IC Markets vs RannForex

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, IC Markets currently holds a lower overall rating (4.2) compared to RannForex (4.5). Both brokers have the same minimum deposit of 0.0. Both platforms offer their clients demo accounts, mobile trading, scalping. Traders should note that both companies offer the same minimum lot size 0.01, but IC Markets has a maximum lot size of 200.0, while RannForex offers 100.0. IC Markets offers a greater leverage limit of 1:1000, whereas RannForex allows a maximum of only 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.2/5 (402 reviews)
4.3/5
4.2/5
4.2/5
4.1/5
4.5/5 (9 reviews)
4.5/5
4.5/5
4.5/5
4.5/5
Minimum deposit ($) 0.0 0.0
Commission 7.0 4.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 200.0 100.0
Spread Variable Variable
Broker type ECN STP, ECN, NDD, Prime of Prime
Maximal leverage (1:?) 1000 500
Availability ECN STP, ECN, NDD, Prime of Prime
Regulation ASIC (Australia) FSA (Seychelles)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, Neteller Wire Transfer, Crypto, AdvCash
Account Currency USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUD USD
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia English, Spanish, Russian
Country Australia Seychelles
Trading platform(s) timezone Australia, Cyprus Seychelles
Other trading instruments Indices, Commodities, Energies, CFDs Indices, Energies, Precious Metals, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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