ETX Capital vs. IC Markets Comparison

This comparison overview helps users who have a hard time to select in between ETX Capital and IC Markets to locate the best online broker for their trading and investment requirements. It evaluates the highlights of the two brokers alongside to aid users contrast their service and make an educated choice.

To assist users pick the ideal broker between ETX Capital and IC Markets to discover the best-suited system, listed below is a list of broker’s pros and cons, followed by a comparison of their major trading attributes, including trading platforms & tools, costs, mobile trading, down payment & withdrawal, possessions, law, and consumer assistance.

ETX Capital vs. IC Markets: Summary

ETX Capital logo

ETX Capital is a UK based brokerage firm founded in 1965. It offers access to over 6000 tradable instruments including shares, forex, commodities, crypto and CFDs. ETX Capital offers a variety of trading platforms and features including a pro version platform, copy trading app and MT4 integration.

ETX Capital charges competitive trading fees and offers multiple advanced order types including GTC, GSLO, and OCO.

ETX Capital customer service is available 24-7 through email, live chat, and phone.

IC Markets logo

IC Markets is a reputable forex and CFD broker regulated by two tier-one regulators (the ASIC and CySEC). They allow users to trade on over 3,500 symbols including 61 forex pairs and dozens of CFDs on cryptocurrencies, shares and indices.

IC Markets features multiple trading platforms and third party plugins including MetaTrader 4 (MT4), MetaTrade 5 (MT5), cTrader, myfxbook and AutoTrade. They also offer scalable order execution options without requotes and possibilities to place trades within the spread, which makes IC Markets an interesting choice for algorithmic traders.

IC Markets trading fees are among the lowest in the industry. They charge an average spread of 0.2 pips (EUR/USD) without extra commission. They also offer discounts to active traders with a trade volume above 100 lots/month.

IC Markets customer service is available by email, phone, and live chat in English, Arabic, and several other languages.

Pros

  • Low spreads from 0.6 pips EUR/USD
  • Compatibility with MT4
  • Great choice of different trading platforms (desktop and mobile)
  • Fast account opening
  • Very good for Research and Education

Cons

  • The offer (and choice) of trading instrument could be better

Pros

  • MT4, MT5 and cTrader integration
  • Competitive spreads from 0,0 pips EUR/USD
  • Copy trading features (DupliTrade and Zulutrade)
  • Up to 1:500 leverage
  • Free Equinix NY4 VPS server

Cons

  • Limited educational material
  • Limited availability of assets
  • No research and analysis tools

Key features

  • Low overall trading fees
  • Compatibility with MT4
  • Wide range of educational materials
  • Low, floating spreads
  • Advanced order types
  • Free unlimited demo trading account

Key features

  • Access to over 2,000 CFDs on forex, cryptos and stocks
  • Compatible with MT4, MT5 and cTrader
  • Islamic swap-free account availability
  • Raw spreads from 0,0 pips EUR/USD
  • Fast and reliable trade execution
  • Access to Expert Advisors (EA’s) and other forms of automated trading

ETX Capital vs. IC Markets Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
ETX Capital logo

ETX Capital

Open account Read review

73.85% of retail CFD accounts lose money

IC Markets logo

IC Markets

Open account Read review

73.59% of retail CFD accounts lose money

BROKER COMPARISON

ETX Capital logo
IC Markets logo

Overall rating

4,1/5

4,5/5

Overall rating

4,1/5

4,5/5

Trading Platform & Tools

4.2

4.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 400:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

4.7

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 $3.5 per lot
Cost Per Month 0 0
Forex (EUR/USD) 0.6 pips 0
Stocks & ETF 0.4 pips 0
CFD (Gold) 0.4 pips 0
Crypto Variable 0
Options 0 0
Conversion Fees
Misc. Fees 0
Overnight Fees 0

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

4.8

See details
Minimum deposit (in UAE) $100 $200
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.0

3.6

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 62 61
CFD Indices & Funds 30 25
CFD Stocks 5000 730
CFD Commodities 29 22
CFD Crypto 4 18
CFD Bonds 11 11
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.5

3.7

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

ETX Capital vs. IC Markets Comparison Conclusion

The outcomes of our contrast of ETX Capital vs. IC Markets are involved the table listed below.

Broker:Best For:
ETX CapitalForex and CFD trading
IC MarketsForex and CFDs; Algorithmic Trading

Choosing the best choice between ETX Capital and IC Markets can be challenging. Both online brokers have similarities but differ pertaining to trading instruments, platforms & applications, policy, down payment & withdrawals, and research and education and learning. Selecting the most effective broker relies on customers’ trading & financial investment goals, private choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

This site is registered on wpml.org as a development site.