Compare IC Markets vs Tastyworks


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

IC Markets vs Tastyworks
overall rating
4.4
4.7
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Low trading fees
  • Great educational materials
  • Good research tools
overall cons
  • No investor protection
  • No negative balance protection
  • Only forex, CFD and crypto trading
  • Only US options, futures, and stocks
  • Deposit and withdrawal options limited
  • No demo account
fees
4.0
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
5.0
  • Low trading fees
  • Low stock and ETF fees
  • No inactivity fee
  • Withdrawal fee for bank (wire) transfers
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
5.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
2.0
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Only one account base currency
web trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
3.0
  • Clear fee report
  • Price alerts
  • Order confirmation
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Not suited for beginners
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
4.0
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
4.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Not suited for beginners
markets and products
2.0
  • Forex
  • CFD
  • Crypto
2.0
  • Stock
  • ETF
  • Options
  • Futures
research
4.0
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
5.0
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
customer service
4.0
  • Phone support
  • Live chat
  • Fast response time
  • Slow and irrelevant live chat
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
5.0
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex traders who value easy account opening and free deposit/withdrawal options Options and futures traders focusing on US markets
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