Is IC Markets better than Vantage FX ? In our analysis of 23 international regulators across 50 brokers, IC Markets is considered average-risk, with an overall Trust Score of 85 out of 99. Vantage FX is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.
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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 | |
| 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 |
|
Bank |
No | No |
|
Tier-1 Licenses |
1 | 2 |
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Tier-2 Licenses |
1 | 0 |
|
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 |
|
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 |
Tier-2 Licenses (Average Trust)
| Feature | IC Markets | Vantage FX |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
Yes | No |
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CBI Authorised (Ireland) |
No | No |
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ISA Authorised (Israel) |
No | No |
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FMA Authorised (New Zealand) |
No | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
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SEC Authorised (Thailand) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | IC Markets | Vantage FX |
| SCB Authorised (Bahamas) | Yes | No |
| IFSC Authorised (Belize) | No | No |
| BMA Authorised (Bermuda) | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
Investments
| Feature | IC Markets | Vantage FX |
|
Forex Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
3583 | 257 |
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Forex Pairs (Total) |
61 | 44 |
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US Stock Trading (Non CFD) |
No | No |
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Int'l Stock Trading (Non CFD) |
No | No |
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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 |
0.62 (August 2021) | 1.1 (April 2021) |
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All-in Cost EUR/USD - Active |
0.8 (August 2021) | 0.68 (April 2021) |
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Active Trader or VIP Discounts |
Yes | Yes |
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Execution: Agency Broker |
Yes | Yes |
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Execution: Market Maker |
Yes | Yes |
Funding
| Feature | IC Markets | Vantage FX |
|
Minimum Deposit |
$200 | $200 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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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 | Yes |
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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) | MetaTrader (Default) |
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Charting - Indicators / Studies (Total) |
(Default MT4/MT5/cTrader) | MetaTrader (Default) |
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Charting - Drawing Tools (Total) |
(Default MT4/MT5/cTrader) | MetaTrader (Default) |
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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 |
|
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) | MetaTrader (Default) |
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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 | Yes |
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Forex Calendar |
No | Yes |
Research
| Feature | IC Markets | Vantage FX |
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Daily Market Commentary |
Yes | Yes |
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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 | Yes |
Education
| Feature | IC Markets | Vantage FX |
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Has Education - Forex or CFDs |
Yes | Yes |
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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 | Yes |
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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. In our analysis of 23 international regulators across 50 brokers, IC Markets earned a higher Trust Score than Vantage FX .
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, IC Markets offers traders access to 3583 CFDs while Vantage FX has 257 available CFDs, a difference of 3,326.
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 Vantage FX ?
Vantage FX is not publicly traded and does not operate a bank. Vantage FX is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). Vantage FX is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is IC Markets good?
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.
Is Vantage FX good?
While offering forex and CFD traders the MetaTrader platform suite, multiple social trading platforms, and a proprietary mobile app, Vantage FX trails industry leaders in key areas, including mobile apps, research, and education.
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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