Choicetrade
icm capital
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while icm capital was established in 2015 and is based in Geneva. Choicetrade holds licences including Unregulated, while icm capital is regulated by Financial Conduct Authority (FCA) among others. Choicetrade serves 10,000+ clients worldwide; icm capital has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | Choicetrade | icm capital |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F258 |
| Founded | 2009 | 2015 |
| Country | United States | Geneva |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and icm capital, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Choicetrade | icm capital |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Choicetrade offers MT4, MT5, cTrader, while icm capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. icm capital supports social and copy trading features, which Choicetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | icm capital |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and icm capital compare. icm capital runs regular live webinars; Choicetrade does not. icm capital has a video library; Choicetrade does not. icm capital publishes daily market commentary; Choicetrade does not. icm capital integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. icm capital maintains an archive of past webinars for on-demand viewing. icm capital scores higher overall in education and research.
| Feature | Choicetrade | icm capital |
|---|---|---|
| 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. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while icm capital supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). icm capital uniquely supports PayPal and Skrill and Neteller among the two brokers. icm capital scores higher on deposit and withdrawal flexibility.
| Feature | Choicetrade | icm capital |
|---|---|---|
| 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 Choicetrade and icm capital offer live chat support. Both provide phone support. Email support is available at both brokers. Choicetrade supports 2 languages and icm capital supports 8, giving icm capital broader global reach. Both brokers are comparable on support quality.
| Feature | Choicetrade | icm capital |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |