Checking IC Markets rebate earnings requires logging into the rebate provider’s dashboard or using a rebate calculator that tracks lot volume and commission cashback per trade. Rebate amounts update after each closed trade, reflecting the exact lot size and instrument traded.
RebateFX offers up to 80% cashback on IC Markets IB commission, which can be relatively competitive compared to alternative rebate programs, though actual rates should be verified directly with the provider. Rate differences between providers directly affect total rebate value over time.
Rebate per lot is calculated based on instrument type, with Forex, Gold, Silver, and Oil trades each carrying different cashback values, so actual rates should be verified directly with the provider. Payment structures vary too, arriving either as a direct commission discount or a spread reduction depending on the account type.
Account balance and rebate status can typically be checked within the IC Markets client portal or through the rebate provider’s reporting tools, alongside FAQ sections addressing common tracking issues. These resources confirm whether rebates have been credited correctly after each trading cycle.
The section below explains step by step how to check IC Markets rebate earnings using these tools and dashboards.
Contents:
How to Check Your IC Markets Rebate Earnings?

Checking IC Markets rebate earnings involves two main methods: reviewing the RebateFX dashboard and cross-referencing the IC Markets trading account statement. Both sources track lot volume and commission cashback, but each serves a different verification purpose.
The steps below cover linking the trading account to the RebateFX IB and reading commission rebate reports to confirm accuracy.
What Information Is Needed to Track Rebate Status?
Tracking IC Markets rebate status requires three core details: the IC Markets account number, the IB partner link tied to RebateFX, and the trading volume or lot data generated on closed trades. These pieces connect trading activity to the correct rebate account and confirm accrual accuracy.
Each detail serves a distinct verification role in the tracking process.
- Account number identifies which IC Markets trading account the rebate calculation applies to.
- IB partner link confirms the account registered under RebateFX, since rebates only accrue when trades route through this affiliate link.
- Trading volume and lot data determine the exact commission cashback owed per instrument traded.
Missing or mismatched information in any of these three areas typically causes rebate tracking discrepancies. Traders comparing statements from IC Markets against the RebateFX dashboard should confirm all three details align before flagging a missing payment.
How to Use a Rebate Calculator to Estimate Cashback?
To use a rebate calculator for IC Markets, enter the lot size, instrument type, and rebate rate to generate an estimated cashback figure before placing a trade. This process mirrors the tracking logic already noted for the RebateFX dashboard, giving traders a preview instead of a post-trade record.
The calculator follows a straightforward sequence:
- Enter the lot size traded on the selected instrument, since cashback scales with volume.
- Select the instrument type (Forex, Gold, Silver, or Oil), as each carries a different commission base.
- Input the rebate rate, set at 80% of the IB commission RebateFX receives from IC Markets.
- Review the output showing the estimated cashback value for that trade.
The resulting figure reflects a projection rather than a confirmed payout, since actual commission received by RebateFX can shift slightly with account type or promotional adjustments. Traders typically use this estimate to compare expected returns across instruments before committing to a trade size, then confirm the final amount against the dashboard once the trade closes.
What Is the IC Markets Rebate Rate at RebateFX?

The IC Markets rebate rate at RebateFX follows the IB Commission Rebate model, returning 80% of the IB commission actually received to the client. This rate ties directly to real commission flow rather than a fixed cash figure per lot.
The formula behind this structure stays simple: Rebate = IB Commission Received x 80%. Two factors shape how this rate applies across trading activity, covered in the sections that follow.
Are Rebate Rates the Same Across All IC Markets Account Types?
No, rebate rates are not uniform across all IC Markets account types, since the actual cashback amount shifts with account type, product traded, and eligible trading volume, even though the 80% ratio on IB commission received stays fixed. This distinction matters because the percentage applies consistently, while the dollar value behind it moves depending on account conditions.
Three factors explain why the final rebate figure differs between traders using the same 80% rate:
- Account type determines the base commission structure, since raw spread accounts and commission-based accounts generate different IB commission amounts per lot.
- Product traded changes the commission base, as Forex, Gold, Silver, and Oil each carry separate commission values tied to their own market conditions.
- Eligible trading volume scales the rebate directly, meaning higher lot activity produces a larger absolute cashback even under the same 80% ratio.
The 80% figure functions as a constant multiplier, not a fixed payout amount. Two traders on different account types can generate different rebate totals from identical lot sizes, purely because their underlying IB commission bases differ.
IC Markets Rebate vs Other Rebate Providers: Which Pays More Per Lot?

