IC Markets vs Markets.com Comparison

IC Markets vs Markets.com Broker Comparison

IC Markets versus Markets.com Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, Web Trader & Apps2000+FCA, ASIC, CySEC, FSCA
$200MT4, MT5, cTrader230+FCA, ASIC, CySEC, FSA

IC Markets and Markets.com Comparison

IC Markets is an ECN broker with a trading infrastructure focused on high speed order processing without dealing desk intervention. Markets.com offers a web trader with more markets to trade and a relatively wide range of trading tools on the platform. IC Markets has supports for social and copy trading. Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5). IC Markets additionally provides cTrader.

IC Markets is regulated by the ASIC in Australia, the CySEC in Cyprus and the FSA in the Seychelles.

Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa. Markets.com UK is operated by TradeTech Alpha Limited which is regulated by the FCA in the United Kingdom. Markets.com UK is operated by TradeTech Alpha Limited which is regulated by the FCA in the United Kingdom.

Quick comparison

Both brokers offer MT4 and MT5. IC Markets additionally provides cTrader. Markets.com additionally offers a web trader with more markets to trade.

Minimum deposit and account types

The minimum deposit for IC Markets is $200. The minimum deposit for Markets.com is $100.

  • Markets.com offers a wide range of tools accessible from its trading platform, including Events & Trade (an economic calendar with trading opportunities and affected instruments), Financial Commentary, Financial News, Trading Central, Multi-Symbol Charts, Insider Trades, Analyst Recommendations, Bloggers Opinions, Hedge Fund Confidence, XRay (expert views), Video Tutorials Education on Demand and MARKETS View. For a minimum deposit of $250, Markets.com offers MARKETSX which provides its user friendly web trader with additional VIP support and can offer reduced spreads.
  • IC Markets offers the Standard, Raw Spread, Islamic (Swap Free) and cTrader Raw accounts. IC Markets provides market analysis, Web TV (market commentary and trade ideas in a video), educational articles and video tutorials and an economic calendar on its website. IC Markets provides ZuluTrade and Myfxbook for social and copy trading. IC Markets uses Equinix NY4 and London LD5 Servers to deliver low latency trading conditions and has micro (0.01) lot trading.
  • IC Markets's Standard account does not charge a commission, but the Raw Spread and cTrader Raw accounts charge a commission. Scalping, hedging and automated trading are allowed.

Markets

  • Markets.com offers Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Bonds, Stocks, ETFs and Metals, with 2000+ available.
  • IC Markets offers Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Bonds, Stocks, ETFs and Precious Metals, with 230+ available.

Cryptocurrency CFDs

  • IC Markets provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Emercoin, Namecoin, Peercoin and EOS.
  • Markets.com provides Bitcoin Futures, Ethereum, Litecoin, Ripple, Bitcoin Cash and Dash.

Spreads and leverage

  • Spreads at IC Markets are variable and are from 0.0 for EUR/USD, 1 for UK100, 0.0 for Gold, and 0.04 for US Crude Oil. For the Standard account EUR/USD spreads are from 1.
  • Markets.com's WebTrader spreads are fixed, from 2 for EUR/USD, 1.2 for UK100, 0.70 for Gold and 0.03 for US Crude Oil.
  • Markets.com's MT4 spreads are fixed, from 3 for EUR/USD, 2 for UK100, 0.70 for Gold and 0.05 for US Crude Oil.

Maximum leverage for IC Markets (CySEC regulated) is . Maximum leverage for IC Markets (ASIC or FSA regulated) is 500:1. Maximum leverage for Markets.com (FCA or CySEC regulated) is .

Commissions

IC Markets charges a commission of $3.50 per lot per side for the True ECN account and the cTrader account charges a commission of $3 per 100,000 USD traded per side.

Markets.com does not charge commissions.

Online trading platforms

Markets.com provides a web trader, MT4 and MT5. IC Markets provides MT4, MT5 and cTrader. These platforms are available for desktop, tablet and mobile.

Why IC Markets or Markets.com ?

Traders who want to trade on a user friendly web traders with thousands of markets to trade can find such a platform at Markets.com. Those who want to trade on MT4 and MT5 can find these platforms at either broker. IC Markets additionally offers cTrader and is an ECN broker.

Comparison summary

  • IC Markets is an ECN broker
  • Both offer MT4 and MT5
  • IC Markets also provides cTrader
  • Markets.com additionally provides a web trader
  • On its web trader, Markets.com has considerably more markets to trade
  • IC Markets offers a competitive number of markets for an ECN broker
  • Markets.com has a relatively wide range of trading tools on its platform
  • IC Markets supports social and copy trading

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