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FXDD vs ICM Capital 2019

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Is FXDD better than ICM Capital? After assessing forex brokers on nearly 100 different variables, FXDD is better than ICM Capital. Despite a competitive social copy trading offering, FXDD’s regulatory footprint is weaker than most EU firms and the broker’s overall trading experience, including research, fails to impress.

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 FXDD ICM Capital
Overall 3.5 3.5
FXDD Review ICM Capital Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature FXDD ICM Capital
Trust Score 68 60
Year Founded
2002 2009
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
0 0
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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

Tier-2 Licenses

Feature FXDD ICM Capital
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature FXDD ICM Capital
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature FXDD ICM Capital
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
54 32
CFDs - Total Offered
34 36
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 2.5 3
Winner check_circle

Cost

Feature FXDD ICM Capital
Average Spread EUR/USD - Standard
N/A 1.3 (as of May 19)
All-in Cost EUR/USD - Active
1.29 (as of Sep 18) 0.9 (as of May 19)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 4 3.5
Winner check_circle

Funding

Feature FXDD ICM Capital
Minimum Initial Deposit
$0.00 $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes No
UnionPay (Deposit/Withdraw)
No No

Trading Platforms

Feature FXDD 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)
No No
cTrader
No Yes

Trading Tools

Feature FXDD 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
Winner check_circle

Mobile Trading

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

Education

Feature FXDD ICM Capital
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
No No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
No No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes Yes
Tutorials/Guide (PDF or Interactive)
Yes No
Education 3.5 1.5
Winner check_circle

Major Forex Pairs

Feature FXDD ICM Capital
GBPUSD (or USDGBP)
Yes Yes
USDJPY (or JPYUSD)
Yes Yes
EURUSD (or USDEUR)
Yes Yes
USDCHF (or CHFUSD)
Yes Yes
USDCAD (or CADUSD)
Yes Yes
NZDUSD (or USDNZD)
Yes Yes
AUDUSD (or USDAUD)
Yes Yes
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature FXDD ICM Capital
FXDD Review ICM Capital Review
Overall 3.5 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare FXDD vs ICM Capital.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. FXDD is a better option with a 4.00 star rating over ICM Capital's 3.50 star rating.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXDD and ICM Capital both are regulated in a major hub. FXDD is a publicly traded company, ICM Capital isn't. As far as how many currency pairs are available for trading, here's the answer. ICM Capital trails FXDD by 22 total currency pairs (for example, EUR/USD), with FXDD offering 54 and ICM Capital offering 32.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. FXDD alongside ICM Capital offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. FXDD and ICM Capital offer the same number of charting tools, 31. FXDD and ICM Capital offer the same number of indicators (eg, volume), 51.

FXDD 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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