Compare eToro vs IC Markets

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

eToro vs IC Markets
open account	Visit broker 75% of retail CFD accounts lose money	Visit broker 74-89% of retail CFD accounts lose money
overall rating	4.6	4.4
overall pros	Free stock and ETF trading Seamless account opening Social trading experience	Low forex fees Easy and fast account opening Free deposit and withdrawal
overall cons	High forex fees Withdrawing money can be slow Only one account base currency	No investor protection No negative balance protection Only forex, CFD and crypto trading
fees	4.2 Low trading fees Free stock trading Low CFD fees High forex fees Withdrawal fee	4.3 Low trading fees Low non-trading fees Low forex fees High financing rate for CFDs
account opening	5.0 Fast Fully digital Low minimum deposit	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	3.7 Credit/Debit card available No deposit fee User-friendly Only one account base currency $5 withdrawal fee Conversion fee for non-USD deposits	4.9 Credit/Debit card available Free withdrawal No deposit fee
web trading platform	4.4 User-friendly Clear fee report 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	4.9 User-friendly Two-step (safer) login Good search function No Touch/Face ID login	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login No order confirmation
desktop trading platform		3.3 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	3.8 Stock ETF Forex CFD Crypto	1.7 Forex CFD Crypto
research	3.5 Good interactive chart Trading ideas User-friendly Analyst recommendations No fundamental data available No/poor quality news flow	3.8 Trading ideas Quality news flow User-friendly No fundamental data available
customer service	3.5 Live chat Fast response time Relevant answers No phone support No 24/7 support Live chat is offline quite often	3.6 Phone support Live chat Fast response time Slow and irrelevant live chat
education	2.5 Demo account Intro guide to the platform Basic educational videos	4.5 Demo account Trading platform tutorial Educational videos
safety	Majority of clients belong to a top-tier financial authority Negative balance protection Well-known fintech startup Does not hold a banking license Not listed on stock exchange Financial information is not publicly available	Majority of clients belong to a top-tier financial authority In operation for a long time No investor protection No negative balance protection Does not hold a banking license
recommended for	Traders interested in social trading (i.e. copying other investors’ trades) & zero commission stock trading	Forex traders who value easy account opening and free deposit/withdrawal options

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