Your capital is at risk. Trade only with funds you can afford to lose.
IC
#6 in our CFD broker rankings
Accepts traders from Korea
Rating breakdown
- Regulation & trust4.6same as AvaTrade (4.6)
- Assets & markets4.10.4 lower than AvaTrade (4.5)
- Fees & costs4.60.6 higher than AvaTrade (4.0)
- Platforms & tools4.00.3 lower than AvaTrade (4.3)
- Accounts & banking4.00.3 lower than AvaTrade (4.3)
- Education3.51.0 lower than AvaTrade (4.5)
- Research4.00.3 lower than AvaTrade (4.3)
- Customer support4.50.2 higher than AvaTrade (4.3)
AvaTrade’s score. Numbers show the difference.
AvaTrade
#2 in our CFD broker rankings
Accepts traders from Korea
Rating breakdown
- Regulation & trust4.6same as IC (4.6)
- Assets & markets4.50.4 higher than IC (4.1)
- Fees & costs4.00.6 lower than IC (4.6)
- Platforms & tools4.30.3 higher than IC (4.0)
- Accounts & banking4.30.3 higher than IC (4.0)
- Education4.51.0 higher than IC (3.5)
- Research4.30.3 higher than IC (4.0)
- Customer support4.30.2 lower than IC (4.5)
IC’s score. Numbers show the difference.
| IC | AvaTrade | |
|---|---|---|
| Overview | IC Markets (now IC) 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 200,000 clients from over 200 countries. | Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience. |
| Customer Reviews | Based on 3 customer reviews | Based on 7 customer reviews |
| Trustpilot Score | ||
| Promotions | – | |
| Comment by Reviewer | “IC (formerly 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.” | “AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Demo Account | Yes | Yes |
| Minimum Deposit | $200 | $100 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, FSA, SCB, CMA-Kenya | ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct) |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | Yes | No |
| DMA Account | Yes | No |
| MAM Account | Yes | Yes |
| PAMM Account | Yes | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | Yes |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | IC 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 (now just IC) is known for, right within the apps. It's a seamless trading experience that feels both professional and highly responsive. | AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that's not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that's rare to find elsewhere. |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| 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 grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy. | AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite. |
| Social Trading | Yes | Yes |
| Trade Signals | Yes | Yes |
| VPS Hosting | Yes | No |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | $50 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | 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 ensures optimal conditions for scalpers, hedgers, and algo traders alike. | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities. |
| Leverage | 1:5000 | 1:30 (Retail) 1:400 (Pro) |
| FTSE Spread | 1.0 | 0.5 |
| GBPUSD Spread | 0.23 | 1.5 |
| Oil Spread | 0.03 | 0.02 |
| Stocks Spread | 0.02 | 0.13 |
| Forex Trading | ||
| Overview | IC 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. | AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'. |
| GBPUSD Spread | 0.23 | 1.5 |
| EURUSD Spread | 0.1 | 0.9 |
| EURGBP Spread | 0.27 | 1.5 |
| Assets | 75 | 50+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | IC 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 leverage in the MetaTrader platforms. | Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a growing range of digital currencies including Bitcoin, Ethereum and Ripple, plus more unusually, a crypto index for diversified exposure. You can also access competitive crypto spreads in the broker's three platforms as well as 1:2 leverage. |
| Spread | BTC 42.036 | BTC <1%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |