Skip links

COMPARE BROKER

Roboforex Vs IC Markets

Roboforex vs IC Markets

Roboforex Vs IC Markets : Which is the Most Reliable Broker ? – Trading in the high-risk forex market, every trader must be able to minimize the risks involved, one of which is to find the best forex broker. We will compare Roboforex Vs IC Markets to give you consideration in choosing the best forex brokers as your trading platform.

# Roboforex at Glance

RoboForex is a leading CFD and forex broker that has been offering its services to traders and investors since 2009. The company offers a wide range of trading instruments as well as a sophisticated trading platform. In addition, there is a copy trading feature on the trading platform that allows novice traders to copy successful traders on the platform.

# IC Markets at Glance 

IC Markets has been on the market since 2007 and in terms of trading volume IC Markets is one of the largest brokers today. Broker IC Markets is one of the top forex brokers in the number of active client accounts on the market. IC Markets is headquartered in Australia and also offers popular and advanced platforms such as Metatrader 4 and Metatrader 5, in addition cTrader is also available.

roboforex broker IC Markets broker
Website www.roboforex.com www.icmarkets.com
Founded 2009 2007
Min. Deposit $10 $200
Max. Leverage 1:2000 1:500
Min. Trade Size 0.01 0.01
Spread Variable Variable
Islamic Account
Segregated Account
Scalping Allowed
Hegding Allowed
Trading Platform Meta Trader 4, Meta Trader 5, CopyFX Meta Trader 4, Meta Trader 5, cTrader and IC Social
Markets offered Forex, Metals, CFDs, Stocks, Crypto Currency Forex, Metals, Indices, Stocks, Commodities, Cryptocurrencies

 

Roboforex Vs IC Markets : Security and Regulation

Choosing the right broker can minimize the risk of the trades we make, at least we have put our money in the right broker. Where the broker has been regulated by an authorized regulatory agency. Regulatory bodies have an important role in overseeing and regulating a broker to conduct business in a fair and transparent manner, Roboforex and IC Markets are both regulated brokers.

RoboForex Ltd ​is authorised by the the International Financial Service Commission ( FSC ) of Belize with license No. 000138/333 , Another Roboforex group namely RoboMarkets Ltd is regulated by the Cyprus Securities and Exchange Commission ( CySEC ), under licence No. 191/13.

On the other hand, IC Markets is regulated by the Australian Securities and Investments Commission ( ASIC ), Cyprus Securities and Exchange Commission ( CySEC ), the Seychelles Financial Services Authority ( FSA of Seychelless ), and the Securities Commission of the Bahamas ( SCB ).

Both brokers apply separate client funds, meaning that client funds are kept in separate bank accounts from the broker’s operational funds. In addition, both of them apply negative balance protection to their clients.

 

Regulation roboforex broker IC Markets broker
CySEC
ASIC
FSA Seychelles
SCB Bahamas
IFSC ( FSC of Belize )

Roboforex Vs IC Markets : Trading Conditions

Roboforex and IC Markets are two forex brokers that have been in the market for over 10 years. Both Roboforex and IC Markets offer customized trading conditions for all levels of traders. Although both offer competitive trading conditions, there are differences that traders should consider before choosing between the two brokers. Now we will compare Roboforex Vs IC Markets based on trading conditions.

  • Minimum Deposit : Roboforex offer minimum deposit $10, while IC Markets offer minimum deposit $200
  • Trading Account Types : Roboforex account types are Cent, Pro, ECN, StockTrader and Prime. While IC Markets offers 3 options, IC Markets account types include Standard , Raw Spread and cTrader.
  • Spreads : Roboforex offers spreads from 0.0 pips on ECN and Prime account type, While IC Markets offers spreads from 0.0 pips on Raw Spread and cTrader account types
  • Leverage : Roboforex offer leverage maximum 1:2000 , While IC Markets offer leverage maximum 1:500 on all account types
  • Trading Platform : Roboforex offer a popular trading platform Metatrader 4 and Metatrader 5. While IC Markets offer trading platform MT, MT5 and cTrader. Both have copy trading platforms for their clients
  • Trading Instrument : Both brokers offer a wide range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
  • Fees and Commissions : Roboforex charges a commission of 2 ( Base Currency ) per lot on its ECN Account and 1 ( Base Currency ) per lot on its Prime Account , While IC Markets charge a commission $7 per lot on its Raw Spreads Account and $6 per lot on its cTrader Account

 

Roboforex Vs IC Markets : Funding Options

Roboforex and IC Markets are well-known brokers in the financial industry. Both have been more than 10 years in the market. With experience in the industry, both offer a wide range of trading instruments, competitive spreads, and platforms with reliable features. However, in terms of deposit and withdrawal options, they have some differences that traders need to consider.

 

roboforex broker ic markets broker
Deposit method Credit/debit cards, Skrill  , Neteller, PerfectMoney, AstroPay, Western Union, Local Bank Transer Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer
Withdrawal method Credit/debit cards, Skrill  , Neteller, PerfectMoney, AstroPay, Western Union, Local Bank Transer Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer

 

Customer Support
Trading problems can occur at any time, if there is a problem, the broker must be contactable at any time. Roboforex and IC Markets offer 24/7 customer support via live chat, email and telephone.

In conclusion, Roboforex and IC Markets are excellent forex brokers, both licensed and regulated by top level regulatory bodies, and the choice between the two will depend on your preferences and trading needs.

Roboforex and IC Markets both offer low trading fees, offering spreads from 0.0 pips, the trading commissions they both offer are equally low. Both also offer advanced copy trading or social trading features through the CopyFX.com (Roboforex) and IC Social (IC Markets) platforms.

– If you need a broker with a low minimum deposit and high leverage, Roboforex has the upper hand over IC Markets.
– If you need a trading platform with complex charting, IC Markets has the cTrader trading platform while Roboforex is only limited to the MT4 and MT5 trading platforms.

We hope this article helped you compare Roboforex Vs IC Markets, trading decisions are completely in your control.

This website uses cookies to improve your web experience.