Your capital is at risk. Trade only with funds you can afford to lose.
IC
#5 in our CFD broker rankings
Accepts traders from CD
Rating breakdown
- Regulation & trust4.60.1 higher than FOREX.com (4.5)
- Assets & markets4.10.1 higher than FOREX.com (4.0)
- Fees & costs4.60.4 higher than FOREX.com (4.2)
- Platforms & tools4.00.6 lower than FOREX.com (4.6)
- Accounts & banking4.0same as FOREX.com (4.0)
- Education3.50.4 lower than FOREX.com (3.9)
- Research4.00.8 lower than FOREX.com (4.8)
- Customer support4.50.6 higher than FOREX.com (3.9)
FOREX.com’s score. Numbers show the difference.
FOREX.com
Doesn't accept traders from CD. See available CFD brokers
Not available in your countryRead FOREX.com review
Rating breakdown
- Regulation & trust4.50.1 lower than IC (4.6)
- Assets & markets4.00.1 lower than IC (4.1)
- Fees & costs4.20.4 lower than IC (4.6)
- Platforms & tools4.60.6 higher than IC (4.0)
- Accounts & banking4.0same as IC (4.0)
- Education3.90.4 higher than IC (3.5)
- Research4.80.8 higher than IC (4.0)
- Customer support3.90.6 lower than IC (4.5)
IC’s score. Numbers show the difference.
| IC | FOREX.com | |
|---|---|---|
| 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. | Founded in 2001, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms. |
| Customer Reviews | Based on 3 customer reviews | Based on 5 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | – | 20% Welcome Bonus Up To $5,000 |
| 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.” | “FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $200 | $100 |
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| Payment Methods | Debit Card, Credit Card, Visa, Mastercard, Wire Transfer, Local Bank Transfer, Skrill, Neteller, PayPal, PayNow | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, FSA, SCB, CMA-Kenya | NFA, CFTC, CIRO, FCA, CySEC, ASIC, FSA, MAS, CIMA, CMA-UAE |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | Yes | Yes |
| DMA Account | Yes | Yes |
| MAM Account | Yes | No |
| PAMM Account | Yes | No |
| 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 | No |
| 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. | Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love. |
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| 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 grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy. | – |
| Social Trading | Yes | No |
| Trade Signals | Yes | – |
| 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 | $15 |
| 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. | With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders. |
| Leverage | 1:5000 | 1:400 |
| FTSE Spread | 1.0 | 1.0 |
| GBPUSD Spread | 0.23 | 1.3 |
| Oil Spread | 0.03 | 2.5 |
| Stocks Spread | 0.02 | 0.14 |
| 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. | FOREX.com continues to uphold its stature as a premier FX broker, offering 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $7 commission per $100k, it stands out. |
| GBPUSD Spread | 0.23 | 1.3 |
| EURUSD Spread | 0.1 | 1.2 |
| EURGBP Spread | 0.27 | 1.4 |
| Assets | 75 | 84 |
| 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. | You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades. |
| Spread | BTC 42.036 | BTC 1.4%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead FOREX.com review