IC Markets vs LMFX

IC Markets vs LMFX Comparison Table 2023
IC Markets LMFX
WINNER
IC Markets is the better broker
4.8
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets. LMFX offers online forex and stock trading with low fees and high leverage.
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
Bonus
100% deposit bonus up to $30,000
Instruments
Futures, CFD, Forex, Crypto, REITs, Volatility Index Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$200 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 lots
Regulator
ASIC, CySec, FSA
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No 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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Yes, via EQUINIX NY 4 Yes (EAs)
Copy Trading
Yes No
Copy Trading Platform
Based in Australia, IC Markets, is a good all-round broker for the MetaTrader suites, cTrader, ZuluTrade and Myfxbook. IC Markets has been around for over 10 years, so clients also enjoy a comprehensive range of educational tools and research.
Social Trading
No No
Trade Signals
Yes (Via Robot Feature)
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No Yes
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
  • EUR
Stock Exchanges
Commodities
CFD Trading
CFD trading is available across multiple financial markets.
Leverage
ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere 1:1000
FTSE Spread
1 pt 3.0
GBPUSD Spread<
0.5 pips 2.5
Oil Spread
1 pt 0.7
Stocks Spread
Variable
Forex Trading
Trade Forex on 0.0 pip spreads with one of the world's leading forex brokers - IC Markets. Great choice for serious traders. ASIC regulated. FX trading is available on a range of currencies with tight spreads.
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 pips 2.3
EURUSD Spread
0.1 pips 1.9
EURGBP Spread
0.5 pips 2.2
Assets
56+ 48
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
More Comparisons
IC Markets
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