Finq.com vs IC Markets

Finq.com vs IC Markets Comparison Table 2023
Finq.com IC Markets
WINNER
IC Markets is the better broker
3.4
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Finq.com is an online CFD trading broker offering 2100+ assets on a proprietary WebTrader terminal and MetaTrader 4.

Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.

Pros
  • Up to 1:300 leverage
  • 24/5 customer support
  • 2100+ financial instruments
  • Negative balance protection
  • Free deposits and withdrawals
  • Joining bonuses and loyalty rewards
Cons
  • No MetaTrader 5 platform
  • Limited regulatory oversight
  • Narrow range of trading tools
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
Bonus
$50 Welcome Bonus
Instruments
Shares, forex, commodities, indices, bonds, cryptocurrencies, ETFs Futures, CFD, Forex, Crypto, REITs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$100 $200
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSA ASIC, CySec, FSA
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No No
ECN Account
Yes 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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS, Android and Windows
Auto Trading
EAs (MT4) Yes, via EQUINIX NY 4
Copy Trading
No Yes
Copy Trading Platform
Based in Australia, IC Markets, is a good all-round broker for the MetaTrader suites, cTrader, ZuluTrade and Myfxbook. IC Markets has been around for over 10 years, so clients also enjoy a comprehensive range of educational tools and research.
Social Trading
No No
Trade Signals
Yes (Via Robot Feature)
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
$25 0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • INR
  • ZAR
  • CHF
  • RUB
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Finq.com offers highly leveraged CFD products on traditional financial markets.
Leverage
1:300 ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere
FTSE Spread
2.0 pts 1 pt
GBPUSD Spread<
0.20 pips 0.5 pips
Oil Spread
3.0 pips 1 pt
Stocks Spread
<0.25%
Forex Trading
Forex trading is offered on 55 pairs, with spreads from 1 pip on standard accounts and from 0.8 pips on the classic ECN account. Trade Forex on 0.0 pip spreads with one of the world's leading forex brokers - IC Markets. Great choice for serious traders. ASIC regulated.
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 0.2 pips 0.5 pips
EURUSD Spread
From 0.1 pips 0.1 pips
EURGBP Spread
From 0.2 pips 0.5 pips
Assets
55 56+
Cryptocurrency
Finq offers tight spreads on leading cryptocurrencies with 1:2 leverage. 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
From 0.8 pips BTC 0.4%, ETH 1%
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • DASH
  • 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
More Comparisons
Finq.com
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