eToro vs IC Markets
Compare eToro and IC Markets across account entities, regulation, editorial scores, user ratings, costs, platforms and markets. Review the entity, regulation, costs and account terms that would apply before opening an account.
Comparison data checked 26 August 2026
Comparison summary
Start with the major differences, then review the detailed sections below. A higher score or lower displayed cost does not establish suitability for every trader.
| Field | eToro | IC Markets |
|---|---|---|
| Comparison summary | ||
| Editorial score | 9.0 / 10 | 9.6 / 10 |
| User rating | No user ratings yet | No user ratings yet |
| Regulatory status | Regulated | Regulated |
| Relevant entity | eToro Group Ltd. | Raw Trading Ltd |
| Minimum deposit | $50 | $200 |
| Typical spread | Approx. 0.5 pips for EUR/USD | 0.1 pips (Raw Spread) for EUR/USD |
| Platforms | Proprietary platform | MetaTrader 4MetaTrader 5cTraderTradingView |
| Markets | 7,000+ instruments across 7 categories | 2,250+ instruments across 7 categories |
| Maximum leverage | 1:30 | 1:30 (varies by entity) |
| Complaint cases | 0 published cases | 0 published cases |
| Regulation and account entities | ||
| Country account entity | eToro Group Ltd. | Raw Trading Ltd |
| Regulatory status | Regulated | Regulated |
| Regulator | Financial Conduct Authority | Australian Securities and Investments Commission |
| Licence type | Tier 1 financial-services licence | Tier 1 financial-services licence |
| Licence number | 583263 | AFSL 335692 |
| Record status | Not confirmed | Not confirmed |
| Jurisdiction | United Kingdom | Australia |
| Client-money rules | Confirmed | Confirmed |
| Negative balance protection | Available | Limited |
| Compensation arrangement | Potentially eligible | Potentially eligible |
| Complaint route | Authority or dispute route | Authority or dispute route |
| Official warnings | 0 active or relevant notices | 0 active or relevant notices |
| Last verified | 26 August 2026 | 26 August 2026 |
| Editorial scores and user ratings | ||
| Overall editorial score | 9.0 / 10 | 9.6 / 10 |
| Regulation and safety | 9.8 / 10 | 9.6 / 10 |
| Trading costs | 8.4 / 10 | 9.8 / 10 |
| Platforms and tools | 9.4 / 10 | 9.8 / 10 |
| Markets and products | 9.2 / 10 | 9.4 / 10 |
| Accounts and accessibility | 9.4 / 10 | 9.8 / 10 |
| Deposits and withdrawals | 8.4 / 10 | 9.8 / 10 |
| Support and education | 8.0 / 10 | 9.2 / 10 |
| Transparency and history | 9.2 / 10 | 9.4 / 10 |
| 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 costs | ||
| Account used | Retail | Standard |
| Instrument | EUR/USD | EUR/USD |
| Spread type | Typical | Typical |
| Spread | Approx. 0.5 pips | 0.1 pips (Raw Spread) |
| Commission | $0 | $3.50 per side / $7 round turn (Raw Spread MetaTrader) |
| Estimated round-turn cost | Approx. 0.5 pips under the broker's published assumptions | Approx. 0.8 pips under the broker's published assumptions |
| Overnight financing long | Both: overnight fees apply to leveraged/CFD positions | Both: swaps charged; swap-free accounts available |
| Overnight financing short | Both: overnight fees apply to leveraged/CFD positions | Both: swaps charged; swap-free accounts available |
| Currency conversion | Variable by currency, payment method, location and eToro Club tier | Conversion at applicable exchange rate/charges; no fixed percentage published |
| Deposit fee | Not confirmed | Not confirmed |
| Withdrawal fee | $5 from USD account; free from eligible local-currency accounts | None; third-party/bank charges may apply |
| Inactivity fee | Not confirmed | None on Global; EU: 10 account-currency units/month after 6 months inactivity |
| Data checked | 26 August 2026 | 26 August 2026 |
| Accounts and accessibility | ||
| Relevant account entity | eToro Group Ltd. | Raw Trading Ltd |
| Account types | RetailProfessionalCorporateIslamicDemo | StandardRaw SpreadcTrader Raw SpreadIslamic/Swap-Free |
| Minimum deposit | $50 | $200 |
| Base currencies | USDAUDGBPEURDKK | USDAUDEURGBPSGDNZDJPYCHFHKDCAD |
| 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 | Not available | Available |
| Application time | Typically a few minutes | Usually minutes to a few hours |
| Country availability | Not confirmed | Not confirmed |
| Client classifications | RetailProfessional | RetailProfessional |
| Trading platforms and tools | ||
| Desktop platforms | Proprietary platform | MetaTrader 4MetaTrader 5cTraderTradingView |
| Web platform | Available | Available |
| Mobile apps | Proprietary | Both |
| MetaTrader 4 | Not available | Available |
| MetaTrader 5 | Not available | Available |
| cTrader | Not available | Available |
| TradingView | Not available | Integration |
| Proprietary platform | Yes | IC Markets Global mobile app / IC app |
| Automated trading | Restricted | Supported |
| Copy trading | Yes, CopyTrader | Not available |
| API access | Yes, Public API | Yes, cTrader FIX API |
| VPS | Not confirmed | Available |
| One-click trading | Not confirmed | Not confirmed |
| Advanced order types | Market, limit, stop-loss, take-profit, trailing stop-loss | Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop |
| Markets and instruments | ||
