IC Markets
EasyMarkets

Regulations and Licenses

Feature
IC Markets
EasyMarkets
ASIC (Australia)
CYSEC (Cyprus)
FSA (Seychelles)
FSC BVI (British Virgin Islands)

Brokerage

Feature
IC Markets
EasyMarkets
EUR/USD Avg. Raw Spread
0.10
-
GBP/USD Avg. Raw Spread
0.70
-
AUD/USD Avg. Raw Spread
0.10
-
EUR/USD Standard Spread
0.62
-
EUR/USD Fixed Spreads
-
0.70
GBP/USD Avg. Standard Spread
0.82
AUD/USD Avg. Standard Spread
0.83
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$200 (Standard)
$3,000 (Premium)
$10,000 (VIP)
Swap Free Account
No Inactivity Fees
Funding Methods
15+
16+
No Funding Fees

Markets and Instruments

Feature
IC Markets
EasyMarkets
Currency Pairs
61+
62+
Cryptocurrency CFDs*
18+
17+
Index CFDs
16+
14+
Share CFDs
100+
26+
Commodities CFD
26+
31+
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
200:1
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

*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
EasyMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
EasyMarkets
Our Rating
85
48
 

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

  • IC Markets uses an Electronic Communication Network (ECN) Broker system, resulting in tighter spreads due to direct trading with liquidity providers.
  • easyMarkets, a traditional market maker, sets its own bid and offer prices, leading to wider spreads as it takes on more risk with its funds.
  • IC Markets charges a commission for each trade, whereas easyMarkets does not charge a commission and offers fixed spreads.
  • Both brokers offer MetaTrader 4, but IC Markets also provides cTrader, while easyMarkets has its custom platform with unique risk management tools.
  • IC Markets boasts faster execution speeds to reduce risks of slippage, while easyMarkets offers a range of risk management tools, including Deal Cancellation and Freeze Rate.