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Broker Comparison

IC Markets vs Spreadex

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

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

VS
Spreadex

Spreadex

Leveraged spread betting and CFD traders

Spreadex is a UK-based broker founded in 1999 offering spread betting, CFDs and options on shares, indices, fโ€ฆ

Head-to-head comparison

IC Markets vs Spreadex
Feature IC Markets Spreadex
Minimum deposit Raw Spread, cTrader and Standard accounts: $0; Raw Pro: $5,000; Raw Pro+: $100,000 โ€”
Stock trading fee ASX market data fee fixed at $22 AUD per month; ASX Share CFDs minimum commission fee of $7 AUD per trade โ€”
Regulators FSA, CySEC FCA
Best for Active forex and CFD traders Leveraged spread betting and CFD traders
Markets & account
Stocks
ETFs
โ€”
Forex
CFDs
Crypto
Bonds
Options
โ€”
Futures
โ€”
Demo Account
โ€”
Margin
โ€”
Spread Betting
โ€”

Pros & cons

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
Spreadex

Spreadex

Pros

  • EUR/USD spreads start from 0.6 pts
  • UK 100 and Germany 40 spreads start from 1pt
  • Gold spreads start from 0.3 pts
  • Free price alerts by text, push or email
  • TradingView access alongside the Spreadex platform
  • Advanced charts include over 10 years of price history
  • Out-of-hours trading is available on select shares

Cons

  • 61% of retail investor accounts lose money on spread bets and CFDs
  • Retail clients cannot trade cryptocurrencies
  • Professional clients waive negative balance protection
  • Spreadex Pro requires an existing standard spread betting or CFD account
  • Professional cryptocurrency margin is 18%
  • Shares are traded through spread betting or CFD products
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.

Spreadex

Spreadex

Spreadex is a UK-based broker founded in 1999 offering spread betting, CFDs and options on shares, indices, forex and commodities, with TradingView and mobile apps.

Your capital is at risk. Other fees apply.

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