I’ve been researching IC Markets for a few weeks now, and I’m running into the same problem over and over: every review I read tells a different story about their spreads and commissions. One person says they’re tight, another says they’re wide. One mentions great support, another complains about slow withdrawals.
The thing that struck me recently is that nobody seems to be comparing IC Markets using actual cost data. It’s all just opinions.
That’s when I started thinking about GlobeGain rebates. I noticed that when you factor in the cashback you get back from trading, the real cost picture changes. A broker that looks expensive on paper might actually be cheaper when you account for rebates. And vice versa - a broker advertising low spreads might have hidden costs that the rebates don’t cover.
So here’s what I’m wondering: has anyone actually used GlobeGain rebate records to build a real cost comparison for IC Markets? Like, tracking what you actually paid per lot after rebates, then comparing that to other brokers?
I feel like if we had that data from actual traders, we could cut through all the noise and see which brokers are genuinely transparent about their costs and which ones are just good at marketing.
You’re on the right track here. Rebate data does reveal real cost differences, but only if you track it properly.
What matters is your total trading cost: spread + commission minus rebate. IC Markets publishes their spreads, but many traders don’t account for slippage during news or execution delays.
With GlobeGain rebates, you get a clear record of what you actually paid per lot. Compare that across three brokers you’re considering, trade the same instruments for a week, and the winner becomes obvious.
The trap: focusing only on rebate size. A 0.4 pip rebate means nothing if the spreads are 1.5 pips wider than the alternative.
I started tracking my actual costs a few months back and it really changed how I pick brokers.
What I found useful was keeping a simple spreadsheet: date, pair, spread, commission, and rebate. After a month or two, the real cost per lot became clear. IC Markets looked different once I included the rebate number from GlobeGain.
The honest answer is that most reviews don’t go that deep. They just quote advertised spreads. Using your own rebate records gives you actual proof instead of guessing.
Started doing this last year after getting frustrated with vague broker comparisons.
Used GlobeGain to track my IC Markets costs for two months. The rebates added up, but the real eye-opener was comparing execution quality and withdraw speed alongside the cost data.
One broker had lower total costs but took five days to withdraw. Another cost slightly more but was instant. When you factor that in with rebates, the decision gets clearer.
The rebate data alone doesn’t tell the full story. But it’s a solid starting point that most traders skip.
tracking rebates helps but spreads matter more. IC Markets is decent either way.
Track rebates and real spreads. Marketing spreads are misleading.