| Forex | Available | Available |
| Metals | Not listed | Not listed |
| Indices | Available | Available |
| Commodities | Available | Available |
| Share CFDs | Available | Available |
| Cryptocurrency CFDs | Available | Available |
| ETFs | Available | Not listed |
| Bonds | Not listed | Available |
| Futures | Available | Available |
| Options | Not confirmed | Not confirmed |
| Total | 7,000+ reported instruments | 2,250+ reported instruments |
| Availability note | Varies by platform, account and entity | Varies by platform, account and entity |
| Trading conditions | ||
| Maximum leverage | 1:30 for eToro Group Ltd. | 1:30 for Raw Trading Ltd |
| Margin-call level | Not confirmed | Not confirmed |
| Stop-out level | Not confirmed | Not confirmed |
| Minimum trade size | $10 | 0.01 lots |
| Maximum trade size | Not confirmed | Not confirmed |
| Scalping | Not confirmed | Not confirmed |
| Hedging | Not confirmed | Not confirmed |
| Expert advisers | Restricted | Allowed |
| News trading | Not confirmed | Not confirmed |
| Guaranteed stops | Not confirmed | Not confirmed |
| Negative balance protection | Available | Conditional |
| Execution model | Market maker / principal execution | Market execution |
| Trading hours | Varies by instrument | Varies by instrument |
| Deposits and withdrawals | ||
| Deposit methods | Credit/debit card, bank transfer, PayPal, Skrill, Neteller, eToro Money and regional methods | Credit/debit card, PayPal, Neteller, Skrill, UnionPay, bank wire, Bpay, broker-to-broker, POLi, Rapidpay, Klarna, cryptocurrency, local internet banking |
| Withdrawal methods | Bank transfer, cards, PayPal, eToro Money and supported payment methods | Credit/debit card, bank wire, PayPal, Neteller, Skrill, plus applicable original/local payment methods |
| Minimum deposit | $50 | $200 |
| Minimum withdrawal | $30 from USD account; no minimum from eligible local-currency accounts | No minimum |
| Deposit processing | Instant for cards and most e-wallets; bank transfers generally 4-7 business days | Instant for cards, PayPal, Neteller, Skrill, UnionPay and several local methods; bank wire 2-5 business days |
| Withdrawal processing | Typically up to 10 business days depending on method | Same-day processing before cutoff; cards typically 3-5 business days; international wire up to 14 days |
| Broker deposit fee | Not confirmed | Not confirmed |
| Broker withdrawal fee | $5 from USD account; free from eligible local-currency accounts | None; third-party/bank charges may apply |
| Third-party fees | May apply | May apply |
| Local payment methods | eToro Money; local bank transfer and jurisdiction-specific payment methods | Bpay; POLi; Thai Internet Banking; Vietnamese Internet Banking; UnionPay; Rapidpay; Klarna |
| 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, support ticket/email | Live chat, email, phone |
| Support hours | 24/5 | 24/7 |
| Weekend support | Not confirmed | Available |
| Supported languages | 20+ languages | English, Arabic, Chinese, French, German, Indonesian, Italian, Korean, Portuguese, Spanish, Thai, Vietnamese and others |
| Local number | Not confirmed | Not confirmed |
| Account manager | Not confirmed | Not confirmed |
| Market analysis | Extensive: market analysis, news, analyst research, sentiment, TipRanks and community data | Extensive: Trading Central, Autochartist, IC Insights/TipRanks, market analysis and daily forecasts |
| Economic calendar | Not confirmed | Not confirmed |
| Trading signals | Not confirmed | Not confirmed |
| Webinars | Available | Available |
| Courses and guides | Extensive: eToro Academy, courses, guides, videos, tutorials and webinars | Extensive: webinars, educational articles, video/Web TV, trading guides, tutorials |
| Beginner education | Not confirmed | Not confirmed |
| Support score | 8.3 / 10 | 9.3 / 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 | eToro | IC Markets |
| Established | 2007 | 2007 |
| Headquarters | Bnei Brak, Israel | Mahé, Seychelles |
| Parent company | Independent | Independent |
| Legal entities | 1 recorded entity | 1 recorded entity |
| Publicly listed | Yes | No |
| Bank ownership | Not confirmed | Not confirmed |
| Financial reporting | Public | Not confirmed |
| Client count | Not confirmed | Not confirmed |
| Reported trading volume | Not confirmed | Not confirmed |
| Website | etoro.com | icmarkets.com |
| Profile updated | 26 August 2026 | 26 August 2026 |
Category leader: highest or lowest qualifying value under the displayed criterion. 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.
- IC Markets has the lower displayed estimated cost under the selected EUR/USD, Standard and intraday assumptions.
- eToro has the higher regulation-and-safety editorial score, although the applicable protection still depends on the account entity.
- eToro is the selected option offering Proprietary platform.
- IC Markets is the selected option offering MetaTrader 4.
- IC Markets is the selected option offering MetaTrader 5.
- IC Markets is the selected option offering cTrader.
- IC Markets is the selected option offering TradingView.
- eToro 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.