| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets provides trading on MT4, MT5, the easyMarkets platform (with tools such as dealCancellation) and on TradingView About |
| IC Markets | $200 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | 2500+ Markets To Trade | IC Markets allows a wide range of types of trading including scalping, automated trading and high volume trading About |
easyMarkets and IC Markets Comparison
Both allow automated trading on MT4 and MT5. IC Markets additionally provides cTrader while easyMarkets offers the user friendly easyMarkets Platform and TradingView. easyMarkets does not charge commissions (and has both fixed and variable spreads), while IC Markets has variable spreads from 0 plus a commission charge on its Raw account (along with rapid order processing).
Both easyMarkets and IC Markets are regulated by the ASIC in Australia, the CySEC in Cyprus and the FSAS in the Sychelles. easyMarkets is additionally regulated by the FSC in the British Virgin Islands.
Quick comparison
Both offer MT4 and MT5. easyMarkets additionally provides the easyMarkets Platform while IC Markets offers cTrader.
Minimum deposit and account types
The minimum deposit for easyMarkets is $25. The minimum deposit for IC Markets is $200.
- easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
- 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
- easyMarkets offers 275+, covering Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Stocks, Metals and Options.
- IC Markets offers 2500+, covering Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Stocks, Metals, ETFs and Bonds.
| Broker | Trading Platforms | Description |
|---|---|---|
| IC Markets Broker | MT4, MT5, cTrader Trading Platforms | IC Markets supports a wide range of trading and offers spreads from 0 plus a commission charge Description |
| easyMarkets Broker | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | easyMarkets provides fixed spreads on MT4, the easyMarkets Platform and TradingView and has variable spreads from 0.5 on MT5 Description |
Cryptocurrency CFDs
- easyMarkets provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Dash, Uniswap, Cardano, Polkadot, Chainlink, Solana, Dogecoin, Algorand, Zcash, OmiseGO, Polygon, Monero, Chiliz and Avalanche.
- IC Markets provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Dash, Uniswap, Cardano, Polkadot, Chainlink, Solana, Dogecoin, Tezos, Binance Coin, Namecoin, Emercoin, Peercoin and EOS.
Spreads and leverage
- easyMarkets offers Forex spreads from 0.7 fixed and 0.5 variable without a commission charge. IC Markets offers Forex spreads from 0.3 variable without a commission charge and from 0 variable with a commission charge.
Maximum leverage for easyMarkets (ASIC or CySEC regulated) is . Maximum leverage for IC Markets (ASIC or CySEC regulated) is . Maximum leverage for easyMarkets (FSA regulated) is 500:1. Maximum leverage for IC Markets (FSA regulated) is 500:1.
Commissions
easyMarkets does not charge commissions.
IC Markets charges a commission of $3.50 per lot per side for the MT4 and MT5 Raw Spread accounts while the cTrader Raw Spread account charges a commission of $3 per 100,000 USD traded per side.
Online trading platforms
easyMarkets offers MT4, MT5, the easyMarkets Platform and TradingView. IC Markets provides MT4, MT5 and cTrader.
Why easyMarkets or IC Markets ?
Traders who want to trade on MT4 or MT5 can do so at either. Traders who want to trade on a user friendly platform can do so on the easyMarkets Platform. Traders who want to trade on cTrader can do this at IC Markets. Traders who want to trade on TradingView can do so at easyMarkets. Those who want to use online trading robots can do so at either.
Comparison summary
- Both offer CFD trading
- Each provides MT4 and MT5
- IC Markets additionally offers cTrader
- easyMarkets additionally provides a the easyMarkets Platform and TradingView
- Both allow automated trading
- IC Markets has 2000+ Stocks CFDs and copy trading
- easyMarkets offers fixed (and variable) spreads
- IC Markets has spreads from 0 plus commission
