IC Markets
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76.27% of retail CFD accounts lose money.

Vs.

eToro
Visit

78% of retail CFD accounts lose money.

IC Markets Vs. eToro - Compare and Choose the Right One

Updated Nov 14 2022

Visit

76.27% of retail CFD accounts lose money.

Visit

78% of retail CFD accounts lose money.

Overview

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.

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

Best For
  • Professional traders looking for Interbank rates
  • High volume traders that will save great amounts of costs with their low spreads and commissions
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
The Good
  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
The Bad
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • 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.

📍 Year Founded
2007 2007
💳 Minimum Deposit Range
$200 From $5 to $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Bitcoin
  • Sofort
  • Paypal
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, CA, IL.

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
1,737 4,245
Exchange Access
0 0
📙 Real Stocks
0 2,000
📙 Stock CFDs
1,600 2,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
61 47
📗 Commodities
0 0
📗 Commodities CFDs
22 14
📕 Indices
0 0
📕 Indices CFDs
25 13
📔 ETFs
0 0
📔 ETFs CFDs
0 145
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
18 26
📒 Bonds
0 0
📒 Bonds CFDs
11 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable $50
📉 Minimum ETFs Trade Size
Unavailable $50
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) $50
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
📺 cTrader
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
None

After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

💰 Deposit Fees
None

$5 per withdrawal.

💰 Withdrawal Fees
None None
💰 Commissions

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.

None
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips Dynamic - From 1 Pip
📉 SP500
Dynamic - From 20 to 45 Pips Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Unavailable Dynamic - From 0.09%
📉 BTC
Dynamic - From $8.7 to $42 Dynamic - From 0.75%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No Yes
📡 Account Management
No Yes
📡 Webinars
No No