IC Markets
FXTM

Regulations and Licenses

Feature
IC Markets
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
CMA (Kenya)
FSA (Seychelles)
FSC (Mauritius)

Brokerage

Feature
IC Markets
FXTM
EUR/USD Avg. Raw Spread
0.02
0.0
GBP/USD Avg. Raw Spread
0.23
0.0
AUD/USD Avg. Raw Spread
0.17
0.5
EUR/USD Standard Spread
0.62
1.9
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
0.83
2
AUD/USD Avg. Standard Spread
0.77
2
Commissions (USD Base)
$3.50
$2.00
Minimum Deposit
$0
$500
Swap Free Account
No Inactivity Fees
Funding Methods
15+
13+
No Funding Fees

Markets and Instruments

Feature
IC Markets
FXTM
Currency Pairs
61+
63+
Cryptocurrency CFDs*
18+
-
Index CFDs
16+
11+
Share CFDs
100+
180+
Commodities CFD
26+
7+
Stockbroking
-
10+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max Leverage (Australia)
500:1
300:1
Retail Max. Leverage (United Kingdom)
-
30:1
Pro. Max. Leverage (United Kingdom)
-
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
500:1
300:1
Retail Max. Leverage (UAE)
-
30:1
Pro. Max. Leverage (UAE)
-
300:1

*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
FXTM
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
FXTM
Our Rating
850
620
 

How Do FXTM Vs IC Markets Compare?

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

  • IC Markets offers 18+ cryptocurrency CFDs, while FXTM does not offer any.
  • IC Markets provides a maximum professional leverage of 500:1 in Australia, whereas FXTM offers 300:1.
  • IC Markets has two types of ECN accounts, while FXTM offers three ECN account types.
  • IC Markets’ minimum deposit across all account types is $200, while FXTM’s varies depending on the account type.
  • IC Markets is regulated by both ASIC (Australia) and CySEC (Cyprus), while FXTM is primarily regulated by CySEC.