Easy Markets vs IC Markets

easyMarkets vs IC Markets Comparison Table 2024
easyMarkets	IC Markets
Review 3.5	Review 4.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Established in 2001, easyMarkets has made for a name for itself as a trusted, fixed spread broker. Improvements to its tools over the years, from adding the MetaTrader suite and TradingView to enhancing its exclusive risk management tools like dealCancellation, mark it out from the competition.	IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
Customer Reviews
	4 Based on 2 IC Markets customer reviews
Bonus Offer
50% Deposit Bonus Or Up To A $2000 Tradable Bonus
Comment by Reviewer
"easyMarkets provides fixed spreads starting at 0.7 pips, making it an excellent choice for beginners seeking predictable trading costs. After adding a Bitcoin-based account, it’s also a stand-out option for crypto-focused traders who want to deposit, trade, and withdraw in digital currencies."	"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
Pros
Unlike variable spreads offered by 90%+ of brokers we've tested, easyMarkets provides fixed spreads from 0.7 pips. This makes trading costs predictable, a significant advantage for beginners and those trading in volatile markets. easyMarkets added Bitcoin as a base currency in 2019. This marks it out against most of the market and eliminates the need to convert crypto to fiat, reducing conversion fees and simplifying management for crypto-focused traders. With 20+ years in the industry, multiple awards, and authorization from two ‘green tier’ regulators, easyMarkets continues to earn its reputation as a secure broker for active traders. easyMarkets takes risk management seriously, with negative balance protection plus guaranteed stop losses and its dealCancellation (enhanced in 2024 to include periods of 1, 3, or 6 hours) in the Web Trader.	IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders. As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally. IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues. You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
Cons
easyMarkets does not offer a zero-spread account like Pepperstone, which can be a drawback for day traders and high-frequency traders who require minimal transaction costs. easyMarkets is falling behind by not providing the copy trading features you get at category leader eToro, which are popular among beginners looking to follow the strategies of experienced traders. While easyMarkets provides solid educational resources for beginners, they fall short for advanced traders. The Academy offers well-structured courses and engaging gamification, but the overall content lacks depth.	While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes. The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners. There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals. Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind. Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.
Awards
Leading Broker of the Year 2024 - Forex Expo Dubai Best Regulated Broker 2024 - Smart Vision Summit – South Africa Best Forex Broker 2024 - TradingView Broker Awards Best Global Broker 2023 - Dubai Expo Best Cryptocurrency Innovation UAE 2022 - Finance Derivative Magazine Most Trusted Broker 2022 - Smart Vision Investment Expo Egypt Most Reputable Multi-Asset Broker 2022 - Forex Expo Dubai Most Trusted Forex Broker in Middle East 2022 - Fin Expo Egypt	Best MT4/MT5 Broker 2023 - DayTrading.com Best Forex Broker 2022 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Trading App 2020 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$25	$200
Trading Platforms
easyMarkets App Web Platform MT4 MT5 TradingView TradingCentral	MT4 MT5 cTrader TradingView TradingCentral DupliTrade
Payment Methods
AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Perfect Money Sticpay UnionPay Visa WebMoney Wire Transfer	BPAY Credit Card Klarna Mastercard Neteller PayPal POLi Rapid Transfer SafeCharge Skrill Swift UnionPay Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 Lots
Regulator
CySEC, ASIC, FSCA, FSC, FSA	ASIC, CySEC, FSA, CMA
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
The easyMarkets app is a great fit for active traders. It allows full customization, including light and dark mode, and integrates useful tools like market news, a macroeconomic calendar, and trading signals all in one app. Where it stands out is its advanced features like multiple trading ticket options (Day Trade, Vanilla Options, Pending Orders). With dealCancellation, you can also undo losing trades within 1, 3, or 6 hours.	IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive.
Android App Rating
3.6	4.2
iOS App Rating
4.6	3.1
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
No	Yes
Copy Trading Platform
	Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC Markets grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy.
Social Trading
No	Yes
Trade Signals
	Signal Start
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$25	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY ZAR TRY SEK NOK CHF HKD SGD PLN CZK MXN CNY	USD EUR GBP CAD AUD NZD JPY CHF HKD SGD
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange S&P 500	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq New York Stock Exchange Russell 2000 S&P 500
Commodities
Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Cocoa Coffee Corn Gold Natural Gas Oil Orange Juice Silver Soybeans Sugar Wheat
CFD Trading
While the growing selection of 275+ CFDs still trails category leaders like BlackBull with its 26,000+ underlying assets, easyMarkets shines for its proprietary risk management tools. These include easyTrade which caps your risk to dealCancellation that provides a 1, 3, or 6-hour margin to cancel your order if the market moves against you.	You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC Markets ensures optimal conditions for scalpers, hedgers, and algo traders alike.
Leverage
1:2000	1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
1.0	1.0
GBPUSD Spread
0.9	0.23
Oil Spread
1.1	0.03
Stocks Spread
0.25 (Apple)	0.02
Forex Trading
easyMarkets offers 60+ major and minor currency pairs but no exotics. Forex day traders will appreciate the access to the industry’s leading software MT4, paired with the broker’s fixed spreads from 0.7 pips on EUR/USD, offering a degree of price certainty.	IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot.
Forex App
	IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.
GBPUSD Spread
0.9	0.23
EURUSD Spread
0.7	0.02
EURGBP Spread
1.0	0.27
Assets
60+	75
Cryptocurrency
easyMarkets excels for serious crypto traders, featuring 20 popular digital tokens, including Bitcoin and Ethereum, paired with the US dollar. Its introduction of a BTC account also makes for a seamless user experience for dedicated crypto traders while cutting conversion fees.	IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms.
Spread
62 (BTC)	BTC 42.036
Coins
BTC XRP ETH LTC BCH XLM ADA ALG SOL UNI DOT LNK ZEC OMG MTC DSH DOG XMR CHZ AVA	BTC BCH DOT DSH EMC EOS ETH LNK LTC NMC PPC XLM XRP ADA BNB DOG UNI XTZ
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review