Your capital is at risk. Trade only with funds you can afford to lose.
IC
Doesn't accept traders from US. See available forex brokers
Not available in your countryRead IC review
Rating breakdown
- Regulation & trust4.60.7 higher than Markets.com (3.9)
- Assets & markets4.10.2 higher than Markets.com (3.9)
- Fees & costs4.60.8 higher than Markets.com (3.8)
- Platforms & tools4.0same as Markets.com (4.0)
- Accounts & banking4.00.2 higher than Markets.com (3.8)
- Education3.50.3 lower than Markets.com (3.8)
- Research4.00.1 higher than Markets.com (3.9)
- Customer support4.50.4 higher than Markets.com (4.1)
Markets.com’s score. Numbers show the difference.
Markets.com
Doesn't accept traders from US. See available forex brokers
Not available in your countryRead Markets.com review
CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities, indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose.
Rating breakdown
- Regulation & trust3.90.7 lower than IC (4.6)
- Assets & markets3.90.2 lower than IC (4.1)
- Fees & costs3.80.8 lower than IC (4.6)
- Platforms & tools4.0same as IC (4.0)
- Accounts & banking3.80.2 lower than IC (4.0)
- Education3.80.3 higher than IC (3.5)
- Research3.90.1 lower than IC (4.0)
- Customer support4.10.4 lower than IC (4.5)
IC’s score. Numbers show the difference.
| IC | Markets.com | |
|---|---|---|
| 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. | Established in 2008, Markets.com is a long-standing, multi-regulated broker with oversight from the CySEC and FSCA. It offers unique features to track hedge fund moves and insider trades, while providing stock signals to alert traders to market opportunities. Its choice of accounts (Classic to Professional) caters to all levels of active trader. 72.3% of retail accounts lose money. |
| Customer Reviews | Based on 3 customer reviews | Based on 1 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.” | “Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds |
| Demo Account | Yes | Yes |
| Minimum Deposit | $200 | $200 |
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| Payment Methods | ||
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, FSA, SCB, CMA-Kenya | ASIC, CySEC, FSCA, BVI FSC |
| Margin Trading | Yes | Yes |
| STP Account | No | No |
| ECN Account | Yes | No |
| DMA Account | Yes | No |
| MAM Account | Yes | No |
| PAMM Account | Yes | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | Yes |
| 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. | The Markets.com app (iOS & Android) delivers a full trading desk in your pocket, with real-time pricing, interactive charts, and one-tap order execution across 2,200+ instruments. It integrates the broker’s proprietary tools, including hedge fund confidence indices, stock alerts, and live market news, so active traders can react instantly while on the go. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | No |
| 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. | – |
| Social Trading | Yes | Yes |
| Trade Signals | Yes | Yes |
| VPS Hosting | Yes | No |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | Yes |
| Inactivity Fee | $0 | $10 |
| Islamic Account | Yes | Yes |
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| Stock Exchanges | ||
| Commodities | ||
| 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. | Markets.com delivers a broad CFD offering spanning forex, commodities, indices, stocks, ETFs, bonds, cryptocurrencies, and even unique thematic blends and IPOs. Low trading costs and accessible education make it beginner-friendly, while feature-rich charting platforms and specialized tools like hedge fund confidence and insider trading alerts give experienced CFD traders an analytical edge. |
| Leverage | 1:5000 | 1:500 |
| FTSE Spread | 1.0 | 2.5 |
| GBPUSD Spread | 0.23 | 1.5 |
| Oil Spread | 0.03 | 0.05 |
| Stocks Spread | 0.02 | 1.53 (Apple) |
| 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. | Markets.com offers over 50 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos. |
| GBPUSD Spread | 0.23 | 1.5 |
| EURUSD Spread | 0.1 | 1.3 |
| EURGBP Spread | 0.27 | 1.4 |
| Assets | 75 | 50+ |
| Currency Indices | – |
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| 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. | Markets.com’s crypto offering covers 30+ major coins, including Bitcoin, Ethereum, and Litecoin, with leverage options that vary by region but stay more conservative than on forex. Execution was generally smooth in our tests, though spreads were noticeably wider during high volatility, making it better for swing trades than ultra-short-term scalping. |
| Spread | BTC 42.036 | 114.37 (BTC) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead IC review
Not available in your countryRead Markets.com review
CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities, indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose.