B

IC Markets

8/10
kvb kunlun logo

kvb kunlun

7.7/10
9/10RegulationWinner10/10
6/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

IC Markets was founded in 2007 and is headquartered in Australia, while kvb kunlun was established in 2012 and is based in Switzerland. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while kvb kunlun is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; kvb kunlun has 10,000+. The minimum deposit is $200 at IC Markets and $250 at kvb kunlun.

IC Markets wins this category
FeatureIC Marketskvb kunlun
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-F267
Founded20072012
CountryAustraliaSwitzerland
Clients60,000+10,000+

Fees

Fees are a critical factor when choosing between IC Markets and kvb kunlun, 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 kvb kunlun). Neither broker charges withdrawal fees. IC Markets charges deposit fees; kvb kunlun does not. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
FeatureIC Marketskvb kunlun
Min. Deposit$200$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureIC Marketskvb kunlun
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 kvb kunlun compare. IC Markets runs regular live webinars; kvb kunlun does not. Both provide video tutorials. IC Markets publishes daily market commentary; kvb kunlun 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.

IC Markets wins this category
FeatureIC Marketskvb kunlun
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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

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