IC Markets vs Admiral Markets

IC Markets vs Admiral Markets Comparison Table 2024
IC Markets	Admiral Markets
Review 4.8	Review 3.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.	Admirals is a multi-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
	Forex & CFDs are complex products, not suitable for everyone, and come with the 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.
Customer Reviews
4 Based on 2 IC Markets customer reviews	5 Based on 1 Admiral Markets customer reviews
Comment by Reviewer
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."	"Admirals is a good pick for novice-to-intermediate traders that want a trustworthy, regulated broker with access to a wide range of markets with tight spreads and no commission."
Pros
IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders. As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally. IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues. You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.	Low minimum deposit from $100 MetaTrader 4 platform and app integration Full range of investments including cryptos and spread betting Demo account to test the broker before real-money trading Admirals is a multi-regulated broker with a long list of industry awards and accolades Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners
Cons
While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes. The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners. There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals. Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind. Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.	Monthly inactivity fee US traders not accepted The demo account expires after 30 days
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	Best Education & Training (Germany) - 2020 Best Forex Broker (Spain) - 2020 Best Forex Company - 2019
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting
Demo Account
Yes	Yes
Minimum Deposit
$200	$100
Trading Platforms
MT4 MT5 cTrader TradingView TradingCentral DupliTrade	MT4 MT5 TradingCentral
Payment Methods
BPAY Credit Card Klarna Mastercard Neteller PayPal POLi Rapid Transfer SafeCharge Skrill Swift UnionPay Visa Wire Transfer	Credit Card iDeal Klarna Mastercard Neteller PayPal POLi Skrill Sofort Swift Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, FSA, CMA	FCA, CySEC, ASIC, JSC, CMA, CIRO, AFM
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
Yes	No
DMA Account
Yes	Yes
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	Yes
App Review
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They 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. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.
Android App Rating
4.2
iOS App Rating
3.1
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC Markets grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy.
Social Trading
Yes	Yes
Trade Signals
Signal Start	Yes (MetaQuotes)
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP SEK CHF CZK
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq New York Stock Exchange Russell 2000 S&P 500	Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Nasdaq Nasdaq Nordic & Baltics Shanghai Stock Exchange SIX Swiss Exchange
Commodities
Cocoa Coffee Corn Gold Natural Gas Oil Orange Juice Silver Soybeans Sugar Wheat	Cocoa Copper Cotton Gold Lithium Natural Gas Nickel Orange Juice Platinum Silver Sugar
CFD Trading
You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC Markets ensures optimal conditions for scalpers, hedgers, and algo traders alike.	Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs.
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)	1:30 (EU), 1:500 (Global)
FTSE Spread
1.0	0.8
GBPUSD Spread
0.23	1.3
Oil Spread
0.03	0.03
Stocks Spread
0.02	0.5
Forex Trading
IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot.	Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading.
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
0.23	1
EURUSD Spread
0.02	0.6
EURGBP Spread
0.27	1
Assets
75	50
Currency Indices
	USD
Cryptocurrency
IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms.	Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.
Spread
BTC 42.036	1%
Coins
BTC BCH DOT DSH EMC EOS ETH LNK LTC NMC PPC XLM XRP ADA BNB DOG UNI XTZ	BTC BCH DSH EOS ETC ETH LTC XLM XMR XRP ZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	Forex & CFDs are complex products, not suitable for everyone, and come with the 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.