Your capital is at risk. Trade only with funds you can afford to lose.
IC
#5 in our CFD broker rankings
Accepts traders from CR
Rating breakdown
- Regulation & trust4.60.8 higher than Global Prime (3.8)
- Assets & markets4.11.3 higher than Global Prime (2.8)
- Fees & costs4.61.1 higher than Global Prime (3.5)
- Platforms & tools4.00.2 higher than Global Prime (3.8)
- Accounts & banking4.00.5 higher than Global Prime (3.5)
- Education3.51.0 higher than Global Prime (2.5)
- Research4.00.2 higher than Global Prime (3.8)
- Customer support4.51.0 higher than Global Prime (3.5)
Global Prime’s score. Numbers show the difference.
Global Prime
#58 in our CFD broker rankings
Accepts traders from CR
Rating breakdown
- Regulation & trust3.80.8 lower than IC (4.6)
- Assets & markets2.81.3 lower than IC (4.1)
- Fees & costs3.51.1 lower than IC (4.6)
- Platforms & tools3.80.2 lower than IC (4.0)
- Accounts & banking3.50.5 lower than IC (4.0)
- Education2.51.0 lower than IC (3.5)
- Research3.80.2 lower than IC (4.0)
- Customer support3.51.0 lower than IC (4.5)
IC’s score. Numbers show the difference.
| IC | Global Prime | |
|---|---|---|
| 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. | Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with no minimum deposit and trade with leverage that varies depending on your region. The firm also has a high trust score and a good reputation with a license from the ASIC. |
| Customer Reviews | Based on 3 customer reviews | Based on 3 customer reviews |
| Trustpilot Score | ||
| 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.” | “Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | Forex, indices, commodities, cryptocurrencies, shares, bonds |
| Demo Account | Yes | Yes |
| Minimum Deposit | $200 | $0 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, FSA, SCB, CMA-Kenya | ASIC, VFSC |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | Yes | Yes |
| DMA Account | Yes | No |
| 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 | No |
| 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. | – |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Yes |
| 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. | Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. |
| Social Trading | Yes | Yes |
| 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 | – |
| Islamic Account | Yes | No |
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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. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
| Leverage | 1:5000 | 1:500 (global), 1:30 (Australia) |
| FTSE Spread | 1.0 | 0.84 |
| GBPUSD Spread | 0.23 | 0.64 |
| Oil Spread | 0.03 | 1.6 |
| Stocks Spread | 0.02 | Variable |
| 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. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
| GBPUSD Spread | 0.23 | 0.75 |
| EURUSD Spread | 0.1 | 0.16 |
| EURGBP Spread | 0.27 | 0.85 |
| Assets | 75 | 48 |
| 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. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
| Spread | BTC 42.036 | Floating |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |