IC Markets [2021:Review] An All-Round Broker

April 17, 2021
Brokers
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Conceived in 2007, the broker quickly expanded to more than 50 countries. The broker offers a myriad of assets such as stock indices, forex, bonds, commodities and crypto. The broker offers more than 50 forex pairs, 20 commodities, 9 bond options, 25 stock indices and 10 cryptos. The variety for crypto and stock index is something not offered by most brokers hence, the broker offers some really good options. The broker also offers really good customer service and also offers plenty of deposit and withdrawal options such as the good old bank transfer, credit/debit card, e-wallets like Paypal and Skrill and even bitcoin. If you are someone who enjoys crypto and stock indices you should sign up now. Click the link below to join now.

IC Markets does not offer a lot of variety for bonds, forex and stocks, so, if you are looking for a good platform that offers a wide array of assets at affordable rates in these asset classes, then you must consider another broker, and we firmly that Capital.com is the best choice you can make as it offers a diverse range of hundreds of stocks, & ETFs, & bonds. Capital.com also boasts one of the most extensive educational libraries in the industry with multiple trading tutorials and plenty of courses on trading different assets. Sign up now for one of the most complete brokers for stock and bonds and enjoy trading.

We analyzed hundreds of data points relevant to the costs, benefits and features of trading with IC Markets and scored our findings on a 10-point scale across 10 distinct categories.
Fees 8
Signup Process 9
Minimum Deposit 8
Ease of Use 8
Deposit & Withdrawal Options 10
Customer Support 8
Asset Classes 8
Referral Program 0
Demo Account & Educational Resources 8
Safety & Regulation 10
Total 77

Introduction

IC Markets was formed by a team of professionals in the financial services industry in 2007, who sought to establish a connection between stock markets and common people. IC Markets tries to offer unfettered access to financial markets for individuals by offering them the option to buy various asset classes, that otherwise would require them to have direct access to financial markets. The broker offers its services in plenty of countries and you can access the platform if you belong to the following countries.

 Austria Azerbaijan Bahrain Bangladesh Barbados
 Bolivia Bosnia and Herzegowina Botswana Bouvet Island Brazil
 Brunei Darussalam Bulgaria Belarus BelizeBahrain
 Bangladesh Barbados Bolivia Bosnia and Herzegowina Benin
 Bermuda Bhutan Brunei Darussalam Bulgaria Botswana
 Bouvet Island Brazil Cape Verde Cayman Islands China
 Cuba Chile Cyprus Czech RepublicDenmark
 Faroe Islands Curaçao France French Guiana French Polynesia
 Gambia Fiji Germany Ghana Gibraltar
 Greece Georgia Grenada Guadeloupe Guam
 Guatemala Greenland Guinea Guinea-Bissau Guyana
 Indonesia Guernsey Ireland Isle of Man Italy
Ivory Coast Iraq Jordan Kenya Kiribati
 Kuwait Jersey Lebanon Lesotho Liberia
 Mauritius Kyrgyzstan Madagascar Malawi Malaysia
 Nauru Macedonia Mexico Micronesia Moldova
 New Zealand Mayotte Island Netherlands Netherlands Antilles New Caledonia
 Norfolk Island Nepal Niger Nigeria Niue
Myanmar Nicaragua Montserrat Morocco Mozambique
 Peru Montenegro Panama Papua New Guinea Paraguay
Puerto Rico Palau Pitcairn Poland Portugal
 Saint Lucia Philippines Saudi Arabia Senegal Thailand
 Serbia Romania Singapore South Korea Tunisia
 Slovenia Samoa Sri Lanka South Africa Uruguay
Sweden Spain Tajikistan TanzaniaUzbekistan
Switzerland United Arab Emirates Trinidad and TobagoTurkey United Kingdom

If you are someone in Africa or Asia and are looking for a good broker, do check out IQ Option and easyMarkets as well, as these brokers cover a lot of African and Asian nations and offer some decent value for traders across regions. We also recommend you to have a look at CMC Markets as it is also one of the strongest brokers in our database and covers a lot of African and Asian nations. Many of our brokers in Southern African and far east countries like South Africa, Zimbabwe and Indonesia have tried these brokers and given us positive feedback.

