B

Evans and Partners

6/10

IC Markets

8/10
5/10RegulationWinner9/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while IC Markets was established in 2007 and is based in Australia. Evans and Partners holds licences including Unregulated, while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Evans and Partners serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $500 at Evans and Partners and $200 at IC Markets.

IC Markets wins this category
FeatureEvans and PartnersIC Markets
Min. Deposit$500$200
RegulationUnregulatedAustralian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Founded20122007
CountryUSAAustralia
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Evans and Partners 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 $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; Evans and Partners does not. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
FeatureEvans and PartnersIC Markets
Min. Deposit$500$200
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Evans and Partners offers MT4, 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 Evans and Partners does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and PartnersIC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners 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.

Tied
FeatureEvans and PartnersIC Markets
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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.

IC Markets wins this category
FeatureEvans and PartnersIC Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and PartnersIC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more