IC Markets vs AdroFX

IC Markets vs AdroFX Comparison Table 2023
IC Markets Review 2023 AdroFX Review 2023
4.8
3.9
United States Flag Traders from US not accepted
United States Flag 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
  • Low fees 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 and Zulutrade
  • 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 and mobile apps
  • Fast order execution speed of under 40ms
  • High leverage up to 1:500
  • Allpips copy trading platform suitable for new traders
  • Low minimum deposit with multiple global funding methods
  • A demo account plus free education through videos and ebooks
  • Full range of instruments including CFDs with leverage up to 1:500
  • MetaTrader 4 integration with desktop and mobile trading functionality
Cons
  • No bonus deals for new traders
  • Traders from the US not accepted
  • Two-factor authentication not available for extra account security
  • Weak regulatory oversight compared to alternatives
  • Withdrawal charges on several payment options
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 STP/ECN Broker
  • Most Innovative Broker
  • Fastest Growing Forex Broker Europe
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
  • MT4
  • MT5
  • cTrader
  • DupliTrade
  • MT4
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
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
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
IC Markets
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AdroFX
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