Pros & Cons

ProsCons
Affordable Forex SpreadsOutdated Interface
Good Asset portfolio for stock indices and cryptoSlightly Expnsive Forex Spreads At Times.
Plenty of Deposit & Withdrawal Options including cryptoNo Dedicated Account Manager
Quick Signup ProcessesNo Trading Courses offered as of yet

Account Types

Standard Account

The standard account is designed for individual investors who may be from a beginner to an intermediate level of expertise. The account type has no commission but spreads associated with trading volume.

Raw Account

This account type is specifically for users looking to trade in bulk. There are small commission fees assoicated with the broker but much lower spreads than the Standard Account. For the purpose of this article we will focus more on Raw Account as it is the more common type used by individuals.

Here's a breakdown of our 10 scoring categories, each scored out of 10 for a total of 100 points.

#1 Fees

Broker fees are usually spread into trading and non-trading fees. Non-trading fees are related to nontrading activities such as membership fees or inactivity fees. Trading fees comprise of spreads and commissions which are directly linked to you making trades on the platform.

Non Trading Fees

The non trading fees can often be annoying for users as they have to pay for activities not directly linked to trading. Let's decouple some of the non trading fees for the broker.

Deposit & Withdrawal Fees

There are no deposit and withdrawal fees for the broker which offers some really good for users because often brokers can have hefty withdrawal fees which can be a bit unfair at times. Because the broker does not charrge you for depositing funds with them bur penalises you for taking your own funds from the platform. So kudos to IC Markets for not charging any fees for using your own funds.

Inactivity Fees & Membership fees

There are no inactivity and membership fees for trading with IC Markets which offers some really good value for the broker because brokers can seldom have these annoying membership fees of $10-$20 at times which can be a bit annoying for users.

Moreover, inactivity fees usually also range from $10-$20 and are applicable after 2-3 months. This can also be annoying for users which can be very expesnive incase you forget your funds with a broker that you do not use.

Trading Fees

These are often associated with activities related to trading. Trading fees include commissions and spreads associated with trading different asset classes. Let's discover the trading fees associated with the broker to see the kind of value provided for different types of users.

Commissions

IC Markets does not charge commissions for the Standard Account however, there are $3 commission fee per lot for using the Raw Account. The fact that the Standard Account does not charge commission offers some good value for individual users.

Forex Trading Fees

The forex trading fees for the broker are mentioned below which can help you determine if the broker offers good value or not.

The forex spreads are often an important decision point for forex traders when choosing a broker. Because there are so many brokers in the industry that forex brokers are literally spoiled for choice when choosing a broker. Let's dissect the forex spreads of IC Markets to see if it is viable for you. The spreads analyzed below are for a Standard Account which is one of the most commonly used trading accounts with the broker.

PairSpreads
EURUSD1.1
GBPUSD1.4
USDJPY1.2
AUDUSD1.2
USDCAD1.5
USDCHF1.5
AUDCAD1.8
AUDCHF1.8
AUDJPY1.4
AUDNZD1.8
CADCHF2
EURCAD2.1
CADJPY1.6
CHFJPY1

The forex spread rates offer some really good value with the broker. For instance, most of the major forex spreads can be traded between 1-2 pips on average which is really good because with most brokers you have to single-handedly choose between good and bad offerings for different forex pairs. If you are a pro forex trader we highly recommend Tickmill as they can have spread as low as 0 pips at times. Moreover, we also recommend CMC Markets as they have really low spreads and perhaps one of the widest forex repositories in our database, something that can be really helpful for you if you are someone who really loves to trade forex and wants to delve and invest into niche forex pairs not commonly found in other forex brokers.

How We Rank Fees

At Yore Oyster, we rank fees based on both trading and non-trading fees. Non Trading fees consist of deposit, withdrawal and inactivity fees. The commissions and spreads associated with each asset type are also built in the score to determine the overall value.

