Account One01
Raw Spread
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$200
Detailed Trading Account Comparison
Trading Account Comparison: IC Markets Raw Spreadvs ThinkMarkets Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Standard
Advertised Spread
0.4 - 1.0
Commission
$0
Minimum Deposit
$50
ACCOUNT OVERVIEW
What Makes IC Markets Raw Spread Different from ThinkMarkets Standard?
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.
IC Markets Raw Spread
The IC Markets Raw Spread account is categorized by Broker Alarab for scalpers and uses tight-spread pricing with a separate commission. Spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $200 and orders use Market Execution. Its key use case is therefore evaluating frequent-trading costs and comparing them directly with Standard and the other Raw options.
ThinkMarkets Standard
The ThinkMarkets Standard account is the standard option categorized by Broker Alarab for MT4 and MT5 traders. Its listed spreads range from 0.4–1.0 pips with a recorded average of 0.7 pips, there is no separate trading commission, the minimum deposit is $50 and orders use Market Execution. It provides a different pricing choice from the low-spread ThinkZero account and differs from ThinkTrader in its target users and deposit requirement.
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.
IC Markets
Raw Spread
ThinkMarkets
Standard
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
IC Markets
IC Markets
ThinkMarkets
ThinkMarkets
Account Name
IC Markets
Raw Spread
ThinkMarkets
Standard
Account Type
IC Markets
raw
ThinkMarkets
standard
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
IC Markets
ASIC | CySEC | FSA | SCB
ThinkMarkets
FCA | ASIC | CySEC | FSCA | FSA
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
IC Markets
0.0 - 0.3
ThinkMarkets
0.4 - 1.0
Minimum Recorded Spread
Based on the available account information.
IC Markets
0
ThinkMarkets
0.4
Average Recorded Spread
IC Markets
0.1
ThinkMarkets
0.7
Advertised Commission
IC Markets
Not specified
ThinkMarkets
$0
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
IC Markets
$200
ThinkMarkets
$50
Order Execution Method
IC Markets
Market Execution
ThinkMarkets
Market Execution
Trading Platforms
Available platforms may differ by account type.
IC Markets
MT4 | MT5 | cTrader | TradingView
ThinkMarkets
ThinkTrader | MT4 | MT5 | TradingView
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
IC Markets
Not classified in this category
ThinkMarkets
Not classified in this category
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
IC Markets
ASIC | CySEC | FSA | SCB
ThinkMarkets
FCA | ASIC | CySEC | FSCA | FSA
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
IC Markets
1:500
ThinkMarkets
1:500
Open a Trading Account
IC Markets
Open Account ↗ThinkMarkets
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | IC Markets Raw Spread | ThinkMarkets Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | IC Markets | ThinkMarkets |
| Account Name | Raw Spread | Standard |
| Account Type | raw | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSA | SCB | FCA | ASIC | CySEC | FSCA | FSA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.4 - 1.0 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0.4 |
| Average Recorded Spread | 0.1 | 0.7 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $200 | $50 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | ThinkTrader | MT4 | MT5 | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | FSA | SCB | FCA | ASIC | CySEC | FSCA | FSA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
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.
IC Markets
Raw Spread
ThinkMarkets
Standard
Broker Alarab's Assessment
We see IC Markets Raw Spread as an account to evaluate for scalping and spread-sensitive trading rather than automatically assuming it is cheaper than Standard. Its 0.0–0.3 pip range is tight, but the $7-per-lot commission matters, particularly with frequent trading. The most useful approach is to calculate spread and commission together and compare the result directly with Standard pricing.
Broker Alarab's Assessment
We see ThinkMarkets Standard as a clear option for MT4 or MT5 users who prefer pricing without a separate trading commission. Its listed spread range is 0.4–1.0 pips with a 0.7-pip recorded average and a $50 minimum deposit. Traders primarily seeking tighter spreads should compare it with ThinkZero, while ThinkTrader and TradingView users have a separately categorized account.
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Categorized for scalping in our account data
- ✓Clear pricing model combining tight spreads with a defined commission
- ✓Minimum deposit is $200
- ✓Provides a tight-spread alternative to the Standard account
Account Advantages
- ✓No separate trading commission according to Broker Alarab data
- ✓Listed spreads of 0.4–1.0 pips with a 0.7-pip recorded average
- ✓Categorized for MT4 and MT5 traders
- ✓Minimum deposit is $50
- ✓Simpler pricing model than ThinkZero for users who prefer no separate commission
Disadvantages and Considerations
- !Commission is $7 per lot according to our data
- !A spread starting at 0.0 does not mean cost-free trading
- !Frequent trading makes cumulative commission an important factor to calculate
- !Other Raw accounts in our table have different commissions and should be compared
Disadvantages and Considerations
- !The listed spread range is wider than ThinkZero
- !The minimum deposit is higher than ThinkTrader
- !No separate commission does not mean trading cost is zero
- !Users prioritizing ThinkTrader or TradingView have another account categorized specifically for that use
Who Is This Account Suitable For?
- •Scalpers who place particular importance on tight spreads
- •Traders making a larger number of entries and exits
- •Users who prefer Raw pricing and include commission in each trade-cost calculation
- •Traders who want to compare Raw Spread directly with Standard
Who Is This Account Suitable For?
- •MT4 traders according to Broker Alarab account categorization
- •MT5 traders according to Broker Alarab account categorization
- •Users who prefer trading without a separate commission
- •Traders who prefer Standard over the low-spread commission-based ThinkZero model
Detailed Account Analysis
Is the IC Markets Raw Spread Account Good for Scalping?
