GOLDSNIPER Key features for gold traders.
Raw Spreads
IC Markets' Raw Spread account offers institutional-grade pricing on XAU/USD, averaging $0.05–$0.10 during peak liquidity. The commission is a flat $3.50 per lot per side ($7 round trip). During London-NY overlap, spreads regularly drop to $0.00–$0.03 — making IC Markets the cheapest broker for gold in most conditions.
Fast Execution
Orders are executed from Equinix NY4, LD5, and TY3 data centers with average execution speed under 40ms. For gold scalpers who need to enter and exit quickly around news events, this speed difference translates directly into better fills and less slippage compared to slower brokers.
cTrader + MT4/MT5
cTrader offers Level II pricing, advanced order types, and the fastest execution of the three platforms — ideal for scalping gold. MT5 is best for EAs and automated strategies. MT4 remains the most popular choice with the largest indicator library. All three are available on desktop, web, and mobile.
ASIC Regulated
IC Markets holds an Australian Financial Services License (AFSL 335692) from ASIC — one of the world's strictest regulators. Client funds are segregated at Westpac and National Australia Bank. This provides genuine protection: if IC Markets were to become insolvent, your funds would be held separately from company assets.
Deep Liquidity
IC Markets aggregates pricing from 25+ liquidity providers including banks and non-bank market makers. This deep liquidity pool means tighter spreads, larger order sizes without market impact, and minimal slippage even during volatile events like NFP or FOMC. Institutional traders choose IC Markets for this reason.
ECN Pricing Model
As a true ECN broker, IC Markets doesn't trade against you. Your orders are matched against the liquidity pool at the best available price. There's no dealing desk intervention, no requotes, and no conflict of interest. This transparency is particularly important for gold traders who need to trust that their fills are genuine.
Set up XAU/USD on IC Markets.
Open a Raw Spread account
Go to icmarkets.com and select "Raw Spread" as your account type. Choose MT4, MT5, or cTrader as your platform. For gold trading, we recommend cTrader for scalping or MT5 for swing trading. Complete the identity verification (usually approved within 24 hours).
Fund your account
IC Markets accepts bank transfer, credit/debit card, PayPal, Skrill, Neteller, and crypto deposits. There's no minimum deposit, but we recommend starting with at least $500 for gold trading — this gives enough margin for proper position sizing with reasonable stop-losses.
Add XAU/USD to your watchlist
Open your platform, navigate to Market Watch (MT4/MT5) or Finder (cTrader). Search for "XAUUSD" or look under Metals/Commodities. Right-click and add to your watchlist. Open a chart, set your preferred timeframe (H1 or M15 for day trading), and add your indicators.
Configure your risk settings
Set your default lot size based on your account balance. For a $1,000 account trading gold, 0.01 lots ($0.10/pip) is appropriate. Set one-click trading for fast execution. Add economic calendar alerts in MT5 or use ForexFactory to track FOMC, CPI, and NFP dates.
GoldSniper signals + IC Markets.
GoldSniper provides exact price levels for every signal: entry price, stop-loss, and up to three take-profit targets. When a signal fires, open IC Markets on your phone or desktop, place the trade at the specified entry, set your SL and TP, and let the trade work.
IC Markets' raw spreads mean you execute closest to our signal levels — less slippage between our entry price and your filled price. Combined with cTrader's one-tap trading, you can go from signal notification to live trade in under 10 seconds.
See GoldSniper signals on IC Markets.
Watch how traders execute our alerts on cTrader and MT5 in real time.
IC Markets gold FAQ
What is the gold spread on IC Markets? +
The Raw Spread account averages $0.05–$0.10 on XAU/USD plus $3.50/lot commission per side. The Standard account includes spreads from $0.15 with no commission. During London-NY overlap, raw spreads frequently touch $0.00–$0.03.
What leverage does IC Markets offer for gold? +
Up to 1:500 on ASIC/FSA entities. CySEC entity caps at 1:20 under ESMA rules. Most experienced gold traders use 1:100–1:200 effective leverage for proper risk management.
Which platform is best for gold on IC Markets? +
cTrader for scalping (best execution, Level II pricing). MT5 for automated trading (robust EA support). MT4 for simplicity and the largest custom indicator library.
Is IC Markets regulated and safe? +
Yes. ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles) regulated. Client funds segregated at Westpac and NAB. Operating since 2007 with no major regulatory incidents.
Gold signals for IC Markets.
Exact entry, SL, TP levels. Execute on cTrader or MT5 in seconds. Download free.