IC Markets vs Expert Option

IC Markets vs Expert Option Comparison Table 2023
IC Markets	Expert Option
Review 4.8	Review 3.5
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.	ExpertOption offers digital trading on forex, cryptocurrencies, commodities, indices and stocks. The user-friendly trading platform is ideal for beginners and novice investors.
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."
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
Cons
No bonus deals for new traders Traders from the US not accepted Two-factor authentication not available for extra account security
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
Instruments
Futures, CFD, Forex, Crypto, REITs, Volatility Index	Options, stocks, commodities, forex, crypto, futures,
Demo Account
Yes	Yes
Minimum Deposit
$200	$10
Payment Methods
BPAY Credit Card FasaPay Giropay Mastercard Neteller PayPal POLi QIWI Rapid Transfer Skrill UnionPay Visa Wire Transfer	Bitcoin Payments FasaPay Flutterwave M-Pesa Maestro Mastercard Neteller Perfect Money QIWI Skrill UnionPay Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 Lots	$/€1
Regulator
ASIC, CySec, FSA	SVGFSA
Margin Trading
No	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
Yes	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android and Windows	iOS and Android
Auto Trading
Yes, via EQUINIX NY 4	ExpertBot
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.	You can study and copy the positions of established VIPs to increase potential returns
Social Trading
No	Yes
Trade Signals
Yes (Via Robot Feature)	Only for Platinum and Exclusive accounts
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
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR TRY SEK NOK DKK CHF HKD SGD RUB PLN CZK AED
Stock Exchanges
Deutsche Boerse London Stock Exchange SIX Swiss Exchange
Commodities
Gold Oil Orange Juice Precious Metals Silver	Gold Platinum Silver
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.	CFD trading not offered
Leverage
ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere
FTSE Spread
1 pt
GBPUSD Spread
0.5 pips
Oil Spread
1 pt
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.	Trade some of the most popular forex pairs with leverage up to 1:30
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 pips	$5 on any winning trades + 5% on payouts
EURUSD Spread
0.1 pips	$5 on any winning trades + 5% on payouts
EURGBP Spread
0.5 pips	$5 on any winning trades + 5% on payouts
Assets
56+	6
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.	Trade three of the biggest cryptocurrencies.
Spread
BTC 0.4%, ETH 1%	$5 on any winning trades
Coins
BTC BCH ETH LTC DASH XRP EOS EMC NMC PPC	BTC BCH ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades.
Payout
	95%
Expiry Times
	60 seconds - 5 minutes
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
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