IC Markets Vs. Trading 212 - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 76.27% of retail CFD accounts lose money.	Visit Majority 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.	Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.
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 to buy stocks or ETFs with their investing account Traders of all levels of experience looking to trade CFDs on shares
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FSA (Seychelles)	FCA (UK) CySec (Cyprus) FSC (Bulgaria)
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	Broad asset offering in their investing account (more than 10,000 assets) Friendly, smooth and simple proprietary platforms (both web and mobile) Great spreads on stocks and no commissions on investing accounts
The Bad
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation Asides from stocks, their asset offering lacks variety Very high forex spreads (1.4 Pips on EUR/USD)
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	2004
💳 Minimum Deposit Range
$200	From $1 to $10
💰 Payment Methods
Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill	Visa Mastercard Bank Transfer Paypal Neteller Skrill iDeal Apple Pay
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IL.	US, CA.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
1,737	13,615
Exchange Access
0	0
📙 Real Stocks
0	10,000
📙 Stock CFDs
1,600	1,526
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
61	179
📗 Commodities
0	0
📗 Commodities CFDs
22	25
📕 Indices
0	0
📕 Indices CFDs
25	35
📔 ETFs
0	1,800
📔 ETFs CFDs
0	50
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	0
📒 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	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$500 (0.005 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 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	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 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	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 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 1.4 Pips
📉 SP500
Dynamic - From 20 to 45 Pips	Dynamic - From 166 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.6
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $8.7 to $42	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No