The broker only loses a couple of points because it could have provided lower spreads like some of the lower spreads that its competitors offer.

IC Markets Fees Score: 8/10

#2 Signup Process

The signup procedure is very simple and takes a few minutes. Some of the commonly required documents to open your IC Markets account include:

ID Documents

Any ID document that you use must show that you are above 18 years of age.

  • Valid Passport
  • National Identity Card
  • Drivers License

Residency Documents

  • Tax statement or Bank statement
  • Utility bill (electricity, gas, home internet, landline phone, issued recently).

The document that you use should show your current residential address and must match the address on your account application.

The verification process takes around 1 business day which is decent as some brokers can take as long as a few days or even a week.

How We Rank The Signup Procedue

We ranked the signup procedure based on how quick and easy it is to open an account and we base our score on the following criteria:

  • The speed with which the documents can be uploaded
  • Number of documents required
  • The time the verification process takes

The easier an account opening process is without unnecessary checks the higher the score is for this dimension.

Final Verdict Signup Procedure

However, the score is not a perfect score and only a 9 because the broker does not offer same-day verification of your account.

IC Markets Signup Process Score: 9/10

#3 IC Markets Minimum Initial Deposit

The broker has a minimum initial deposit requirement of $200. This is a decent requirement as it is not a very high amount. This amount can be a bit much for users with limited funds looking to get started with trading due to which the broker loses a couple of points. However, on the positive side, you can always give the broker a go because it does not have any withdrawal fees and you can always try other brokers in the case that you do not like the broker.

However, if you are looking for a broker with no minimum initial deposit requirements do check out CMC Markets, FXTM or IronFX. There is no minimum initial deposit requirement for these brokers which augers well for users as it allows beginners and students who may not have thousands of dollars to invest initially into the platform. This is important because often brokers can have high initial deposit requirements which means that not everyone can try them and even if someone tries them and does not like them, they may have to pay high withdrawal fees in doing so.

How We Rank Minimum Initial Deposit

The formula here is simple, the lower the minimum initial deposit the higher the score. We at Yore Oyster believe that everyone should be able to try out a broker without having to deposit thousands of dollars to get the opportunity to do so.

The Scoring Threshold For Minimum Initial Deposit

If a broker has a requirement for upto $100, the score here is a perfect 10, as most people can afford to invest. However, if a broker charges upto $500, it still scores a healthy 8 because most of our readers believe they can invest $500 to try out a broker's services. However, as the minimum initial deposit requirements rise above $500 most of our readers feel a bit hesitant to try out a broker due to which the score decreases.

Final Verdict

The slightly expensive minimum initial deposit for some means that broker loses a couple of points here.

IC Markets Minimum Initial Deposit Score: 8/10

#4 IC Markets Ease of Use

IC Markets does not have its own platform and uses the famous Meta Trader 4 platform for providing services to its users. The platform offers some really good advantages in terms of research tools and education in terms of a detailed user experience. However, the Meta Trader 4 can be a bit difficult to interpret because it can be a bit tough for beginners to understand.

Meta Trader 4 Platform

One of the most commonly used trading platforms, Meta Trader 4 is used by hundreds of brokers around the world. The interface of Meta Trader 4 is not very user-friendly in terms of graphics as it has outdated graphics that need to be revamped. However, in terms of having comprehensive charting tools and statistical tools, Meta Trader completely fits the bill. It is the reason perhaps that the platform is home to hundreds of brokers because it covers all the basics and provides you with a solid foundation in trading. As a platform, we think it's an ideal platform for individuals who are pro traders and have been trading for some time, though it can be a little complicated and daunting for beginners.

MT4 Web & Desktop Trading Platform

The Meta Trader 4 platform provided has a lot of detail in terms of statistical metrics that users can use. A drawback is that the graphics of the applications are a bit outdated and something that the platform can and perhaps should improve upon. The Meta Trader 4 platform can be a bit daunting for beginners to get started with but be a bit easier for professional traders. Professional traders may be used to it because of its pervasiveness in the market and the fact that they may have used it in the past.

