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Compare Forex and CFD Brokers

BrokerNotes.co

Written by BrokerNotes.co

March 14, 2023

Picking a broker can be tricky. BrokerNotes is here to help.

We’ve spent thousands of hours researching, testing, and collecting thousands of data points on some of the best, most reliable brokers in the business.

Our cutting-edge Comparison Tool works in tandem with our testing data to help you pick, compare, and ultimately choose the best broker for you.

Quick note: To make sure you have the best, most accurate experience with our Comparison Tool, we’ve enabled geo-location on these pages. Available brokers are displayed based on your location.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Select Brokers

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  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxiTrader
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTradeo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall RatingIC Markets
Overall Rating 8.2 / 10
Account TypeIC Markets
Standard Trade Size (100,000 units) Yes
Mini Trade Size (10,000 units) Yes
Micro Trade Size (1,000 units) Yes
Islamic Account Yes
Copy TradingIC Markets
Social Trading / Copy Trading Yes
DupliTrade No
ZuluTrade Yes
CryptocurrencyIC Markets
Cryptocurrency (Physical) No
Cryptocurrency (CFD) Yes
Bitcoin Yes
ethereum Yes
Forex Trading (Spot or CFDs)IC Markets
Forex Trading (Spot or CFDs) Yes
Mobile Trading - Forex or CFDs Yes
Indices (Index CFDs)IC Markets
DAX Yes
Dow Jones Yes
FTSE Yes
NASDAQ 100 Yes
Nikkei Yes
SP 500 Yes
InvestmentsIC Markets
Forex Trading (Spot or CFDs) Yes
Spread Betting No
Social Trading / Copy Trading Yes
Metals Yes
Energies Yes
Agriculturals Yes
ETF Yes
U.S. Stocks (CFD) Yes
Trading PlatformsIC Markets
Apple iOS App Yes
Android App Yes
Proprietary Platform No
Desktop Platform (Windows) Yes
Web Platform Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
Regulatory LicensesIC Markets
Tier-1 Licenses 1
Australia (ASIC Authorised) Yes
Canada (SRO Authorised) No
United Kingdom (U.K.) (FCA Authorised) No
Hong Kong (SFC Authorised) No
Singapore (MAS Authorised) No
Switzerland (FINMA Authorised) No
USA (CFTC Authorized) No
Tier-2 Licenses 1
Tier-3 Licenses 1
Research, EducationIC Markets
Trading Central (Recognia) Yes
Forex News (Top-Tier Sources) Yes
Daily Market Commentary Yes
Autochartist Yes
Investor Dictionary (Glossary) Yes
Videos - Beginner Trading Videos Yes
Client Webinars (Archived) Yes
Trading CostsIC Markets
Minimum Deposit $200
Average Spread EUR/USD - Standard 0.62 info
All-in Cost EUR/USD - Active 0.62 info
Active Trader or VIP Discounts Yes
Bank Wire (Deposit/Withdraw) Yes
Visa/Mastercard (Credit/Debit) Yes
PayPal (Deposit/Withdraw) Yes
Trading ToolsIC Markets
Watchlists - Total Fields 7
Mobile Watchlist Yes
Charting - Indicators / Studies (Total) 30
Mobile Charting - Indicators / Studies 30
Trust FactorsIC Markets
Year Founded 2007
Publicly Traded (Listed) No
Bank No
European Union Authorised (MiFID) Yes info
Trust Score 86
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