Compare Barclays vs IC Markets


Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against IC Markets!

Barclays vs IC Markets
overall rating
4.3
4.4
overall pros
  • Low fees
  • Solid company background
  • Great fundamental research
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
fees
4.3
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
4.1
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
account opening
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
web trading platform
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Stock
  • ETF
  • Fund
  • Bond
1.8
  • Forex
  • CFD
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
education
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
  • Long track record
  • Negative balance protection for EU customers
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Long-term investors looking for a broker with low fees and solid background Forex and CFD traders who value easy account opening and free deposit/withdrawal options
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