IC Markets vs. TradeStation Comparison

This comparison overview aids individuals that struggle to pick in between IC Markets and TradeStation to locate the best online broker for their trading and financial investment requirements. It analyzes the main features of both brokers side-by-side to aid individuals compare their service and make an informed choice.

To help individuals select the right broker in between IC Markets and TradeStation to locate the best-suited system, below is a list of broker’s pros and cons, complied with by a contrast of their major trading attributes, consisting of trading systems & devices, charges, mobile trading, down payment & withdrawal, assets, law, and client assistance.

IC Markets vs. TradeStation: Summary

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.

Tradestation Global logo

Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.

Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).

Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.

TradeStation’s customer support is available by phone, email and live chat in English and Arabic.

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

Pros

  • Low minimum deposit ($0)
  • 0% commission stock and ETF fees
  • Extensive charting tools and features
  • Fast and reliable order execution
  • Trading automatisation capabilities
  • Vast stock scanning tools

Cons

  • Research and education section could be better

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

Key features

  • $0 commission/stock trades(up to 15,000 shares)
  • Vast market coverage(5,000 international stocks and ETFs)
  • Fast and reliable order execution
  • Great Fundamental Research and Analysis Tools
  • Extensive Charting Tools and Features
  • Access To Back-Testing and Automated Trading

IC Markets vs. TradeStation Comparison

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IC Markets logo

IC Markets

Open account Read review

73.59% of retail CFD accounts lose money

Tradestation Global logo

TradeStation

BROKER COMPARISON

IC Markets logo
Tradestation Global logo

Overall rating

4,5/5

4,9/5

Overall rating

4,5/5

4,9/5

Trading Platform & Tools

4.4

4.9

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

Fees

4.7

4.8

See details
Withdrawal Fee 0 $35
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade $3.5 per lot 0
Cost Per Month 0 $4
Forex (EUR/USD) 0 0.6 pips
Stocks & ETF 0 $0.007 per share
CFD (Gold) 0 0
Crypto 0 0
Options 0 $5 + £0.60 per contract
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

4.8

4.9

See details
Minimum deposit (in UAE) $200 $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account)
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.6

5.0

See details
Shares 0 5 markets
ETF & Funds 0 2300
Crypto 0 11
Commodities 0 0
Indices 0 0
Options 0 10 Markets
Futures 0 11 Markets
Bonds 0 630
Forex 61 0
CFD Indices & Funds 25 0
CFD Stocks 730 0
CFD Commodities 22 0
CFD Crypto 18 0
CFD Bonds 11 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 1

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.8

4.8

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

Customer Support

3.7

5.0

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

Winner

IC Markets vs. TradeStation Comparison Conclusion

The results of our contrast of IC Markets vs. TradeStation are wrapped up in the table listed below.

Broker:Best For:
IC MarketsForex and CFDs; Algorithmic Trading
TradeStationStock trading; Active traders

Selecting the right option in between IC Markets and TradeStation can be challenging. Both on-line brokers have resemblances however differ pertaining to trading instruments, platforms & applications, guideline, deposit & withdrawals, and research study and education and learning. Choosing the most effective broker relies on users’ trading & financial investment objectives, specific preferences, and experience level.

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.

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