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IC Markets vs RoboForex 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of IC Markets vs RoboForex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

IC Markets
4.5/5 Stars Overall
  • Minimum Deposit: $200
  • Trust Score: 84
  • Tradeable Symbols (Total): 3583
RoboForex
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 73
  • Tradeable Symbols (Total): 8400

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

IC Markets and RoboForex are two online brokers that attract attention due to their regulatory frameworks and trust ratings. Founded in 2007, IC Markets holds two Tier-1 licenses, which are highly regarded, and carries a Trust Score of 84. Although IC Markets isn't publicly traded or a bank, its licensing bolsters user confidence. In comparison, RoboForex, established in 2009, holds one Tier-1 license and has a Trust Score of 73. Like IC Markets, RoboForex is neither publicly traded nor operates as a bank.

The difference in their Trust Scores indicates that IC Markets falls into the "trusted" category, while RoboForex resides in the "average risk" bracket, according to ForexBrokers.com. Therefore, when evaluating these brokers, potential users may consider IC Markets as moderately more secure based on its higher Trust Score and additional Tier-1 licensing.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Year Founded info 2007 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 2

Fees

For traders focused on keeping costs down, IC Markets stands out versus RoboForex on commissions and fees. IC Markets earns 5 out of 5 stars and ranks #5 of 63 brokers for this category, while RoboForex earns 3.5 out of 5 stars and ranks #56. IC Markets was also recognized as Best in Class for Commissions & Fees in the 2024 Annual Awards, thanks to its small effective spreads and low deposit requirement on commission-based accounts.

IC Markets offers three account types: the commission-free Standard account (spread only), and two commission-based options—Raw Spread (MT4/MT5) and cTrader Raw. Pricing varies by platform and by the IC Markets entity (Cyprus, Australia, Seychelles). On cTrader, the commission is $3.00 per side per 100,000 units ($6 round turn), while on MT4/MT5 it’s $3.50 per side ($7 round turn). IC Markets lists an average EUR/USD spread of 0.02 pips (Aug 2022); after commission, the all-in cost is about 0.62 pips on cTrader or 0.72 pips on MT4/MT5. The Standard account averages about 0.62 pips with no commission. High-volume traders (100+ standard lots per month) can qualify for discounts.

By comparison, RoboForex’s average EUR/USD spread of 1.3 pips on its Procent and Pro accounts is on the high side, making it less price-competitive for frequent traders than IC Markets. If minimizing spread and commission costs is your priority, IC Markets generally delivers lower all-in pricing across its Raw accounts, while still offering a competitive commission-free Standard option.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Minimum Deposit info $200 $100
Average spread (EUR/USD) - Standard account info 0.62 info 1.3 info
All-in Cost EUR/USD - Active info 0.62 info N/A
Non-wire bank transfer info No Yes
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing IC Markets vs RoboForex for range of investments: both brokers let you trade forex as CFDs or spot contracts, support copy trading, and offer cryptocurrency CFDs (but not real, delivered crypto). RoboForex lists more total instruments (about 8,400 vs 3,583 at IC Markets), while IC Markets provides more forex pairs (61 vs 28). Neither broker lets you buy U.S.-listed shares outright, though IC Markets does offer access to exchange-traded international shares, which RoboForex does not.

Both brands earn 4.5 out of 5 stars for Range of Investments from ForexBrokers.com. In the category ranking out of 63 brokers, RoboForex places #21 and IC Markets ranks #26. In short, choose RoboForex if you want the largest overall symbol list, or pick IC Markets if you value a wider selection of forex pairs and access to international exchange-traded shares.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3583 8400
Forex Pairs (Total) info 61 28
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

IC Markets vs RoboForex: both brokers check the key boxes for traders who want familiar, third‑party platforms. Each offers free demo accounts for paper trading, no proprietary platform, a Windows desktop download and a web-based platform, copy trading, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the ability to place trades directly from charts. Indicator and watchlist details vary by the MetaTrader setup you use, but the core experience—MT4/MT5 on web and desktop with copy trading—lines up closely across both brands.

