Compare forex brokers
Select up to three forex or CFD brokers to compare their regulation, editorial scores, user ratings, account terms, trading costs, platforms, markets and available community records.
Broker availability, legal entities, leverage and protections can differ by country. The comparison uses the account entity reported for your country where available.
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| Field | ||
|---|---|---|
| Comparison summaryStart with the major differences, then review the detailed sections below. A higher score or lower displayed cost does not establish suitability for every trader. | ||
| Editorial score | 9.6 / 10 | 9.4 / 10 |
| User rating | No user ratings yet | No user ratings yet |
| Regulatory status | Regulated | Offshore regulated |
| Relevant entity | Raw Trading Ltd | TabTrade (Mauritius) Ltd |
| Minimum deposit | $200 | No minimum stated |
| Typical spread | 0.1 pips (Raw Spread) for EUR/USD | 0.03 pips (Edge) for EUR/USD |
| Platforms | MetaTrader 4MetaTrader 5cTraderTradingView | MetaTrader 5 |
| Markets | 2,250+ instruments across 7 categories | 1,173 instruments across 7 categories |
| Maximum leverage | 1:30 (varies by entity) | 1:1000 |
| Complaint cases | 0 published cases | 0 published cases |
| Regulation and account entitiesRegulation applies to legal entities rather than broker brands. The relevant record depends on which entity would contract with a user in your country. | ||
| Country account entity | Raw Trading Ltd | TabTrade (Mauritius) Ltd |
| Regulatory status | Regulated | Offshore regulated |
| Regulator | Australian Securities and Investments Commission | Financial Services Commission |
| Licence type | Tier 1 financial-services licence | Tier 2 financial-services licence |
| Licence number | AFSL 335692 | Full Service Dealer, excluding Underwriting |
| Record status | Not confirmed | Not confirmed |
| Jurisdiction | Australia | Mauritius |
| Client-money rules | Confirmed | Confirmed |
| Negative balance protection | Limited | Not confirmed |
| Compensation arrangement | Potentially eligible | Not available |
| Complaint route | Authority or dispute route | Not confirmed |
| Official warnings | 0 active or relevant notices | 0 active or relevant notices |
| Last verified | 26 August 2026 | 26 August 2026 |
| Editorial scores and user ratingsEditorial scores reflect the 88 Forex Brokers review method. User ratings reflect eligible community submissions. They remain separate and are never averaged together. | ||
| Overall editorial score | 9.6 / 10 | 9.4 / 10 |
| Regulation and safety | 9.6 / 10 | 9.0 / 10 |
| Trading costs | 9.8 / 10 | 9.8 / 10 |
| Platforms and tools | 9.8 / 10 | 9.3 / 10 |
| Markets and products | 9.4 / 10 | 9.6 / 10 |
| Accounts and accessibility | Not available | Not available |
| Deposits and withdrawals | Not available | Not available |
| Support and education | 9.2 / 10 | 9.1 / 10 |
| Transparency and history | Not available | Not available |
| User rating | No user ratings yet | No user ratings yet |
| Eligible ratings | 0 | 0 |
| Verified experiences | 0 | 0 |
| Editorial review updated | 26 August 2026 | 26 August 2026 |
| Trading costsCompare cost values only when the instrument, account, trade size, direction, currency and observation method match. Advertised minimum spreads are not compared with typical or observed spreads. | ||
| Account used | Standard | Standard |
| Instrument | EUR/USD | EUR/USD |
| Spread type | Typical | Typical |
| Spread | 0.1 pips (Raw Spread) | 0.03 pips (Edge) |
| Commission | $3.50 per side / $7 round turn (Raw Spread MetaTrader) | $3.50 per side / $7 round turn (Edge) |
| Estimated round-turn cost | Approx. 0.8 pips under the broker's published assumptions | Approx. 0.73 pips under the broker's published assumptions |
| Overnight financing long | Both: swaps charged; swap-free accounts available | Both: swaps charged/credited; swap-free account available |
| Overnight financing short | Both: swaps charged; swap-free accounts available | Both: swaps charged/credited; swap-free account available |
| Currency conversion | Conversion at applicable exchange rate/charges; no fixed percentage published | Conversion rate may include a currency conversion fee |
