Compare IC Markets vs Internaxx


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

IC Markets vs Internaxx
overall rating
4.4
3.3
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Great research by Morningstar
  • Outstanding investment fund offering
  • Good customer service
overall cons
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
  • High fees
  • Slow and not fully digital account opening process
  • Limited education materials
fees
4.1
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
1.4
  • Low fund fees
  • No withdrawal fee
  • High trading fees
  • High stock and ETF fees
  • Inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
1.3
  • No minimum deposit
  • Low minimum deposit
  • Slow
  • Not fully digital
  • Not user-friendly
deposit and withdrawal
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
2.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
3.3
  • User-friendly
  • Good search function
  • No two-step (safer) login
  • No price alerts
  • 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
1.8
  • Forex
  • CFD
  • Crypto
3.1
  • Stock
  • ETF
  • Fund
  • Crypto
research
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
customer service
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
0.5
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • Long track record
  • Negative balance protection for EU customers
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options Buy-and-hold investors with relatively large amounts to invest
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