IC Markets vs FXTM
IC Markets or FXTM – which is better for UK traders 2025? Compare IC Markets and FXTM in this detailed breakdown of their platforms, features and fees.
| IC Markets | FXTM |
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| IC Markets is ranked #5 among CFD brokers. | FXTM is ranked #69 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. | FXTM, founded in 2011, is a forex and CFD broker operating worldwide. Regulated by top authorities such as the FCA, it provides a secure trading environment. With over 1,000 markets and three account types, FXTM accommodates traders of all experience levels. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | Yes |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | CFDs, Forex, Commodities, Indices, Stocks, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $200 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, FSA, CMA | FCA, FSC, CMA |
| 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. |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the broker also supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| 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 | Yes |
| PAMM Account | |
| Yes | Yes |
| 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 | Yes |
| 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 | No |
| 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 | |
| Yes | No |
| Trade Signals | |
| Signal Start | Yes |
| 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 | $10 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| 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. | FXTM provides CFDs in over 600 instruments, including forex, stocks, commodities, indices, and location-dependent crypto, with recently reduced spreads. Experienced traders can access industry-leading leverage of up to 1:3000 via Exinity Ltd, enhancing potential returns but requiring careful risk management. |
| Leverage | |
| 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | 1:30 |
| FTSE Spread | |
| 1.0 | 0.8 |
| GBPUSD Spread< | |
| 0.23 | 0.1 |
| Oil Spread | |
| 0.03 | 5.0 |
| Stocks Spread | |
| 0.02 | 0.1 |
| 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. | FXTM excels with a robust offering of more than 60 currency pairs, outperforming rivals such as AvaTrade. Its six currency indices provide traders with excellent options for forex diversification. Additionally, the ECN account delivers ultra-competitive spreads from 0 pips on major currencies and features attractively low commission rates of only $3.50 per lot. |
| Assets | |
| 75 | 60+ |
| GBPUSD Spread | |
| 0.23 | 0.1 |
| EURUSD Spread | |
| 0.02 | 0.0 |
| EURGBP Spread | |
| 0.27 | 0.0 |
| Currency Indices | |
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| 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. | Trade cryptocurrency CFDs on 11 popular digital tokens like Bitcoin, Avalanche, and Dogecoin. Benefit from competitive floating spreads and low minimum lot sizes starting at 0.01, ideal for both new traders and seasoned investors. |
| Spread | |
| BTC 42.036 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| IC Markets | FXTM |
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