BROKER COMPARISON
eToro vs IC Markets
An in-depth comparison to help you choose the right broker for your trading journey.
Quick Verdict
Side-by-Side Comparison
Feature
Overall Rating
4/5
4.6/5
Minimum Deposit
$50
$200
Spreads From
1.0 pips
0.0 pips
Max Leverage
Up to 30:1 (EU)
Up to 500:1
Instruments
3,000+
2,250+
Fees Score
3.5/5
4.9/5
Platforms Score
4/5
4.7/5
Education Score
4.2/5
3.5/5
Safety Score
4.5/5
4.5/5
Platforms
eToro Platform, eToro Mobile App
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Founded
2007
2007
Headquarters
Tel Aviv, Israel
Sydney, Australia
Pros & Cons
Pros
- Industry-leading copy trading (CopyTrader)
- Low minimum deposit of $50
- Commission-free stock trading
- User-friendly mobile app
- Large social community of 30M+ users
Cons
- $5 withdrawal fee
- Spreads higher than traditional brokers
- Limited advanced charting tools
- Proprietary platform only (no MT4/MT5)
Pros
- Industry-leading raw spreads from 0.0 pips
- True ECN execution with no dealing desk
- $1 trillion+ monthly trading volume
- Multiple platforms including TradingView
- Excellent for high-frequency and algo trading
- Deep institutional liquidity
Cons
- $200 minimum deposit
- Limited educational content
- No proprietary platform
- Basic research tools
Our Recommendation
Choose
If you:
- High-volume traders
- Scalpers
- Algorithmic traders
- Professional traders
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