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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AvaTrade
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IC Markets
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Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. | 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, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $300$100 | $200 |
| Trading Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Payment Methods | Boleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, 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 | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM | ASIC, CySEC, CMA, FSA |
| Account Currencies | USD, EUR, GBP, CAD, AUD | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | AvaTradeGO offers an impressive mobile trading experience with an intuitive interface. The app provides quick access to numerous markets like forex, stocks, indices, commodities, ETFs, and bonds. AvaTradeGO's AvaProtect™ feature stands out by offering a unique level of risk protection. | 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 | ✓ | ✓ |
| Margin Rate | 2% | |
| Account Types | STP, 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 | AvaTrade is highly regarded for its social and copy trading tools. Traders have access to their in-house AvaSocial app and widely-used platforms like DupliTrade and ZuluTrade. It offers detailed performance metrics for you to select the best strategy provider to match your objectives and risk tolerance. | 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 | $50 | $0 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
AvaTrade offers over 1250+ leveraged CFD products in various asset classes, such as stocks, indices, commodities, bonds, crypto, and ETFs. You can trade on both rising and falling prices using the broker’s advanced web and mobile platforms, which include top research tools for finding short-term trading opportunities. | 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 | 1:30 (Retail) 1:400 (Pro) | 1:30 (ASIC & CySEC), 1:1000 (FSA) |
| FTSE Spread | 0.5 | 1.0 |
| GBPUSD Spread | 1.5 | 0.23 |
| Oil Spread | 0.02 | 0.03 |
| Stocks Spread | 0.13 | 0.02 |
Forex Trading | ||
AvaTrade offers over 50 currency pairs with tight spreads starting from 0.9 pips and no commissions. Trade major, minor, and exotic currencies 24/5 on top forex platforms, such as MT4, with advanced charting tools and forex education to enhance your skills, including a dedicated 'Currency Trading' guide. | 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 | 1.5 | 0.23 |
| EURUSD Spread | 0.9 | 0.02 |
| EURGBP Spread | 1.5 | 0.27 |
| Assets | 50+ | 75 |
| Currency Indices | USD | |
Cryptocurrency Trading | ||
Regulated on five continents, AvaTrade provides secure access to crypto markets. It offers a variety of digital currencies like Bitcoin, Ethereum, and Ripple, and a crypto index for diversification. Competitive crypto spreads and 1:2 leverage are available on its three platforms. | 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 | BTC <1%, ETH 2% | BTC 42.036 |
| Crypto Coins | BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH | 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 | ✗ | ✗ |