IC Markets
AvaTrade

Regulations and Licenses

Feature
IC Markets
AvaTrade
ASIC (Australia)
FSCA (South Africa)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
ADGM (Abu Dhabi)
CBI (Ireland)
FSA (Seychelles)
FSC BVI (British Virgin Islands)
SCB (Bahamas)

Brokerage

Feature
IC Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.02
-
GBP/USD Avg. Raw Spread
0.23
-
AUD/USD Avg. Raw Spread
0.17
-
EUR/USD Standard Spread
0.62
-
EUR/USD Fixed Spreads
-
0.90
GBP/USD Avg. Standard Spread
0.83
-
AUD/USD Avg. Standard Spread
0.77
-
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
15+
7+
No Funding Fees

Markets and Instruments

Feature
IC Markets
AvaTrade
Currency Pairs
61+
55+
Cryptocurrency CFDs*
18+
15+
Index CFDs
16+
33+
Share CFDs
100+
625+
Commodities CFD
26+
30+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
400:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
400:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (UAE)
-
400:1
Retail Max. Leverage (Canada)
-
Major Pairs 33:1
Minor Pairs 17:1
Retail Max. Leverage (New Zealand)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (New Zealand)
-
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
AvaTrade
Our Rating
850
640
 

How Do Avatrade Vs IC Markets Compare?

Our full comparison covers the 10 most important trading factors. Here are five key differences between IC Markets and AvaTrade:

  • AvaTrade only offers a standard account, whereas IC Markets provides both standard and STP-style accounts.
  • IC Markets generally has lower spreads on their standard accounts compared to AvaTrade.
  • Only IC Markets offers a straight-through-processing (STP) style account, giving traders access to extremely low spreads.
  • AvaTrade is more widely regulated than IC Markets, with registrations across multiple global regulatory agencies.
  • IC Markets boasts a significantly larger user base, averaging around 3.3 million visits per month in 2022, compared to AvaTrade’s 440 thousand visits in February 2022.