IC Markets
Interactive Investor
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Overview
IC Markets was founded in 2007 and is headquartered in Australia, while Interactive Investor was established in 1995 and is based in UK. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $200 at IC Markets and $1 at Interactive Investor.
| Feature | IC Markets | Interactive Investor |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 1995 |
| Country | Australia | UK |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IC Markets and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $200 at IC Markets). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | IC Markets | Interactive Investor |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
IC Markets offers MT4, MT5, cTrader, while Interactive Investor 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 | IC Markets | Interactive Investor |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, ProTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IC Markets and Interactive Investor compare. IC Markets runs regular live webinars; Interactive Investor does not. Both provide video tutorials. IC Markets publishes daily market commentary; Interactive Investor 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 | IC Markets | Interactive Investor |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IC Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Interactive Investor supports 2 (bank transfer, credit/debit card). IC Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | IC Markets | Interactive Investor |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IC Markets and Interactive Investor offer live chat support. Both provide phone support. Email support is available at both brokers. IC Markets supports 8 languages and Interactive Investor supports 2, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | IC Markets | Interactive Investor |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, and Chinese |