Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
eToro
Regulated in your country eToro holds a licence from the regulator of the country this site is for, so local investor protections apply.
61% of retail CFD accounts lose money. Below content does not apply to US users.
IC Markets
Not regulated in your country IC Markets has no licence from the regulator of the country this site is for, so local investor protections do not apply.
72.52% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders eToro and IC Markets are best suited to, based on what each one actually offers in United Kingdom.eToro is better than IC Markets for long-term investors and high-volume traders, while IC Markets is better for professional traders, scalpers and algo traders. Swing traders, news traders and CFD stock traders can choose either eToro or IC Markets.
| Overall score | eToro 81 -4 83 | IC Markets 85 Best not offered |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise eToro and the ones that supervise IC Markets.Only eToro is regulated in the UK, by the FCA. IC Markets holds no licence in the UK and is regulated by CySEC and ASIC (Australia).
| Section score | eToro 100 100 | IC Markets 100 not offered |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that eToro and IC Markets have in place to protect your money in United Kingdom.Both eToro and IC Markets offer segregated client funds and two-factor authentication. eToro also offers an investor compensation scheme.
| Section score | eToro 85 Best 85 | IC Markets 65 -20 not offered |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2007 | 2007 |
| Parent company i | eToro Group Ltd. | International Capital Markets Pty Ltd |
| CEO i | Yoni Assia | Andrew Budzinski |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | BNY Mellon, EquiLend | Eurobank |
| Brand power | ||
| Number of customers worldwide i | 3,610,000 | |
| Annual revenue i | USD 1,340,000,000 | |
| Monthly website search traffic i | 13.2M monthly visits | 2.2M monthly visits |
Costs
What we compare A comparison of what it costs to trade with eToro and with IC Markets in United Kingdom, both on each trade and on holding the account.IC Markets is better than eToro for CFD costs, because IC Markets is cheaper on EUR/USD, at 7.8 USD per lot (against eToro's 11.6 USD), has tighter S&P 500 CFD spreads, at 0.49 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.09 points (against eToro's 0.88 points). Neither eToro nor IC Markets charges account maintenance fees or deposit fees.
eToro and IC Markets cannot be set side by side for real stock costs, as IC Markets is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | eToro 52 -13 82 | IC Markets 65 Best not offered |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | USD 7 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 11.6 | USD 7.8 |
| S&P 500 fees (CFD) i | 1.08 points | 0.492 points |
| Gold fees (CFD) i | 0.88 points | 0.09 points |
| Bitcoin fees (CFD) i | USD 1,585.8 | USD 12.01 |
| US stocks fees (CFD) i | USD 0.02 | |
| Fees on stocks | ||
| Stock fee type i | Free | Commission, Percentage |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | Free | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | ||
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with eToro and with IC Markets in United Kingdom, and of how many instruments each one gives access to.eToro is better than IC Markets for CFD markets, since eToro gives access to 5,461 tradable symbols (against IC Markets' 180), and lets you own crypto, ETFs and stocks outright, which IC Markets does not. Both eToro and IC Markets offer CFDs on commodities, crypto, forex, indices and stocks.
Only eToro can be assessed for real stock markets, since IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 85 Best 55 | IC Markets 75 -10 not offered |
|---|---|---|
| Total tradable symbols i | 5,461 | 180 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that eToro and IC Markets make available to their clients in United Kingdom.IC Markets is better than eToro for platforms, since IC Markets offers cTrader, MetaTrader 5 and MetaTrader 4, which eToro does not. eToro and IC Markets both offer social trading and copy trading.
Only eToro can be assessed for platforms, since IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 84 -5 84 | IC Markets 89 Best not offered |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of eToro and IC Markets in United Kingdom, and of what each one lets you do from your phone.IC Markets is better than eToro for mobile trading, given that IC Markets offers the cTrader app, the MetaTrader 5 app and the MetaTrader 4 app, which eToro does not. Both eToro and IC Markets offer a proprietary mobile app and mobile trading signals.
IC Markets does not offer real stocks, being a CFD broker, so eToro and IC Markets cannot be compared for mobile trading.
| Section score | eToro 87 -6 87 | IC Markets 93 Best not offered |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that eToro and IC Markets allow on their platforms in United Kingdom.IC Markets is better than eToro for CFD trading features, because IC Markets offers tier-1 liquidity providers, which eToro does not, and allows for scalping and automated trading. eToro and IC Markets both offer trailing stops.
Only eToro can be assessed for real stock trading features, since IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 60 -23 76 | IC Markets 83 Best not offered |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| Average execution time i | 66 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 10 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at eToro and at IC Markets in United Kingdom, and of who each one is meant for.IC Markets is better than eToro for CFD account types, since IC Markets offers a managed account, an ECN account and an Islamic account, which eToro does not. Both eToro and IC Markets offer a demo account and a professional traders account.
There is no like-for-like comparison for real stock account types, as IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 48 -44 74 | IC Markets 92 Best not offered |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with eToro and with IC Markets in United Kingdom.IC Markets is better than eToro for account opening, as IC Markets does not require a minimum deposit (against eToro's 100 USD), offers 10 account base currencies (against eToro's 1), and supports e-wallets, which eToro does not. eToro and IC Markets both offer credit cards and debit cards.
Only eToro can be assessed for account opening, since IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 59 -31 59 | IC Markets 90 Best not offered |
|---|---|---|
| Minimum deposit i | USD 100 | USD 0 |
| Minimum withdrawal i | USD 30 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | USD | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Deposit waiting time i | up to 5 business days | Instant |
| Withdrawal waiting time i | up to 7 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of eToro and IC Markets in United Kingdom, in how it can be reached and how fast it answers.IC Markets is better than eToro for customer care, because IC Markets offers customer support in 17 languages (against eToro's 7), has a website in 17 languages (against eToro's 7), and offers phone support, which eToro does not. eToro and IC Markets both offer a dedicated account manager and priority support.
eToro and IC Markets cannot be compared for customer care, because eToro is a broker offering both CFDs and stocks while IC Markets is a CFD broker.
| Section score | eToro 69 -18 69 | IC Markets 87 Best not offered |
|---|---|---|
| Number of languages supported i | 7 | 17 |
| Website languages i | Arabic, German, English, French, Italian, Spanish, Chinese | Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, German, English, French, Italian, Spanish, Chinese | Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that eToro and IC Markets provide to their clients in United Kingdom.eToro and IC Markets are equally good for learning, as both offer education for advanced traders and webinars.
eToro and IC Markets cannot be set side by side for learning, as IC Markets is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | eToro 100 100 | IC Markets 100 not offered |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
eToro vs IC Markets: which one should you choose?
eToro
CFD Choose eToro, regulated in the UK by the FCA, if you want an online CFD broker.
Stocks Choose eToro if you want a broker for securities investing with commission-free US stocks.
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
IC Markets
CFD Choose IC Markets if you want a CFD and forex broker with several trading platforms, no minimum deposit and room for automated strategies.
Open Account 72.52% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include eToro or IC Markets, each scored with the same data and method as this page.