RebateFX pays a higher IC Markets rebate rate on XM and FBS at 90%, while IC Markets sits alongside Tickmill, HFM, and XTB at 80%, meaning cashback per lot on IC Markets ranks below the top tier but even with several other brokers. This comparison follows the same IB Commission Rebate model referenced earlier, so the ranking reflects rate percentage rather than a fixed dollar amount per lot.
The positioning breaks down by broker as follows:
- XM returns up to 90% of IB commission received, placing it at the top of the rate comparison.
- FBS returns up to 90% of IB commission received, matching XM’s top-tier position.
- IC Markets returns 80% of IB commission received, grouping it with three other brokers below XM and FBS.
- Tickmill returns 80% of IB commission received, matching IC Markets’ rate.
- HFM returns 80% of IB commission received, also matching IC Markets’ rate.
- XTB returns 80% of IB commission received, completing the group of brokers sharing the 80% tier.
The actual rebate paid per lot still depends on the IB commission each broker generates, so a lower percentage rate does not automatically translate to a smaller cashback figure across all instruments. Traders comparing “which pays more per lot” across providers need to weigh both the percentage rate and the underlying commission base of each broker before drawing conclusions.
How Is IC Markets Rebate Calculated Per Lot for Forex, Gold, Silver and Oil?

IC Markets rebate per lot calculates from the IB commission actually generated on each closed trade, then multiplies that figure by 80%, with the commission base itself differing across Forex, Gold, Silver, and Oil. This calculation method ties back to the instrument-specific commission structure noted earlier, since each product category carries its own IB commission value before the rebate percentage applies.
The two sections below break down how the calculation runs per instrument and why the commission structure, not the spread percentage, drives the final rebate figure.
What Factors Affect the Final Rebate Amount Per Trade?
Four factors shape the final rebate amount per trade: broker or account type, traded instrument, trading volume, and eligibility of the trade under the rebate program. Each factor changes the IB commission base before the 80% rate applies, so identical lot sizes can still generate different cashback outcomes.
These four elements work together rather than independently, which explains why the same rate can produce varied results across traders.
- Broker or account type sets the underlying commission structure, since spread-based accounts and commission-based accounts generate different IB commission per lot.
- Traded instrument shifts the commission base, as Forex, Gold, Silver, and Oil each carry separate commission values reflecting their own market conditions.
- Trading volume scales the payout directly, meaning larger lot sizes produce a proportionally larger rebate under the same rate.
- Eligibility of the trade determines whether that specific trade qualifies for rebate calculation at all, since trades routed outside the IB partner link typically fall outside tracking.
Any one of these four factors changing on its own alters the final cashback figure, even when the 80% rate stays fixed across the account.
Is IC Markets Rebate Paid as a Commission Discount or a Spread Reduction?

IC Markets rebate at RebateFX pays out as a commission discount, calculated from the IB commission actually received rather than any markup applied to the spread. This structure directly answers the payout method question raised by the heading, since it separates RebateFX’s model from spread-reduction schemes used elsewhere.
Three points distinguish this commission-based approach from a spread-reduction model:
- Commission-based rebates track the IB commission RebateFX receives from IC Markets, applying the 80% rate against that real figure.
- Spread-reduction rebates instead shave a portion off the spread markup itself, a mechanism some other providers use but RebateFX does not apply to IC Markets.
- Payout consistency stays tied to commission flow under RebateFX’s model, meaning cashback moves with IB commission received rather than with spread pricing shifts.
Traders reviewing statements should expect rebate figures to align with commission data rather than spread differentials. This distinction matters most when comparing IC Markets rebate structures against providers advertising spread-based cashback, since the two models calculate payouts from different underlying values.
How to Check Rebate Status Directly on the IC Markets Trading Platform?