MT4 Mobile Trading Platform

Offers a lot of options in terms of customizability. For instance, you can choose your own metrics to evaluate your assets, design your own dashboards. Moreover, you can also set up alerts for prices and different market movements on your mobile.

MT4 Platform Languages

The Meta Trader 4 platform is a global platform that supports hundreds of online brokers. A good feature of the platform is that it has a lot of languages that cover most of the people in the world. The Meta Trader 4 platform is available in:

ArabicGreekPersianGerman
BulgarianHebrewPolishMongolian
ChineseHindiPortugueseThai
CroatianHungarianRomanianTraditional Chinese
CzechIndonesianRussianTurkish
DanishItalianSerbianUkrainian
DutchJapaneseSlovakUzbek
EnglishKoreanSlovenianVietnamese
EstonianLatvianSpanish
FinnishLithuanianSwedish
FrenchMalayTajik

As you can see, the platform covers many of the commonly spoken languages around the world. This offers some really good value for users across the world who want to trade in their own language.

Charting Tools

The charting tools offer decent value in terms of giving a trend of past price fluctuations and the variances associated with an asset. However, the interface for charting does seem like something out of a 1990's Sega Game and Meta Trader could do much to improve it as it is one of the most widely used trading platforms in the world. They could do a better job of improving and enhancing the user experience and useability of the platform.

Multibank

General Comments on The Web Platform

The web platform uses the Meta Trader 4 platform. Due to which the broker offers good customizability to change price chart views by adding different statistical indicators like moving averages etc depending on the need and requirements that you have in terms of the detail that you need. The platform has a clear fee format however, the design can seem a bit outdated and something from the early 2000's designed for Windows XP. You can see an example in the picture below from the Meta Trader 4 platform.

General Comments on The Mobile Trading Platform

The mobile trading platform has a better platform in terms of having an intuitive interface. For instance, the search functions allow you to type in whatever you want to choose rather than choosing from a massive drop-down menu.

IC Markets

Like the web platform you do not have the option to set price alerts and notifications which can be a bit annoying at times.

Some General Comments On The Desktop Platform

The desktop platform also uses the Meta Trader 4 application. However, it allows you to set price notifications and alerts which can be helpful for users, especially because it allows you to remain informed about how the market is going and how you should make your business decisions. Apart from this, the platform has a similar interface and workings to that of the web platform. The outdated graphics is the only reason that the broker loses a couple of points in this dimension.

How We Rank Ease Of Use

Ease of use comprises of the overall user experience provided by a platform. We rank this dimension according to the following criteria:

  • Intuitive Interface Across All Platforms
  • Customizability Options Available To You
  • Advanced Research Tools For Analysis

Having an intuitive interface was ranked as the number one factor by most of our users in considering a broker with a good interface. The options available for customizing dashboards and statistical analysis were also very important factors according to our audience.

Final Verdict

The broker loses a couple of points because it lacks a having its own proprietary platform.

IC Markets Ease of Use Score: 8/10

#5 IC Markets Deposit & Withdrawal Options

There is a myriad of options via which you can deposit or withdraw your funds with IC Markets. This provides you with the much-needed flexibility that you need to deposit or withdraw your funds. Some of the transaction options offered are shown below:

  • Wire Transfer
  • Credit/Debit Cards such as Visa, Electron & Mastercard
  • E-Wallets such as QIWI WALLET, Paypal, Skrill & Neteller
  • Bitcoin Wallet

IC Markets offers an innovative option in allowing Bitcoin Wallet for funding aswell which is something very useful and something unique that the broker offers as many brokers do not allow you to fund your account using digital currencies.

While IC Markets offers a decent amount of options for withdrawal and depositing of funds, an issue to be noted is that you must use the same method for withdrawal of funds that you used for depositing funds.

