Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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FXCC
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IC Markets
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FXCC is a well-established broker providing low-cost online trading since 2010. It is registered in Comoros Union and regulated by CySEC, known for its ECN trading, no minimum deposit, and quick account opening in under 5 minutes. | IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries. | |
| Instruments | CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 | $200 |
| Trading Platforms | MT4, MT5 | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Payment Methods | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Neteller, Skrill, Visa, Wire Transfer | BPAY, Credit Card, Klarna, Mastercard, Neteller, PayPal, POLi, Rapid Transfer, SafeCharge, Skrill, Swift, UnionPay, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | CySEC, MISA | ASIC, CySEC, CMA, FSA |
| Account Currencies | USD, EUR, GBP, CAD | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | FXCC enhances mobile trading with the MT4 app for iPhone, iPad, and Android. It features advanced charting with 30 indicators, 9 timeframes, and 3 chart types. It's simple to start trading on the MT4 app using an FXCC ECN XL account in just 3 steps. The app allows trading of over 70 currency pairs and other global markets anytime, anywhere. | IC Markets offers mobile apps for their cTrader, MT4, MT5, and TradingView platforms on Android and iOS. Designed specifically for each system, the apps use all available features. With raw pricing and spreads from 0.0, they provide a strong trading tool for all skill levels. Notably, they maintain IC Markets' renowned fast execution speed. The apps offer a seamless and professional trading experience. |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN, MAM, PAMM | ECN, DMA, MAM, PAMM |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✓ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade |
| Copy Trading | ✓ | ✓ |
| Copy Trading Platform | FXCC suits copy traders familiar with MetaTrader. You can select traders based on performance metrics like drawdowns and returns, while maintaining control over mirroring strategies, such as adjusting by account balance or equity. | Introduced in February 2023, the IC Social app provides an easy way to learn, share, and replicate the positions of other traders quickly. The app includes risk management tools and supports trading groups. IC Markets also offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy. |
| Social Trading | ✗ | ✓ |
| Trade Signals | Signal Start | |
| VPS Hosting | ✓ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $5 | $0 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
FXCC provides various CFDs, including metals, energies, indices, a large selection of equities, and over 24 cryptos. The ECN XL account imposes no restrictions on CFD trading strategies, and MetaTrader offers strong charting tools and risk management features, such as take profit and stop loss orders. | You can trade over 2,250 CFDs 24/5 in various markets like forex, commodities, indices, stocks, and bonds. IC Markets uses high-level technology and liquidity to provide the best conditions for scalpers, hedgers, and algorithmic traders. | |
| Leverage | 1:1000 | 1:30 (ASIC & CySEC), 1:1000 (FSA) |
| FTSE Spread | 1.10 | 1.0 |
| GBPUSD Spread | 0.4 | 0.23 |
| Oil Spread | 0.035 | 0.03 |
| Stocks Spread | 0.17 (Apple) | 0.02 |
Forex Trading | ||
FXCC offers strong forex trading conditions, presenting a key advantage to traders. During high trading periods, ECN spreads can reach as low as 0.0 pips. Supporting over 70 forex assets, FXCC outpaces most competitors with its diverse range of currency pairs. Furthermore, users can utilize the MT4 platform, which is known for its exceptional charting tools and is specifically designed for forex trading. | IC Markets offers extremely low 0.0-pip forex spreads on major currency pairs like EUR/USD, making it an ideal choice for those seeking excellent execution, which averages at 35 milliseconds. Moreover, high-volume traders can enjoy rebates up to $2.50 per forex lot. | |
| GBPUSD Spread | 0.4 | 0.23 |
| EURUSD Spread | 0.1 | 0.02 |
| EURGBP Spread | 0.4 | 0.27 |
| Assets | 70+ | 75 |
Cryptocurrency Trading | ||
FXCC has expanded its cryptocurrency offerings from under 10 to over 30. There are no restrictions on trading strategies; Expert Advisors (EAs) are allowed. Cryptos can be traded 24/7 with no commission and leverage up to 1:20. | IC Markets provides 20+ cryptocurrencies for trading through CFDs, featuring less popular tokens like Avalanche, Kusama, and Uniswap. Traders can benefit from commission-free trades and high leverage up to 1:200 on the MetaTrader platforms. | |
| Crypto Spread | Variable | BTC 42.036 |
| Crypto Coins | BTC, BCH, ETH, LTC, XMR, DASH, XRP, ALG, ATO, AVE, AVX, AXS, BNB, BSV, CKE, DOT, ENJ, FTM, LNK, MEL, MNA, MTC, SHB, SND, SNX, SOL, TRP, UNI, WAV, XTZ, YFI | BTC, BCH, DOT, DSH, EMC, EOS, ETH, LNK, LTC, NMC, PPC, XLM, XRP, ADA, BNB, DOG, UNI, XTZ |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |