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IC Markets vs XTB: Comparison and Analysis

Trying to figure out whether to use IC Markets or XTB? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of IC Markets and XTB side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
74-89% of retail CFD accounts lose money
IC Markets review
Open Account
79% of retail investor accounts lose money

Overall Ratings


Rated
91
Rated
83

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • IC Markets
  • XTB

Security 93
Security 95

Cost 85
Cost 76

Trading 100
Trading 75

Education 66
Education 82

Company Info


Foundation
2007
2002
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, bul, chi(t/s), cro, cz, de, es, fr, po, ru, thai, ko, ind, viet, mal, it
en, ar, cz, de, es, fr, hu, po, pol, rom, slo, tur, it, chi

Leverage


Non-EU Leverage ?
500:1
200:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
0
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
19551
36872
SimilarWeb - Total Visits
117889
1770000
Facebook Likes
54458
140561
Twitter Likes
3276
9908
Instagram Likes
14397

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
Bpay, Broker to Broker, FasaPay, Klarna, POLi, RapidPay, THAI Internet Banking, UnionPay, Vietnamese Internet Banking, Bitcoin Wallet
SafetyPay, PaySafe, PayU
Deposit Waiting Time ?
instant
Instant
Withdraw Waiting Time ?
1 business day
1-3 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD
EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.010
0.04
Natural Gas ?
0.001
0.01
Silver ?
0.04
Platinum ?
7.0
Copper ?
21.0
Soybeans ?
1.35
0.36
Corn ?
0.6
Gold ?
0.3

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.1
0.6
USD/JPY Average Spread
0.2
1.0
USD/CHF Average Spread
0.5
1.4
GBP/USD Average Spread
0.4
1.7
USD/CAD Average Spread
0.5
1.5
AUD/USD Average Spread
0.2
1.1
NZD/USD Average Spread
0.4
1.7
EUR/GBP Average Spread
0.4
0.9

Fees on Stocks


Apple
0.00
Facebook
0.00
Alphabet
0.00
Snapchat
0.00
BP
0.00
Tesco
0.00
Barclays
0.00
Lloyds
0.00

Fees on Indices


FTSE100
1.0
1.7
S&P500
0.6
0.5
Dow Jones
1.0
Nasdaq
2.0
CAC40
1.0
DAX30
0.950
Nikkei 225
6.0
21.0
Euro Stoxx 50
1.6

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
4.0
2%
Ripple
0.015
2%
Litecoin
3.0
2%
Bitcoin Cash
5.0
1%
Dash
4.0
2%
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, dan, de, ne, pol, afrk, chi
en, ar, cz, de, es, fr, po, pol, rom, ru, slo, tur, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
63
48
Crypto ?
63
48
Commodities ?
21
21
Stocks ?
1650
1606
Indices ?
25
35
ETF ?
108
Futures ?
4
Options ?
Bonds ?
7
Metal ?
7
4
Agricultural ?
6
10
Energies ?
5
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, bul, chi(t/s), cro, cz, de, es, fr, po, ru, thai, ko, ind, viet, mal, it
en, ar, es, fr, gre, ru, tur, thai, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

IC Markets vs XTB: A Comparison of Online Brokers

When it comes to trading online, choosing the right broker is crucial for your success. Two of the most popular brokers are IC Markets and XTB, both offering a range of markets, platforms, and features. Let’s compare IC Markets and XTB to help you decide which one is best for you.

Security

Both IC Markets and XTB are regulated by multiple financial authorities, including CySEC and FCA. However, XTB has a higher security rating of 95, compared to IC Markets’ 93.

Demo Account

IC Markets offers an unlimited demo account with virtual funds of up to $5 million. The demo account virtual funds can be restored by contacting customer support. In contrast, XTB offers a 30-day demo account with virtual funds of $100,000, which can be renewed indefinitely by contacting customer support.

Account Opening

IC Markets has no minimum deposit in place, but suggests a minimum deposit of $200. It offers over 10 base currencies, including USD, EUR, AUD, and GBP, and accepts various payment methods, including wire transfers, credit/debit cards, eWallets, and bitcoin deposits. XTB has no minimum deposit requirement and accepts GBP, EUR, and USD as account currencies. It accepts wire transfers, credit/debit cards, and eWallets.

Social-Copy Trading

IC Markets offers copy-social trading through third-party platforms such as ZuluTrade. In contrast, XTB does not offer any social and copy trading features.

Markets

IC Markets offers a wide range of markets, including forex (63), commodities (21), indices (25), crypto assets (63), and stocks (1600+). It offers CFD trading only, making it a better fit for short-term investments. XTB offers forex (57), commodities (27), indices (30), crypto assets (46), stocks (5000+), and ETFs (500+). Every XTB asset is offered as a CFD, but it also offers real stocks and ETFs for EU clients.

Trading Fees

IC Markets’ spreads are variable, with spreads from 0 pip on forex and commissions up to $7 per lot traded. It charges variable spreads on stocks. XTB’s spreads are also variable, with spreads from 0.3 pip on forex and zero-commission real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000. After this amount, there is a commission of 0.2% (10 EUR minimum).

Platforms

IC Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, all available via webtrader, desktop, and mobile devices. It also offers VPS services. XTB offers its proprietary xStation platform, available via web and mobile devices, which is user-friendly and intuitive.

Education/Customer Care

IC Markets offers a wide range of educational material, including webinars and podcasts, and offers customer care via email and live chat in over 18 languages. XTB offers well-equipped educational material, including FAQs, blog articles, ebooks, trading videos, and seminars, and offers customer care via phone, email, and live chat.

Conclusion

In conclusion, both IC Markets and XTB are well-regulated brokers with a range of markets and platforms. IC Markets offers more markets and platform options, but XTB has a higher security rating and offers zero-commission real stocks and ETFs for European traders. Consider your priorities and preferences when choosing between IC Markets and XTB.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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