Compare IC Markets vs ForexTime

IC Markets 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:
ForexTime ForexTime
46%
Deposit 200 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2011
Currency Pairs (Total Forex pairs) 35
Country: Cyprus
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

60%
IC Markets
Winner
46%
ForexTime
In terms of overall rating, both brokers are equal – both have 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while ForexTime sets it at 200 EUR/USD. The entry amount is the same for both. For IC Markets, the spread is 0.5 EUR/USD, while for ForexTime it is 1.5 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while ForexTime provides 35. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while ForexTime has been operating since 2011. The longer tradition of IC Markets means greater experience. Unfortunately, neither of them offers this option. IC Markets is overseen by 3 regulatory bodies, while ForexTime has 2. More regulations at IC Markets enhance its trustworthiness. IC Markets supports 3 platforms, while ForexTime offers 2. A greater choice of platforms gives IC Markets the lead.

Comprehensive Comparison: IC Markets vs ForexTime

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: IC Markets with an overall rating of 60%
IC Markets
Min. Deposit
200
EUR/USD Spread
0.5
Currency Pairs
90
Year Established
2007
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011

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.
ForexTime
    • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
    • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
    • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.

Comparison by Categories

Trading Tools
IC Markets
100%
ForexTime
90%
Trading Platforms
IC Markets
43%
ForexTime
29%
Trading Costs
IC Markets
80%
ForexTime
80%
Educational Materials
IC Markets
100%
ForexTime
67%
Customer Support
IC Markets
100%
ForexTime
100%
Overall Rating
IC Markets
60%
ForexTime
46%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, IC Markets 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
Both brokers have comparable fee structures and spreads.

Start Trading Today

Try trading with a free demo account and test your trading strategies without risk.

Investments
# IC Markets ForexTime
Currency Pairs (Total Forex pairs) 90 35
CFDs – Total Offered 300+ 250+
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 ForexTime
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.5 1.5
Deposit from 200 200
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# IC Markets ForexTime
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 ForexTime
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% 90%
Winner
Research
# IC Markets ForexTime
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 100% 50%
Winner
Education
# IC Markets ForexTime
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 100% 67%
Winner
Forex
# IC Markets ForexTime
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# IC Markets ForexTime
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 91% 55%
Winner
Indicies
# IC Markets ForexTime
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# IC Markets ForexTime
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 50% 30%
Winner
Regulations
# IC Markets ForexTime
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 33%
Winner
Support
# IC Markets ForexTime
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# IC Markets ForexTime
Go to the full broker review IC Markets ForexTime
Win / Loss % 60% 46%
Winner