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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IC Markets
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IC Trading
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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. | IC Trading, a component of the larger IC Markets group, is designed for high-level traders. It offers favorable spreads, dependable order execution, and sophisticated trading instruments. However, it's registered in Mauritius, an offshore financial center with limited regulation, which allows it to provide high leverage. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $200 | $200 |
| Trading Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | MT4, MT5, cTrader, AutoChartist, TradingCentral |
| Payment Methods | BPAY, Credit Card, Klarna, Mastercard, Neteller, PayPal, POLi, Rapid Transfer, SafeCharge, Skrill, Swift, UnionPay, Visa, Wire Transfer | Credit Card, Debit Card, Mastercard, Neteller, PayPal, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, CMA, FSA | FSC |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | 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. | IC Trading offers a selection of powerful apps for trading on different devices. While there's no proprietary app, MetaTrader 4/5 and cTrader apps are available for mobile use. These reliable apps provide advanced charting tools, enable quick trade execution, and allow for thorough market analysis on the go. |
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| Margin Trading | ✓ | ✓ |
| Account Types | ECN, DMA, MAM, PAMM | ECN |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | ✓ | ✗ |
| Copy Trading Platform | 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 | $0 | |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
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. | IC Trading is a CFD trading company with more than 2,250 assets in markets like forex, commodities, indices, stocks, and bonds. By using profound liquidity and innovative bridge technology, the firm offers outstanding trading conditions for traders seeking leveraged derivatives. | |
| Leverage | 1:30 (ASIC & CySEC), 1:1000 (FSA) | 1:500 |
| FTSE Spread | 1.0 | 2.133 |
| GBPUSD Spread | 0.23 | 0.23 |
| Oil Spread | 0.03 | 0.028 |
| Stocks Spread | 0.02 | Variable |
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. | IC Trading offers competitive forex spreads across more than 60 currency pairs, especially on important assets such as EUR/USD. This makes it a great choice for forex traders looking for excellent pricing and fast execution. Traders with high volumes can also benefit, with rebates of up to $2.50 per forex lot. | |
| GBPUSD Spread | 0.23 | 0.2 |
| EURUSD Spread | 0.02 | 0.1 |
| EURGBP Spread | 0.27 | 0.3 |
| Assets | 75 | 60+ |
Cryptocurrency Trading | ||
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. | You can trade more than 20 top cryptocurrencies with a leverage of up to 1:200 every day of the week. However, direct trading of assets such as buying Bitcoin or Ethereum is not supported. This platform's range of tokens is less extensive than Eightcap, our 'Best Crypto Broker' award winner, which provides over 100 crypto derivatives. | |
| Crypto Spread | BTC 42.036 | Floating |
| Crypto Coins | BTC, BCH, DOT, DSH, EMC, EOS, ETH, LNK, LTC, NMC, PPC, XLM, XRP, ADA, BNB, DOG, UNI, XTZ | BTC, ETH, DSH, LTC, BCH, XRP, EOS, EMC, NMC, PPC, DOT, XLM, LINK, DOGE, XTZ, UNI, ADA, BNB, AVAX, LUNA, MATIC, GLMR, KSM |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |