IC Markets vs Sheer Markets

IC Markets vs Sheer Markets Comparison Table 2023
IC Markets Sheer Markets
WINNER
IC Markets is the better broker
4.8
Not Yet Rated
United States Flag Traders from US not accepted
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.

Sheer Markets is a Cypriot broker offering MT4 and MT5 trading in CFDs, forex and equities from across the world.

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
Futures, CFD, Forex, Crypto, REITs, Volatility Index Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$200 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 lots
Regulator
ASIC, CySec, FSA CySEC
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes, via EQUINIX NY 4
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 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
  • EUR
Stock Exchanges
Commodities
CFD Trading
Sheer Markets offers CFDs on European, UK and US equities, major global indices, commodities (including gold and oil) and cryptocurrencies.
Leverage
ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere 1:30 Retail, 1:100 Professional
FTSE Spread
1 pt Variable
GBPUSD Spread<
0.5 pips Variable
Oil Spread
1 pt Variable
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. Sheer Markets supports trading in major, minor, exotic and emerging markets 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 pips Variable
EURUSD Spread
0.1 pips Variable
EURGBP Spread
0.5 pips Variable
Assets
56+ 90
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. Sheer Markets supports CFD trading in four major cryptocurrencies.
Spread
BTC 0.4%, ETH 1% Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
  • BTC
  • ETH
  • LTC
  • BCH
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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