| Deposit fee | Not confirmed | Not confirmed |
| Withdrawal fee | None; third-party/bank charges may apply | Not confirmed |
| Inactivity fee | None on Global; EU: 10 account-currency units/month after 6 months inactivity | No inactivity fee |
| Data checked | 26 August 2026 | 26 August 2026 |
| Accounts and accessibility | ||
| Relevant account entity | Raw Trading Ltd | TabTrade (Mauritius) Ltd |
| Account types | StandardRaw SpreadcTrader Raw SpreadIslamic/Swap-Free | StandardEdgeVIPSwap-Free |
| Minimum deposit | $200 | $0 |
| Base currencies | USDAUDEURGBPSGDNZDJPYCHFHKDCAD | AUDCADCHFEURGBPSGDUSD |
| Demo account | Available | Available |
| Islamic or swap-free | Available | Available |
| Professional account | Eligibility applies | Eligibility applies |
| Cent account | Not available | Not available |
| Raw-spread account | Available | Not available |
| Application time | Usually minutes to a few hours | Minutes |
| Country availability | Not confirmed | Not confirmed |
| Client classifications | RetailProfessional | RetailProfessional |
| Trading platforms and tools | ||
| Desktop platforms | MetaTrader 4MetaTrader 5cTraderTradingView | MetaTrader 5 |
| Web platform | Available | Available |
| Mobile apps | Both | Third-party (MetaTrader 5 app) |
| MetaTrader 4 | Available | Not available |
| MetaTrader 5 | Available | Available |
| cTrader | Available | Not available |
| TradingView | Integration | Not available |
| Proprietary platform | IC Markets Global mobile app / IC app | Not available |
| Automated trading | Supported | Supported |
| Copy trading | Not available | Yes, TabTrade Social |
| API access | Yes, cTrader FIX API | Yes, institutional/API connectivity available |
| VPS | Available | Available |
| One-click trading | Not confirmed | Not confirmed |
| Advanced order types | Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop | Market, limit, stop, stop-limit, stop-loss, take-profit |
| Markets and instruments | ||
| Forex | Available | Available |
| Metals | Not listed | Available |
| Indices | Available | Available |
| Commodities | Available | Available |
| Share CFDs | Available | Available |
| Cryptocurrency CFDs | Available | Available |
| ETFs | Not listed | Not listed |
| Bonds | Available | Not listed |
| Futures | Available | Available |
| Options | Not confirmed | Not confirmed |
| Total | 2,250+ reported instruments | 1,173 reported instruments |
| Availability note | Varies by platform, account and entity | Varies by platform, account and entity |
| Trading conditions | ||
| Maximum leverage | 1:30 for Raw Trading Ltd | 1:1000 for TabTrade (Mauritius) Ltd |
| Margin-call level | Not confirmed | Not confirmed |
| Stop-out level | Not confirmed | Not confirmed |
| Minimum trade size | 0.01 lots | 0.01 lots |
| Maximum trade size | Not confirmed | Not confirmed |
| Scalping | Not confirmed | Not confirmed |
| Hedging | Not confirmed | Not confirmed |
| Expert advisers | Allowed | Allowed |
| News trading | Not confirmed | Not confirmed |
| Guaranteed stops | Not confirmed | Not confirmed |
| Negative balance protection | Conditional | Conditional |
| Execution model | Market execution | Market execution / ECN-style institutional execution |
| Trading hours | Varies by instrument | Varies by instrument |
| Deposits and withdrawals | ||
| Deposit methods | Credit/debit card, PayPal, Neteller, Skrill, UnionPay, bank wire, Bpay, broker-to-broker, POLi, Rapidpay, Klarna, cryptocurrency, local internet banking | Visa, Mastercard, bank transfer, Apple Pay, Google Pay, Skrill, Neteller, cryptocurrency, 50+ local payment methods |
| Withdrawal methods | Credit/debit card, bank wire, PayPal, Neteller, Skrill, plus applicable original/local payment methods | Visa, Mastercard, bank transfer, Skrill, Neteller, cryptocurrency and applicable local payment methods |
| Minimum deposit | $200 | $0 |
| Minimum withdrawal | No minimum | No minimum |
| Deposit processing | Instant for cards, PayPal, Neteller, Skrill, UnionPay and several local methods; bank wire 2-5 business days | Instant for cards, Apple Pay/Google Pay, Skrill, Neteller and most local methods; crypto within 1 hour; bank transfer 1-2 business days |
