B

IC Markets

8/10
one financial markets logo

one financial markets

7.9/10
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 one financial markets was established in 2010 and is based in Grenadines. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while one financial markets is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; one financial markets has 14,000+. The minimum deposit is $200 at IC Markets and $250 at one financial markets.

IC Markets wins this category
FeatureIC Marketsone financial markets
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-F289
Founded20072010
CountryAustraliaGrenadines
Clients60,000+14,000+

Fees

Fees are a critical factor when choosing between IC Markets and one financial markets, 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 one financial markets). one financial markets charges withdrawal fees while IC Markets does not, giving IC Markets an edge for frequent withdrawers. one financial markets applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; one financial markets does not. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
FeatureIC Marketsone financial markets
Min. Deposit$200$250
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

IC Markets offers MT4, MT5, cTrader, while one financial markets 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.

Tied
FeatureIC Marketsone financial markets
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 one financial markets 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 Marketsone financial markets
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 one financial markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeatureIC Marketsone financial markets
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 one financial markets 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 Marketsone financial markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and moreEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic