IC Markets
FXTM

Regulations and Licenses

Feature
IC Markets
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
CMA (Kenya)
FSA (Seychelles)
FSC (Mauritius)

Brokerage

Feature
IC Markets
FXTM
EUR/USD Avg. Raw Spread
0.02
0.1
GBP/USD Avg. Raw Spread
0.23
2
AUD/USD Avg. Raw Spread
0.03
0.5
EUR/USD Standard Spread
0.82
2.1
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.03
2.5
AUD/USD Avg. Standard Spread
0.83
2.1
Commissions (USD Base)
$3.50
$4.00
Minimum Deposit
$200
$10
Swap Free Account
No Inactivity Fees
Funding Methods
15+
13+
No Funding Fees

Markets and Instruments

Feature
IC Markets
FXTM
Currency Pairs
61
58
Cryptocurrency CFDs*
23
-
Index CFDs
25
13
Share CFDs
2100+
1120
Commodities CFD
26+
11
Stockbroking
-
10+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max Leverage (Australia)
500:1
300:1
Retail Max. Leverage (United Kingdom)
-
30:1
Pro. Max. Leverage (United Kingdom)
-
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
500:1
300:1
Retail Max. Leverage (UAE)
-
30:1
Pro. Max. Leverage (UAE)
-
300:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
FXTM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
FXTM
Our Rating
93
62
 

Our full comparison covers the 10 most important trading factors. Here are ten key differences between IC Markets and FXTM:

  • IC Markets offers 18+ cryptocurrency CFDs.
  • IC Markets provides a maximum professional leverage of 500:1 in Australia.
  • IC Markets has two types of ECN accounts.
  • IC Markets’ minimum deposit across all account types is $200.
  • IC Markets is regulated by both ASIC (Australia) and CySEC (Cyprus).
  • FXTM offers three ECN account types.
  • FXTM is primarily regulated by CySEC.
  • FXTM provides multiple account types for all trading levels, including Cent, Standard, and ECN accounts.
  • FXTM offers tight spreads on ECN accounts, perfect for high-frequency traders seeking lower trading costs.
  • FXTM excels in offering extensive educational tools, including webinars, market analysis, and online courses.