IC Markets
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75.93% of retail CFD accounts lose money.

Vs.

Valutrades
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66% of retail CFD accounts lose money.

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

Updated May 26 2022

Visit

75.93% of retail CFD accounts lose money.

Visit

66% 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.

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities 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
  • Currency traders looking for an ECN broker
  • Professional currency traders looking for an API offering
  • Traders looking for a narrow range of commodities, cryptocurrencies 
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FSAS (Seychelles)
  • FCA (UK)
The Good
  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
  • Scalping is allowed (great for professional traders)
  • Competitive commissions of $3 per lot round turn
  • Access to ECN or DMA accounts 
The Bad
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
  • Asset offering is poor (only 80 instruments and no stocks or ETFs)
  • Doesn’t have its on trading application
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 documents (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 2012
💳 Minimum Deposit
$200 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Bitcoin
  • Sofort
  • Paypal
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Maestro
  • American Express
  • AstroPay
  • Diners
  • SticPay
  • PayPal
  • Skrill
  • Neteller e-wallets
  • Wire transfers
  • Giropay
  • iDEAL
  • JCB
  • Klarna
  • POLiPaysafecard
  • Przelwy24
  • Rapid Transfer
  • AliPay
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IL. US, IR, SY
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

CFDs on currencies, commodities, indices and cryptocurrencies

📙 Stocks
1,600 + N/A
📘 Currency Pairs
61 73
📗 Commodities
22 5
📕 Indices
25 25
📔 ETFs
N/A N/A
💸 Cryptocurrencies
18 4
📒 Bonds
11 N/A
📓 Options
N/A N/A
📗 Futures
4 46
📝 Notes:
All ICMarkets assets are CFDs.

All of Valutrades assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) Varies per cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) Varies per commodity (eg: 0.01 Contracts of Gold)
📉 Minimum Bonds Trade Size
Varies by Bond N/A
📈 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 1:500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

Three free withdrawals a month, then 5% processing fee

💰 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 (Eg: Forex commission of $3 per side with ECN account)

Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips Dynamic - From 0.1 Pips
📉 SP500
Dynamic - From 20 to 45 Pips Dynamic - From 34 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 22 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $8.7 to $42 Dynamic - From $90
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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