Quotex vs IC Markets
Quotex or IC Markets – which is better for UK traders 2025? Compare Quotex and IC Markets in this detailed breakdown of their platforms, features and fees.
| Quotex | IC Markets |
|---|---|
 |
 |
|
|
| Quotex is ranked #10 among binary options brokers. | IC Markets is ranked #5 among CFD brokers. |
|
Quotex has closed or no longer accepts UK clients.
Established in 2019, Quotex is a binary broker that offers 400+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 95%. |
IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries. |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| FCA Regulated | |
| No | No |
| Instruments | |
| Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $200 |
| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, FSA, CMA | |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
Quotex offers a fully-featured trading app that’s packed with helpful tools, from dynamic charting to in-built signals. It follows the same user-friendly design as the web-based desktop platform, ensuring a smooth transition whether you’re trading from a computer, tablet or mobile device. The flexible design with light and dark modes is a nice touch. |
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive. |
| iOS App Rating | |
|
|
|
| Android App Rating | |
|
|
|
| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| No | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC Markets grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Daily Trading Signals | Signal Start |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
|
|
| Commodities | |
|
|
| CFD | |
| You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC Markets ensures optimal conditions for scalpers, hedgers, and algo traders alike. | |
| Leverage | |
| 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | |
| FTSE Spread | |
| 1.0 | |
| GBPUSD Spread< | |
| 0.23 | |
| Oil Spread | |
| 0.03 | |
| Stocks Spread | |
| 0.02 | |
| Forex | |
| You can trade binaries on 40+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than some competitors but payouts are reasonable, climbing to over 80% on the EUR/USD during testing. | IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot. |
| Assets | |
| 40+ | 75 |
| GBPUSD Spread | |
| N/A | 0.23 |
| EURUSD Spread | |
| N/A | 0.02 |
| EURGBP Spread | |
| N/A | 0.27 |
| Cryptocurrency | |
| Quotex only offers binary options trading on three cryptos. Yet while the range of digital currencies is narrow, there are leading tokens, including Bitcoin and Dogecoin. Payouts on cryptocurrencies are also above average based on our latest tests. | IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms. |
| Spread | |
| N/A | BTC 42.036 |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Quotex continues its streak near the top of the industry with ultra-short-term binaries on a growing selection of 400+ assets and payouts up to 95%. The firm provides a web platform that delivers a smooth user experience with a clean design, multiple charting styles, dozens of indicators and daily signals for actionable trading ideas. | |
| Payout | |
| 95% | |
| Expiration Times | |
| 5 seconds - 4 hours | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| Quotex | IC Markets |
| More Comparisons | |
|
Quotex vs |
IC Markets vs |