Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
Fortrade
$100.00Tightest Spreads
Fortrade
Average spread for EUR/USD is around 2 pips pipsHighest Leverage
Fortrade
1:up to 1:200Best Rated
IC Markets
Mobile Trading
Both
✓✓General Information
Fortrade
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FSC (Mauritius)
Founded
N/A
Headquarters
United Kingdom
Overall Rating
IC Markets
Regulation
Founded
N/A
Headquarters
IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.
Overall Rating
Trading Conditions
| Feature | Fortrade | IC Markets |
|---|---|---|
| Minimum Deposit | $100.00 | $200.00 |
| Average Spreads | Average spread for EUR/USD is around 2 pips | Starts from 0.0 |
| Maximum Leverage | up to 1:200 | 1:500 |
| Commission | None | None |
Account Types
Fortrade
IC Markets
Platforms & Tools
Fortrade
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not Available
Social Trading
Available
IC Markets
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Fortrade
Deposit Methods
Funds can be added using credit or debit cards (Visa, MasterCard), bank wire transfers, or e-wallets such as Skrill and Neteller. Deposits are usually processed instantly for cards and e-wallets, with the only minimum being the $100 required to open an account.
Withdrawal Methods
Withdrawals follow the same options, but cards are limited to the original deposit amount. Excess funds go via wire transfer or e-wallets. Processing takes 1-5 business days, and there are no fees from the broker.
Withdrawal Fee
None
IC Markets
Deposit Methods
IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply.
Withdrawal Methods
IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply.
Withdrawal Fee
None
Support
Fortrade
Support Languages
The platform and support are available in over 15 languages, including English, German, Spanish, French, Italian, Arabic, Dutch, Polish, Portuguese, Russian, Croatian, Bosnian, Hungarian, and Macedonian.
Support Channels
Customer Support: Fortrade provides support 24 hours a day, 5 days a week through live chat (instant), email, and phone with multiple international lines.
Account Manager
Not Available
IC Markets
Support Languages
English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.
Support Channels
24/7 support via live chat, email, and phone.
Account Manager
Available
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