Checking rebate status directly on the IC Markets platform involves reviewing account balance, closed trade history, and commission entries within the client portal or MT4/MT5 terminal. This process cross-verifies the rebate-eligible volume reported by RebateFX against the broker’s own records.
The two sections below cover reading trade history for volume accuracy and matching commission entries against the RebateFX dashboard.
Where to Find Answers About Rebate in the FAQs?
Answers about IC Markets rebate eligibility, payment schedule, and account linking requirements sit within the RebateFX FAQ section on the RebateFX website. This resource follows the same tracking logic already covered for the dashboard and client portal, offering a reference point when trade history and commission entries raise questions.
The FAQ section addresses three recurring topics tied to rebate management:
- Eligibility criteria clarify which trades and account types qualify for the 80% IB commission rebate on IC Markets.
- Payment schedule details outline when accrued cashback gets processed and credited to the linked account.
- Account linking requirements explain how the IC Markets trading account connects to the RebateFX IB partner link for accurate tracking.
Traders noticing a mismatch between the RebateFX dashboard and IC Markets trade history typically consult this FAQ section before contacting support directly. The section serves as the first checkpoint for resolving discrepancies mentioned earlier around missing or delayed rebate credits.
What Are Some Uncommon Details About IC Markets Rebate Eligibility?
Uncommon eligibility details for IC Markets rebate involve edge cases such as certain products, promotional trades, or specific account types that may fall outside standard rebate calculation. These exceptions sit apart from the core rebate mechanics already covered, since they touch on scenarios rather than the standard commission-based formula.
The subsections below outline these edge cases without assuming a fixed exclusion list, since specific terms require direct confirmation.
Can Rebate Rates Change Without Prior Notice?
Yes, rebate rates can change without prior notice, since RebateFX and IC Markets both retain the right to adjust the 80% cashback ratio and related conditions over time. This possibility ties directly to the rate volatility already noted around IB commission fluctuations, but it extends beyond commission shifts into policy-level changes.
Three points explain why this happens:
- Rate adjustments originate from either RebateFX or IC Markets independently, since both parties hold authority over their respective sides of the commission agreement.
- Condition changes affect eligibility criteria, payment schedules, or account linking rules alongside the percentage itself.
- Official pages carry the current terms, meaning any rate quoted in a general guide reflects the information available at the time of writing rather than a guaranteed ongoing figure.
Traders relying on a fixed 80% figure across long trading periods risk acting on outdated information. Checking the RebateFX dashboard or official IC Markets rebate page before committing to volume-based strategies confirms whether the rate or conditions have shifted since the last review.
Conclusion
In conclusion, checking IC Markets rebates through the RebateFX dashboard and comparing the results with your trading statement helps confirm that lot volume, account details, and cashback figures are recorded correctly. The rebate is calculated as 80% of the IB commission actually received, while the final amount varies by account type, traded instrument, eligible volume, and current program conditions. Traders should verify the linked IB account, use the calculator only as an estimate, and review the latest official rebate terms before placing trades or reporting a payment discrepancy.

Soren Carrick is a Broker Rebate Program Specialist at RebateFX.org, specializing in Forex rebate programs, Introducing Broker (IB) operations, broker cashback systems, and trading cost analysis. He manages English-language content for IC Markets Rebate, Tickmill Rebate, and XTB Rebate, focusing on account registration, IB transfers, rebate calculations, cashback tracking, and payment verification to help traders understand rebate conditions and manage trading expenses more effectively.

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