| Withdrawal processing | Same-day processing before cutoff; cards typically 3-5 business days; international wire up to 14 days | Typically 1 business day processing; cards 1-3 business days; Skrill/Neteller 1-2 business days; bank transfer 2-5 business days |
| Broker deposit fee | Not confirmed | Not confirmed |
| Broker withdrawal fee | None; third-party/bank charges may apply | Not confirmed |
| Third-party fees | May apply | May apply |
| Local payment methods | Bpay; POLi; Thai Internet Banking; Vietnamese Internet Banking; UnionPay; Rapidpay; Klarna | 50+ local payment methods |
| Name matching | Not confirmed | Not confirmed |
| Verification before withdrawal | May be required | May be required |
| Funding data checked | 26 August 2026 | 26 August 2026 |
| Support, research and education | ||
| Support channels | Live chat, email, phone | Live chat, email, phone, WhatsApp |
| Support hours | 24/7 | 24/7 |
| Weekend support | Available | Available |
| Supported languages | English, Arabic, Chinese, French, German, Indonesian, Italian, Korean, Portuguese, Spanish, Thai, Vietnamese and others | Multilingual |
| Local number | Not confirmed | Not confirmed |
| Account manager | Not confirmed | Not confirmed |
| Market analysis | Extensive: Trading Central, Autochartist, IC Insights/TipRanks, market analysis and daily forecasts | Market news, analysis and Trading Tabloid |
| Economic calendar | Not confirmed | Not confirmed |
| Trading signals | Not confirmed | Not confirmed |
| Webinars | Available | Not confirmed |
| Courses and guides | Extensive: webinars, educational articles, video/Web TV, trading guides, tutorials | Extensive: educational articles, trading basics, how-to guides, platform tutorials and trading glossary |
| Beginner education | Not confirmed | Not confirmed |
| Support score | 9.3 / 10 | 9.8 / 10 |
| User reviews and complaints | ||
| User rating | No user ratings yet | No user ratings yet |
| Eligible ratings | 0 | 0 |
| Published reviews | 0 | 0 |
| Verified experiences | 0 | 0 |
| Published complaints | 0 | 0 |
| Open complaints | 0 | 0 |
| Broker responses | 0 | 0 |
| Response rate | Not confirmed | Not confirmed |
| Resolved cases | 0 | 0 |
| Common review topics | Not confirmed | Not confirmed |
| Common complaint topics | Not confirmed | Not confirmed |
| Company and transparency | ||
| Brand | IC Markets | TabTrade |
| Established | 2007 | 2026 |
| Headquarters | Mahé, Seychelles | Melbourne, Australia |
| Parent company | Independent | Independent |
| Legal entities | 1 recorded entity | 1 recorded entity |
| Publicly listed | No | No |
| Bank ownership | Not confirmed | Not confirmed |
| Financial reporting | Not confirmed | Not confirmed |
| Client count | Not confirmed | Not confirmed |
| Reported trading volume | Not confirmed | Not confirmed |
| Website | icmarkets.com | tabtrade.com |
| Profile updated | 26 August 2026 | 26 August 2026 |
Category leader: highest or lowest qualifying value under the displayed criterion. Not available: no verified value. Not comparable: the values use different definitions, instruments, accounts, periods or entities. A missing value is not treated as better or worse than a reported value.
Which broker may suit which trader?
Use conditional, evidence-based summaries rather than naming one overall winner.
- TabTrade has the lower displayed estimated cost under the selected EUR/USD, Standard and intraday assumptions.
- IC Markets has the higher regulation-and-safety editorial score, although the applicable protection still depends on the account entity.
- IC Markets is the selected option offering MetaTrader 4.
- IC Markets is the selected option offering cTrader.
- IC Markets is the selected option offering TradingView.
- TabTrade has the lower confirmed minimum deposit for the selected account.
Confirm the legal entity, regulator, full pricing schedule and account agreement before opening or funding an account.
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Editorial notice
Comparison tables use broker data and editorial assessments. They do not determine which broker is suitable for every trader.