Automate Your Trading on IC Markets
Automate your trading on IC Markets using ready-made bots or build your own bot with XAUBOT. Then download the MT4 or MT5 file and install it on your IC Markets account.
This page is informational. Verify all details directly with the broker before opening an account.
Licensing and account protection
Global regulation
Raw Trading Ltd (IC Markets Global) is regulated by the Seychelles Financial Services Authority as a Securities Dealer under licence SD018.
Regional licences
Separate entities hold CySEC CIF licence 362/18 in the EU, ASIC licence AFSL 335692 in Australia, and CMA licence 199 in Kenya. Conditions differ by entity.
Client-fund segregation
Global client funds are stated as held in client-segregated accounts with top-tier banking institutions, separate from company operating funds.
Insolvency insurance
The Global insurance page states coverage up to US$1,000,000 for all claimants, triggered only in the event of Raw Trading Ltd insolvency, covering available balance and open CFD positions.
Negative balance protection
Not universal. Retail clients under the EU and Australian entities receive it. The Global risk disclosure states that losses may in some cases exceed deposits — check which entity your account sits under.
Automated trading
The Raw Spread and MT4/MT5 pages explicitly target Expert Advisors, scalpers and robots. Hedging is allowed, with no FIFO restriction stated on the Global MetaTrader offering.
Specifications relevant to automated trading
The broker conditions directly affect how XAUBOT trading bots perform.
Conditions vary significantly by region
The same broker offers very different leverage and account features depending on which regulatory entity your account is opened under.
| Feature | Global Seychelles FSA — SD018 |
European Union / EEA CySEC — 362/18 |
Australia ASIC — AFSL 335692 |
Kenya CMA — 199 |
United States Not accepted |
|---|---|---|---|---|---|
| Maximum leverage | Dynamic · Forex up to 1:5000 on MetaTrader · cTrader up to 1:1000 | Retail up to 1:30 · Professional up to 1:500 | Retail generally up to 1:30 · higher for eligible wholesale clients | Up to 1:400 stated | Not applicable |
| Core account types | Standard, Raw Spread, cTrader Raw, plus Raw Pro tiers | Standard, Raw Spread | Standard, Raw Spread | Standard, Raw Spread | Not applicable |
| Hedging / scalping | Allowed, no FIFO stated | Hedging by default, netting on request | Allowed | Allowed on Raw Spread | Not applicable |
| Spread model | Raw from 0.0 pips · Standard from 0.8 | Raw spread + commission · Standard +0.8 pip markup | Raw spread + commission · Standard +0.8 pip markup | Raw from 0.0 · Standard per help centre | Not applicable |
| Negative balance protection | No blanket claim · risk disclosure warns losses may exceed deposits | Yes for Retail · not for Professional | Yes for Retail · wholesale terms differ | Yes for Retail · wholesale terms differ | Not applicable |
| Deposit bonus | Campaign or region-specific promotions only | Do not assume available · EU inducement rules are restrictive | No deposit bonuses | No deposit bonuses | Not applicable |
Regulatory conditions change over time and vary by the entity you register with. Confirm current terms directly with the broker before depositing. XAUBOT does not verify or endorse broker claims.
Which account suits which strategy
Account type affects spreads, commission and total round-trip cost, which can impact strategy performance.
| Specification | Standard | Raw Spread (MT4/MT5) | Raw Pro | Raw Pro+ |
|---|---|---|---|---|
| Status | Current | Current | New, early access | New, early access |
| Minimum initial deposit | $0 | $0 | $5,000 | $100,000 |
| Spread type | Floating from 0.8 pips | Floating from 0.0 pips | Floating from 0.0 pips | Floating from 0.0 pips |
| Trading commission | No commission | $3.50/lot/side · $7 round turn | $1.50/lot/side · $3 round turn | $1.00/lot/side · $2 round turn |
| Maximum leverage | Up to 1:5000 | Up to 1:5000 | Up to 1:5000 | Up to 1:5000 |
| Stop-out level | 50% | 50% | 50% | 50% |
| Broker-listed suitability | Discretionary traders | EAs & scalpers | Discretionary traders | Discretionary traders |
MetaTrader account with no separate commission and spreads from 0.8 pips. No minimum deposit and dynamic leverage up to 1:5000, which makes it a simple starting point where cost is a single, visible number.
