eOption vs IC Markets - BrokerCue
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Broker Comparison

eOption vs IC Markets

Compare eOption and IC Markets side by side: fees, regulation, platforms.

eOption

eOption

Active, low-cost options traders

eOption is a US discount broker offering commission-free stocks and ETFs, low-cost options trading at $0.10 pโ€ฆ

VS
IC Markets

IC Markets

Active forex and CFD traders

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 piโ€ฆ

Head-to-head comparison

eOption vs IC Markets
Feature eOption IC Markets
Minimum deposit - Raw Spread, cTrader and Standard accounts: $0; Raw Pro: $5,000; Raw Pro+: $100,000
Stock trading fee $0 per trade (domestic); $39 per trade (foreign) ASX market data fee fixed at $22 AUD per month; ASX Share CFDs minimum commission fee of $7 AUD per trade
Regulators FINRA, SIPC FSA, CySEC
Best for Active, low-cost options traders Active forex and CFD traders
Markets & account
Stocks
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
Options
-
Futures
-
Funds
-
Margin
-
Demo Account

Pros & cons

eOption

eOption

Pros

  • Commission-free domestic stock and ETF trades
  • Low options commissions at $0.10 per contract plus $1.99 per execution
  • Paper trading account available for practice
  • Direct-access platforms including DAS Trader Pro and Sterling Trader Pro
  • Free OptionsPlay integration for options analysis
  • No account minimum for domestic cash accounts
  • SIPC protection plus excess SIPC coverage up to $25,000,000 per customer

Cons

  • Inactivity fee of $50/year for accounts under $25,000 with fewer than two trades annually
  • Wire withdrawal fee of $35 per transfer
  • No crypto trading available
  • No fractional shares
  • No futures trading
  • International accounts require a $25,000 minimum deposit
  • Limited fundamental research tools compared to larger brokers
  • Foreign stock trades cost $39 per trade
IC Markets

IC Markets

Pros

  • Raw spreads start from 0.0 pips
  • Raw Spread, cTrader and Standard accounts have $0 minimum deposit
  • Standard account shows $0 commission
  • IC charges no additional deposit or withdrawal fees
  • Average execution speed is under 40ms
  • 24-hour trading on over 100 leading US stocks
  • Free demo account is available

Cons

  • Raw Pro+ requires a $100,000 minimum deposit
  • Raw Pro requires a $5,000 minimum deposit
  • MetaTrader Raw Spread charges $3.50 per lot per side
  • ASX market data costs $22 AUD per month
  • ASX Share CFDs have a $7 AUD minimum commission per trade
  • International bank wire withdrawals may take up to 14 days
  • Withdrawal processing fee may apply if deposits were not used for trading
eOption

eOption

eOption is a US discount broker offering commission-free stocks and ETFs, low-cost options trading at $0.10 per contract, and direct-access platforms for active traders.

Your capital is at risk. Other fees apply.

IC Markets

IC Markets

IC Markets is a Forex and CFD broker offering MT4, MT5, cTrader and TradingView, with raw spreads from 0.0 pips and forex, stocks, bonds, futures and crypto CFDs.

Your capital is at risk. Other fees apply.

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