Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of eToro's Cyprus entity and IC Markets' Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of eToro's Cyprus entity and IC Markets' Cyprus entity.
eToro
61% of retail CFD accounts lose money. Below content does not apply to US users.
IC Markets
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 .eToro is better than IC Markets for long-term investors and high-volume traders, while IC Markets is better for scalpers. Professional traders, swing traders and news traders can choose either eToro or IC Markets.
| Overall score | eToro 83 -4 85 | IC Markets 87 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.eToro and IC Markets are both regulated by top-tier authorities, eToro by CySEC, ASIC (Australia) and the SEC (United States) and IC Markets by CySEC and ASIC (Australia).
| Section score | eToro 100 100 | IC Markets 100 not offered |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | 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 .Both eToro and IC Markets offer segregated client funds and an investor compensation scheme. eToro also offers additional money insurance.
| Section score | eToro 94 Best 94 | IC Markets 78 -16 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 | J.P. Morgan, Deutsche Bank, Coutts | Eurobank |
| Brand power | ||
| Number of customers worldwide i | 4,280,000 | |
| 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 , both on each trade and on holding the account.IC Markets is better than eToro for CFD/FX 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 0.36 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.08 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 79 | 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 | 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 | 0.36 points |
| Gold fees (CFD) i | 0.88 points | 0.08 points |
| Bitcoin fees (CFD) i | USD 1,585.8 | USD 6.46 |
| US stocks fees (CFD) i | USD 0.02 | |
| Fees on stocks | ||
| Stock fee type i | Commission | Commission, Percentage |
| US stocks fees (real) i | USD 2 | |
| 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 , and of how many instruments each one gives access to.eToro is better than IC Markets for CFD/FX markets, since eToro gives access to 5,461 tradable symbols (against IC Markets' 2,850), and lets you own crypto, ETFs and stocks outright, which IC Markets does not. Both eToro and IC Markets offer CFDs on commodities, crypto, ETFs, 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 | 2,850 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, ETF, 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 .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 , 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 .IC Markets is better than eToro for CFD/FX trading features, because IC Markets offers tier-1 liquidity providers and VPS hosting, which eToro does not, and allows for scalping. eToro and IC Markets both offer negative balance protection and 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 68 -25 85 | IC Markets 93 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 | 30:1About this value. This is the major fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 400:1 (other accepted countries), 30:1 (the UK, Australia). | 30:1About this value. This is the major fx pairs leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 30:1 (Australia), 5000:1 (other accepted countries). |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 50:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1About this value. This is the minor/exotic fx pairs leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 20:1 (Australia), 5000:1 (other accepted countries). |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1About this value. This is the major indices leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 20:1 (Australia), 200:1 (other accepted countries). |
| Minor indices leverage i | 10:1 | 10:1About this value. This is the minor indices leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 10:1 (Australia), 200:1 (other accepted countries). |
| Gold leverage i | 20:1About this value. This is the gold leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). | 20:1About this value. This is the gold leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 20:1 (Australia), 2000:1 (other accepted countries). |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 10:1 (the UK, Australia). | 10:1About this value. This is the commodities leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 10:1 (Australia), 1000:1 (other accepted countries). |
| Equities leverage i | 5:1About this value. This is the equities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 10:1 (other accepted countries), 5:1 (the UK, Australia). | 5:1About this value. This is the equities leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 5:1 (Australia), 20:1 (other accepted countries). |
| Cryptocurrency leverage i | 2:1About this value. This is the cryptocurrency leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 5:1 (other accepted countries), 2:1 (Australia). | 2:1About this value. This is the cryptocurrency leverage at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: 2:1 (Australia), 500:1 (other accepted countries). |
| 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 , and of who each one is meant for.IC Markets is better than eToro for CFD/FX account types, since IC Markets offers a managed account, an ECN account and a copy trading 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 -31 74 | IC Markets 79 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 .IC Markets is better than eToro for account opening, as IC Markets offers 10 account base currencies (against eToro's 3), supports 3 e-wallets (against eToro's 1), and has no minimum withdrawal (against eToro's 30 USD). However, the minimum deposit is lower at eToro, at 50 USD (against IC Markets' 224 USD).
Only eToro can be assessed for account opening, since IC Markets is a CFD broker and does not offer real stocks.
| Section score | eToro 64 -21 64 | IC Markets 85 Best not offered |
|---|---|---|
| Minimum deposit i | USD 50About this value. This is the minimum deposit at eToro (Europe) Ltd (CySEC). At eToro's other companies: USD 100 (other accepted countries), USD 50 (the UK, Australia, the US). | USD 224About this value. This is the minimum deposit at IC Markets (EU) Ltd (CySEC). At IC Markets' other companies: USD 200 (Australia), USD 0 (other accepted countries). |
| Minimum withdrawal i | USD 30 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPalAbout this value. This is the ewallets at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries and Australia. | PayPal, Neteller, Skrill |
| Local payment methods i | ||
| Account base currencies i | USD, EUR, DKKAbout this value. This is the account base currencies at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries, the US, the UK and Australia. | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USDAbout this value. This is the account base currencies at IC Markets (EU) Ltd (CySEC). It is different at IC Markets' companies in Australia. |
| 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 , 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, Romanian, Spanish | 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 .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/FX Choose eToro if you want an online CFD broker with a wide choice of markets.
Stocks Choose eToro if you want a share dealing service with a wide choice of markets.
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
IC Markets
CFD/FX Choose IC Markets if you want a CFD and forex broker for automated trading with low trading costs and a choice of trading platforms.
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.
