IC Markets vs TeraFX

IC Markets vs TeraFX Comparison Table 2021
IC Markets TeraFX
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Futures, CFD, Forex, Crypto Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$200 $100
Payment Methods
BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money Neteller, Skrill, Visa
Minimum Trade
0.01 Lots 0.01 lots
Regulator
ASIC, CySec, FSA FCA
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Yes, via EQUINIX NY 4 Yes
Trade Signals
Yes (Via Robot Feature) No
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF -
CFD
Trade CFDs with leverage across multiple asset classes.
Leverage
1:500 1:30 Retail, 1:200 Professional
FTSE Spread
1 pt Floating
GBPUSD Spread
0.5 pips Floating
Oil Spread
1 pt Floating
Stocks Spread
N/A
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. Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
0.5 pips Floating
EURUSD Spread
0.1 pips Floating
EURGBP Spread
0.5 pips Floating
Assets
56+ 59
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% Trade top crypto pairs on MT4.
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC BTC, ETH, LTC, XRP