CM Trading
IC Markets
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while IC Markets was established in 2007 and is based in Australia. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. CM Trading serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $250 at CM Trading and $200 at IC Markets.
| Feature | CM Trading | IC Markets |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2011 | 2007 |
| Country | Seychelles | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and IC Markets, directly affecting your bottom line as a trader. IC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at CM Trading). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; CM Trading does not. Overall, IC Markets scores higher on fees in our assessment.
| Feature | CM Trading | IC Markets |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
CM Trading offers MT4, MT5, cTrader, while IC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | CM Trading | IC Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mirror Trader, Sirix, 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 CM Trading and IC Markets compare. IC Markets runs regular live webinars; CM Trading does not. Both provide video tutorials. IC Markets publishes daily market commentary; CM Trading does not. Both integrate third-party research tools. IC Markets maintains an archive of past webinars for on-demand viewing. IC Markets scores higher overall in education and research.
| Feature | CM Trading | IC Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading 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 | CM Trading | 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 CM Trading and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. CM Trading supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | CM Trading | 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 |