IC Markets vs ForexTB, Who's The Best?
Read our In-Depth IC Markets vs ForexTB Review - 2025 Update
Our review comparing IC Markets and ForexTB has been revised for 2025 by knowledgeable insiders boasting years of expertise across Social Trading, Forex, & CFDs.
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
Every trading platforms will have some ups and downs, so a complete analysis of IC Markets vs ForexTB cannnot be complete without having a fair assessment.
Assess IC Markets and ForexTB to get a better understanding of how they compare with one another before you choose to make an account. Conducting a side-by-side comparison can place factors in perspective in order that you are cognizant of what you should anticipate.
So you are looking for a broker and are choosing between IC Markets or ForexTB. Who is better 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 details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the right broker who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and ForexTB are just two such platforms which will take you along with your investment to great heights. It is crucial to compare IC Markets vs ForexTB until you trust them with your money.
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 full IC Markets vs ForexTB Review covers all you will need to learn about trading with either IC Markets or ForexTB. A good broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and ForexTB are both brokers that have found their way successfully to the broker 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 understand whether either ForexTB or IC Markets is a fantastic fit for your own investments or not. We've attempted to breakdown all the qualities and fees for your advantage.
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 allows you to trade around 232 financial instruments while ForexTB has around 232 financial instruments on their platform.
The more 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 seriously do not 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 your broker through many ways is a sign of a professional broker. 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 the 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
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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 many industry awards over the years 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 head office in Australia.
ForexTB was founded in 2015 and has its headquaters 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 needs, 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 choice.
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 strong collection of rules for ensuring honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs ForexTB Commission And Fees
IC Markets and ForexTB are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're spending a spread, funding rate, or even a commission. The kinds of trading charges and the prices differ 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 cost. Financing or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or ForexTB charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by IC Markets and ForexTB are relatively higher. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs ForexTB review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And ForexTB
What Languages Do IC Markets And ForexTB Support?
Being able to talk easily with your online platform is a key part of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you will find the languages that both IC Markets and ForexTB offer communication in.
How Many Clients Do IC Markets and ForexTB Have?
Both IC Markets and ForexTB are well established with their customer base. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.
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 and 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?