IC Markets
Oinvest
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Overview
IC Markets was founded in 2007 and is headquartered in Australia, while Oinvest was established in 2019 and is based in South Africa. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. IC Markets serves 60,000+ clients worldwide; Oinvest has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | IC Markets | Oinvest |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Southern African Financial Sector Conduct Authority (FSCA) |
| Founded | 2007 | 2019 |
| Country | Australia | South Africa |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IC Markets and Oinvest, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; Oinvest does not. The two brokers are broadly comparable on fee structure.
| Feature | IC Markets | Oinvest |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
IC Markets offers MT4, MT5, cTrader, while Oinvest supports 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. IC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | IC Markets | Oinvest |
|---|---|---|
| MT4 | Yes | No |
| 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 | MT4, iOS, MacBook, iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IC Markets and Oinvest compare. IC Markets runs regular live webinars; Oinvest does not. Both provide video tutorials. IC Markets publishes daily market commentary; Oinvest 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 | Oinvest |
|---|---|---|
| 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 Oinvest 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 | Oinvest |
|---|---|---|
| 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 Oinvest offer live chat support. Both provide phone support. Email support is available at both brokers. IC Markets supports 8 languages and Oinvest supports 2, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | IC Markets | Oinvest |
|---|---|---|
| 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 |