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 | IC Markets |
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Forex.com is ranked #10 among CFD brokers. | IC Markets is ranked #4 among CFD brokers. |
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. |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
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 | |
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 | |
Android App Rating | |
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 | |
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Commodities | |
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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 maintains its status as a leading foreign exchange broker, providing access to more than 80 currency pairs at highly competitive rates. Standout features include EUR/USD spreads starting at 0.0 and a $5 commission per $100k traded. Additionally, its SMART Signals feature aids traders by pinpointing price trends in major global markets. | 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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Forex.com | IC Markets |
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