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IC Markets vs 2022

Is IC Markets better than ? In our analysis of 23 international regulators across 39 brokers, IC Markets is considered average-risk, with an overall Trust Score of 86 out of 99. Learn more about Trust Score.

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Overall Rating expand_moreexpand_less IC Markets
Overall Rating starstarstarstarstar
Commissions & Fees starstarstarstarstar
Offering of Investments starstarstarstarstar
Platform & Tools starstarstarstarstar
Mobile Trading starstarstarstarstar
Research starstarstarstarstar
Education starstarstarstarstar
Trust Score 86
Regulation expand_moreexpand_less IC Markets
Trust Score 86
Year Founded 2007
Publicly Traded (Listed) No
Bank No
Tier-1 Licenses 1
Tier-2 Licenses 1
Tier-3 Licenses 1
Authorised in European Union No
Tier-1 Licenses (High Trust) expand_moreexpand_less IC Markets
ASIC Authorised (Australia) Yes
IIROC Authorised (Canada) No
SFC Authorised (Hong Kong) No
CBI Authorised (Ireland) No
FSA Authorised (Japan) No
MAS Authorised (Singapore) No
FINMA Authorised (Switzerland) No
FCA Authorised (U.K.) No
CFTC Registered (USA) No
FMA Authorised (New Zealand) No
Tier-2 Licenses (Average Trust) expand_moreexpand_less IC Markets
CBRC Authorised (China) No
CySEC Authorised (Cyprus) Yes
NSE Authorised (India) No
ISA Authorised (Israel) No
CBR Authorised (Russia) No
FSCA Authorised (South Africa) No
SEC Authorised (Thailand) No
DFSA / Central Bank Authorised (UAE) No
Tier-3 Licenses (Low Trust) expand_moreexpand_less IC Markets
SCB Authorised (Bahamas) Yes
IFSC Authorised (Belize) No
CIMA Authorised (Cayman Islands) No
BMA Authorised (Bermuda) No
FSC Authorised (British Virgin Islands) No
FSC Authorised (Mauritius) No
VFSC Authorised (Vanuatu) No
Investments expand_moreexpand_less IC Markets
Forex Trading Yes
Trading - Forex or CFDs Yes
Tradeable Symbols (Total) 3583
Forex Pairs (Total) 61
U.S. Stock Trading (Non CFD) No
Int'l Stock Trading (Non CFD) No
Social Trading / Copy Trading Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) Yes
Cost expand_moreexpand_less IC Markets
Average Spread EUR/USD - Standard 0.62 (August 2021)
All-in Cost EUR/USD - Active 0.62 (August 2021)
Active Trader or VIP Discounts Yes
Execution: Agency Broker Yes
Execution: Market Maker Yes
Funding expand_moreexpand_less IC Markets
Minimum Initial Deposit $200
Bank Wire (Deposit/Withdraw) Yes
Visa/Mastercard (Credit/Debit) Yes
PayPal (Deposit/Withdraw) Yes
Skrill (Deposit/Withdraw) Yes
Trading Platforms expand_moreexpand_less IC Markets
Proprietary Platform No
Desktop Platform (Windows) Yes
Web Platform Yes
Social Trading / Copy Trading Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
cTrader Yes
DupliTrade No
ZuluTrade Yes
Trading Tools expand_moreexpand_less IC Markets
Virtual Trading (Demo) Yes
Alerts - Basic Fields Yes
Watchlists - Total Fields 7
Charting - Indicators / Studies (Total) 30
Charting - Drawing Tools (Total) 15
Charting - Trade From Chart Yes
Charts can be saved Yes
Mobile Trading expand_moreexpand_less IC Markets
Android App Yes
Apple iOS App Yes
Mobile Alerts - Basic Fields Yes
Mobile Watchlist Yes
Watchlist Syncing No
Mobile Charting - Indicators / Studies 30
Mobile Charting - Draw Trendlines Yes
Mobile Charting - Multiple Time Frames Yes
Mobile Charting - Drawings Autosave No
Forex Calendar Yes
Research expand_moreexpand_less IC Markets
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Autochartist Yes
Trading Central (Recognia) Yes
Social Sentiment - Currency Pairs Yes
Economic Calendar Yes
Education expand_moreexpand_less IC Markets
Has Education - Forex or CFDs Yes
Client Webinars Yes
Client Webinars (Archived) Yes
Videos - Beginner Trading Videos No
Videos - Advanced Trading Videos No
Investor Dictionary (Glossary) Yes
Major Forex Pairs expand_moreexpand_less IC Markets
GBP/USD Yes
USD/JPY Yes
EUR/USD Yes
USD/CHF Yes
USD/CAD Yes
NZD/USD Yes
AUD/USD Yes
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IC Markets vs Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare IC Markets vs .

Does IC Markets or 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, IC Markets offers better pricing overall for traders.

Is IC Markets or safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. IC Markets holds 1 global Tier-1 licenses, while holds . IC Markets holds 1 global Tier-2 licenses, while holds . In our analysis of 23 international regulators across 50 brokers, IC Markets earned a higher Trust Score than .

Which trading platform is better: IC Markets or ?

To compare the trading platforms of both IC Markets and , we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IC Markets offers a better experience. With research, IC Markets offers superior market research. Finally, we found IC Markets 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

IC Markets provides traders 61 currency pairs (e.g., EUR/USD) compared to 's available pairs. Forex pairs aside, IC Markets offers traders access to 3583 CFDs while has available CFDs, a difference of 3583.

Can I trust IC Markets?

IC Markets is not publicly traded and does not operate a bank. IC Markets is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). IC Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Can I trust ?

Is IC Markets good?

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.

Is good?

Overall winner: IC Markets

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