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.
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IC Markets vs Vantage FX 2021
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 | IC Markets | Vantage FX |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| 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 |
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Year Founded |
2007 | 2009 |
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Publicly Traded (Listed) |
No | No |
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Bank |
No | No |
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Tier-1 Licenses |
1 | 2 |
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Tier-2 Licenses |
1 | 0 |
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Tier-3 Licenses |
1 | 1 |
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Authorised in the European Union |
No | Yes |
Tier-1 Licenses (High Trust)
| Feature | IC Markets | Vantage FX |
|
ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
No | No |
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SFC Authorised (Hong Kong) |
No | No |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
No | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
No | Yes |
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CFTC Registered (USA) |
No | No |
Investments
| Feature | IC Markets | Vantage FX |
|
Forex Trading |
Yes | Yes |
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CFDs (Total) |
230 | 260 |
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Forex Pairs (Total) |
61 | 44 |
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Cryptocurrency (Physical) |
No | No |
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Cryptocurrency (CFD) |
Yes | Yes |
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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) |
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All-in Cost EUR/USD - Active |
0.7 (July 2020) | 0.80 (July 2020) |
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Active Trader or VIP Discounts |
Yes | Yes |
Funding
| Feature | IC Markets | Vantage FX |
|
Minimum Initial Deposit |
$200 | $200 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | No |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | IC Markets | Vantage FX |
|
Proprietary Platform |
No | No |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
Yes | Yes |
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cTrader |
Yes | No |
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DupliTrade |
No | Yes |
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ZuluTrade |
Yes | Yes |
Trading Tools
| Feature | IC Markets | Vantage FX |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
(default MT4/MT5/cTrader) | (Default MT4) |
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Charting - Indicators / Studies (Total) |
(default MT4/MT5/cTrader) | (Default MT4) |
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Charting - Drawing Tools (Total) |
(default MT4/MT5/cTrader) | (Default MT4) |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Order Type - Trailing Stop |
Yes | Yes |
Mobile Trading
| Feature | IC Markets | Vantage FX |
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Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
No | No |
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Charting - Indicators / Studies |
(default MT4/MT5/cTrader) | (Default MT4) |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
No | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
No | No |
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Forex Calendar |
No | No |
Research
| Feature | IC Markets | Vantage FX |
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Daily Market Commentary |
Yes | No |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
No | No |
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AutoChartist |
Yes | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | No |
Education
| Feature | IC Markets | Vantage FX |
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Has Education - Forex |
Yes | Yes |
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Has Education - CFDs |
No | No |
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Client Webinars |
No | Yes |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
No | No |
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Videos - Advanced Trading Videos |
No | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | IC Markets | Vantage FX |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | No |
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AUD/USD |
No | Yes |
Overall
| Feature | IC Markets | Vantage FX |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| 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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