Born2Trade vs IC Markets Comparison
Compare trading conditions, commissions and platforms of Forex brokers Born2Trade and IC Markets. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Born2Trade or IC Markets?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Born2Trade
- Minimum deposit · USD
- 10 USD
- Different platforms
- Match-Trader
- Different markets
- None listed
IC Markets
- Minimum deposit · USD
- 200 USD
- Different platforms
- MetaTrader 4
- cTrader
- TradingView
- Different markets
- ETF
- Bonds
Comparison Table of Born2Trade and IC Markets
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Foundation Year | 2024 | 2007 |
| Regulated in Countries | Mauritius | Seychelles, Australia, Cyprus, Kenya |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:5000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review |
Born2Trade Review
Born2Trade is a functional Forex and CFD broker with several account types, the MetaTrader 5 and Match-Trader platforms, and access to six asset classes. The broker focuses on active trading and offers different pricing models, ranging from the Standard account to ECN and Dynamic accounts with high leverage.
Born2Trade is best suited to Forex traders with some experience who value MT5, ECN conditions, copy trading, and the ability to use high leverage. The broker may also appeal to beginners due to its low minimum deposit and relatively simple registration, although they will need to use third-party resources for more comprehensive education.
Pros and Cons of Born2Trade
Pros
- Three trading account types with different conditions.
- MetaTrader 5 and Match-Trader, with support for algorithmic and mobile trading.
- More than 240 CFDs across 6 asset classes.
- Low minimum deposit of $10 and fee-free deposits.
- A good range of TradingView analytical tools and 24/5 support.
Cons
- Regulation is limited to the Mauritius FSC; the company in Saint Lucia does not hold a separate brokerage licence.
- Spreads on the Standard account are above average, while some swaps are relatively high.
- Withdrawal fees usually apply outside special fee-free days.
- No Islamic account.
- Educational materials are limited, with no full courses, webinars, or extensive video library.
IC Markets Review
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
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
Reliability
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2024 | 2007 |
| Regulated in Countries | Mauritius | Seychelles, Australia, Cyprus, Kenya |
| Regulators |
Born2Trade
Born2Trade is licensed by the Mauritius FSC, although some clients are served through a company in Saint Lucia that does not hold a separate brokerage licence. The level of protection depends on the legal entity through which the account is opened.
Pros
- Mauritius FSC licence
- Segregation of client funds
Cons
- The FSC is an offshore regulator
- The company in Saint Lucia does not hold a separate brokerage licence
- No FCA, ASIC, or CySEC regulation
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Born2Trade
Opening an account with Born2Trade is straightforward: registration is brief, verification is completed online, and the minimum deposit is only $10. The process is generally quick and requires no complicated steps.
Pros
- Simple registration
- Fast online verification
- Minimum deposit of $10
Cons
- Only USD and EUR are available as base currencies
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Account Types | 4/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:5000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | Yes | Yes |
| Swap-free Account | No | Yes |
Born2Trade
Born2Trade offers accounts for different trading styles: the versatile Standard account, ECN for active traders, and Dynamic with high leverage. The selection is complemented by demo accounts, copy trading, and prediction markets.
Pros
- Three accounts for different strategies
- Unlimited demo accounts
- Copy trading and prediction markets are available
Cons
- No Islamic account
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
Commissions
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Commissions | 3.5/5 | 4.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.4 | 0.62 |
| Commission | per 1 lot$2.50 | per 1 lot$3.50 |
Born2Trade
Born2Trade's fees are generally average: spreads on the Standard account are above market levels and swaps are not the most competitive, but the ECN commission of $5 per lot is below average. There is no inactivity fee, and withdrawals are sometimes free.
Pros
- ECN commission is below average
- No inactivity fee
- Fee-free withdrawal days are available
Cons
- Spreads on the Standard account are above average
- Some swaps are relatively high
- Withdrawals usually incur a fee outside special days
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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Born2Trade
Born2Trade offers a convenient range of payment methods. Deposits are free, while cryptocurrency withdrawals can be processed quickly.
Pros
- Fee-free deposits
- Fast cryptocurrency withdrawals
Cons
- Fees for standard withdrawals
- Card withdrawals can take up to 10 days
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 42 | 61 |
| Precious Metals | 6 | 7 |
| Energy Carriers | 3 | 5 |
| Soft Commodities | 7 | 8 |
| Indices | 15 | 25 |
| Stocks | 156 | 2175 |
| Cryptocurrency | 23 | 21 |
| ETF | - | 38 |
| Bonds | - | 10 |
Born2Trade
Born2Trade offers more than 240 CFDs across 6 asset classes. The selection is fairly broad, and leverage of up to 1:5000 stands out compared with many brokers. However, the total number of instruments is lower than at major competitors.
Pros
- 6 asset classes
- More than 240 CFDs
- Leverage up to 1:5000
Cons
- Does not offer thousands of instruments like major brokers
- ECN and Dynamic are limited to Forex and metals
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading Platforms
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Born2Trade
Born2Trade offers two convenient and functional platforms: MT5 for advanced trading and Match-Trader for a simpler interface. The selection is not the broadest, but it meets the needs of most traders.
Pros
- MT5 with Expert Advisors and algorithmic trading
- User-friendly Match-Trader
- Web and mobile trading are available
Cons
- Only two platforms
- Match-Trader is available only for the Standard account
IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Analytics
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
Born2Trade
Born2Trade offers a good range of market analysis tools, but much of the functionality is based on TradingView, while the broker provides little in-depth proprietary analysis.
Pros
- Economic calendar
- TradingView screeners and signals
- News and market sentiment
Cons
- Many third-party tools
- Limited in-depth proprietary analysis
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
Born2Trade
Born2Trade provides basic materials for beginners, but the range of formats is limited. There are no full courses, webinars, podcasts, or extensive video library.
Pros
- Covers the basics of analysis and risk management
- Useful Help Center
Cons
- No webinars
- No full courses
- Few videos or other formats
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
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| Broker | Born2Trade | IC Markets |
|---|---|---|
| Rating | 4/5 | 4.7/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
Born2Trade
Born2Trade offers several convenient contact channels and 24/5 support. Responses are usually quick, but the small number of independent reviews makes it difficult to assess the consistency of the service with confidence.
Pros
- 24/5 support
- Chat, email, and phone support
- Responses are usually quick
Cons
- Few independent reviews
- Some complaints about delays
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
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
Comparisons of Born2Trade and IC Markets with other brokers
Conclusion
When choosing between IC Markets and Born2Trade, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Born2Trade or IC Markets?
IC Markets ranks higher than Born2Trade in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Born2Trade or IC Markets?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Born2Trade or IC Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Born2Trade and IC Markets?
Born2Trade: MetaTrader 5, Match-Trader. IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Born2Trade and IC Markets?
Born2Trade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Born2Trade and IC Markets?
Born2Trade: Standard, Dynamic, ECN. IC Markets: Standard, Raw Spread cTrader, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Born2Trade and IC Markets?
Born2Trade: Google Pay, Apple Pay, Volet, Visa, Mastercard. IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. Check method-specific fees/settlement times.
Which broker is safer — Born2Trade or IC Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
