IC Markets vs Interactive Investor

IC Markets vs Interactive Investor Comparison Table 2023
IC Markets Review 2023	Interactive Investor Review 2023
Review 4.8	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not 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.	Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
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."	"Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
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	FCA-regulated No minimum deposit 40,000+ stocks and shares Excellent market research User-friendly investment app Low fixed fees for large portfolios Multiple payment methods including bank cards Highly rated and trusted by 400,000 investors Less than 1 minute average wait time for customer support
Cons
No bonus deals for new traders Traders from the US not accepted Two-factor authentication not available for extra account security	No free demo account No copy trading tools
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	Investment Platform of the Year 2022 Best Low-cost SIPP 2022 Shareholder Rights Champion 2022 Best Low Cost Stockbroker 2022 Retail Investor Champion of the Year 2021 Best Low Cost Stockbroker 2021 Best Stocks and Shares ISA provider 2021 Best Stocks & Shares ISA Provider 2020 Best Stockbroker for International Dealing 2020
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes	No
Minimum Deposit
$200	£0
Trading Platforms
MT4 MT5 cTrader DupliTrade	Own
Payment Methods
BPAY Credit Card FasaPay Giropay Mastercard Neteller PayPal POLi QIWI Rapid Transfer Skrill TransferWise UnionPay Visa Wire Transfer	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£25
Regulator
ASIC, CySEC, FSA	FCA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
No	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	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	Ready-Made Portfolios
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	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF	GBP
Stock Exchanges
	Dow Jones FTSE UK Index Nasdaq
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.	CFD trading not offered
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
1
GBPUSD Spread
0.5
Oil Spread
0.03
Stocks Spread
0.02
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.	Forex trading not offered
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
EURUSD Spread
0.1
EURGBP Spread
0.5
Assets
55+
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
Crypto Staking
No	No
Auto Market Maker
No	No

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