Grand Capital vs IC Markets Comparison
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 Grand Capital and IC Markets
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 4/5 | 4.7/5 |
| Foundation Year | 2006 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines | Seychelles, Australia, Cyprus, Kenya |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Grand Capital Review | IC Markets Review |
Grand Capital is suitable for both beginners and experienced traders. A wide selection of instruments, bonuses, and education make it attractive for different levels of traders
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Grand Capital Review
Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.
Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.
Pros and Cons of Grand Capital
Pros
- Diversity of trading account types.
- Tight spreads.
- A wide range of trading assets.
- Multilingual support 7 days a week, 24 hours a day.
Cons
- It is not regulated by leading financial regulators.
- High swaps.
- Lack of MetaTrader alternatives.
Grand Capital is in the top 10 of the following ratings:
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Reliability | 3.2/5 | 5/5 |
| Foundation Year | 2006 | 2007 |
| Regulated in Countries | Saint Vincent and the Grenadines | Seychelles, Australia, Cyprus, Kenya |
| Regulators | SVGFSA SVGFSA - | SFSA SFSA ASIC ASIC CySEC CySEC CMA CMA |
Grand Capital
Grand Capital demonstrates openness and transparency, but offshore registration may raise concerns among clients.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Grand Capital
Opening an account with Grand Capital is simple and convenient, with clear instructions for verification and flexible deposit options.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Account Types | 5/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Grand Capital
Broker Grand Capital offers a wide range of accounts, satisfying the needs of different categories of traders and investors.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Commissions | 3.2/5 | 4.5/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 0.62 |
| Commission per Lot | $2.5 | $3.5 |
Grand Capital
Grand Capital's commissions are at an average level, offering a reasonable balance between costs and services.
Pros
- Spreads and commission per lot are below market average.
- Cashback is available.
Cons
- High inactivity fee.
- High swaps
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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Grand Capital
Grand Capital offers a variety of deposit and withdrawal methods with competitive fees, although the withdrawal request processing time could be improved.
Pros
- Wide selection of methods for account deposits and withdrawals.
- Broker compensates for account deposit fees.
- Generous bonus program is offered.
Cons
- Withdrawal fee can reach up to 6%.
- Withdrawals take up to three business days.
- No bank transfer available.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 61 |
| Precious Metals | 7 | 7 |
| Energy Carriers | 3 | 5 |
| Soft Commodities | 14 | 8 |
| Indices | 14 | 25 |
| Stocks | 149 | 2175 |
| ETF | 7 | 38 |
| Bonds | 3 | 10 |
| Cryptocurrency | 61 | 21 |
Grand Capital
Broker Grand Capital offers a wide range of trading instruments, enabling trading across different markets.
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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Grand Capital
Grand Capital provides reliable and functional trading platforms, including MetaTrader 4/5 and WebTrader.
Pros
- Availability of time-tested MetaTrader 4 and 5.
- Ability to trade through the browser with WebTrader.
Cons
- No unique or innovative trading platforms provided.
- No mobile application.
IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Analytics
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
Grand Capital
Grand Capital broker analytics offers useful tools and expert reviews, but may not fully meet the requirements of some traders.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 3/5 | 5/5 |
Grand Capital
The broker's training materials are useful but limited to one main resource.
Pros
- Detailed trading book.
Cons
- No webinars or videos.
- Lack of courses.
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
| Broker | Grand Capital | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 4.7/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
YouTube
Telegram
Facebook
Instagram
LinkedInGrand Capital
Grand Capital technical support offers prompt assistance with an extensive working schedule and departmental division.
Pros
- Multilingual support 24/7.
- Separate communication channels for different issues.
- Prompt resolution of issues.
Cons
- Not all departments operate around the clock.
- No direct phone contact for communication.
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
