Ingot Brokers vs IC Markets

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

Ingot Brokers vs IC Markets Comparison Table 2025
Ingot Brokers IC Markets
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3.8
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4.8
Ingot Brokers is ranked #38 among CFD brokers. IC Markets is ranked #5 among CFD brokers.
Ingot Brokers, established in 2006, is a well-regulated brokerage firm. It provides opportunities for CFD trading on over 1,000 instruments, encompassing forex, stocks, indices, commodities, and cryptocurrencies. The firm supports both MetaTrader 4 and MetaTrader 5 platforms, offering account options with raw spreads as well as commission-free trades. 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
  • Traders have access to the top-tier MT4 and MT5 platforms. Together, these platforms provide numerous advanced technical indicators and charting tools, facilitating comprehensive analysis.
  • Ingot Brokers provides a trading service that allows experienced strategy providers to earn passive income.
  • The modest minimum deposit of $100 and the absence of commission fees are attractive to novice traders.
  • Ingot Brokers is regulated by multiple authorities, including ASIC, a leading regulatory body.
  • Numerous free payment options exist, such as bank transfers and cryptocurrency transactions.
  • 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
  • The selection of over 30 currency pairs falls short of the industry standard and may not meet the needs of dedicated forex traders.
  • The broker's educational resources and market research lag behind most competitors.
  • The ECN account provides a more limited range of assets compared to other account types.
  • 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 Trading Experience APC 2021 - European Global Banking & Finance Awards
  • Most Trusted Forex Brand APAC 2021 - European Global Banking & Finance Awards
  • Most Trusted Forex Broker Asia 2021 - International Investors Awards
  • Best Online Trading Support Middle East 2021 - International Investors 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
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, JSC, FSA, CMA ASIC, CySEC, FSA, 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.

iOS App Rating
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4.8
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3.1
Android App Rating
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4.6
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4.2
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
No 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 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
Yes Yes
Copy Trading Platform
Ingot Brokers provides a customised trading app that allows users to replicate experienced traders' actions, featuring low fees and comprehensive performance insights. Novice traders can gain knowledge from experts, while the latter can earn additional income by sharing their trading strategies. 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
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Gold
  • Oil
  • Silver
  • Orange Juice
  • Cocoa
  • Coffee
  • Corn
  • Soybeans
  • Sugar
  • Wheat
  • Natural Gas
CFD
Ingot Brokers provides trading opportunities across over 1,000 instruments, including stocks, commodities, and cryptocurrencies. The MT4 and MT5 platforms come equipped with advanced features for active traders, such as various order types and built-in technical tools. 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
1:500 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
From 0 pip 1.0
GBPUSD Spread<
From 0 pip 0.23
Oil Spread
From 0 pip 0.03
Stocks Spread
From 0 pip 0.02
Forex
Ingot Brokers provides trading services for over 30 currency pairs on the MT5 platform with competitive raw spreads. Traders can freely employ short-term strategies such as hedging, scalping, and the use of Expert Advisors (EAs) without any restrictions. 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
30+ 75
GBPUSD Spread
From 0 pip 0.23
EURUSD Spread
From 0 pip 0.02
EURGBP Spread
From 0 pip 0.27
Cryptocurrency
You have access to 25 cryptocurrencies with USD pairings, such as BTC/USD and ETH/USD, along with smaller tokens like DOTUSD. While the broker lacks a crypto wallet and exchange, you can deposit using Bitcoin, Ethereum, or Tether without incurring any fees. 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
From 0 pip BTC 42.036
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DOT
  • EOS
  • LNK
  • DOGE
  • ADA
  • XLM
  • ATOM
  • AAVE
  • AVX
  • BNB
  • DASH
  • ENJ
  • FTM
  • MATIC
  • SNX
  • WAVE
  • XMR
  • XTZ
  • YFI
  • SOL
  • 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
Ingot Brokers IC Markets
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