Bulbrokers
IC Markets
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while IC Markets was established in 2007 and is based in Australia. Bulbrokers holds licences including Financial Services Authority (FSA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Bulbrokers serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $100 at Bulbrokers and $200 at IC Markets.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Services Authority (FSA) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2000 | 2007 |
| Country | Bulgaria | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and IC Markets, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IC Markets). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; Bulbrokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers MT5, cTrader, while IC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which Bulbrokers does not offer. IC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and IC Markets compare. IC Markets runs regular live webinars; Bulbrokers does not. IC Markets has a video library; Bulbrokers does not. IC Markets publishes daily market commentary; Bulbrokers does not. IC Markets integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. IC Markets maintains an archive of past webinars for on-demand viewing. IC Markets scores higher overall in education and research.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IC Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). IC Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | IC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more |