Broker Alarab categorizes Raw Spread for scalping, and spreads range from 0.0–0.3 pips in our data. This can be relevant to a strategy involving frequent entries and exits and potentially smaller targeted price movements. The account also carries a $7-per-lot commission, however, so costs can accumulate as transaction count and volume rise. Scalpers should therefore calculate total cost at their expected trading volume rather than choosing the account solely because of its tight spread range.
IC Markets Raw Spread vs Standard: Which Is Better?
According to Broker Alarab data, Standard uses 0.8–1.0 pip spreads with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both carry a $200 minimum deposit and Market Execution. Standard provides a simpler pricing structure, while Raw Spread reduces the spread in exchange for commission. The more suitable account therefore changes with lot size, trading frequency and how sensitive the strategy is to spread.
How Should You Calculate IC Markets Raw Spread Costs?
A common mistake is to look at a spread starting from 0.0 pips and treat that figure as the complete measure of cost. In our data, the $7-per-lot commission must be considered alongside the actual spread at execution. Traders operating at greater volume or frequency should monitor cumulative costs and compare them with what they might pay through the Standard spread or the commissions on other Raw accounts. This makes the comparison relevant to real account usage.
Detailed Account Analysis
ThinkMarkets Standard vs ThinkZero: What Is the Pricing Difference?
Standard has listed spreads of 0.4–1.0 pips with a 0.7-pip recorded average and no separate commission, while ThinkZero has 0.0–0.3 pip spreads with a 0.1-pip recorded average and a $7 per-lot round-turn commission. The minimum deposit is $50 on Standard compared with $100 on ThinkZero. The key trade-off is therefore spread-only pricing versus tighter spreads with a separate commission.
ThinkMarkets Standard vs ThinkTrader
The accounts share the same core spread and commission figures in our data: both have listed 0.4–1.0 pip spreads and a $0 separate commission. Standard is categorized for MT4 and MT5 users with a $50 minimum deposit, while ThinkTrader is categorized for ThinkTrader and TradingView users and starts from $10. Platform preference is therefore an important distinction between them.
How Should Traders Read the ThinkMarkets Standard Spread?
The recorded minimum is 0.4 pips, but the full Broker Alarab range is 0.4–1.0 pips with a 0.7-pip recorded average. The 0.4-pip figure should therefore not be interpreted as a fixed spread. With a $0 separate commission, the spread becomes particularly important when evaluating the account pricing structure.
Important details about the IC Markets Raw Spread account
Raw Spread commission is $7 per lot in our data
Broker Alarab data lists a $7-per-lot commission. The account should therefore be evaluated using total trading cost rather than its tight spread alone.
Scalping makes repeated transaction costs important
Because we categorize the account for scalping, traders should consider how spread and commission can accumulate as the number of transactions and total lots increase.
Raw Spread and Standard have the same minimum deposit in our data
Both accounts carry a $200 minimum, so comparison should focus on pricing structure and trading style rather than the entry requirement.
Important details about the ThinkMarkets Standard account
Standard is categorized for MT4 and MT5 users
This is the account use recorded in Broker Alarab data, while ThinkTrader has a separate account categorized for ThinkTrader and TradingView users.
$0 commission does not mean zero cost
There is no separate trading commission, but the listed 0.4–1.0 pip spread remains part of trading cost.
The minimum deposit is $50
This is the account requirement recorded in our data and is not a recommendation that $50 represents appropriate trading capital or risk management.
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 IC Markets Raw Spread is 0.0 - 0.3, while ThinkMarkets Standard shows 0.4 - 1.0. 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 IC Markets Raw Spread is $200, compared with $50 for ThinkMarkets Standard. 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 IC Markets Raw Spread vs ThinkMarkets Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between IC Markets Raw Spread and ThinkMarkets Standard?+
The recorded spread for IC Markets Raw Spread is 0.0 - 0.3, compared with 0.4 - 1.0 for ThinkMarkets Standard. The advertised commissions are Not specified and $0, 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.
What is the IC Markets Raw Spread account?+
The IC Markets Raw Spread account is a tight-spread account categorized by Broker Alarab for scalping. According to our data, spreads range from 0.0–0.3 pips, commission is $7 per lot, the minimum deposit is $200 and orders use Market Execution. It differs from Standard by using tighter spreads in exchange for a separate per-lot commission.
What is the IC Markets Raw Spread spread and commission?+
According to Broker Alarab data, IC Markets Raw Spread spreads range from 0.0–0.3 pips and commission is $7 per lot. A spread starting at 0.0 does not mean the transaction is cost-free because commission is a direct component of the pricing model. This is particularly important for scalping and frequent trading, where transaction costs can accumulate.
What is the IC Markets Raw Spread minimum deposit?+
The IC Markets Raw Spread minimum deposit listed in Broker Alarab data is $200. This matches the minimum listed for Standard and the other IC Markets accounts currently in our table. The figure represents the account requirement rather than a recommendation for suitable trading capital or risk.
What is the difference between IC Markets Raw Spread and Standard?+
According to our data, Raw Spread uses 0.0–0.3 pip spreads with a $7-per-lot commission, while Standard uses 0.8–1.0 pip spreads with no separate commission. Both start at $200 and use Market Execution. Raw Spread is categorized for scalpers, while Standard is categorized for beginners, making total cost and trading style central to the comparison.
What is the ThinkMarkets Standard account?+
ThinkMarkets Standard is categorized by Broker Alarab for MT4 and MT5 traders. According to our data, spreads range from 0.4–1.0 pips with a recorded average of 0.7 pips, the separate commission is $0, the minimum deposit is $50 and orders use Market Execution.
What are the ThinkMarkets Standard spread and commission?+
The listed spread ranges from 0.4–1.0 pips with a 0.7-pip recorded average, while the separate commission is $0. There is therefore no separate trading commission in Broker Alarab data, although the spread remains a component of trading cost.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.