IC Markets GBP/USD Spread & Trading Conditions 2026

IC Markets quotes GBP/USD — the British pound vs US dollar pair, a highly liquid major — with a standard spread of 1.0 pips (Standard). 1.0 pips (Standard) places it 8th out of the 39 brokers we track quoting GBP/USD, tighter than the median of 1.2. On raw/ECN accounts the spread is typically 0.0-0.1 pips + $3.50/side (Raw). Spreads are quoted in pips and widen or tighten with market volatility and account type.

Fee context from our review: IC Markets offers industry-leading pricing with True ECN Raw Spread accounts featuring spreads from 0.0 pips plus commission ($7 round turn on MT4/MT5, $6 on cTrader). Standard accounts are commission-free with spreads from 0.6-0.8 pips. No deposit fees, no withdrawal fees (except international bank wires), and no inactivity fees. High-volume traders benefit from a three-tier volume rebate program.

Across the 39 public brokers we track quoting GBP/USD, IC Markets ranks 8 against a median of 1.2. Ranked on published standard-account quotes — see our [methodology](/our-methodology/).

When trading GBP/USD at IC Markets:

Minimum deposit: $200
Maximum leverage: 1:1000 (Global) | 1:30 (Retail)
Commission: $3.50/lot (Raw Spread)
Execution: True ECN
Platforms: MT4, MT5, cTrader, TradingView

Spreads shown are indicative of the account types we assess. Raw/ECN accounts generally charge a per-lot commission in exchange for tighter raw spreads, while standard accounts build costs into the spread itself.

The GBP/USD spread is driven by liquidity depth, market volatility, the time of day (London and New York sessions are tightest), and the account model you choose. IC Markets supports MT4 and MT5 for spread-sensitive execution.