IC Markets vs XBTFX

Both 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 XBTFX (4.6). IC Markets has a lower minimum deposit, at 0.0. Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM. 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 XBTFX offers 1000.0. IC Markets offers a greater leverage limit of 1:1000, whereas XBTFX 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
4.6/5 (8 reviews)
5/5
4.6/5
4.7/5
4.2/5
Minimum deposit ($) 0.0 20.0
Commission 7.0 3.5
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 1000.0
Spread Variable Variable
Broker type ECN STP
Maximal leverage (1:?) 1000 500
Availability ECN STP
Regulation ASIC (Australia) -
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView MetaTrader 5 (MT5), cTrader
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, Neteller Wire Transfer, Perfect Money, Bitcoin, Sticpay, PayRetailers, Crypto
Account Currency USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUD USD, GBP, EUR, BTC
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia English
Country Australia Antigua and Barbuda
Trading platform(s) timezone Australia, Cyprus Antigua and Barbuda, Seychelles
Other trading instruments Indices, Commodities, Energies, CFDs -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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