Compare IC Markets vs Webull


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

IC Markets vs Webull
overall rating
4.4
4.4
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Great trading platforms
overall cons
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat and poor phone support
fees
4.1
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
4.7
  • No commission (for stocks, ETFs, options)
  • ACH transfers are free for funding & payout
  • High wire transfer costs
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Mostly for just US residents
deposit and withdrawal
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Free ACH deposit and withdrawal
  • Credit/Debit card not available
  • Only one account base currency
  • High fees for wire transfer
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
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
5.0
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
markets and products
1.8
  • Forex
  • CFD
  • Crypto
1.7
  • Stock
  • ETF
  • Options
research
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
3.4
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • No/poor quality news flow
customer service
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
0.8
  • Platform message center quick and useful
  • No live chat
  • Slow phone support
  • No answer to emails
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
2.0
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • 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
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options Investors and traders looking for zero-commission trading and focusing on US markets
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