Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
OctaFX
$25.00Tightest Spreads
OctaFX
From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pipsHighest Leverage
OctaFX
1:Up to 1:1000Best Rated
OctaFX
Mobile Trading
Both
✓✓General Information
IC Markets
Regulation
Founded
N/A
Headquarters
IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.
Overall Rating
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
Trading Conditions
| Feature | IC Markets | OctaFX |
|---|---|---|
| Minimum Deposit | $200.00 | $25.00 |
| Average Spreads | Starts from 0.0 | From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. |
| Maximum Leverage | 1:500 | Up to 1:1000 |
| Commission | None | None |
Account Types
IC Markets
OctaFX
Platforms & Tools
IC Markets
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
OctaFX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
OctaFX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).
Withdrawal Methods
Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).
Withdrawal Fee
None
Support
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
OctaFX
Support Languages
English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.
Support Channels
24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.
Account Manager
Available
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