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eToro vs IC Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for eToro and IC Markets.

eToroTrust 8.7/10
ASIC
FCA
CySEC
FinCEN

Worlds largest social trading platform with 30M+ users. Copy trade successful investors, plus access to forex, stocks, crypto, ETFs, and commodities.

IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Quick verdict

  • Trust: IC Markets has the higher trust score.
  • EUR/USD spread: IC Markets is tighter on EUR/USD.

Side-by-side comparison

FeatureeToroIC Markets
Trust score8.79.3
RegulatorsASIC, FCA, CySEC, FinCENASIC, CySEC, FSA-Seychelles
Headquarters
Founded
Min deposit$50$200
Max leverage1:301:500
EUR/USD spread1.00 pips0.10 pips
Commission per lot$0.00$7
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methods
Withdrawal methods
Withdrawal speed
Base currencies

eToro is best for

Beginners
Social/copy traders
Multi-asset investors

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users