Forex Euroclub
IC Markets
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Overview
Forex Euroclub was founded in 2008 and is headquartered in Russia, while IC Markets was established in 2007 and is based in Australia. Forex Euroclub holds licences including Unregulated, while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Forex Euroclub serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $100 at Forex Euroclub and $200 at IC Markets.
| Feature | Forex Euroclub | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2007 |
| Country | Russia | Australia |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Forex Euroclub and IC Markets, directly affecting your bottom line as a trader. Forex Euroclub has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IC Markets). Neither broker charges withdrawal fees. IC Markets charges deposit fees; Forex Euroclub does not. Overall, Forex Euroclub scores higher on fees in our assessment.
| Feature | Forex Euroclub | IC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex Euroclub 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 Forex Euroclub does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex Euroclub | 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,WEB,iPhone,Mac | 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 Forex Euroclub and IC Markets compare. IC Markets runs regular live webinars; Forex Euroclub does not. Both provide video tutorials. IC Markets publishes daily market commentary; Forex Euroclub 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 | Forex Euroclub | 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. Forex Euroclub 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 | Forex Euroclub | 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 Forex Euroclub and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Euroclub supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Forex Euroclub | 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 |