RoboForex vs IC Markets: Which One is Better for You?

RoboForex vs IC Markets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between RoboForex vs IC Markets, here is the direct comparison:

Go to RoboForex

Go to IC Markets


General Rating 3.65/5
Trustpilot 2.3/5

rated by 74 users

rated by 12 users

General Information

Office(s) Belize, China, Czech Republic, Egypt, Hong Kong, Indonesia, Latvia, Lithuania, Malaysia, Moldova (Republic of), New Zealand, Romania, Russian Federation, Taiwan, Thailand and United Kingdom Australia, Hong Kong and Viet Nam
Regulation IFSC (Belize) 000138/107
ASIC ACN 123 289 109
Established 2009 2007
Minimum Deposit $10 $200
Maximum Leverage 1:2000 1:500
Spread Variable Variable
Commissions $2 $3.50
Minimum Position 0.01 lot 0.01 lot
Payment Boleto Bancário, CashU, Credit/debit cards, ecoPayz, giropay, iDEAL, Liqpay, Neteller, Perfect Money, Skrill, SOFORT and UnionPay Bitcoin, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer
Official Website Visit RoboForex Visit IC Markets

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Spread betting
Gold & silver
Binary options
Soft commodities

Customer Support

Website Languages Arabic, English, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Ukrainian Chinese, English, Japanese, Russian
Email Support
Call Support
Chat Support


General Review Read RoboForex Review Read IC Markets Review
User Reviews

Roy94 Davidson

Sep 2 2020

Spreads can change when your profits have accumulated. This broker is unbelievable I tell you. When I just opened an account their spreads from WTI were only 5-6 pips. But when my balance gained 100% profit, the spread changed permanently to 11-12 pips.


Aug 15 2020

This broker freezes my chart a lot, especially when my positions are about to hit the profit targets. When requested for a callback, they never respond to me, and that is the last straw for me

Rudy Malkins

Aug 11 2020

Although having good execution, sometimes there are brief network outages and it can alter the previous p/l...

Maybe it's because they need to compensate for the bonus deposits they'd have given...

Recently, roboforex isn't that solid and consistent anymore...

There's a feeling that your trades are being manipulated in the background... It's better to keep one's eyes off of them


Jul 22 2020

I love most to Roboforex's demo account. They offer ECN to fixed spread demo account. This can be useful for novices like me as well!

Hailey Puery

Jul 22 2020

I keep looking for forex brokers for almost two years. Finally I found Roboforex and decided to trade on them. Their website display is simple, plus the deposit and withdrawal process is very fast!


Jul 22 2020

I've been trading for 4years at Robo and had no problems. Their best services are:

- fast withdrawal process

- well regulated

- RoboForex is much better than other brokers

I strongly suggest you to join this broker. Everything feels good!

C. Carson

Jul 22 2020

My first trading experience at RoboFX was joining their trading contest for demo account. Surprisingly, I won KingSize MT4 contest three times! Their withdrawal process is also quite good and fast. I do a withdrawal for USD10 by Fasapay, and it's sent to my bank account within 21 seconds only! What a great broker!

Liam Addington

Jul 24 2020

It's been a month using ICMarket demo, and I compared it with other brokers, relatively smaller commissions and spreads. hopefully it's the same as with the Real Account ... thank U ICMarket, keep Good Service ...

Garret Ng

Jul 24 2020

It's been 10 times to register a live account at but there's no confirmation via email too ... even though it's been 2 days :(

Sarah Michaelson

Jul 24 2020

Recommended for those looking for ECN brokers, regulated & affordable deposits

Nadeem Juliano

Jul 24 2020

Just check on, the commission is quite affordable, the max is 3.50 USD / lot. It's reasonable since the minimal deposit is quite high.  If compared to other brokers, trading cost in icmarkets relatively cheap cz I've seen an ECN account that commissions like 20 USD / lot.

Pedro Vienna

Jul 24 2020

IC Markets real ECN broker. Can be checked from the quality of the regulation, also the platform can use cTrader who can access directly to the market.


Jul 24 2020

IC Markets Brokers are really great, the spreads are very good ... starting from 0.0 for ECN accounts ... depo and WD smoothly ...

Start Trading

Open Real Account Open RoboForex Real Account Open IC Markets Real Account

Which one has the better spread?

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, RoboForex provides their pricing with Variable while IC Markets offers Variable.

RoboForex vs IC Markets: Who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, RoboForex enables trading with MetaTrader 4, MetaTrader 5, cTrader, R Trader. The offer is supported with Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders. In comparison, IC Markets provides trading with MetaTrader 4, MetaTrader 5, cTrader, webIRESS, ProDeal with the support of Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders.

Is RoboForex or IC Markets better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, RoboForex supports trading with Forex, Gold & silver, CFD, Metals, Stocks, ETF, while IC Markets presents the ability of trading with Forex, CFD, Bonds, Cryptocurrencies.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to RoboForex and IC Markets:

For more comparisons, visit this page.

To add more insights in your exploration, we have gathered the most popular broker comparisons in our site, chosen by our visitors:

Give Your Comment Here