IC Markets
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73.59% of retail CFD accounts lose money

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Markets.com
Visit

70% of retail CFD accounts lose money

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

Updated Nov 25 2021

Visit

73.59% of retail CFD accounts lose money

Visit

70% of retail CFD accounts lose money

Overview

ICMarkets 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.

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

Best For
  • Professional traders looking for Interbank rates
  • High volume traders that will save great amounts of costs with their low spreads and commissions
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
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The Good
  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
The Bad
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
  • Minimum trade sizes larger than average
  • Spreads above average
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.

🏛 Financial Regulators
Cyprus Securities and Exchange Commission
Australian Securities and Investments Commission
Financial Services Authority Seychelles
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Sector Conduct Authority
📍 Year Founded
2007 2008
💳 Minimum Deposit
$200 $, €, £ - 100
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Bitcoin
Sofort
Neteller
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IL. US, JP, CA, BE.
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
Stocks
Currencies
Cryptocurrencies
Commodities
ETFs
Indices
Bonds
CFDs
📙 Stocks
1600 + 7000 Stocks / 2008 Stock CFDs
📘 Currency Pairs
61 67
📗 Commodities
22 28
📕 Indices
25 40
📔 ETFs
N/A 66
💸 Cryptocurrencies
18 25
📒 Bonds
11 4
📓 Options
N/A NA
📗 Futures
4 NA
📝 Notes:
All ICMarkets assets are CFDs. Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock 1 Stock
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
Varies by Bond Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 Minimum Futures Trade Size
Varies by Future N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:300
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No - You can't log in through TradingView but their internal platform uses TradingView Charts
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No Yes, $10 each month after 3 months of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 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.

No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips 0.7 Pips
📉 SP500
Dynamic - From 20 to 45 Pips 100 Pips
📈 GOLD
Dynamic - From 30 Pips 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread $1.81
📈 XLK (ETF - CFD)
N/A $0.31
📉 BTC
Dynamic - From $8.7 to $42 $104.10
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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