IC Markets
Pepperstone
FP Markets
ThinkMarkets
AvaTrade
Our Rating
8.50
9.17
8
7.67
8.33
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
76.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider
The vast majority of retail investor accounts lose money when trading CFDs.
75.5% of retail investor accounts lose money when trading CFDs with this provider
79% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
IC Markets
Pepperstone
FP Markets
ThinkMarkets
AvaTrade
ASIC (Australia)
FCA (UK)
Central Bank of Ireland
MAS (Singapore)
CYSEC (Cypus)

Brokerage

Feature
IC Markets
Pepperstone
FP Markets
ThinkMarkets
AvaTrade
EUR/USD Avg. Raw Spread
0.1
0.09
0.01
0.1
GBP/USD Avg. Raw Spread
0.4
0.38
0.2
AUD/USD Avg. Raw Spread
0.2
0.17
0.2
EUR/USD Standard Spread
1.1
0.69
1.2
1.30 Retail
0.90 Professional
EUR/USD Fixed Spreads
0.9
Commissions (USD Base)
$3.50
SGD 4.50
$3.50
SGD 4.55
USD $3.00
$3.5 per side
Commission Rebates
Minimum Deposit
No Minimum
$0 USD
$0
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
15
16
6
7
No Funding Fees

Markets and Instruments

Feature
IC Markets
Pepperstone
FP Markets
ThinkMarkets
AvaTrade
Currency Pairs
65+
66+
61+
38+
55+
Cryptocurrency CFDs
10+
12
5+
5+
15+
Index CFDs
16+
14+
14+
21+
33+
Share CFDs
100+
300+
12,986+
1200+
625+
Commodities CFD
19+
4+
4+
10+
30+
Stockbroking
Retail Max. Leverage
30:1 (Cysec/ASIC)
500:1 (International)
30:1 (FCA, ASIC, BaFIN, CySEC, DFSA, SCB)
500:1
30:1
30:1 (UK/Europe/Australia)
400:1 (South Africa)
Professional Leverage
500:1
500:1
500:1
500:1
400:1

Trading Platforms + Tools

Feature
IC Markets
Pepperstone
FP Markets
ThinkMarkets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)

only with ASIC, DFSA and FCA regulation
(Aust/Europe only)
available only where European or ASIC regulation applies
Demo Account
Unique Feature 1
ECN pricing
Smart Trader Tools
Fastest Limit Order Execution Speed
STP Order Execution
Choice of social trading tools
Unique Feature 2
No funding fees
Fast Execution Speed
low spreads
Uptime record of 99.99%
Fixed Spreads

Overall