IC Markets vs Optimus Futures compared

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

IC Markets
Optimus Futures
IC Markets
4.5
74.32% of retail CFD accounts lose money
Optimus Futures
4.0

Last update of dataAug 2022

IC Markets

IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.

Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options.

Optimus Futures

Optimus Futures is a US-based introducing broker. It offers futures trading services at discount brokerage prices.

Recommended for day traders focusing on futures and technical trading.

IC Markets's service is slightly better than Optimus Futures's and a comparison of their fees shows that IC Markets's fees are similar to Optimus Futures's.

Account opening takes much less effort at IC Markets compared to Optimus Futures, deposit and withdrawal processes are much more seamless at IC Markets, while customer service quality is somewhat lower than Optimus Futures's.

Our experts rated the trading platform of IC Markets as being of the same quality as the platform of Optimus Futures, found that clients have access to slightly more markets and products with IC Markets, while Optimus Futures provides somewhat better research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options

Overall Score
4.0

Recommended for Day traders focusing on futures and technical trading

Country of origin

Australia

Country of origin

USA

Fees

Fees score
4.6
Fees score
4.8
Fees summary

Low trading and non-trading fees

Fees summary

Low trading, but high non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.9
Deposit and withdrawal score
1.1
Number of base currencies

10

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
2.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$200

*
Minimum deposit
*

$500

*
Time to open account

1 day

Time to open account

>3 days

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement / tax statement from last 3 months

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score
2.8
Web platform score
-
Mobile platform score
3.8
Mobile platform score
-
Desktop platform score
3.4
Desktop platform score
3.8

Markets and products

Markets and products score
2.4
Markets and products score
1.5
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
Options
Options
*
*
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 74.32% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.0
Research score
4.4
Charting quality

Mid-range

Charting quality

Great

Education score
4.5
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
3.6
Customer service score
4.5
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000 protection for customers under CySEC, no protection for others

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2007

Foundation date

2005

Country of regulation

Cyprus, Australia, Seychelles

Country of regulation

USA

IC Markets

For detailed information and hands-on experience, read our review of this broker.

Optimus Futures

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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