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Forex.com vs IC Markets

Forex.com or IC Markets – which is better for UK traders 2025? Compare Forex.com and IC Markets in this detailed breakdown of their platforms, features and fees.

Forex.com vs IC Markets Comparison Table 2025
Forex.com	IC Markets

4.4	4.8
Forex.com is ranked #10 among CFD brokers.	IC Markets is ranked #4 among CFD brokers.
Review	Review
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms.	IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.
Pros
With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform. The in-house Web Trader remains a standout platform, excellently crafted for budding traders. It features a sleek design and offers more than 80 technical indicators for thorough market analysis. FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders. An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.	IC Markets provides some of the industry's narrowest spreads, offering 0.0-pip spreads on major currency pairs. This makes it an extremely cost-effective choice for traders. As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience. In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience. IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience. Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
Cons
Although FOREX.com has expanded its range of instruments, its product offering is confined to forex and CFDs. Consequently, there are no investment options for actual stocks, ETFs, or cryptocurrencies. FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms. Funding choices are restricted when compared to top options such as IC Markets. Many popular e-wallets, including UnionPay and POLi, are noticeably absent. US clients are not protected against negative balances, which means you could end up owing more than your initial deposit. Demo accounts are typically limited to 90 days, hindering effective strategy testing.	IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes. The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders. Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals. Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable. Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
Awards
	Best MT4/MT5 Broker 2025 - DayTrading.com Best MT4/MT5 Broker 2023 - DayTrading.com Best Forex Broker 2022 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Trading App 2020 - DayTrading.com
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$100	$200
Payment Methods
ACH Transfer Credit Cards Debit Card Mastercard Neteller Skrill Visa Wire Transfer	Credit Cards Klarna Mastercard Neteller PayPal Rapid Transfer SafeCharge Skrill Swift Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA	ASIC, CySEC, FSA, CMA
Mobile Apps
iOS & Android	iOS & Android
Trading App
Alongside the MT4 and Web Trader platforms, the FOREX.com app provides comprehensive trading features in a user-friendly, compact package. With integrated news, analysis, and real-time alerts, it excels on mobile. It surpasses MT4 in mobile charting, offering over 80 indicators and 11 chart types, alongside a more streamlined design.	IC Markets provide mobile apps for their cTrader, MT4, MT5, and TradingView platforms. Developed separately for Android and iOS, these apps leverage each system's unique capabilities. Featuring raw pricing and spreads from 0.0, they offer superb tools for every trader level. What truly distinguishes them is maintaining IC Markets’ renowned rapid execution speed within the apps. This ensures a professional and highly responsive trading experience.
iOS App Rating
3.6	3.1
Android App Rating
3.8	4.2
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
No	Yes
Copy Trading Platform
	Introduced in February 2023, the IC Social app provides an easy platform for learning, sharing, and replicating the trades of other traders with minimal effort. The app also includes risk management features and supports specialised trading groups. Alternatively, IC Markets offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy.
Social Trading
No	Yes
Trade Signals
	Signal Start
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$15	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY CHF PLN	USD EUR GBP CAD AUD NZD JPY CHF HKD SGD
Commodities
Gold Oil Silver Cotton Livestock Soybeans Coffee Natural Gas Sugar Wheat Orange Juice Lean Hogs Cattle	Gold Oil Silver Orange Juice Cocoa Coffee Corn Soybeans Sugar Wheat Natural Gas
CFD
With options for both long and short positions on over 5,500 CFDs in forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com stands out. The platform's unique Web Trader delivers an outstanding experience, featuring more than 80 technical indicators and average execution speeds of merely 20 milliseconds, providing an ideal setting for dedicated traders.	Trade over 2,250 CFDs anytime from Monday to Friday across key markets, including forex, commodities, indices, stocks, and bonds. IC Markets leverages deep liquidity and cutting-edge bridge technology to offer ideal trading conditions for scalpers, hedgers, and algorithmic traders.
Leverage
1:30	1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
1.0	1.0
GBPUSD Spread<
1.3	0.23
Oil Spread
2.5	0.03
Stocks Spread
0.14	0.02
Forex
FOREX.com remains a leading FX broker, providing 80 currency pairs with highly competitive fees. EUR/USD spreads can reach as low as 0.0, with a $7 commission per $100k, making it a standout choice.	IC Markets remains dedicated to offering tight 0.0-pip spreads on major currency pairs like EUR/USD, ensuring outstanding execution with an average speed of 35 milliseconds. Ideal for traders seeking high performance, those dealing in large volumes can also enjoy rebates of up to $2.50 per forex lot.
Assets
84	75
GBPUSD Spread
1.3	0.23
EURUSD Spread
1.2	0.02
EURGBP Spread
1.4	0.27
Cryptocurrency
You can trade over 8 cryptocurrencies against USD, EUR, GBP, and AUD with tight spreads, without needing a virtual wallet. Traders can automate their crypto transactions using Expert Advisors (EAs).	IC Markets provides a range of over 20 cryptocurrencies for trading through CFDs, featuring less common tokens like Avalanche, Kusama, and Uniswap. Traders can enjoy commission-free transactions and experienced individuals can utilise high leverage up to 1:200 via the MetaTrader platforms.
Spread
BTC 1.4%, ETH 2%	BTC 42.036
Coins
BTC BCH ETH LTC XRP	BTC BCH DOT DSH EMC EOS ETH LNK LTC NMC PPC XLM XRP ADA BNB DOG UNI XTZ
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Forex.com	IC Markets
Review	Review
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