Compare ETX Capital vs IC Markets


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

ETX Capital vs IC Markets
overall rating
4.2
4.4
overall pros
  • Free and multiple deposit and withdrawal options
  • Easy and fast account opening
  • Great educational tools
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • High trading fees
  • Only CFDs, forex, and crypto offered
  • Basic research tools
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
fees
2.4
  • No withdrawal fee
  • High forex fees
  • High financing rate
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
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
web trading platform
4.0
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No clear fee report available
  • No two-step (safer) login
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
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Outdated design
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.8
  • Forex
  • CFD
  • Crypto
1.8
  • Forex
  • CFD
  • Crypto
research
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
education
4.5
  • Demo account
  • Trading platform tutorial
  • No educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Long track record
  • Negative balance protection for EU customers
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform Forex and CFD traders who value easy account opening and free deposit/withdrawal options
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