IC Markets vs FxNet

IC Markets vs FxNet Comparison Table 2022
IC Markets FxNet
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Futures, CFD, Forex, Crypto, Volatility Index Forex, CFDs, indices, shares, energies, metals, bonds
Demo Account
Yes Yes
Minimum Deposit
$200 $50
Payment Methods
BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money JCB Card, Neteller, Skrill, Visa
Minimum Trade
0.01 Lots 0.01 lots
Regulator
ASIC, CySec, FSA IFSC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes 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 -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Yes, via EQUINIX NY 4 -
Trade Signals
Yes (Via Robot Feature) -
VPS Hosting
Yes -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF -
CFD
Leveraged CFD trading is available across several markets.
Leverage
1:500 1:500
FTSE Spread
1 pt 160
GBPUSD Spread
0.5 pips 2.1
Oil Spread
1 pt 12
Stocks Spread
Floating
Forex
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. Great choice for serious traders. ASIC regulated. Trade 50+ global currency pairs with up to 1:500 leverage.
GBPUSD Spread
0.5 pips 2.1
EURUSD Spread
0.1 pips 1.8
EURGBP Spread
0.5 pips 2.2
Assets
56+ 51
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. Crypto trading not offered
Spread
BTC 0.4%, ETH 1%
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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