IC Markets vs ForexTB, Who's Better?
Read our In-Depth IC Markets vs ForexTB Review - for 2025
Our IC Markets vs ForexTB review has been updated for 2025 from knowledgeable insiders boasting considerable financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs ForexTB does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
ForexTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs ForexTB
Each online trading platforms feature certain advantages and disadvantages, so a complete analysis of IC Markets vs ForexTB cannnot be regarded as thorough without embracing a fair assessment.
Compare IC Markets and ForexTB in order to understand just how they stack up against one another before you choose to make an account. A comparative analysis can place factors in perspective to ensure that you are aware of what to expect.
So you are looking for a professional broker and are choosing between IC Markets or ForexTB. Which one is best in 2025?
This IC Markets vs ForexTB comparison contains the latest information so you can easily compare ForexTB against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and ForexTB are just two such companies that will take you and your investment into great heights. It's crucial to compare IC Markets vs ForexTB until you trust them with your cash.
Our IC Markets vs ForexTB comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and ForexTB side by side.
Our entire IC Markets vs ForexTB Review covers everything you will need to know about trading with either IC Markets or ForexTB. A good agent can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you choose them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
IC Markets and ForexTB are both brokers that have forged their way successfully into the brokerage world. Within this review, we have tried to collate a number of the important aspects of both IC Markets and ForexTB. This review will allow you to know whether either ForexTB or IC Markets is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of IC Markets and ForexTB Compared
IC Markets offers a minimum deposit of $200 while ForexTB offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and ForexTB compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets has around 232 financial instruments whilst ForexTB has around 232 on their platform.
The more financial instruments you can trade on the IC Markets and ForexTB trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of IC Markets or ForexTB.
IC Markets and ForexTB Contact Details
Being able to contact an online trading platform simply is important. IC Markets and ForexTB have the following contact details and social medias that you can use.
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Broker | IC Markets | ForexTB |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | ForexTB Twitter Account | |
IC Markets Facebook Page | ForexTB Facebook Page | |
IC Markets Instagram Account | ForexTB Instagram Account | |
IC Markets LinkedIn Page | ForexTB LinkedIn Page | |
YouTube | IC Markets YouTube Channel | ForexTB YouTube Channel |
Find Out More |
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ForexTB and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of IC Markets and ForexTB we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs ForexTB - Awards
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Broker | IC Markets | ForexTB |
Awards |
IC Markets have won numerous industry awards over the time they have been running as a financial broker. We list the most recognised awards for IC Markets here.
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At the time of writing this ForexTB review, and despite ForexTB’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs ForexTB - Frequently Asked Questions
IC Markets vs ForexTB - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
ForexTB was founded in 2015 and has its head office in Cyprus.
What is the minimum deposit for ForexTB or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for ForexTB is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and ForexTB are a good option.
IC Markets vs ForexTB - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15.
Both IC Markets and ForexTB have a powerful set of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs ForexTB Commission And Fees
IC Markets and ForexTB are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 types of penalties for this objective.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, funding speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are those who are billed when you hold a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither IC Markets or ForexTB charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by IC Markets and ForexTB are comparatively lower. Consequently, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This IC Markets vs ForexTB review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And ForexTB
What Languages Do IC Markets And ForexTB Support?
Being able to chat completely with your online platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both IC Markets and ForexTB support.
How Many Clients Do IC Markets and ForexTB Have?
Both IC Markets and ForexTB are well established with their customer base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users IC Markets and ForexTB are working with
What Payment Methods Do IC Markets and ForexTB Accept?
IC Markets and ForexTB both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and ForexTB
What Can You Trade With IC Markets and ForexTB?
IC Markets offers 232 trading instruments while ForexTB offers 100.
Below you will find a full breakdown of what both IC Markets and ForexTB offer.
IC Markets Review
IC Markets vs ForexTB:
Table Of Contents
- Compare IC Markets vs ForexTB
- Benefits of IC Markets and ForexTB Compared
- ForexTB and IC Markets Mobile App Comparison
- IC Markets vs ForexTB - Awards
- IC Markets vs ForexTB - Frequently Asked Questions
- What is the minimum deposit for ForexTB or IC Markets
- IC Markets vs ForexTB - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And ForexTB
- What Languages Do IC Markets And ForexTB Support?
- How Many Clients Do IC Markets and ForexTB Have?
- What Payment Methods Do IC Markets and ForexTB Accept?
- What Can You Trade With IC Markets and ForexTB?