IC Markets vs Trade360 - Compare Trading Brokers

IC Markets vs Trade360 Broker Comparison

IC Markets versus Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200MT4, MT5, cTrader230+ASIC
$500MT4, ParagonEx120+CySEC

IC Markets and Trade360 Comparison - Fixed spreads and crowd trading at Trade360, variable spreads and ECN trading at IC Markets

While IC Markets is an ECN broker offering variable spreads, without or without a commission charge, Trade360 is a broker offering fixed spreads. While both provide MT4, cTrader also offers cTrader and MT5, and Trade360 provides PapragonEx. IC Markets is regulated by the ASIC in Australia, Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

IC Markets - ECN broker with MT4, MT5 and cTrader VS Trade360 - crowd trading broker with ParagonEx and also offering MT4.

Minimum deposit and account types

The minimum deposit for IC Markets is $200. The minimum deposit for Trade360 is $500.

  • IC Markets offers four account types. These are Standard, True ECN, Islamic (Swap Free) and the cTrader ECN account.
  • IC Markets's Standard account does not charge a commission, but the True ECN account charges a commission. The cTrader ECN also charges commissions.
  • IC Markets says that the True ECN and cTrader accounts are more suited to EAs and Scalpers, but all trading styles are welcome on each account type.
  • Trade360 offers five account types and an Islamic account. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT4 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000.
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 Live Chat and Whatsapp Support. MT4 is available for all account types except the Mini account. The Gold, Platinum and VIP accounts offer additionally personal push and SMS Notifications, exclusive market updates and SMS trading signals.

Markets

  • IC Markets offers Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Stocks, ETFs, Precious Metals and Bonds, with 230+ available.
  • Trade360 offers Currency Pairs, Indices, Energy, Soft Commodities, Cryptocurrencies, Stocks, ETFs and Metals, with 120+ available.

Cryptocurrency CFDs

  • IC Markets provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, EOS, Emercoin, Namecoin and Peercoin.
  • Trade360 provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, EOS, Bitcoin Gold, Ethereum Classic, Monero, OmiseGO, Iota, Zcash, Aventus, QTUM, Neo, YOYOW, ETP, Santiment, Streamr, Eidoo and QASH.

Spreads and leverage

  • Spreads at IC Markets are variable and are from -0.3 for EUR/USD on cTrader (0.0 on MT4), 1 for UK100, 0.3 for Gold, and 0.01 for US Crude Oil. For the Standard account EUR/USD spreads are from 1.
  • Trade360's spreads are fixed, from 1.8 for EUR/USD, 0.45 for Gold and 0.05 for US Crude Oil.

Maximum leverage for IC Markets is 500:1. Maximum leverage for Trade360 is .

Commissions

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

Trade360 does not charge commissions.

Platforms

Trade360 provides MT4 and the ParagonEx platform with crowd trading. IC Markets provides a web trader and MT4, MT5 and cTrader. These platforms are available for desktop, tablet and mobile.

Comparison summary

  • Trade360 offers fixed spreads
  • IC Markets offers variable spreads with and without a commission charge
  • IC Markets is an ECN broker
  • Trade360 provides crowd trading
  • IC Markets and Trade360 offer MT4
  • IC Markets additionally provides cTrader and MT5
  • Trade360 also offers ParagonEx

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