IC Markets vs Trading.com Comparison
Compare trading conditions, commissions and platforms of Forex brokers IC Markets and Trading.com. 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 - IC Markets or Trading.com?
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.
IC Markets
- Minimum deposit · USD
- 200 USD
- Different platforms
- MetaTrader 4
- cTrader
- TradingView
- Different markets
- ETF
- Bonds
- Cryptocurrency
Trading.com
- Minimum deposit · USD
- 50 USD
- Different platforms
- None listed
- Different markets
- None listed
Comparison Table of IC Markets and Trading.com
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Foundation Year | 2007 | 2018 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | United Kingdom, United States, Cyprus, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:500 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review |
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:
Trading.com Review
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
Reliability
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2007 | 2018 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | United Kingdom, United States, Cyprus, Australia |
| Regulators |
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.
Trading.com
Trading.com demonstrates a high level of reliability thanks to licenses from the FCA, NFA, CFTC, CySEC, and ASIC. However, the level of client protection may vary depending on the jurisdiction where the account is opened.
Pros
- Regulation in multiple countries
- Licenses from top-tier regulators
- High level of transparency
Account Opening
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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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.
Trading.com
Account opening at Trading.com is fast and convenient.
Account Types
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Account Types | 3.8/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.6 points |
| Max Leverage | 1:500 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | Yes | Yes |
| Swap-free Account | Yes | Yes |
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
Trading.com
Trading.com offers several accounts that satisfy most traders.
Pros
- Variety of account types.
- Minimum deposit of $5.
- Protection against negative balance.
Cons
- Lack of ECN accounts.
- No fixed spread accounts.
- No accounts for passive investing.
Commissions
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Commissions | 4.5/5 | 4.5/5 |
| Spread | from 0 points | from 0.6 points |
| Average Spread (EURUSD) | 0.62 | 0.7 |
| Commission | per 1 lot$3.50 | No data |
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.
Trading.com
Trading.com offers low commissions.
Pros
- No commission on trades.
- Tight spreads.
- No swap fees for major currency pairs.
Cons
- Inactivity fee.
Deposit and Withdrawal
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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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.
Trading.com
Trading.com offers convenient and cost-effective deposit and withdrawal methods.
Pros
- No fees for deposit and withdrawal.
- Fast processing of withdrawal requests.
- Multiple available methods.
Cons
- Lack of cryptocurrencies as a payment method.
Markets and Products
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 61 | 55 |
| Precious Metals | 7 | 2 |
| Energy Carriers | 5 | 5 |
| Soft Commodities | 8 | 8 |
| Indices | 25 | 14 |
| Stocks | 2175 | 1261 |
| ETF | 38 | - |
| Bonds | 10 | - |
| Cryptocurrency | 21 | - |
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading.com
Trading.com offers a diverse range of markets and products.
Pros
- Wide selection of stocks and currency pairs.
- Access to various global markets.
Cons
- Lack of cryptocurrencies.
- Low leverage (max. 1:30).
Trading Platforms
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Trading.com
Trading.com utilizes the reliable MT5 platform.
Pros
- Integration with robots and advisors.
- One-click trading, without requotes.
- Wide range of assets and analytical tools.
Cons
- Limited choice of platforms (only MT5).
Analytics
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Rating | 5/5 | 3/5 |
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.
Trading.com
The analytical material set on Trading.com is not impressive.
Pros
- A variety of instruments for American traders.
- Technical analysis and trading signals.
Cons
- Limited set of instruments for the UK.
- Lack of materials for beginners.
Education
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Rating | 5/5 | 2/5 |
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.
Trading.com
The educational materials on Trading.com are sparse and limited, especially for European clients.
Pros
- Availability of video tutorials.
- Guides for traders of different levels.
Cons
- No materials for European clients.
- Insufficient variety.
- Lack of webinars and podcasts.
Customer Support
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| Broker | IC Markets | Trading.com |
|---|---|---|
| Rating | 4.7/5 | 4.3/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
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
Trading.com
Trading.com's technical support operates 24/5 and offers multiple communication channels.
Pros
- Operates 24/5.
- Fast and competent responses.
- Multiple communication channels.
Cons
- Lack of messengers for quick communication.
Comparisons of IC Markets and Trading.com with other brokers
Conclusion
When choosing between IC Markets and Trading.com, 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: IC Markets or Trading.com?
IC Markets ranks higher than Trading.com 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: IC Markets or Trading.com?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — IC Markets or Trading.com?
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 IC Markets and Trading.com?
IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. Trading.com: MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with IC Markets and Trading.com?
IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Trading.com: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks. Full lists and differences are in the “Markets” section.
What account types are offered by IC Markets and Trading.com?
IC Markets: Standard, Raw Spread cTrader, Raw Spread. Trading.com: CFD. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IC Markets and Trading.com?
IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. Trading.com: Neteller, Skrill, Bank Transfer, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — IC Markets or Trading.com — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
