ForTrade
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
ForTrade and IC Markets are two prominent brokers offering diverse trading opportunities, each catering to different trader preferences. ForTrade, with a rating of 3.81/5, appeals to traders seeking a user-friendly proprietary platform alongside MT4, and benefits from regulation by the FCA, ASIC, and CySEC. It is particularly suited for traders who prefer commission-free trading, albeit with slightly wider spreads. In contrast, IC Markets, rated at 3.87/5, is ideal for traders focused on cost efficiency, offering ultra-low spreads from 0.0 pips and fast execution speeds, although it requires a higher minimum deposit and charges a commission.
ForTrade
IC Markets
| ForTrade | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $200 |
| Spread from | 1 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, CySEC ✓ | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.8/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowForTrade
WinnerIC Markets
ForTrade
IC Markets
ForTrade
3.8/5
Choose ForTrade if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. ForTrade holds a 3.8/5 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.
ForTrade offers spreads from 1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
ForTrade requires a minimum deposit of $100. IC Markets requires $200.
ForTrade is regulated by FCA, ASIC, CySEC, while IC Markets holds licences from ASIC, CySEC.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.