How We Rank Deposit & Withdrawal Options

Having a lot of Deposit & Withdrawal options gives you the flexibility to deposit and withdraw fudns in the manner that best fits your needs. We rank this dimension according to the following criteria:

  • Ways in which you can deposit your funds
  • Ways in which you can withdraw your funds
  • Number of options within different Deposit and Withdrawal Types

We look at 3 main options that a broker needs to offer for a perfect score as these are the most commonly used by brokers:

  • Credit/Debit Cards
  • Bank Transfer & Wire Transfer
  • E-Wallets such as Paypal, Skrill and WebMoney

Final Verdict Deposit & Withdrawal Options

This dimension scores a perfect 10 because of the plentiful options offered to users living in different parts of the world.

IC Markets Deposit & Withdrawal Options Score: 10/10

#6 Customer Support

Good customer service can really help one, especially in times of need. Customer service is a crucial decision point for our readers when deciding the broker of their choice. Some of the customer service options offered by IC Markets include:

  • Live Chat via the IC Markets website
  • Email at [email protected]
  • Telephone at +61 (0)2 8014 4280
ProsCons
Quick Phone ServiceEmail Response at times maybe a bit slow
Quick & Detailed Email ResponseNo Dedicated Account Manager
Responsive & Relevant Live Chat 
24/7 Service 

The broker offers rapid support throughout different platforms and is available 24/7. The phone support and live chat take a few seconds or minutes at most. The email inquiries are mainly answered within a few minutes. This gives consumers the confidence that they can rely on the broker to come good in times of need, especially since some other brokers do not have good support across platforms which can be a bit stressful for some customers at times. Some brokers also offer dedicated account managers to help newbies get started with trading. This can really help anyone to develop as a successful trader. The broker should definitely look into offering dedicated account managers to help invite newbies or inexperienced traders to use the platform. However, IC Markets does not offer a personal account manager.

How We Rank Customer Support

Customer support plays an important role in getting much needed help. Our criteria takes into account the 3 most pivotal factors considered by our viewers which include:

  • Availabiltiy of Support via Live Chat, Phone & Email
  • Speed & Quality of Response Across Platforms
  • Availability of Customised Support Such as a Dedicated Account Mnager

The customer support dimension is a really important dimension for most of our readers. Hence, we not only take into account all the platforms that are used to provide support but the quality of the support provided and the consumer feedback.

Final Verdict Customer Support

The broker only loses a couple of points because its email response can be slightly slow at times and it does not have a dedicated account manager. Apart from that the broker has a very well rounded customer support.

IC Markets Customer Support Score: 8/10

#7 IC Markets Asset Classes

The asset classes offered by the broker offer plenty of options for users. Let's have a look at the menu and see what is on offer for users.

Asset ClassesNumber of Options
Forex pairs 61
Stock index CFDs25
Stock CFDs 110
ETF CFDs30
Commodity CFDs20
Bond CFDs 9
Cryptos10

IC Markets does a good job of covering the bases and offering most of the asset classes. The number of options for stocks and crypto options are really good and offers more variety than most brokers. However, the variety for the bonds are limited and bond traders could use a more comprehensive bond option list like that offered by Capital.com, which covers hundreds of bonds.

IC Markets Stocks

The stocks offered by the broker include more than 100 options. Many major Australian stocks are offered by the broker, some of the options offered include:

Amcor
Brambles
Commonwealth Bank Of Australia
Macquarie Group
National Australia Bank
One Market
QBE
Rio Tinto
Suncorp
Transurban
Wesfarmers
Woolworths

The broker offers a good variety in covering industries like the agricultural industry, banks and tech allowing you to build the kind of portfolio that you want to construct.

IC Markets Currency Pairs

The broker offers around 50 currency pairs which offer decent value for users who trade forex. Attached below are some of the commonly traded forex pairs on the platform.

