IC Markets vs AdroFX
| IC Markets Review 2023 | AdroFX Review 2023 |
|---|---|
4.8
|
3.9
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
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 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. |
AdroFX is an online forex and CFD broker with a beginner-friendly copy trading platform, zero commissions and tight spreads. The mix of fiat and crypto deposit options will appeal to global traders while the choice of 8 accounts will suit different trading strategies and styles. Traders also benefit from 11.07 millisecond execution times with minimal slippage. |
| Bonus Offer | |
| 100% deposit bonus | |
| Comment by Reviewer | |
| "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." | "AdroFX is ideal for new traders with easy-to-use Allpips and MetaTrader 4 platforms, a range of accessible accounts, plus a highly rated news blog." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $25 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.0001 Lots |
| Regulator | |
| ASIC, CySEC, FSA | FSA, BSSLA, VFSC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| Yes | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | 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 popular third-party copy trading tools - ZuluTrade and Myfxbook. | Use the Allpips platform to copy the trades of successful investors. Thousands of traders have joined the social trading community and new users can get started with a $100 deposit. |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes (Via Robot Feature) | Yes - Smart Signals |
| 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 | $5 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage. | AdroFX offers a good suite of CFDs on stocks, cryptos, indices and commodities, with high leverage up to 1:500. CFD trading is done through the reliable MT4 platform, while a separate Allpips platform is available for copy trading. |
| Leverage | |
| 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | 1:500 |
| FTSE Spread | |
| 1 | From 9.0 |
| GBPUSD Spread | |
| 0.5 | From 0.5 |
| Oil Spread | |
| 0.03 | N/A |
| Stocks Spread | |
| 0.02 | From 3.0 |
| Forex Trading | |
| 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. | AdroFX has a good forex offering of more than 60 pairs, which can be traded with up to 1:500 leverage via the MT4 platform or copy-traded with Allpips. The broker also offers very tight spreads starting from 0.4 pips and charges no commission. |
| 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 | |
| 0.5 | From 0.5 |
| EURUSD Spread | |
| 0.1 | From 0.4 |
| EURGBP Spread | |
| 0.5 | From 1.5 |
| Assets | |
| 55+ | 60+ |
| Cryptocurrency | |
| 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. | AdroFX traders can access a narrow range of four crypto CFDs. This broker does not work as an exchange or wallet, meaning that only derivatives trading and not ownership of crypto assets is available. |
| Spread | |
| BTC 0.4%, ETH 1% | From 3.0 |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
IC Markets vs |
AdroFX vs |