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IC Markets vs Vantage FX 2021

Is IC Markets better than Vantage FX ? After testing 27 of the best forex brokers over five months, IC Markets is better than Vantage FX . IC Markets caters exceptionally-well to algorithmic traders through its commission-based accounts. That said, the range of markets, and research materials offered by IC Markets are not as impressive.


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 IC Markets Vantage FX
Overall 4 3.5
Commissions & Fees 4.5 4
Offering of Investments 3.5 3.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 3.5
Education 3.5 3
Trust Score 85 79
IC Markets Review Vantage FX Review
Winner check_circle
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature IC Markets Vantage FX
Trust Score 85 79
Year Founded
2007 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
1 0
Tier-3 Licenses
1 1
Authorised in the European Union
No Yes

Tier-1 Licenses (High Trust)

Feature IC Markets Vantage FX
ASIC Authorised (Australia)
Yes Yes
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

Investments

Feature IC Markets Vantage FX
Forex Trading
Yes Yes
CFDs (Total)
230 260
Forex Pairs (Total)
61 44
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature IC Markets Vantage FX
Average Spread EUR/USD - Standard
0.8 (July 2020) 1.35 (July 2020)
All-in Cost EUR/USD - Active
0.7 (July 2020) 0.80 (July 2020)
Active Trader or VIP Discounts
Yes Yes

Funding

Feature IC Markets Vantage FX
Minimum Initial Deposit
$200 $200
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature IC Markets Vantage FX
Proprietary Platform
No No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
Yes No
DupliTrade
No Yes
ZuluTrade
Yes Yes

Trading Tools

Feature IC Markets Vantage FX
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
(default MT4/MT5/cTrader) (Default MT4)
Charting - Indicators / Studies (Total)
(default MT4/MT5/cTrader) (Default MT4)
Charting - Drawing Tools (Total)
(default MT4/MT5/cTrader) (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature IC Markets Vantage FX
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
(default MT4/MT5/cTrader) (Default MT4)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

Feature IC Markets Vantage FX
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No No
AutoChartist
Yes No
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes No

Education

Feature IC Markets Vantage FX
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
No Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
No No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature IC Markets Vantage FX
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes No
AUD/USD
No Yes

Overall

Feature IC Markets Vantage FX
Overall 4 3.5
Commissions & Fees 4.5 4
Offering of Investments 3.5 3.5
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 3.5
Education 3.5 3
Trust Score 85 79
IC Markets Review Vantage FX Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare IC Markets vs Vantage FX .

Does IC Markets or Vantage FX 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 Vantage FX 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. Vantage FX holds 2 global Tier-1 licenses, while IC Markets holds 1. IC Markets holds 1 global Tier-2 licenses, while Vantage FX holds 0. All regulators considered, IC Markets has a Trust Score of 85.00, while Vantage FX 's Trust Score is 79.00.

Which trading platform is better: IC Markets or Vantage FX ?
To compare the trading platforms of both IC Markets and Vantage FX , we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IC Markets offers a better experience. With research, Vantage FX 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. IC Markets and Vantage FX both offer copy trading. Both IC Markets and Vantage FX 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 Vantage FX 's 44 available pairs. Forex pairs aside, Vantage FX offers traders access to 260 CFDs while IC Markets has 230 available CFDs, a difference of 30.

Overall winner: IC Markets

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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 website as of 12/14/2020 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.

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