EURUSD
GBPUSD
USDJPY
AUDUSD
USDCAD
USDCHF
AUDCAD
AUDCHF
AUDJPY
AUDNZD
CADCHF
EURCAD
CADJPY
CHFJPY
EURAUD
EURNZD
EURCHF
EURNOK
EURGBP
NZDUSD
USDSGD
AUDSGD
CHFSGD
EURDKK
EURHKD

You can see that the broker offers some really good value. There are some unique currencies like the Danish Krone, Singaporean Dollars and Norwegian Krone that are not offered by many brokers.

However, if you are a forex junkie check out CMC Markets that offers more than 300 pairs for you to trade-in.

IC Markets Commodities

The broker offers a lot of commodities that you can trade in. IMC Markets offers more than 20 commodities from the following categories:

Brent
Corn
Coffee
Oil
Soybean
Sugar
Wheat

This gives you the option to trade in different commodity types and build the kind of portfolio that you want to build. Commodity prices can often be quite variable at times hence, we recommend that you do thorough research before investing in commodities.

IC Markets Crypto Options

The broker offers amazing value for crypto where it offers 10 options for users rather than just the 2 or 3 main options offered by most brokers. The options offered by the broker include:

Bitcoin
Bitcoin Cash CFD
Dash
Litecoin
Ripple
EOS
Emercoin
Name Coin
Peer Coin

You can choose to invest in some of the emerging digital currencies like Name Coin and Peer Coin aswell along with established currencies like Bitcoin and Ethereum.

How We Rank Asset Classes

The criteria for ranking asset classes is pretty simple and as follows:

  • Number Of Asset Classes Offered, such as crypto, forex, stocks, ETFs and bonds.
  • Options Provided within each asset class

The more asset classes a broker provides, the more the chance to diversify your portfolio. Diversified portfolios often help in mitigating risk and long term profitability. This is the reason due to whch we give higher ranking and weightage to brokers who give you the option to hedge your risk.

Final Verdict Asset Classes

The broker only loses a couple of points because it does not offer a lot of variety for bonds and stocks as some of the other brokers in our database.

IC Markets Asset Classes Score: 8/10

#8 Referral Program

IC Markets currently does not have any active referral program. Referral programs are often a good way to attract individuals to try out a platform with their friends and family. Referral programs encourage beginners to help each other in their trading journey which can be useful for users.

Unlike many highly ranked trading platforms, such as CMC Markets, Alvexo, IC Markets has no active referral programs. CMC Markets and Alvexo offer up to $250 in rewards for referring your friends or fellow investors to their platforms.

How We Rank Referral Programs

The more rewards a broker gives the higher the score for this dimension. Rewards are a good way for encouraging beginners to start trading with friends and family making the experience enjoyable, due to which we encourage brokers to offer more and more rewards. We also take into account how difficult it is to attain these rewards.

Final Verdict Referral Program

Since there is no referral program tha final score here is a 0.

IC Markets Referral Program Score: 0/10

#9 IC Markets Demo Account & Educational Resources

Having a good demo account and educational resources to practice trading skills can be beneficial for an individual.

IC Markets Demo Account

IC Markets offers a really good demo account. Demo accounts are a great way of training individuals as you can trade with fake money and test out your skills. The demo account does not have a time limit which helps users to take their own time to train before they start trading their own money.

IC Markets Educational Resources

IC Markets offers some basic yet decent resources to help you strengthen your understanding of trading. The resources offered include:

  • Video tutorials on the basics of trading & trading strategies
  • Glossary of key terms
  • Webinars
  • Quality educational articles

The resources provided are detailed to completely train you in the theoretical as well as practical knowledge of trading they also provide you with a solid understanding of how assets are traded using the platform.

How We Rank Demo Account & Educational Resources

The purpose of a demo account and educational resources is to train users to make informed decisions. Our crtiteria marks every broker on the quality of training that they provide beginners with. Our criteria is as follows.

