Side-by-side broker analysis
Fortrade vs IC Markets
Live comparison from our broker database — regulation, trading costs, platforms, deposits, safety scores, and service quality.
IC Markets
Lowest min. deposit
Fortrade
$100
Highest rating
IC Markets
5.0/5
Best safety score
Fortrade
52/100
Fortrade leads this comparison based on leads on rating, safety, regulation, and overall trading profile in our database.
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Overview
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Overall rating | 3.5/5 | 5.0/5 |
| Safety score | 52/100 | 43/100 |
| Risk status | High Risk | High Risk |
| Trust score | — | — |
| User reviews | — | 1 |
| Founded | — | — |
| Headquarters | United Kingdom | IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles. |
| Top feature | Multi-regulator oversight for client security. | Offers ultra-low spreads from 0.0 pips with fast execution speeds. |
Regulation & Safety
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Regulators | FCA (UK), ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FSC (Mauritius) | — |
| Regulatory tier | — | — |
| Broker type | Regulated | Unregulated |
| Investor protection | No | No |
| Segregated funds | Yes | Yes |
| Negative balance protection | No | No |
Trading Conditions
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Minimum deposit | $100 | $200 |
| Average spreads | Average spread for EUR/USD is around 2 pips | Starts from 0.0 |
| Commission | None | None |
| Maximum leverage | up to 1:200 | 1:500 |
| Fee level | Medium | Medium |
| Withdrawal fee | — | — |
Accounts & Markets
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Account types | Most Trusted, Beginner Friendly, Copy Trading, Zero Commission, Crypto, Scalping EA, Fast Execution | Standard Account, Raw Spread Account |
| Tradable instruments | — | — |
| Markets | — | — |
Platforms & Tools
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Trading platforms | MetaTrader 4, WebTrader | — |
| Mobile trading | Yes | Yes |
| Web trader | Yes | Yes |
| VPS hosting | No | Yes |
| Social trading | Yes | Yes |
Deposits & Withdrawals
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Deposit methods | Funds can be added using credit or debit cards (Visa, MasterCard), bank wire transfers, or e-wallets such as Skrill and Neteller. Deposits are usually processed instantly for cards and e-wallets, with the only minimum being the $100 required to open an account. | IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply. |
| Withdrawal methods | Withdrawals follow the same options, but cards are limited to the original deposit amount. Excess funds go via wire transfer or e-wallets. Processing takes 1-5 business days, and there are no fees from the broker. | IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply. |
| Payment methods | Overlaps with deposits and withdrawals: cards, bank wires, and e-wallets. Cryptocurrency payments are not supported. | Bank Wire Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Broker to Broker Transfer. |
Support & Service
| Metric |
Fortrade
|
IC Markets
|
|---|---|---|
| Support channels | Customer Support: Fortrade provides support 24 hours a day, 5 days a week through live chat (instant), email, and phone with multiple international lines. | 24/7 support via live chat, email, and phone. |
| Languages | The platform and support are available in over 15 languages, including English, German, Spanish, French, Italian, Arabic, Dutch, Polish, Portuguese, Russian, Croatian, Bosnian, Hungarian, and Macedonian. | English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese. |
| Account managers | No | Yes |
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