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IG vs ICM Capital 2019

Is ICM Capital better than IG? After assessing the best forex brokers on nearly 100 different variables, IG is better than ICM Capital. Regulated and trusted across the globe, IG offers traders an extensive list of tradable products, excellent trading and research tools, industry-leading education, and competitive rates. This fantastic all-round experience makes IG our No. 1 overall broker in 2019.
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 IG ICM Capital
Overall 4.5 3.5
IG Review ICM Capital Review
75% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature IG ICM Capital
Trust Score 99 69
Year Founded
1974 2009
Publicly Traded (Listed)
Yes No
Bank
Yes No
Tier-1 Licenses
6 1
Tier-2 Licenses
3 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature IG ICM Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
Yes No

Investments

Feature IG ICM Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
93 32
CFDs - Total Offered
17535 36
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 4.5 3
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Cost

Feature IG ICM Capital
Average Spread EUR/USD - Standard
0.7 (as of May 19) 1.3 (as of May 19)
All-in Cost EUR/USD - Active
0.363 (as of Mar 16) 0.9 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4.5 3.5
Winner check_circle

Funding

Feature IG ICM Capital
Minimum Initial Deposit
£250.00 $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No No

Trading Platforms

Feature IG ICM Capital
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No Yes

Trading Tools

Feature IG ICM Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
14 7
Charting - Indicators / Studies (Total)
28 51
Charting - Drawing Tools (Total)
19 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4.5 3
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Mobile Trading

Feature IG ICM Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
28 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4 3.5
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Research

Feature IG ICM Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes
Research 4.5 3
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Education

Feature IG ICM Capital
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 1.5
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Major Forex Pairs

Feature IG ICM Capital
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature IG ICM Capital
IG Review ICM Capital Review
Overall 4.5 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare ICM Capital vs IG.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. IG received a rating of 4.50 stars over ICM Capital's 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ICM Capital alongside IG are regulated in a major hub. IG is a publicly traded company, ICM Capital isn't. As far as how many currency pairs are available for trading, here's the answer. ICM Capital trails IG by 61 total currency pairs (for example, EUR/USD), with IG offering 93 and ICM Capital offering 32.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. ICM Capital alongside IG offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. ICM Capital offers its clients access to 31 charting tools while IG has 19 charting tools, a difference of 12. ICM Capital offers its clients access to 51 different indicators (for example, volume) while IG has 28 available indicators, a difference of 23.

ICM Capital Review
IG Review


Trading CFDs, FX, and cryptocurrencies involves 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 web site as of 02/18/2019 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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IG - 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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