IC Markets vs. eToro

IC Markets
75%
Deposit 200 EUR/USD
Spreads 0.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 90
Country: UK
Regulation:
FCA (UK)
ASIC (Australia)
Cysec
Trading app:
MetaTrader 4 (MT4)
cTrader
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Qiwi
FasaPay
PayPal
Poli
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
eToro
92%
Deposit 50 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 49
Country: Cyprus, UK, Australia
Regulation:
FCA (UK)
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
CFTC Registered (USA)
Trading app:
Web Platform
Social Trading / Copy-Trading
Number of CFD asset classes: 6
Broker type: MM, STP
Support:
Mail
Chat
Funding methods:
Skrill
Klarna
PayPal
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
www.etoro.com
61% of retail CFD accounts lose money.

Winner of the comparison

60%
IC Markets
66%
eToro
Winner
If you don’t want to read the full comparison, the winner of our review is eToro, which takes the lead with a rating of 66%, while IC Markets only reaches 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while eToro sets it at 50 EUR/USD. Conversely, eToro scores with a lower minimum deposit. For IC Markets, the spread is 0.5 EUR/USD, while for eToro it is 1 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while eToro provides 49. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while eToro has been operating since 2007. Both started in the same year, so they’re equal here. This advantage goes to eToro, while IC Markets lacks it. IC Markets is overseen by 3 regulatory bodies, while eToro has 5. Stricter oversight at eToro gives it an advantage. IC Markets supports 3 platforms, while eToro offers 2. A greater choice of platforms gives IC Markets the lead.

Comprehensive Comparison: IC Markets vs eToro

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: eToro with an overall rating of 66%
IC Markets
Min. Deposit
200
EUR/USD Spread
0.5
Currency Pairs
90
Year Established
2007
eToro
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
49
Year Established
2007

Key Strengths

IC Markets
    • Competitive spreads and low commissions: Low variable spreads, from 0 pips.
    • Wide range of trading instruments: Trading with over 2250 instruments.
    • Support for all trading methods: Scalping, HFT, and automated trading.
eToro
    • Low minimum deposit
    • Fractal stocks
    • More than 3,000 available instruments
    • Easy to use web platform and eToro mobile app
    • Unlimited demo account
    • Advanced CopyTrading

Comparison by Categories

Trading Tools
IC Markets
100%
eToro
100%
Trading Platforms
IC Markets
43%
eToro
29%
Trading Costs
IC Markets
80%
eToro
20%
Educational Materials
IC Markets
100%
eToro
100%
Customer Support
IC Markets
100%
eToro
67%
Overall Rating
IC Markets
60%
eToro
66%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, eToro is an ideal choice for new traders.
Best Platform
The trading platform of broker IC Markets offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
IC Markets offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# IC Markets eToro
Currency Pairs (Total Forex pairs) 90 49
CFDs – Total Offered 300+ 1000+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 75%
Winner
Cost
# IC Markets eToro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.5 1
Deposit from 200 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# IC Markets eToro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 29%
Winner
Trading Tools
# IC Markets eToro
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 100%
Winner
Research
# IC Markets eToro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 100% 100%
Winner
Education
# IC Markets eToro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 100% 100%
Winner
Forex
# IC Markets eToro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# IC Markets eToro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 91% 82%
Winner
Indicies
# IC Markets eToro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# IC Markets eToro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 50% 100%
Winner
Regulations
# IC Markets eToro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 83%
Winner
Support
# IC Markets eToro
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# IC Markets eToro
Go to the full broker review IC Markets eToro
Win / Loss % 60% 66%
Winner