VT Markets vs IC Markets

VT Markets vs IC Markets Comparison Table 2023
VT Markets IC Markets
4
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

VT Markets is an Australian multi-asset CFD broker regulated by the ASIC, FSCA, and SVGFSA. With 1000+ tradeable instruments, support for the MetaTrader 4 and MetaTrader 5 platforms, plus powerful charts from TradingView, this broker provides traders with an intuitive way to access diverse markets. Spreads start from 0.0 on the ECN account with very competitive commissions on some instruments, and the commission-free account also has fairly tight spreads starting from 1.2 pips on the EUR/USD pair.

IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced day traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand.

Bonus Offer
50% Welcome Bonus
Promotions

Get Cashback When You Trade With VT Markets

Comment by Reviewer
"VT Markets is a great choice for regular traders who are looking for very tight spreads and powerful trading platform and charting options." "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders."
Pros
  • Free demo account
  • Copy trading platform with social investing opportunities
  • Top-rated platforms including MetaTrader 4
  • Multiple account currencies for global traders
  • Open an account in less than 5 minutes
  • Competitive spreads and commissions
  • Low fees for active traders with spreads from 0.0 pips and zero commissions
  • Premium educational resources and trading tools including podcasts, forex calculators and tick charts
  • Beginner-friendly social trading features including IC Social, Myfxbook, Zulutrade and Signal Start
  • 15+ payment methods in 10 base currencies including PayPal and Skrill
  • Responsive 24/7 customer support plus an extensive help centre
  • Reliable MT4 and cTrader platforms with excellent charting packages
  • Fast order execution speed of under 40ms
  • High leverage up to 1:500
Cons
  • No cryptocurrency trading
  • Not overseen by any UK, EU or US regulators
  • Bonus schemes have stringent terms and conditions
  • No bonus deals for new traders
  • Traders from the US not accepted
  • Two-factor authentication not available for extra account security
Awards
  • Best Research House Europe 2022
  • Best Forex Broker Australia 2022
  • Best Forex Customer Service 2022
  • Best Forex Mobile App 2022
  • Most Innovative Online Trading Platform 2022
  • 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
CFDs, Forex, Commodities, Stocks, Indices CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes Yes
Minimum Deposit
$200 $200
Trading Platforms
  • MT4
  • MT5
  • TradingView
  • TradingCentral
  • MT4
  • MT5
  • cTrader
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, SVGFSA ASIC, CySEC, FSA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes Yes
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
Yes Yes
Copy Trading Platform
VT Markets offers copy trading via ZuluTrade. The platform also offers intuitive risk management safeguards. The bespoke VTrade platform also offers social investing with 100+ strategy providers. The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to Signal Start, plus popular third-party copy trading tools - ZuluTrade and Myfxbook.
Social Trading
Yes No
Trade Signals
Yes Signal Start
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
VT Markets offers CFDs on an extensive list of assets including stocks, ETFs, indices and commodities. Traders can access leverage up to 1:500 and trade with liquidity from top-tier providers. CFDs are available on a choice of reliable platforms, including MetaTrader. Trade CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage.
Leverage
1:500 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
From 40 1
GBPUSD Spread
0.4 pips 0.5
Oil Spread
From 16 0.03
Stocks Spread
Variable 0.02
Forex Trading
VT Markets offers 40+ forex pairs including majors, minors and exotics with lightning-fast execution, up to 1:500 leverage and spreads starting from 0 available to ECN account holders. Trade currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees.
Forex App

VT Markets offers a bespoke app with 230+ assets including forex. Traders benefit from 24/5 customer support, a welcome deposit bonus, real-time market news, and hassle-free account management. The app is available to download to Android and Apple devices.

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
0.4 pips 0.5
EURUSD Spread
0.4 pips 0.1
EURGBP Spread
1.4 pips 0.5
Assets
40+ 55+
Cryptocurrency
Crypto trading not offered 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.
Spread
BTC 0.4%, ETH 1%
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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