The AvaTrade vs IC Markets: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for AvaTrade and IC Markets, pulled from the same data as their individual reviews.
Key Differences
- • IC Markets holds the higher overall rating: 9.6/10 vs 9.4/10 for AvaTrade.
- • AvaTrade has the lower minimum deposit: $100 vs $200 at IC Markets.
- • AvaTrade is regulated by more authorities: CBI, ASIC, FSCA, FFAJ, FSRA, BVIFSC vs ASIC, CySEC, FSA, SCB for IC Markets.
- • Risk tier: AvaTrade is Tier B, IC Markets is Tier A.
Overview
Rating
9.4/10
9.6/10
Trustpilot
4.7/5
4.8/5 · 55,000+ reviews
WikiFX Score
Good / Active
High / Validated
Best For
Fixed-spread trading strategies
Algorithmic trading, EAs & Scalping
Regulators
CBI, ASIC, FSCA, FFAJ, FSRA, BVIFSC
ASIC, CySEC, FSA, SCB
Terms & Fees
Min Deposit
$100
$200
Max Leverage
1:400
1:5000
Spreads From
0.9 Pips (Fixed)
0.02 Pips
Execution Model
Market Maker (Dealing Desk elements, Fixed Spreads)
ECN/STP (No Dealing Desk) — aggregates ~25 liquidity providers
Commission
Zero commission — costs are inherently baked into the spread
Raw Account: $3.50 per lot per side ($7.00 round trip); Standard: $0
Swap / Islamic
Islamic swap-free accounts readily available upon request
Highly competitive; Islamic (Swap-Free) accounts available for qualifying residents
Platforms
MT4, MT5, AvaTradeGO, WebTrader, AvaOptions
MT4, MT5, cTrader, TradingView
Crypto Deposits
No
Yes
Pros
What's good
- + Predictable fixed spreads
- + Extensive copy-trading ecosystem (AvaSocial)
- + Equinix NY4 integration for low-latency
- + Zero non-trading fees
- + Swap-free accounts available
Cons
Watch out for
- – Draconian inactivity fees
- – Fixed spreads widen during extreme volatility
- – Stringent KYC/AML bottlenecks
- – No US/Canada/Japan clients