IC Markets Vs. CMC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

• Professional traders looking for Interbank rates
• High volume traders that will save great amounts of costs with their low spreads and commissions

• Professional high volume traders looking to offset the cost of commissions through larger trades
• Intermediate and professional traders looking for a professional custom platform with customisable layouts

• ASIC (Australia)
• CySec (Cyprus)
• FSA (Seychelles)

• ASIC (Australia)
• FCA (UK)
• IIROC (Canada)
• MAS (Singapore)
• BaFin (Germany)

• Customisable leverage per asset before opening trades
• Interbank rates and low commissions
• Great platform variety

• Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
• Powerful professional platform with customisable layouts and integrated reuters feed

• Avaliable assets are limited (Also No ETFs)
• No ability to purchase real stocks or cryptocurrencies, only CFDs

• High commissions on stocks and ETFs
• Platform is not beginner friendly

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Bank Transfer
• Bitcoin
• Sofort
• Paypal
• Neteller
• Skrill

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, CA, IL.

US, JP, SY, ZA, IR.

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.