Verified 2026 data

eToro vs IC Markets

An in-depth comparison to help you choose the right broker for your trading journey.

1:1Head to Head

RealTesting

2026Updated

CATEGORY WINS

Who Wins Each Category?

Our scores for eToro and IC Markets, side by side, across the categories that decide your costs and safety.

FeeseToro: 3.5/5vsIC Markets: 4.9/5IC Markets wins

SafetyeToro: 4.5/5vsIC Markets: 4.5/5Even

PlatformseToro: 4/5vsIC Markets: 4.7/5IC Markets wins

EducationeToro: 4.2/5vsIC Markets: 3.5/5eToro wins

Customer SupporteToro: 3.5/5vsIC Markets: 4.2/5IC Markets wins

QUICK VERDICT

Who Wins?

IC Markets wins on overall score (4.6/5 vs 4/5). eToro is the pick if you value social traders; choose IC Markets if you value high-volume traders. The tables below show where each actually wins.

Who this is for: eToro suits traders who prioritise social traders; IC Markets suits traders who prioritise high-volume traders.

4/5

Best for: Social traders

Visit eToro Read the eToro Review

4.6/5

Best for: High-volume traders

Visit IC Markets Read the IC Markets Review

HEAD-TO-HEAD

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

Platforms

eToro Platform, eToro Mobile App

MetaTrader 4, MetaTrader 5, cTrader, TradingView

Founded

2007

Headquarters

Tel Aviv, Israel

Sydney, Australia

KEY DIFFERENCES

What Actually Differs

The numbers that matter when choosing between eToro and IC Markets.

Minimum depositeToro: $50IC Markets: $200eToro needs less to start.

RegulatorseToro: 3 (FCA, ASIC)...IC Markets: 3 (ASIC, CySEC)...Both hold the same number of licences.

InstrumentseToro: 3,000+IC Markets: 2,250+eToro offers more markets.

PlatformseToro: eToro Platform, eToro Mobile AppIC Markets: MetaTrader 4, MetaTrader 5, cTraderNo shared platforms.

Best foreToro: Social tradersIC Markets: High-volume tradersDifferent fits. Read the verdict below.

ANALYSIS

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)

Open eToro Account

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

Open IC Markets Account

RECOMMENDATION

Which Broker Should You Choose?

Choose

If you:

Social traders
Beginners
Copy trading enthusiasts
Part-time investors

Visit eToro →

Choose

If you:

High-volume traders
Scalpers
Algorithmic traders
Professional traders

Visit IC Markets →

FAQ

eToro vs IC Markets: FAQ

Which is better, eToro or IC Markets?

Overall, eToro scores 4/5 and IC Markets scores 4.6/5. The right pick depends on what you value: eToro for social traders, IC Markets for high-volume traders.

Which is cheaper, eToro or IC Markets?

On our fees score, eToro is 3.5/5 and IC Markets is 4.9/5. eToro advertises spreads from 1.0 pips, IC Markets from 0.0 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.

Which is safer, eToro or IC Markets?

eToro holds 3 licence(s), including FCA, ASIC, CySEC. IC Markets holds 3 licence(s), including ASIC, CySEC, FSA. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.

Which has more markets, eToro or IC Markets?

eToro offers 3,000+, IC Markets offers 2,250+. Choose the range that covers what you actually trade.

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