IC Markets vs ICE FX

IC Markets vs ICE FX Comparison Table 2023
IC Markets Review 2023	ICE FX Review 2023
Review 4.8	Review 2 ICE FX is #13 in our CFD broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US 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.	ICE FX is a global STP broker with access to MetaTrader 4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies. The offshore brokerage offers competitive trading fees, 24/5 customer support and a loyalty scheme for active investors.
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."	"ICE FX will serve traders looking to trade popular fiat currencies and cryptocurrencies on the MetaTrader 4 platform. The PAMM/MAM solution will also appeal to hands-off investors."
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	Tier-based loyalty scheme with access to a free VPS and interest rate payments on uninvested balances Access to the MT4 desktop, web and mobile platform with powerful analysis and customizable charting Low fees with tight spreads from 0 pips, commissions between 0.0025% and 0.25% Reliable customer support available 24/5 via phone, live chat, Skype and email Hybrid PAMM/MAM account with low commission fees from 0.004% Range of payment methods including cryptocurrency Fast STP execution speeds of less than 1 ms
Cons
No bonus deals for new traders Traders from the US not accepted Two-factor authentication not available for extra account security	Offshore regulation from the Labuan Financial Services Authority (Labuan FSA) raises safety concerns Very slim product portfolio with only 75 instruments and no stocks No education for beginners
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
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto	CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$200	$30
Trading Platforms
MT4 MT5 cTrader DupliTrade	MT4
Payment Methods
BPAY Credit Card FasaPay Giropay Mastercard Neteller PayPal POLi QIWI Rapid Transfer Skrill TransferWise UnionPay Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, FSA	Labuan FSA
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
Yes	Yes
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 & Windows	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
Yes	No
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.
Social Trading
No	No
Trade Signals
Yes (Via Robot Feature)
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
Commodities
Gold Oil Orange Juice Precious Metals 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.	75 CFDs are available on foreign exchange, UK and US oil, precious metals and cryptocurrencies. You can trade CFDs with STP execution and a low minimum order size of 0.01 lots.
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)	1:300
FTSE Spread
1	N/A
GBPUSD Spread
0.5	1.0
Oil Spread
0.03	0.5
Stocks Spread
0.02	N/A
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 36 major, minor and exotic currency pairs with ICE FX. Leverage up to 1:300 is available and spreads start from 0.0 pips on popular currency pairs.
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	1.0
EURUSD Spread
0.1	0.8
EURGBP Spread
0.5	1.3
Assets
55+	36
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 five crypto CFD contracts 24/7 including the BTC/USD and ETH/USD. Leverage up to 1:10 is available alongside floating spreads. On the downside, the range of digital currencies trails the top crypto brokers.
Spread
BTC 0.4%, ETH 1%	Floating
Coins
BTC BCH ETH LTC DASH XRP EOS EMC NMC PPC	BCH BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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