IC Markets vs World Forex

IC Markets vs World Forex Comparison Table 2023
IC Markets World Forex
WINNER
World Forex is the better broker
4.8
4

World Forex is #5 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.

World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

Pros
  • Demo Account
  • MT4 integration
  • Copy trading
  • Low minimum deposit
  • Full range of investments
  • Multiple payment methods
Cons
  • Weak regulation
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
Promotions

World Forex Cashback Club: Earn $25 Per Lot Traded

Bonus
100% Deposit Bonus
Instruments
Futures, CFD, Forex, Crypto, REITs, Volatility Index Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes Yes
Minimum Deposit
$200 $1
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySec, FSA SVGFSA
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 Yes
ECN Account
No Yes
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 Yes
Mobile Apps
iOS, Android and Windows iOS, Android + Web Browser
Auto Trading
Yes, via EQUINIX NY 4 Yes
Copy Trading
Yes Yes
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. Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply.
Social Trading
No No
Trade Signals
Yes (Via Robot Feature) Yes
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • RUB
Stock Exchanges
Commodities
CFD Trading
Speculate on 40+ share CFDs with high leverage and low fees.
Leverage
ASIC and CySEC -1:30, FSA - 1:500, 1:1000 Elsewhere 1:1000
FTSE Spread
1 pt NA
GBPUSD Spread<
0.5 pips NA
Oil Spread
1 pt NA
Stocks Spread
From 0.03
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. Take positions on a long list of forex pairs with tight spreads and low commissions.
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 From 0.6
EURUSD Spread
0.1 pips From 0.6
EURGBP Spread
0.5 pips From 0.6
Assets
56+ 53
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. Trade on 10 cryptos paired with the USD and EUR. Crypto only pairs are also available.
Spread
BTC 0.4%, ETH 1% 0
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
  • BTC
  • DSH
  • LTC
  • ETH
  • ZEC
  • XRP
  • BCH
  • XMR
  • EOS
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Trade American and European digital contracts with high payouts up to 100%.
Payout
100%
Expiry Times
1 minute - 7 days
Ladder Options
No No
Boundary Options
No No
More Comparisons
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