B

IC Markets

8/10

test broker

0/10
9/10WinnerRegulation0/10
6/10WinnerFees0/10
9/10WinnerPlatforms0/10
10/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals0/10
10/10WinnerSupport0/10

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Overview

IC Markets and test broker are both established, regulated brokers. IC Markets serves 60,000+ clients worldwide.

IC Markets wins this category
FeatureIC Marketstest broker
Min. Deposit$200Not available
RegulationAustralian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)Not available
Founded2007Not available
CountryAustraliaNot available
Clients60,000+Not available

Fees

Fees are a critical factor when choosing between IC Markets and test broker, directly affecting your bottom line as a trader. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
FeatureIC Marketstest broker
Min. Deposit$200Not available
Withdrawal FeesNoNot available
Inactivity FeesNoNot available
Deposit FeesYesNot available
CFD FeesYesNot available

Platforms

IC Markets offers a mobile trading app; mobile availability for test broker is limited. IC Markets supports social and copy trading features, which test broker does not offer. IC Markets edges ahead on platform breadth and functionality in our scoring.

IC Markets wins this category
FeatureIC Marketstest broker
MT4YesNot available
MT5YesNot available
cTraderYesNot available
Windows AppYesNot available
iOS AppYesNot available
Android AppYesNot available
Trading PlatformsMT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how IC Markets and test broker compare. IC Markets runs regular live webinars; test broker does not. IC Markets has a video library; test broker does not. IC Markets publishes daily market commentary; test broker does not. IC Markets integrates third-party research tools (Trading Central, Autochartist); test broker does not. 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 Marketstest broker
Forex EducationYesNot available
CFD EducationYesNot available
Weekly WebinarsYesNot available
Daily CommentaryYesNot available
Trading CentralYesNot available
AutochartistYesNot available

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IC Markets uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.

IC Markets wins this category
FeatureIC Marketstest broker
Bank TransferYesNot available
Credit CardYesNot available
PayPalYesNot available
SkrillYesNot available
NetellerYesNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. IC Markets offers live chat; test broker does not, making IC Markets easier to reach in real time. IC Markets offers phone support; test broker does not. IC Markets offers email support; no email support was found for test broker. IC Markets offers multilingual support. IC Markets scores higher overall on customer support in our assessment.

IC Markets wins this category
FeatureIC Marketstest broker
Live ChatYesNot available
Phone SupportYesNot available
Email SupportYesNot available
LanguagesEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and moreNot available