IC Markets are better known among professional traders, while Vantage is the first choice for beginners。

Vantage and IC Markets both hold Australian Securities and Investments Commission (ASIC) licenses, and both offer different features for traders

IC Markets is better known among professional traders, while Vantage is the first choice for beginners, here is a brief comparison to help you choose the best broker for you。

Supervise

IC Markets was founded in 2007 in Sydney, Australia, and was soon licensed to operate under the Australian Financial Services Licence (AFSL) and the Australian Securities and Investments Commission (ASIC).。In addition to this, IC Markets holds a licence from the Financial Conduct Authority (FCA) to operate in the UK.。

Since its inception in 2009, Vantage has been the benchmark for multi-licence brokers.。According to the latest statistics, Vantage has four independent licences (VFSC) issued by ASIC, the UK FCA, the Cayman Islands Monetary Authority (CIMA) and the Vanuatu Financial Services Commission.。

Type of trading account

IC Markets offers three account options: cTrader, raw spreads and standard accounts, all with a leverage ratio of up to 1: 500 and a minimum deposit of $200, the difference being transaction fees and platform。

• cTrader account is suitable for day traders and scalping traders with spreads as low as 0.0 points, 6 commission per round per lot.0 USD。As the name suggests, traders will be able to use the highly sophisticated cTrader platform。
  Raw Spread accounts are very popular in various countries, especially among scalpers and EA users。Traders will be able to enjoy as low as 0.Spread of 0 points and 7 points per hand per round.$0 commission, related to the Metatrader platform。
  Standard accounts are ideal for discretionary traders, with no commissions and spreads as low as 0.6 points related to the Metatrader platform。

Demo and Islamic accounts for all three account types in IC Markets。

Vantage offers more diverse trading conditions through four types of accounts: Pro ECN, Raw ECN, STP and Cent, all available on the proprietary platforms of Metatrader 4, Metatrader 5 and Vantage。

• Cent account is the best choice for beginners, the minimum deposit is as low as $50。Spread from 0.Starting at 0 points, commissions are 0-6 per round per lot..Between $00
  The STP account is best for you to increase your trading level, with a minimum deposit of $200, commission-free trading, and variable spreads from 1.Start at 0: 00
  The original ECN was designed for scalping and automated trading, with spreads and commissions similar to cent accounts, but the original ECN has a wider choice of assets
  If you are ready to invest at least $10,000, Pro ECN is a good choice for you。It has multiple advantages, including 0.The original spread from 0 o'clock, the lowest commission in the industry (3 per lot per round.00 USD) and VIP event invitations

Vantage only offers swap-free (Islamic) accounts in standard STP and original ECN accounts, but all customers have free practice accounts。

Market Scope

IC Markets offers trading in more than 2,000 assets, including:

• More than 60 pairs of foreign exchange
  More than 22 commodity CFD
  25 indices from around the world
  9 sovereign bonds from the US, Japan and Europe
  Cryptocurrency CFD Number Continues to Grow
  CFD of more than 2100 large-cap stocks on the Australian Stock Exchange (ASX), New York Stock Exchange (NYSE) and Nasdaq (NASDAQ)
  Hot Futures CFD, including ICE Dollar Index and CBOE VIX Index

Vantage has less open markets because the company does not offer CFD trading of ETFs, bonds and futures。Still, Vantage should be priced to meet the needs of most traders, with around 400 forex, stocks, cryptocurrencies, commodities and index assets.。

Trading platform

IC Markets offers three popular online trading terminals: Metatrader4, Metatrader5 and cTrader, all of which offer a full range of trading tools commonly used by traders around the world, including technical indicators, trade notifications, as well as Expert Advisor and cBot for automated trading。Metatrader4 is a good starting platform for beginners, while Metatrader5 and cTrader can meet the needs of professional traders and can be used on web, desktop and mobile platforms。

Vantage also offers the well-known Metatrader4 and Metatrader5 portfolio and services, in addition to three other types of proprietary platforms to meet specific needs:

• Vantage app, available on PlayStore and AppStore for highly liquid traders
  Vantage ProTrader (in partnership with TradingView), designed for experienced traders looking for higher precision quotes and charts
  Vantage documentary trading to better connect professional traders and those seeking documentary trading

deposit and withdrawal

IC Markets and Vantage are very competitive in terms of deposits and withdrawals, both allow payment of funds by bank transfer / wire transfer, credit / debit card or e-wallet, and are processed in a very timely manner。

Conclusion

So, would you choose Vantage or IC Markets？Please decide carefully!

As mentioned above, IC Markets may be suitable for professional traders, while Vantage is suitable for beginners, try the next two parties' demo accounts separately to ensure that you choose the right platform for you。