AvaTrade vs IC Markets Comparison

Last updated Mar 28, 2025
AvaTrade LogoAvaTrade
4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
IC Markets LogoIC Markets
4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of AvaTrade and IC Markets

BrokerAvaTradeIC Markets
Rating
4.7/5
4.7/5
Foundation Year20052007
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaSeychelles, Australia, Cyprus, Kenya
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY
Spreadfrom 0.6 pointsfrom 0 points
Max Leverage1:4001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
ReviewAvaTrade Review IC Markets Review

AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.

IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.

AvaTrade Review

AvaTrade Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

AvaTrade is in the top 10 of the following ratings:

IC Markets Review

IC Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
compare IC Markets trading accounts

IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.

IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.

Pros and Cons of IC Markets

Pros

  1. A wide range of trading assets.
  2. Low spreads.
  3. Variety of trading platforms.
  4. Quality educational materials.
  5. Efficient customer support service.

Cons

  1. High minimum deposit.

IC Markets is in the top 10 of the following ratings:

Reliability

BrokerAvaTradeIC Markets
Reliability
5/5
5/5
Foundation Year20052007
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaSeychelles, Australia, Cyprus, Kenya
Regulators

AvaTrade

AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.

IC Markets

IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.

Account Opening

BrokerAvaTradeIC Markets
Account Opening
5/5
4.5/5
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY

AvaTrade

The broker offers clients from different countries a straightforward, convenient, and quick account opening process.

IC Markets

The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.

Account Types

BrokerAvaTradeIC Markets
Account Types
3.5/5
3.8/5
Trading Accounts
  • -
  • Standard
  • Raw Spread cTrader
  • Raw Spread
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY
Spreadfrom 0.6 pointsfrom 0 points
Max Leverage1:4001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Demo Account
Swap-free Account

AvaTrade

AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.

Pros

  1. A free demo account is available.
  2. An Islamic account option is provided.
  3. The ability to copy trades.

Cons

  1. Lack of market execution of orders.
  2. No cent accounts.
  3. No fixed spread accounts.

IC Markets

IC Markets' accounts are mainly aimed at experienced and professional traders.

Pros

  1. ECN accounts
  2. Ability to copy trades
  3. Access to VPS

Cons

  1. No cent accounts
  2. No fixed spread accounts

Commissions

BrokerAvaTradeIC Markets
Commissions
4.5/5
4.5/5
Spreadfrom 0.6 pointsfrom 0 points
Average Spread (EURUSD)0.90.62
Commission per Lot
$3.5

AvaTrade

AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.

Pros

  1. Low spreads.
  2. No deposit/withdrawal fees.

Cons

  1. Inactivity fee.

IC Markets

IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.

Deposit and Withdrawal

BrokerAvaTradeIC Markets
Rating
4.2/5
4.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • PayPal
  • Perfect Money
  • Google Pay
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • JCB
  • PayPal
  • Neteller
  • Skrill
  • Bpay
  • FasaPay
  • Klarna
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • UnionPay
  • POLi
  • Rapidpay

AvaTrade

AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.

Pros

  1. Multiple methods for deposit and withdrawal.
  2. No commission on deposits and withdrawals.
  3. AvaTrade covers up to $100 of the bank transfer fee.

Cons

  1. Long processing time for bank transfers.

IC Markets

IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.

Markets and Products

BrokerAvaTradeIC Markets
Markets and Products
5/5
5/5
Forex5361
Precious Metals77
Energy Carriers55
Soft Commodities78
Indices4625
Stocks6142175
ETF6138
Bonds210
Cryptocurrency2021

AvaTrade

AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.

IC Markets

IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.

Trading Platforms

BrokerAvaTradeIC Markets
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView

AvaTrade

AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.

IC Markets

IC Markets provides powerful and functional trading platforms suitable for various trader categories.

Analytics

BrokerAvaTradeIC Markets
Rating
5/5
5/5

AvaTrade

The broker provides good market analysis tools.

Pros

  1. Collaboration with Trading Central.
  2. Economic calendar.
  3. Trader's calculator.

IC Markets

IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.

Education

BrokerAvaTradeIC Markets
Rating
5/5
5/5

AvaTrade

AvaTrade offers quality video tutorials and articles for traders of all levels.

Pros

  1. Quality materials.
  2. Educational resources available on the AvaTrade site.

IC Markets

IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.

Customer Support

BrokerAvaTradeIC Markets
Rating
5/5
4.7/5
Email Support
  • customer@avatrade.com
  • clientrelations@icmarkets.com
  • support@icmarkets.com
  • accounts@icmarkets.com
Hotline Phones
  • +3228080310
  • +2484671976
Social Media

AvaTrade

The broker's technical support offers various channels of communication and 24/7 availability.

IC Markets

IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.

Pros

  1. Positive reviews about professional support
  2. Multiple channels for support communication
  3. Support is available 24/7

Cons

  1. Only international call option is available

Alternatives to AvaTrade and IC Markets

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