B

IC Markets

8/10

Trading212

7.1/10
9/10RegulationWinner10/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals8/10
10/10WinnerSupport7/10

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Overview

IC Markets was founded in 2007 and is headquartered in Australia, while Trading212 was established in 2006 and is based in UK. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while Trading212 is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $200 at IC Markets and $1 at Trading212.

IC Markets wins this category
FeatureIC MarketsTrading212
Min. Deposit$200$1
RegulationAustralian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Founded20072006
CountryAustraliaUK
Clients60,000+1,500,000+

Fees

Fees are a critical factor when choosing between IC Markets and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $200 at IC Markets). Neither broker charges withdrawal fees. IC Markets charges deposit fees; Trading212 does not. Overall, Trading212 scores higher on fees in our assessment.

Trading212 wins this category
FeatureIC MarketsTrading212
Min. Deposit$200$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

IC Markets offers MT4, MT5, cTrader, while Trading212 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 MarketsTrading212
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacMT4, MT5, Web Trader, 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 Trading212 compare. IC Markets runs regular live webinars; Trading212 does not. Both provide video tutorials. IC Markets publishes daily market commentary; Trading212 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 MarketsTrading212
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 Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). IC Markets uniquely supports Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.

IC Markets wins this category
FeatureIC MarketsTrading212
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesNo

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 Trading212 offer live chat support. IC Markets offers phone support; Trading212 does not. Email support is available at both brokers. IC Markets supports 8 languages and Trading212 supports 13, giving Trading212 broader global reach. IC Markets scores higher overall on customer support in our assessment.

IC Markets wins this category
FeatureIC MarketsTrading212
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and moreEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish