Is ADSS better than IC Markets? After testing 30 of the best forex brokers over five months, ADSS is better than IC Markets. While ADSS markets its proprietary OREX trading platform alongside MetaTrader, we found the broker to be underwhelming. Customer service quality is terrible, and ADSS trails industry leaders in key areas, including trading tools and research.
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure
ADSS vs IC Markets 2020
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
|
|
|
Overall Rating
| Feature | ADSS | IC Markets |
| Overall | ||
| ADSS Review | IC Markets Review | |
| 74-89% of retail CFD accounts lose money | 74-89% of retail CFD accounts lose money |
Regulation
| Feature | ADSS | IC Markets |
| Trust Score | 89 | 78 |
|
Year Founded |
2011 | 2007 |
|
Publicly Traded (Listed) |
No | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
2 | 1 |
|
Tier-2 Licenses |
1 | 1 |
|
Tier-3 Licenses |
0 | 1 |
|
Authorised in the European Union |
Yes | No |
Tier-1 Licenses
| Feature | ADSS | IC Markets |
|
ASIC Authorised (Australia) |
No | Yes |
|
IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
Yes | No |
|
FSA Authorised (Japan) |
No | No |
|
MAS Authorised (Singapore) |
No | No |
|
FINMA Authorised (Switzerland) |
No | No |
|
FCA Authorised (UK) |
Yes | No |
|
CFTC Registered (USA) |
No | No |
Investments
| Feature | ADSS | IC Markets |
|
Forex: Spot Trading |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
Currency Pairs (Total Forex pairs) |
56 | 61 |
|
CFDs - Total Offered |
2200 | 230 |
|
Cryptocurrency traded as actual |
No | No |
|
Cryptocurrency traded as CFD |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | ADSS | IC Markets |
|
Average Spread EUR/USD - Standard |
1 | 0.8 (July 2020) |
|
All-in Cost EUR/USD - Active |
N/A | 0.7 (July 2020) |
|
Active Trader or VIP Discounts |
Yes | Yes |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | ADSS | IC Markets |
|
Minimum Initial Deposit |
£100 | $200 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
|
PayPal (Deposit/Withdraw) |
No | Yes |
|
Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | ADSS | IC Markets |
|
Proprietary Platform |
Yes | No |
|
Desktop Platform (Windows) |
Yes | Yes |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | Yes |
|
MetaTrader 5 (MT5) |
No | Yes |
|
cTrader |
No | Yes |
Trading Tools
| Feature | ADSS | IC Markets |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
(Default MT4) | (default MT4/MT5/cTrader) |
|
Charting - Indicators / Studies (Total) |
(Default MT4) 116 in Orex | (default MT4/MT5/cTrader) |
|
Charting - Drawing Tools (Total) |
(Default MT4) 35 in Orex | (default MT4/MT5/cTrader) |
|
Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | ADSS | IC Markets |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Trading - Forex |
Yes | Yes |
|
Trading - CFDs |
Yes | Yes |
|
Alerts - Basic Fields |
No | Yes |
|
Watch List |
Yes | Yes |
|
Watch List Syncing |
No | No |
|
Charting - Indicators / Studies |
63 | (default MT4/MT5/cTrader) |
|
Charting - Draw Trend Lines |
Yes | Yes |
|
Charting - Trend Lines Moveable |
Yes | No |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
No | No |
|
Forex Calendar |
Yes | No |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | ADSS | IC Markets |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | Yes |
|
Weekly Webinars |
No | No |
|
AutoChartist |
Yes | Yes |
|
Trading Central (Recognia) |
No | Yes |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
Yes | Yes |
|
Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | ADSS | IC Markets |
|
Has Education - Forex |
Yes | Yes |
|
Has Education - CFDs |
No | No |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
No | Yes |
|
Videos - Beginner Trading Videos |
Yes | No |
|
Videos - Advanced Trading Videos |
No | No |
|
Investor Dictionary (Glossary) |
Yes | Yes |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | ADSS | IC Markets |
|
GBP/USD |
Yes | Yes |
|
USD/JPY |
Yes | Yes |
|
EUR/USD |
Yes | Yes |
|
USD/CHF |
Yes | Yes |
|
USD/CAD |
Yes | Yes |
|
NZD/USD |
Yes | Yes |
|
AUD/USD |
Yes | No |
Overall
| Feature | ADSS | IC Markets |
| ADSS Review | IC Markets Review | |
| Overall | ||
| Winner | check_circle |
Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare ADSS vs IC Markets.
Does ADSS or IC Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ADSS offers better pricing overall for traders.
Is ADSS or IC Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. ADSS holds 2 global Tier-1 licenses, while IC Markets holds 1. Both ADSS and IC Markets hold 1 global Tier-2 licenses. All regulators considered, ADSS has a Trust Score of 89.00, while IC Markets's Trust Score is 78.00.
Which trading platform is better: ADSS or IC Markets?
To compare the trading platforms of both ADSS and IC Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, ADSS offers a better experience. With research, ADSS offers superior market research. Finally, we found ADSS to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. ADSS and IC Markets both offer copy trading. Both ADSS and IC Markets offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
IC Markets provides traders 61 currency pairs (e.g., EUR/USD) compared to ADSS's 56 available pairs. Forex pairs aside, ADSS offers traders access to 2200 CFDs while IC Markets has 230 available CFDs, a difference of 1,970.
Overall, between ADSS and IC Markets, ADSS is the better forex broker.
ADSS ReviewIC Markets Review
Related Comparisons
- ADSS vs. CMC Markets
- ADSS vs. IG
- ADSS vs. Saxo Bank
- IC Markets vs. CMC Markets
- IC Markets vs. IG
- IC Markets vs. Saxo Bank
Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.