Where they differ is in category standing. Both earn 4 stars for Trading Platforms and Tools, yet IC Markets ranks higher at #16 out of 63 brokers, while RoboForex sits at #44, according to ForexBrokers.com. If you want a brokerage with MetaTrader access across web and desktop plus copy trading and a free demo, either will work; if platform/tool ranking matters, IC Markets has the edge.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

IC Markets and RoboForex both offer mobile trading apps for iPhone and Android, making it easy to trade on the go. Each app supports price alerts and lets you draw trendlines on charts. One key limitation is that watchlists don’t sync between the mobile app and your online account for either broker, so edits in one place won’t automatically show up in the other.

For charting, the IC Markets mobile app and the RoboForex mobile app each include 30 technical studies, and drawings auto-save so your annotations remain when you reopen a chart. Both are rated 4 out of 5 stars for mobile trading apps. If third-party rankings matter, ForexBrokers.com places IC Markets higher (#22 of 63) than RoboForex (#44 of 63) in the Mobile Trading Apps category, which could influence your choice.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research at IC Markets and RoboForex, both brokers deliver daily market commentary, real-time forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar. For overall research quality, IC Markets holds a 4-star rating and ranks 23rd out of 63 brokers, while RoboForex is rated 3.5 stars and ranks 38th—giving IC Markets a slight edge.

In terms of tools, both offer Trading Central for technical insights. IC Markets adds Autochartist for pattern recognition and a sentiment tool that shows long/short positioning across markets. RoboForex, on the other hand, integrates Acuity Trading’s Signal Centre but lacks Autochartist and a built-in sentiment gauge. Neither broker provides TipRanks. Choose IC Markets if you value Autochartist and sentiment data; pick RoboForex if Acuity Trading signals are more important to your workflow.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info Yes Yes
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

If you’re a new forex or CFD trader comparing IC Markets vs. RoboForex for education, IC Markets is the stronger pick. IC Markets runs client webinars at least once a month and offers a sizable video library that includes at least 10 beginner videos plus at least 10 advanced videos to help you grow from basics to more complex strategies. RoboForex does not host monthly educational webinars and does not meet the 10-video threshold for beginner or advanced topics, which may limit structured learning for first-time traders.

Ratings back this up: IC Markets earns 4 stars for Education and ranks 16th out of 63 brokers on ForexBrokers.com, while RoboForex scores 3.5 stars and ranks 57th. If your priority is easy-to-follow forex and CFD education with regular webinars and a fuller set of videos for beginners, IC Markets is more likely to meet your needs.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that IC Markets is better than RoboForex. IC Markets finished with an overall rank of #20, while RoboForex finished with an overall rank of #46.

IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, IC Markets’ research and education offerings are not as impressive as those offered by industry leaders.

Feature IC Markets logoIC Markets
RoboForex logoRoboForex
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 84 73
Range of Investments 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with IC Markets or RoboForex?

IC Markets vs RoboForex: both brokers do not support buying actual delivered cryptocurrencies; however, each offers the ability to trade cryptocurrency CFDs.

What funding options does each broker offer?

IC Markets vs RoboForex: for deposits and withdrawals, both brokers support PayPal, Skrill, and bank wire transfers, but only RoboForex offers ACH/SEPA transfers, while Visa/Mastercard availability is not specified for either.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Compare

0 of 5
Overall Rating IC Markets RoboForex
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 84 73
Winner check_circle
Review IC Markets Review RoboForex Review
Broker Screenshots IC Markets RoboForex
Broker Gallery (click to expand) info
Regulation IC Markets RoboForex
Trust Score info 84 73
Year Founded info 2007 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 2
Tier-1 Licenses (Highly Trusted) IC Markets RoboForex
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) IC Markets RoboForex
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments IC Markets RoboForex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3583 8400
Forex Pairs (Total) info 61 28
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost IC Markets RoboForex
Average spread (EUR/USD) - Standard account info 0.62 info 1.3 info
All-in Cost EUR/USD - Active info 0.62 info N/A
Inactivity Fee info No Yes
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding IC Markets RoboForex
Minimum Deposit info $200 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No Yes
Trading Platforms IC Markets RoboForex
Proprietary Desktop Trading Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
Trading Tools IC Markets RoboForex
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading IC Markets RoboForex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research IC Markets RoboForex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education IC Markets RoboForex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs IC Markets RoboForex
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review IC Markets Review RoboForex Review
Overall IC Markets RoboForex
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 84 73
Winner check_circle
Review IC Markets Review RoboForex Review
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