B

IC Markets

8/10

invest az

7.7/10
9/10RegulationWinner10/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

IC Markets was founded in 2007 and is headquartered in Australia, while invest az was established in 2018 and is based in United Kingdom. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while invest az is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; invest az has 10,000+. The minimum deposit is $200 at IC Markets and $250 at invest az.

IC Markets wins this category
FeatureIC Marketsinvest az
Min. Deposit$200$250
RegulationAustralian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F261
Founded20072018
CountryAustraliaUnited Kingdom
Clients60,000+10,000+

Fees

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

IC Markets wins this category
FeatureIC Marketsinvest az
Min. Deposit$200$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

IC Markets offers MT4, MT5, cTrader, while invest az supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which invest az does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureIC Marketsinvest az
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 invest az 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. IC Markets scores higher overall in education and research.

IC Markets wins this category
FeatureIC Marketsinvest az
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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 invest az supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeatureIC Marketsinvest az
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

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 invest az offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
FeatureIC Marketsinvest az
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and moreEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic