Tradeview vs ICM Brokers

Tradeview vs ICM Brokers Comparison Table 2023
Tradeview	ICM Brokers
Review 2.5	Review 1.5
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Tradeview is an offshore forex and CFD broker based in the Cayman Islands and regulated by CIMA. Traders can access over 5000 instruments with a minimum deposit of $100. There are several third-party platforms on offer, including MetaTrader 4 (MT4) and cTrader.	ICM Brokers is a Vanuatu-based broker offering a range of markets including CFDs, forex, futures, and options. The broker does not hold any top-tier licenses and there is limited company information available online.
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Bonus Offer
Promotional Offer vary. Contact Tradeview for details
Comment by Reviewer
"After exploring the broker, I think Tradeview is a good choice for experienced traders looking for a no-frills brokerage service with rapid ECN execution, tight spreads and feature-rich software. Conversely, with the lack of top-tier regulation and educational materials, beginners may want to look elsewhere."	"ICM Brokers could serve traders that are looking for fixed spreads, high leverage and willing to pay the $250 minimum deposit."
Pros
The main thing that stands out for me is the wide range of platforms available at Tradeview, including the MetaTrader terminals, cTrader and Currenex, plus several software options for the broker’s real stocks trading service Through STP/ECN execution, the broker is able to achieve raw pricing on popular assets. Tradeview also charges very low commissions from $2.50 per lot per side My tests uncovered a strong range of 60+ currency pairs, which is above the industry average and should allow serious forex traders to explore plenty of opportunities I found a decent range of payment methods available at Tradeview, with no deposit fees and same-day processing times	Daily technical analysis report on key markets, including EUR/USD and Dow Jones Access to the renowned MetaTrader 4 platform with customizable charting tools Integrated economic calendar for keeping up with market events Highly leveraged trading up to 1:400
Cons
A key drawback for me is the lack of top-tier regulatory oversight. The broker’s offshore regulation with CIMA may mean that traders won’t receive robust fund protection measures Compared to other brokers, I find the educational materials at Tradeview a little underwhelming. For example, it would be nice to see some webinars, ebooks or forex trading courses available for beginners I was a little disappointed to find a $35 fee for bank wire withdrawals and a 1-1.5% fee for Skrill and Neteller	Uncompetitive fixed spreads and high commissions Withdrawals must be made via request form Offshore regulation reduces client safety Limited range of trading instruments Narrow range of funding methods Slow customer support upon testing
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies	Forex, equity CFDs, precious metals, energies, futures
Demo Account
Yes	Yes
Minimum Deposit
$100	$250
Trading Platforms
MT4 MT5 cTrader	MT4
Payment Methods
Credit / Debit Car, Neteller, Skrill, Cryptocurrencies, Bank Wire, Bitpay, Accentpay, Payretailers, Sticpay, Fasapay, Advcash, TransferMate, Bitwallet, Uphold and JPay	Mastercard Neteller PayPal Visa Western Union
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CIMA, MFSA	VFSC
Margin Trading
No	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	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
No	Yes
Mobile Apps
Yes	Yes
Auto Trading
Yes	Yes
Copy Trading
Yes	No
Copy Trading Platform
Choose between manual and automated copy trading at with a range of leading market signals.
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Commodities
Gold Silver	Gold Natural Gas Silver
CFD Trading
My tests uncovered around 100 CFD products covering forex, indices, commodities and cryptos. Leverage is available up to 1:400 and it’s good to see that scalping, hedging and EA strategies are permitted.	CFDs are available to trade on the powerful MT4 platform with a free demo account to test out strategies. With that said, the demo is only available for 20 days, which is disappointing.
Leverage
1:400 (CIMA), 1:30 (MFSA)	1:400 (Retail), 1:100 (Pro)
FTSE Spread
N/A	3.5
GBPUSD Spread
0.6	3
Oil Spread
0.5	Floating
Stocks Spread
Variable	Variable
Forex Trading
I’m happy with Tradeview’s strong range of 60+ currency pairs spanning majors, minors and exotics with competitive spreads from 0 pips in the $1000 ILC account. Traders can choose from several platforms, but I was particularly impressed with the feature-rich Currenex platform which is designed specifically for currency trading.	Trade a small range of currency pairs with fixed spreads and high leverage up to 1:400. On the downside, fees are not the most competitive vs other brokers.
GBPUSD Spread
0.6	3
EURUSD Spread
0.2	2
EURGBP Spread
0.7	3
Assets
60	20+
Cryptocurrency
I found 5 crypto products at Tradeview: BTCUSD, ETHUSD, LTCUSD, XRPUSD and BTCJPY. Whilst this isn’t the widest range, beginners should have enough opportunities to explore the market. Plus, with STP/ECN execution, traders should be able to access relatively competitive prices.	Crypto trading not offered
Spread
From $0.09
Coins
BTC ETC LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
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