IC Markets vs Vantage
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
Raw Spread accounts on MetaTrader, cTrader and TradingView, from the Seychelles-regulated Raw Trading Ltd.
A Raw ECN account from $50 with US$3 per side, plus Standard STP, Pro ECN, Cent and Swap Free.
| Detail | IC Markets | Vantage |
|---|---|---|
| Regulation | Raw Trading Ltd, FSA Seychelles Securities Dealer licence SD018 (reg. 8419879-1). Affiliated ICMP Ltd, Limassol, Cyprus. | Vantage, CIMA Cayman Islands SIBL 1383491 · Vantage Global Limited, VFSC Vanuatu · Vantage FX Pty Ltd, ASIC AR 343547 · UK site run separately by Vantage Global Prime LLP under the FCA |
| Minimum Deposit | — | US$50 (Raw ECN) |
| Spread From | — | 0.0 pips (Raw ECN) |
| Commission | — | Raw ECN: US$3.00 per standard lot per side |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade | MetaTrader 4, MetaTrader 5, Vantage App, Vantage Web Trading |
| Account Types | Raw Spread, cTrader Raw Spread, Standard, Swap Free | Standard STP, Raw ECN, Pro ECN, Cent, Swap Free |
What the figures say
- Vantage publishes its minimum deposit (US$50 (Raw ECN)); IC Markets does not state one on the pages we read.
- Vantage publishes its spread from (0.0 pips (Raw ECN)); IC Markets does not state one on the pages we read.
- Vantage publishes its commission (Raw ECN: US$3.00 per standard lot per side); IC Markets does not state one on the pages we read.
- Account Types: IC Markets lists Raw Spread, cTrader Raw Spread, Standard, Swap Free; Vantage lists Standard STP, Raw ECN, Pro ECN, Cent, Swap Free.
- IC Markets also lists Crypto, Stocks, Futures.
- Vantage also lists Shares, ETFs, Gold.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
IC Markets: why traders choose it
- Four account types: Raw Spread, cTrader Raw Spread, Standard and Swap Free
- Seven ways to trade, including cTrader, TradingView and the IC Social copy-trading app
- Product range covers forex, commodities, indices, bonds, crypto, stocks, 24-hour stock CFDs and futures CFDs
- Leverage is dynamic and can change at any time, which their own risk warning spells out
- 24/7 support
Vantage: why traders choose it
- Raw ECN account from a US$50 minimum with spreads from 0.0 and US$3.00 per lot per side
- No deposit fees on the Raw ECN account
- Five account types, including a Cent account and a Swap Free account
- Gold CFDs tradable around the clock, beyond normal market hours
- Bonds and ETFs alongside forex, indices, commodities and shares
- Vantage App and web trading in addition to MetaTrader 4 and 5
IC Markets pros
- One of the few brokers offering cTrader, TradingView and both MetaTrader versions side by side
- A dedicated swap-free account rather than a swap-free flag bolted onto another type
- The regulator and licence number are printed on every page
IC Markets cons
- The international site is the Seychelles entity; other IC Markets entities serve Australia and Europe with different terms
- Minimum deposit, spreads and commission were not on the pages we could reach; the account comparison sits behind the client area
- Not available to residents of the US, Canada, New Zealand, Iran or North Korea
Vantage pros
- A $50 raw-spread account is unusual; most brokers ask $100 to $200 for that pricing
- The international site states clearly that it is not the FCA-regulated UK business, rather than blurring the two
- Cayman and Australian entities are named with their registration numbers
Vantage cons
- The international entities are in the Cayman Islands and Vanuatu; the FCA and ASIC protections belong to other Vantage companies
- Standard STP and Pro ECN pricing was not on the page we read
- Leverage caps differ sharply by entity and were not stated on this page
About IC Markets
IC Markets trades under Raw Trading Ltd, a Seychelles securities dealer, on the international site. It is known for raw-spread pricing and for supporting more platforms than most brokers: MetaTrader 4 and 5, cTrader, TradingView, a web terminal and its own IC Social copy-trading app.
About Vantage
Vantage's international site offers Standard STP, Raw ECN, Pro ECN, Cent and Swap Free accounts. The Raw ECN account opens from US$50 with spreads from 0.0 and a US$3.00 per side commission. The international business is regulated in the Cayman Islands and Vanuatu, separately from Vantage's FCA and ASIC entities.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.