  • The demo account should not have a time limit or a paper trading limit to get a perfect score
  • Educational Resources should include tutorials, webinars and online courses to ensure that anyone new to trading can quickly learn and trade profitably

Final Verdict Educational Resources & Demo Account

The broker only loses a couple of points because it does not offer online courses like Capital.com

IC Markets Demo Account & Educational Resources Score: 8/10

#10 Safety & Regulation

IC Markets is regulated by authorities in Australia by (ASIC) and CySEC in Cyprus. It augers well for users that the broker is regulated by two a tier-1 regulators. Both regulators are strong regulators and have regulated a lot of international brokers. The trading platform also has added safety features such as encryption of private data so that other individuals cannot easily hack.

How We Rank Safety & Regulation

If a broker is regulated by a tier 1 broker like the Financial Conduct Authority of UK (FCA), Securities Exchange Commission (SEC), or Australia Securities & Exchange Commission (ASIC) it scores a perfect score. However, if it is regulated from a tier-2 broker like the Cyprus Securities & Exchange it scores an 8. The score for most tier 3 brokers is a 6 and the score for no regulation is 0. Regulation is an important factor for brokers as non-regulated entities can engage in harmful practices for investors that can be detrimental for them.

Is IC Markets Safe?

Tier-1 regulation coupled with strong encryption means that the broker scores a perfect 10 in our scoring guidelines.

IC Markets Safety & Regulation Score: 10/10

While researching 100+ of the world's top brokers, we’ve noticed what works and what doesn’t from the customer's point of view. That’s why our final test for any broker is to compare it to Capital, which scores 91/100 points across the 10 categories mentioned in this review, and is our top-rated broker for 2021.

IC Markets vs. Capital.com

IC Markets offers decent asset options within most asset categories, a good demo account and plenty of withdrawal and deposit options. However, there are a few ways in which our highest ranked broker Capital.com is better than IC Markets. Let's have a closer examination and see how

Better Asset Options

Capital.com gives you more options by offering more assets such as bonds, ETFs and more than 20 commodities and 1,700 stocks from different industries, nations and continents which really spoils users for choice.

A More Affordable Fee Structure

Capital.com also has a more affordable fee structure and they do not charge any commission as IC Markets does. The spreads are also generally tighter associated with trading which provides you with some good honest value for your money.

Stronger Educational Resources

IC Markets has some good beginner educational resources however, Capital.com is like a Jedi for learning to trade. Capital.com does a comprehensive job of providing you with a lot of quality educational resources. Some of the resources offered include:

  • Tutorial videos on using the platform
  • Educational videos on trading different assets
  • Webinars
  • Educational articles

The resources offered to users start by teaching you how the platform works and then with webinars and articles Capital.com keeps you updated with what's happening in the market. Capital.com also offers asset trading training guides.

Training Guides

  • CFD training guides
  • Commodities training guides
  • Indices trading guides
  • Trading psychology guides
  • Shares trading guides
  • Forex trading guides

Capital.com has you covered if you want to start trading an asset that you have not traded before. They also offer 5 courses that are aimed at training beginners and refreshing the knowledge of experienced traders.

Capital.com Online Courses

  • Introduction to financial markets
  • ABC of derivatives
  • Financial instruments
  • Derivatives and risks of trading
  • What are leverage and margin

The online courses are designed for beginners but anyone can benefit from them in learning the basics and good practices and knowledge of the industry.

So what are you waiting for signup today for the most complete broker in the business.

Related: If you want to learn more about this broker, you can read this excellent review of Capital.com.

In Summary

IC Markets offers really good value for users looking to trade crypto and stock indices. The broker also has decent educational videos to get you started with trading. Morevoer the broker also offers an innovative funding option by allowing users to deposit and withdraw funds using bitcoin, something which is very unique. IC Markets promises to be a good option for anyone looking to trade in stock indices, crypto or anyone looking to get started with trading looking for a decent platform.

IC Markets does not offer a lot of variety for bonds, forex and stocks, so, if you are looking for a good platform that offers a lot of options in these asset classes, then you should have a look at Capital.com. You can make a diverse range of hundreds of stocks, ETFs, & bonds. Capital.com also offers one of the best educational resources in the industry with tens of trading tutorials and plenty of courses on trading different assets.

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