting at 0.0 does not mean trading is cost-free because commission must be included when evaluating each transaction. Traders should therefore consider both components, particularly when operating at greater volume or frequency.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.