IC Markets vs AdroFX

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

IC Markets vs AdroFX Comparison Table 2025
IC Markets AdroFX
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4.8
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2.9
IC Markets is ranked #5 among CFD brokers. AdroFX is ranked #54 among CFD brokers.
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. AdroFx, an offshore ECN/STP brokerage, has been providing CFD trading services since 2018. It offers over 100 assets for trading on the widely-used MetaTrader 4 platform and also on the Allpips web trader. There are eight live account options available, with no limitations on trading strategies.
Pros
  • 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.
  • Pro account holders receive complimentary VPS access to enhance automated trading on MT4, while other traders can obtain it starting at an affordable rate of £10.
  • With over 60 currency pairs available, this extensive range surpasses many competitors, offering ample opportunities for forex traders.
  • Efficient and knowledgeable customer support delivers tailored responses swiftly during testing.
  • AdroFx caters to traders by offering flexibility, allowing the use of scalping and other swift strategies without restrictions.
  • MetaTrader 4 is accessible, designed for experienced traders, offering a comprehensive charting suite.
Cons
  • 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.
  • Most payment methods incur hefty withdrawal fees, such as a 1.9% charge on card transactions. However, this cost is typically avoidable with leading trading brokers.
  • The firm has a low trust rating due to limited regulatory oversight and a brief track record, especially when compared to established brokers like IG.
  • With just over 100 instruments, the selection is limited, especially in stocks and cryptocurrencies. This narrow range restricts diversification, making the platform less appealing to seasoned traders.
  • The research tools provided are quite basic and offer limited insights into future events that could assist new traders in spotting opportunities. This is particularly evident when compared to more robust platforms such as eToro.
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
  • Best STP/ECN Broker 2022 - Forex Awards
  • Most Innovative Broker 2022 - Forex Awards
  • Fastest Growing Forex Broker Europe 2022 - International Business Magazine
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto Forex, CFDs, Indices, Shares, Metals, Cryptos
Bonus
100% Deposit Bonus up to $10,000
Demo Account
Yes Yes
Minimum Deposit
$200 $25
Payment Methods
Minimum Trade
0.01 Lots 0.0001 Lots
Regulator
ASIC, CySEC, FSA, CMA VFSC, FSA, BSSLA
Mobile Apps
iOS & Android iOS &; Android
Trading App

IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView  platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.

iOS App Rating
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3.1
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4.8
Android App Rating
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4.2
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4.6
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No 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, cBots on cTrader, Myfxbook AutoTrade Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes 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. You can utilise the broker's Allpips platform to replicate trades from seasoned investors. Many traders have become part of this community, and novices can begin with a deposit of just $100. However, it falls short compared to industry leaders like eToro, which boasts a highly dynamic social trading network.
Social Trading
Yes Yes
Trade Signals
Signal Start Smart Signals
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
$0 $5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Oil
  • Silver
  • Orange Juice
  • Cocoa
  • Coffee
  • Corn
  • Soybeans
  • Sugar
  • Wheat
  • Natural Gas
  • Gold
  • Silver
CFD
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. AdroFx provides a wide range of approximately 100 CFDs, covering stocks, cryptocurrencies, indices, and commodities. The platform is particularly attractive due to its high leverage options of up to 1:500, a feature not commonly available in strictly regulated markets. Moreover, it offers a commission-free pricing structure suited for novices. With CFDs, traders have the flexibility to speculate on price movements in either direction using a single product.
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) 1:500
FTSE Spread
1.0 From 9.0
GBPUSD Spread<
0.23 From 0.5
Oil Spread
0.03 N/A
Stocks Spread
0.02 From 3.0
Forex
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. AdroFx excels with its robust offering of over 60 currency pairs, available for trading with leverage up to 1:500. The broker provides competitive spreads starting from 0.4 pips and does not charge commission. Traders benefit from MetaTrader 4, an optimal platform for forex that supports technical analysis and algorithmic strategies effectively.
Assets
75 60+
GBPUSD Spread
0.23 From 0.5
EURUSD Spread
0.02 From 0.4
EURGBP Spread
0.27 From 1.5
Cryptocurrency
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. AdroFx provides only four cryptocurrency CFDs, with a Bitcoin spread of about $59, notably above the industry norm. This makes it unsuitable for dedicated traders. The broker operates purely for derivatives trading, not as an exchange or wallet, so you cannot own the crypto assets directly.
Spread
BTC 42.036 From 3.0
Coins
  • BTC
  • BCH
  • DOT
  • DSH
  • EMC
  • EOS
  • ETH
  • LNK
  • LTC
  • NMC
  • PPC
  • XLM
  • XRP
  • ADA
  • BNB
  • DOG
  • UNI
  • XTZ
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
IC Markets AdroFX
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