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Compare IC Markets vs TD Ameritrade

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

IC Markets vs TD Ameritrade
overall rating
4.5 / 5.0
4.5 / 5.0
overall pros
  • Low fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Solid research and education
  • Superb desktop trading platform
  • Great customer support
overall cons
  • No investor protection
  • No negative balance protection
  • Only forex, CFD, and crypto trading is provided
  • High trading fees
  • No credit/debit cards and electronic wallets for money transfer
  • Only US markets covered
fees
5 stars
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
3 stars
  • No withdrawal fee
  • No inactivity fee
  • High trading fees
  • High financing rate
account opening
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
3 stars
  • User-friendly
  • Many account types
  • No minimum account balance for US clients
  • Not fully digital
deposit and withdrawal
5 stars
  • Credit/Debit card deposit and withdrawal
  • Free withdrawal
  • User-friendly
2 stars
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card deposit and withdrawal not available
  • Only one account base currency
web trading platform
4 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No two-step (safe) login
4 stars
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safe) login
  • Limited customizability (for workspace)
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Looks nice
  • No two-step (safe) login
4 stars
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safe) login
desktop trading platform
4 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safe) login
5 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safe) login
markets and products
1 stars
  • Forex
  • CFD
  • Crypto
3 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
4 stars
  • Good interactive chart
  • Good quality news flow
  • Analyst recommendations
  • No fundamental data available
5 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
customer service
4 stars
  • Relevant answers
  • Fast email and telephone support
  • 24/7 availability
  • Slow and irrelevant live chat
5 stars
  • Phone support
  • Live chat
  • Fast response time
education
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Good production quality
5 stars
  • Trading platform tutorial videos
  • Educational videos
  • paperMoney trading simulation/demo account
  • 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
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Additional insurance coverage
  • No negative balance protection
  • No investor protection in case of futures, forex
recommended for Forex traders preferring easy account opening and free deposit and withdrawals Investors and traders looking for solid research and well-equipped desktop trading platform

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