Euro Pacific Bank
IC Markets
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Overview
Euro Pacific Bank was founded in 1978 and is headquartered in Puerto Rico, while IC Markets was established in 2007 and is based in Australia. Euro Pacific Bank holds licences including Office of the Commissioner of Financial Institutions (OCIF), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Euro Pacific Bank serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $100 at Euro Pacific Bank and $200 at IC Markets.
| Feature | Euro Pacific Bank | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Office of the Commissioner of Financial Institutions (OCIF) | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1978 | 2007 |
| Country | Puerto Rico | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Euro Pacific Bank and IC Markets, directly affecting your bottom line as a trader. Euro Pacific Bank has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IC Markets). Euro Pacific Bank charges withdrawal fees while IC Markets does not, a notable advantage for frequent withdrawers. Euro Pacific Bank charges deposit fees; IC Markets does not. Overall, IC Markets scores higher on fees in our assessment.
| Feature | Euro Pacific Bank | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Euro Pacific Bank 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 | Euro Pacific Bank | 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 | iPhone/iPad,Mac,Desktop, | 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 Euro Pacific Bank and IC Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Euro Pacific Bank | IC Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Euro Pacific Bank 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 | Euro Pacific Bank | 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 Euro Pacific Bank and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Euro Pacific Bank supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Euro Pacific Bank | 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 |