IC Markets versus ActivTrades

ActivTrades offers clients its cutting-edge proprietary trading platform, ActivTrader. It also upgrades MT4/MT5 with seven plugins, creating a competitive environment. Beginner traders can schedule one-on-one training sessions and supplement their education via interactive webinars and videos. Its superb technology infrastructure makes ActivTrades an ideal choice for demanding, algorithmic traders.

Traders at IC Markets, the leader among algorithmic traders based on daily trading volume, get the 20-plugin Advanced Trading Tools MT4 upgrade, creating one of the most competitive MT4 environments industry-wide. MT5 and cTrader are also available, fully supporting algorithmic and copy trading. IC Markets also features third-party services by Myfxbook AutoTrade and ZuluTrade.

We have conducted an in-depth review of ActivTrades and IC Markets to determine which presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsActivTrades (visit site)IC Markets (visit site)
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
£10 monthly after one year
Deposit Fee:
Yes + Third-PartyThird-Party
Withdrawal Fee
Yes + Third-PartyThird-Party
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Superb technology infrastructureSuperior trade execution
Unique Feature Two:
Excellent educationExcellent MT4 trading tools
Broker Offers:


ActivTrades offers API trading for advanced algorithmic trading solutions and maintains a dedicated institutional division. IC Markets supports demanding algorithmic traders via three third-party VPS hostings.

Available Markets

Available MarketsActivTradesIC Markets
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

Both brokers maintain a balanced asset selection, where ActivTrades lists 1,000+ assets versus 2,000+ at IC Markets, where the depth of the equity selection remains the primary difference. Forex traders get a selection of 48 currency pairs and nine cryptocurrency CFDs at ActivTrades, trailing the 61 and 23 at IC Markets, which presents more overall quantity.

Typical Spreads and Fees

Typical Spreads & FeesActivTradesIC Markets
Minimum Raw Spreads:
Not applicable0.0 pips
Minimum Standard Spreads:
0.5 pips0.6 pips
Minimum Commission for Forex:
Commission-free$6.00 per round lot
Commission for CFDs/DMA:
0.10% / $0.04 per share$7.00 / $0.04 per round lot
Commission Rebates:
Execution Type:
Market MakerMarket Maker/ECN

Minimum Forex trading costs at ActivTrades are lower than IC Markets, but average fees are higher, even with the volume-based rebate program at ActivTrades. Unleveraged equity trading at ActivTrades is commission-free. Otherwise, industry-average costs apply, where IC Markets maintains an edge.

Security and Trust


Country of the RegulatorName of the RegulatorLicense Number
Financial Conduct Authority434413
Securities Commission of The Bahamas199667 B
Commission de Surveillance du Secteur FinancierB232167
Commissione Nazionale per le Società e la Borsa198
Financial Supervision CommissionUndisclosed

IC Markets

Country of the RegulatorName of the RegulatorLicense Number
Seychelles Financial Services AuthoritySD018
Australian Securities & Investments Commission335692
Securities Commission of The BahamasSIA-F214
Cyprus Securities and Exchange Commission362/18

ActivTrades and IC Markets both offer negative balance protection, segregate client deposits from corporate funds, comply with numerous regulators and maintain spotless track records. ActivTrades additionally offers all clients $1,000,000 in third-party liability insurance protection. From a trust and security perspective, both rank equally, while ActivTrades maintains better overall protection than IC Markets.

IC Markets vs ActivTrades – Verdict


Upgraded MT4/MT5 trading platforms and a cutting-edge proprietary alternativeNo choice of account types
Excellent order execution due to superior technology infrastructure
Outstanding educational resources for beginners
Interest payments on free margin and volume-based cash rebate program

IC Markets

Excellent choice of trading platforms consisting of MT4/MT5, and cTrader Minimum deposit slightly higher but within a reasonable range
Market-leading MT4 upgrade package, MAM/PAMM accounts, and VPS hosting
Social trading support via Myfxbook, MetaTrader Signals, and ZuluTrade
Leverage of up to 1:500, deep liquidity, and superb trade execution

An excellent trading infrastructure, superior order execution, and a balanced asset selection exist at ActivTrades and IC Markets. Both upgrade their MT4/MT5 platforms. While IC Markets remains the market leader for algorithmic traders with low trading costs, ActivTrades remains a better overall choice for beginners due to its excellent educational resources, including one-on-one sessions.

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Is IC Markets a good broker?

IC Markets established itself as an industry-leading broker offering one of the most competitive MT4 environments. It also maintains competitive commission-based costs, excellent order execution, deep liquidity, high leverage, and quality education and research for beginners.

Is IC Markets allowed in the US?

IC Markets does not accept US-based traders, has no physical presence, and is not under US regulation. Therefore, IC Markets and its industry-leading trading infrastructure is not allowed in the US.

Is ActivTrades an ECN?

ActivTrades is not an ECN broker but deploys the market maker model, meaning it profits directly from client losses where it acts as the counterparty.

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