The standard raw-pricing MetaTrader account, described by the broker as built for day traders, scalpers and Expert Advisors. Raw spreads from 0.0 pips with $3.50 per lot per side.
Newer MetaTrader tier with raw spreads from 0.0 pips and commission reduced to $1.50 per lot per side. Requires a $5,000 minimum deposit and is marked as early access.
The lowest-commission MetaTrader tier at $1.00 per lot per side with raw spreads from 0.0 pips. Listed with a $100,000 minimum deposit and marked as early access.
How XAUBOT works with an IC Markets account
XAUBOT bots integrate directly with MetaTrader, which connects to your broker’s servers. Your account’s execution quality, commission structure and margin flexibility can directly affect how the bot’s risk logic performs.
Integrated news filter
XAUBOT includes a built-in economic calendar filter that pauses new trade execution ahead of high-impact news releases. This matters here because leverage can also be temporarily reduced during those same designated periods.
Universal MetaTrader adaptability
The same software adjusts its order logic to match any MetaTrader account environment, whether running small volumes on a Standard account or larger volumes on Raw Spread, Raw Pro or Raw Pro+.
Configurable risk controls
Position sizing, stop-loss, take-profit, and drawdown limits are set when you download or build the bot so higher available leverage does not automatically mean higher exposure unless you configure it that way.
Hedging support required
Most XAUBOT strategies expect a hedging account with no FIFO restriction. The Global MetaTrader accounts state exactly that, along with a freeze level of 0 and no minimum order distance — confirm it applies to the entity you register under.
XAUBOT strategies and account matching
Different strategies place different demands on spread, execution speed, and margin.
Open several positions at planned price levels, which increases simultaneous exposure and requires available free margin. With a 50% stop-out level and leverage that can tighten during news and weekends, free margin headroom matters more than headline leverage.
Short-duration trades that are highly sensitive to spread, commission, and execution latency. Total round-trip cost matters more than the headline spread figure, so compare 0.0 pips plus $7 against 0.8 pips with no commission.
Bots you configure yourself in the XAUBOT dashboard, choosing market, entry logic, risk level, and filters. Account requirements depend entirely on the settings you choose.
Running trading bot on an IC Markets account
Open a broker account
Register directly with the ICMarkets broker, choose MT4 or MT5, and select the account type that fits your strategy. A cTrader or TradingView account will not run a MetaTrader bot.
Save your login details
Record the MetaTrader account number, trading password, and exact server name. The account number is the numeric login shown in the terminal not your client portal username.
Create your XAUBOT account
Sign up, choose a plan or start the free trial, then either download a ready-made bot based on its verified results or build and generate your own custom bot. Finally, download the .ex4 file for MT4 or the .ex5 file for MT5.
Link your license to the account number
In XAUBOT Subscriptions, open Connect Account Numbers and enter the numeric MetaTrader login. A license linked to one account will not validate on another.
Install the bot on MetaTrader
Place the file in MQL4/Experts or MQL5/Experts, refresh Navigator, enable automated trading, and add https://xaubot.com to the allowed WebRequest URLs.
Attach, verify, and monitor
Open the exact broker symbol and required timeframe, attach the bot, enter your license key, and enable Auto/Algo Trading. Confirm the panel shows Live and the Experts/Journal tabs show no errors.
Build a bot, test it on demo, decide for yourself
Free for 15 days with no credit card. Works on any MT4 or MT5 demo account, so you can verify the setup before committing real capital.
XAUBOT works with any MT4 or MT5 broker
If it runs MetaTrader with the symbols you trade, it runs XAUBOT.