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


Visit 76.27% of retail CFD accounts lose money.	Visit 79% 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.	XTB is an international broker specialised in CFD trading and low cost forex spreads.
Best For
Professional traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and commissions	Experienced forex traders looking for low spreads Experienced stock traders looking for trading particular stocks under low spreads (with commission)
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) CMNV (Spain) UKNF (Poland)
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	Low forex & stock spreads Professional platform with customisable layouts
The Bad
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	No ability to remove or customise leverage High commissions on stocks & ETFs All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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	2002
💳 Minimum Deposit Range
$200	0
💰 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.	5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IL.	US, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
1,737	2,131
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
1,600	1,877
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
61	57
📗 Commodities
0	0
📗 Commodities CFDs
22	21
📕 Indices
0	0
📕 Indices CFDs
25	36
📔 ETFs
0	0
📔 ETFs CFDs
0	135
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	5
📒 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 trade value
📉 Minimum ETFs Trade Size
Unavailable	$50 trade value
📈 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 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	Varies by Commoditty (Eg: 0.01 Troy ounces 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	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 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	$10 monthly after 1 year of inactivity.
💰 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.	For Stocks and ETFs there is an 0.08% commission with $8 minimum.
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips	Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 20 to 45 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $8.7 to $42	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	Yes