CPT Markets vs IC Markets

CPT Markets vs IC Markets Comparison Table 2023
CPT Markets	IC Markets
Review 3	Review 4.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
CPT Markets is a London-based forex and CFD broker regulated by the FCA. Founded in 2008, this established brokerage offers trading across currencies, equities, commodities, futures and bonds with leverage up to 1:30. The broker's services are more limited than other firms, with just the MT4 platform on offer and no additional trading features.	IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced day traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand.
Comment by Reviewer
"CPT Markets will suit traders looking for a UK-regulated, no-frills online broker, or professional traders looking for institutional trading conditions. "	"IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders."
Pros
FCA-regulated with FSCS protection and negative balance protection Competitive range of 100 currency pairs, as well as futures and options Beginner and intermediate level educational resources, plus weekly research bulletins Industry renowned MT4 trading platform Easy-access demo account Fast sign-up process	Low fees for active traders with spreads from 0.0 pips and zero commissions Premium educational resources and trading tools including podcasts, forex calculators and tick charts Beginner-friendly social trading features including IC Social, Myfxbook, Zulutrade and Signal Start 15+ payment methods in 10 base currencies including PayPal and Skrill Responsive 24/7 customer support plus an extensive help centre Reliable MT4 and cTrader platforms with excellent charting packages Fast order execution speed of under 40ms High leverage up to 1:500
Cons
Wider spreads than many brokers Limited additional trading tools No live chat customer support Only one trading platform	No bonus deals for new traders Traders from the US not accepted Two-factor authentication not available for extra account security
Awards
	Best MT4/MT5 Broker 2023 - DayTrading.com Best Forex Broker 2022 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Trading App 2020 - DayTrading.com
Instruments
CFDs, futures, options	CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$100	$200
Trading Platforms
MT4	MT4 MT5 cTrader DupliTrade
Payment Methods
Credit Card Mastercard Neteller Skrill UnionPay Visa Wire Transfer	BPAY Credit Card FasaPay Giropay Mastercard Neteller PayPal POLi QIWI Rapid Transfer Skrill TransferWise UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, IFSC (Belize)	ASIC, CySEC, FSA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	Yes
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Yes	iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
No	Yes
Copy Trading Platform
	The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to Signal Start, plus popular third-party copy trading tools - ZuluTrade and Myfxbook.
Social Trading
No	No
Trade Signals
Yes	Signal Start
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD EUR GBP CAD AUD JPY CHF
Commodities
Gold Silver	Gold Oil Orange Juice Precious Metals Silver
CFD Trading
Trade CFDs across metals, energies and indices with leverage up to 1:30. Traders can access 50+ indicators and charting tools, although no other analysis tools or software are offered.	Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage.
Leverage
1:30	1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
From 1.8	1
GBPUSD Spread
From 1.8	0.5
Oil Spread
From 1.8	0.03
Stocks Spread
From 1.8	0.02
Forex Trading
There is an impressive selection of 100 forex pairs in the MT4 platform. However, spreads start from 1.8 pips for retail traders, which is not competitive vs other brokers.	Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees.
Forex App
	IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.
GBPUSD Spread
From 1.8	0.5
EURUSD Spread
From 1.8	0.1
EURGBP Spread
From 1.8	0.5
Assets
100	55+
Cryptocurrency
Crypto trading not offered	IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet.
Spread
	BTC 0.4%, ETH 1%
Coins
	BTC BCH ETH LTC DASH XRP EOS EMC NMC PPC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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