IC Markets Vs. Freedom Finance - Compare and Choose the Right One


Visit 75.93% of retail CFD accounts lose money.	Visit Your capital is at risk.
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.	Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.
Best For
Professional traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and commissions	Real equities traders looking to day-trade stocks, options, futures and ETFs Long term investors looking to build a stocks or ETFs portfolio Experienced investors that know which assets they are looking for
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 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FSA (Seychelles)	CySec (Cyprus) BaFin (Germany) SEC (United States)
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	Over 1,500,000+ assets from several exchanges worldwide All assets are real equities (they do not provide CFDs) InvestIdeas section with great analysis on several high potential stocks 3% per year in their savings D-account (Daily interest accrual)
The Bad
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	The use of SMSs codes for authentication of basic operations can be an issue for frequent international travellers Freedom Finance does not offers currencies, cryptocurrencies or spot commodities No stock screener or tools to research and analyse stocks efficiently
Status
Operational	Operational
Recent News
N/A	N/A
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	2008
💳 Minimum Deposit
$200	0
💰 Payment Methods
Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill	Visa Mastercard Bank Transfers
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, IL.	SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities, cryptocurrencies and indices	Real stocks, ETFs, bonds, futures and options.
📙 Stocks
1,600 +	58,571
📘 Currency Pairs
61	N/A
📗 Commodities
22	N/A
📕 Indices
25	N/A
📔 ETFs
N/A	1,500
💸 Cryptocurrencies
18	N/A
📒 Bonds
11	191,959
📓 Options
N/A	1,153,234
📗 Futures
4	6,020
📝 Notes:
All ICMarkets assets are CFDs.	All of Freedom Finance’s assets are real equities, they do not provide CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock	1 Share
📉 Minimum ETFs Trade Size
N/A	1 ETF
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	N/A
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	N/A
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold)	N/A
📉 Minimum Bonds Trade Size
Varies by Bond	1 Contract
📈 Minimum Futures Trade Size
Varies by Future	1 Contract
📉 Minimum Options Trade Size
N/A	1 Contract
💪 Retail Leverage
Up to 1:30	Up to 1:3
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
No	No
💰 Deposit Fees
No	Yes, up to 2.5% for credit / debit cards.
💰 Withdrawal Fees
No	Yes, 7€ for bank transfers.
💰 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.	Yes and the vary per account: In their all inclusive USD account they charge, 0.5% + $0.012 per share with a minimum of $1.2 per trade $0.65 per USA stock options contract 12% for margin lending In their Smart in EUR account they charge, 0.02€ per share with a minimum of 2€ per trade $0.65 per USA stock options contract 12% for margin lending €0.05 for each SMS notification In their Fix in EUR account, they charge, 10€ Monthly account fee 0.012€ per share with a minimum of 1.2€ per trade $0.65 per USA stock options contract 12% for margin lending €0.03 for each SMS notification
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips	N/A
📉 SP500
Dynamic - From 20 to 45 Pips	N/A
📈 GOLD
Dynamic - From 30 Pips	N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	Dynamic - Market Spread
📉 BTC
Dynamic - From $8.7 to $42	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No