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Compare IC Markets vs Markets.com


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

IC Markets vs Markets.com
overall rating
4.5 / 5.0
4.2 / 5.0
overall pros
  • Low fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Low trading fees
  • Account open is seamless and fast
  • Innovative research tools
overall cons
  • No investor protection
  • No negative balance protection
  • Only forex, CFD, and crypto trading is provided
  • Limited product portfolio, only CFDs
  • Not FCA regulated, Cysec and FSB only
fees
5 stars
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
3 stars
  • Low trading fees
  • No withdrawal fee
  • Low financing rate
  • Inactivity fee
  • Not transparent fee structure
  • Financing rate calculation is non-transparent
account opening
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
  • $/€/£100 minimum funding
deposit and withdrawal
5 stars
  • Credit/Debit card deposit and withdrawal
  • Free withdrawal
  • User-friendly
5 stars
  • Credit/Debit card deposit and withdrawal
  • No deposit fee
  • Several account base currencies
  • None
web trading platform
4 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No two-step (safe) login
3 stars
  • User-friendly
  • Good search function
  • Available in several languages
  • No two-step (safe) login
  • Limited order types
  • No order confirmation
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Looks nice
  • No two-step (safe) login
4 stars
  • User-friendly
  • Good search function
  • Looks nice
  • No two-step (safe) login
  • Limited order types
  • No order confirmation
desktop trading platform
4 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safe) login
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markets and products
1 stars
  • Forex
  • CFD
  • Crypto
2 stars
  • Forex
  • CFD
  • Crypto
  • "Blends" which are CFD funds
research
4 stars
  • Good interactive chart
  • Good quality news flow
  • Analyst recommendations
  • No fundamental data available
4 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Good quality news flow
  • Good set of analytical tools
  • No fundamental data available
customer service
4 stars
  • Relevant answers
  • Fast email and telephone support
  • 24/7 availability
  • Slow and irrelevant live chat
5 stars
  • Live chat
  • Relevant answers
  • Available in local languages
  • No support on the weekends
education
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Good production quality
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Good production quality
  • Regulated by top tier financial authority
  • In operation for a long time
  • No investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Parent company is listed on the London Stock Exchange
  • Financial information is not publicly available
  • Not regulated by FCA or other top-tier regulators
recommended for Forex traders preferring easy account opening and free deposit and withdrawals Traders wanting to venture in CFD trading