XTB VS IC MARKETS Comparison in 2024

In this article we are going to list in a comparative table the differences between XTB Broker and IC Markets Broker.

XTB broker started its activity in 2002 (under the name X-Trade Brokers). It started in Poland and has expanded internationally. It currently has offices in 14 countries and clients all over the world. It has important regulations, such as the UK FCA, and offers a versatile portfolio of services with more than 6100 financial instruments to invest in and its own comprehensive xStation trading platform.

IC Markets is an Australian based broker, with extensive experience in the industry, which has earned an excellent reputation mainly due to its ultra-fast order execution and low spreads. This makes it a good choice for day traders and strategies such as scalping and automated trading. It offers popular platforms such as MT4 MT5 or cTrader and has a wide variety of deposit and withdrawal options.

Here is a comparison of both brokers:

XTB	IC MARKETS
SELECT BROKER
Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB	Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB
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Go to XTB	Go to IC Markets
Name
XTB	IC Markets
Trustpilot Rating
3,9 / 5	4,8 / 5
Regulation
FCA, FSC, CySEC, KNF, DFSA	FSA
Established since
2002	2007
Headquarters
London, United Kingdom	Australia
Execution Type
Market Maker	ECN Pricing Model
Min Deposit
0 $	200 € / $
Max Leverage
1:500	1:1000
Trading Platforms
Proprietary Webtrader (xStation 5), Mobile Versions (iOS and Android)	cTrader, MetaTrader 4, MetaTrader 5, Webtrader (MT4, MT5 and cTrader), Mobile Versions (MT4, MT5 and cTrader)
IOS APP
ANDROID APP
WEB
GO TO XTB	GO TO IC Markets
EUR/USD Spread
Spreads from 0.1 pips.	From 0 pips on Raw Spread accounts (with commission) and from 0.6 pips on Standard accounts.
Minimum Size
0.01 Lots	0.01 Lots
Payment Methods
Funding methods vary according to the resident country of the client.Examples: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller	Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), Neteller, Paypal, Klarna, Bitcoin
Demo Account
Islamic Account
Social Trading
Scalping
Hedging
Algorithmic trading
VPS
Financial Intruments
Over 6100: Forex, indices, commodities, stocks, ETFs and cryptocurrencies.	More than 2250: More than 60 Forex currency pairs. Also offers commodities, indices, stocks, bonds, cryptocurrencies and futures.
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Go to XTB	Go to IC Markets
Pros
More than 6,100 financial instruments to trade. Excellent customer support and free training resources. Fast and intuitive xStation platform for all types of traders.	Good trading conditions: low spreads, fast execution, professional trading platforms,... Any trading strategy is welcome at IC Markets: scalping, hedging, expert advisors,... Internationally regulated broker. Very good reputation and experience.
Cons
Does not offer MetaTrader 4 or MetaTrader 5. Only its own trading platform. Demo account limited to 30 days of use. Not valid for automatic trading or copy trading.	Without training material. Broker more oriented to experienced traders. There may be commissions on international bank transfers. IC Markets does not usually offer bonuses or promotions.
Offer
VISIT BROKER (*) 76%-85% of retail investors lose money when trading CFDs with this broker. Excellent customer support.	VISIT BROKER