eToro vs IC Markets
We've prepared a broker comparison between eToro and IC Markets to help you choose the one that fits your trading style. Our review contracts eToro and IC Markets on regulation and safety, pricing and fees, platforms and tools, market range, execution, account options, and deposits/withdrawals, presented side by side for clarity.
Who is eToro?
eToro is a globally recognized multi-asset trading platform founded in 2007, best known for its social trading and copy trading features. The broker has built a strong reputation for its innovative trading technology, transparent pricing structure, and strong regulatory outlook across multiple jurisdictions. The official website of eToro is www.etoro.com.
The minimum deposit required to start trading with eToro is $50.
Who is IC Markets?
IC Markets is a global online forex and CFD broker founded in 2007, headed in Sydney, Australia. The broker is widely known for its ultra-low spreads, fast execution speeds, and deep liquidity. IC Markets offers access to a broad range of trading instruments through multiple trading platforms. The official website of IC Markets is www.icmarkets.com.
The minimum deposit required to start trading with IC Markets is $200.
eToro vs IC Markets Side-by-Side Comparison
eToro, established in 2007, holds licenses from the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles). The company maintains local offices in London, Limassol, Hoboken, Sydney and Abu Dhabi. To place orders, traders can use the company's eToro proprietary platform.and provides trading through.
The minimum deposit required to open an account at eToro is $50 and clients can open accounts in USD, EUR and GBP. The broker operates folloing a hybrid model (A+B Book) and supports copy trading through CopyTrader™. For and withdrawals, eToro clients can use various payment options, such as credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, PayPal).
By comparison, IC Markets was founded in 2007 and is regulated by the ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), CMA (Kenya) and SCB (Bahamas). The firm holds offices in Limassol, Sydney, Mahe, Nairobi and Nassau. Traders at IC Markets can choose from several trading platforms, including MT4, MT5, cTrader and TradingView. To open an account, IC Markets requires a minimum deposit of $200, with account base currencies available in USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD and CAD. The broker operates following an A-Book model and offers copy trading through cTrader Copy, ZuluTrade, and Signal Start. Deposits and withdrawals are supported via credit and debit cards, bank wire transfers and e-wallets (Skrill, Neteller, PayPal).
eToro vs IC Markets Market Instruments
eToro gives traders access to 7,000+ instruments, delivering CFDs on forex, stocks, indices, commodities, etfs, cryptocurrencies + real stocks, etfs and crypto. The collection of products at eToro spans 62 forex pairs, 6493 stocks, 32 indices, 47 commodities, and 145 crypto pairs.
IC Markets, by comparison, provides 2,250+ instruments, including CFDs on forex, stocks, indices, commodities, etfs, bonds, futures and cryptocurrencies. By the numbers, IC Markets offers 61 forex pairs, 2,100+ stocks, 25 indices, 28+ commodities, and 13 crypto pairs.
eToro vs IC Markets Account Types
eToro vs IC Markets Spreads Comparison
The spreads cited here refer to minimum and average spreads on standard accounts for eToro and IC Markets. Actual trading costs can change with market volatility, liquidity, and account type. Therefore, it is best to verify current figures on each broker’s website.
Comparing minimum spreads: eToro posts EUR/USD minimum spreads from 1.0 pips while at IC Markets it starts from 0.8 pips. For GBP/USD, eToro quotes a minimum spread of 2.0 pips versus 0.8 pips at IC Markets. For USD/CAD, eToro publishes 1.5 pips and IC Markets offers 0.8 pips. For CAD/JPY, eToro quotes 6.0 pips compared with 1.0 pips at IC Markets.
Beyond forex, eToro posts a minimum XAU/USD spread of 0.025% versus $0.1 at IC Markets, WTI at $0.05 against $0.01, and Bitcoin at 1% compared with $1.85.
For average spreads: IC Markets publishes EUR/USD averages at 0.82 pips and GBP/USD at 1.03 pips on standard accounts. eToro does not provide data about the average spreads.
eToro vs IC Markets Minimum Spreads Comparison
eToro vs IC Markets Average Spreads Comparison
Costs on Raw/Zero Spread Account
IC Markets provides a raw/zero spread account with a published minimum spread of 0.0 pips and a commission of $3.5 per side per lot. In contrast, eToro does not offer raw/zero spread accounts.
On raw/zero spread setups, your total trading cost typically combines an ultra-low spread with a per-side commission. Because spreads shift with market volatility and liquidity, always confirm the latest pricing directly on each broker’s website.
Other Features
eToro vs IC Markets: Wrapping Up the Comparison
eToro and IC Markets are established global brokers, both founded in 2007.eToro operates with strict oversight by the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles), while IC Markets is regulated by the ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), CMA (Kenya) and SCB (Bahamas) for IC Markets. Platform-wise, eToro focuses on its eToro proprietary platform, while IC Markets provides a broader lineup, which includes MT4, MT5, cTrader and TradingView. Both brokers support copy trading, with eToro offering its built-in tool and IC Markets integrating third-party services.
Instruments and access differ. eToro grants access to 7,000+ instruments, including CFDs on forex, stocks, indices, commodities, etfs, cryptocurrencies + real stocks, etfs and crypto. On the other hand, IC Markets offers 2,250+ instruments, covering CFDs on forex, stocks, indices, commodities, etfs, bonds, futures and cryptocurrencies. The minimum deposit is $50 at eToro versus $200 at IC Markets.
Account availability also differs between the two brokers. eToro provides a Standard account and does not offer a raw-spread option or additional tiers. IC Markets features a Standard account and a raw-spread option, and also provides Starter, Raw Pro and Raw Pro +. On costs, EUR/USD minimum spreads are 1.0 pips at eToro and 0.8 pips at IC Markets.
In short, eToro may be better suited for traders who want a simple setup with social trading, whereas IC Markets appeals to those seeking multi-platform flexibility and tighter minimum spreads.
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