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AvaTrade vs ICM Capital 2019

Is AvaTrade better than ICM Capital? After scoring forex brokers on nearly 100 different variables, AvaTrade is better than ICM Capital. AvaTrade provides multiple platforms for automated and social copy trading. It also offers forex options, in addition to spot CFDs (cryptocurrency included) across multiple markets via its entities regulated in major and emerging financial hubs.
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.

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Overall Rating

Feature AvaTrade ICM Capital
Overall 3 3.5
AvaTrade Review ICM Capital Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature AvaTrade ICM Capital
Trust Score 82 69
Year Founded
2006 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
1 0
Tier-3 Licenses
2 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature AvaTrade ICM Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No No

Investments

Feature AvaTrade ICM Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
60 32
CFDs - Total Offered
221 36
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 3 3
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Cost

Feature AvaTrade ICM Capital
Average Spread EUR/USD - Standard
1.3 (Sep 19) 1.3 (as of May 19)
All-in Cost EUR/USD - Active
N/A 0.9 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 3.5 3.5
Winner check_circle

Funding

Feature AvaTrade ICM Capital
Minimum Initial Deposit
$100.00 $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature AvaTrade ICM Capital
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes No
cTrader
No Yes

Trading Tools

Feature AvaTrade ICM Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 3
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Mobile Trading

Feature AvaTrade ICM Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
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
No No
Mobile Trading 3 3.5
Winner check_circle

Research

Feature AvaTrade ICM Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No Yes
Weekly Webinars
No No
AutoChartist
Yes No
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3 3
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Education

Feature AvaTrade ICM Capital
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
No No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 1.5
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Major Forex Pairs

Feature AvaTrade ICM Capital
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 Yes

Overall

Feature AvaTrade ICM Capital
AvaTrade Review ICM Capital Review
Overall 3 3.5
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare AvaTrade vs ICM Capital.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Both AvaTrade and ICM Capital are rated 3.50 stars.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. AvaTrade and ICM Capital both are regulated in a major hub. AvaTrade nor ICM Capital are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. ICM Capital trails AvaTrade by 28 total currency pairs (for example, EUR/USD), with AvaTrade offering 60 and ICM Capital offering 32.

To round out our comparison of AvaTrade vs ICM Capital, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. AvaTrade alongside ICM Capital offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. AvaTrade and ICM Capital offer the same number of charting tools, 31. Both AvaTrade and ICM Capital provide clients with access to 51 total indicators (eg, moving averages).

AvaTrade Review
ICM Capital Review


Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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.

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