IC Markets vs Interactive Brokers

IC Markets vs Interactive Brokers Comparison Table 2022
IC Markets Interactive Brokers
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Futures, CFD, Forex, Crypto, Volatility Index Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$200 $10000
Payment Methods
BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
0.01 Lots $100
Regulator
ASIC, CySec, FSA SEC, FCA, IIROC, SFC
Margin Trading
No Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No Yes
ECN Account
Yes 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 Yes
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
Yes, via EQUINIX NY 4 -
Trade Signals
Yes (Via Robot Feature) -
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
Leverage
1:500 1:50
FTSE Spread
1 pt 0.005% (£1 Min)
GBPUSD Spread
0.5 pips Commission (.20 pts x trade value)
Oil Spread
1 pt N/A
Stocks Spread
From 0.003 per share, variable
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.
GBPUSD Spread
0.5 pips Commission (.20 pts x trade value)
EURUSD Spread
0.1 pips Commission (.20 pts x trade value)
EURGBP Spread
0.5 pips Commission (.20 pts x trade value)
Assets
56+ 70+
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.
Spread
BTC 0.4%, ETH 1%
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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