E*TRADE
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this comparison of E*TRADE and IC Markets, we examine two brokers catering to distinct trader profiles. E*TRADE, with a rating of 3.6/5, appeals primarily to US-based investors interested in zero-commission stock and ETF trading, offering a robust platform for options trading but lacking in forex and CFD markets. Conversely, IC Markets, rated 3.87/5, is ideal for global forex and CFD traders seeking ultra-low spreads and high leverage, supported by popular platforms like MT4 and MT5, albeit with a $200 minimum deposit requirement. Each broker presents unique advantages, making them suitable for different trading strategies and preferences.
E*TRADE
IC Markets
| E*TRADE | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | SEC, CFTC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE
WinnerIC Markets
E*TRADE
Lower feesIC Markets
E*TRADE
3.6/5
Choose E*TRADE if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
E*TRADE offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. IC Markets requires $200.
E*TRADE is regulated by SEC, CFTC, while IC Markets holds licences from ASIC, CySEC.
E*TRADE supports Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.