Compare two brokers

Every figure below comes from the same 2058-broker record the reviews and rankings are built from. Swap either column to compare any pair, and where a broker does not publish something the cell says so rather than being quietly left blank.

Side-by-side comparison of two forex brokers
MeasureIC Markets logoIC Markets9.5/10Read reviewVisit brokerTabTrade logoTabTrade9.3/10Read reviewVisit broker
Ratings
Regulation96/10090/100
Costs98/10098/100
Platforms98/10093/100
Markets94/10096/100
Support93/10098/100
Education91/10083/100
Regulation and safety
RegulatorsASIC (AFSL 335692)CySEC (362/18)Seychelles FSA (SD018)Bahamas SCB (SIA-F214)Kenya CMA (Licence 123)Financial Services Commission Mauritius (FSC), Investment Dealer (Full Service Dealer, excluding Underwriting), Licence GB26206419
Regulator tierTier 1Tier 2
Client funds segregatedYesYes
Negative balance protectionRetail onlyNo
Compensation schemeICF up to €20,000 for eligible EU clients; Raw Trading Ltd insolvency insurance up to US$1,000,000No statutory investor compensation scheme
Legal entityRaw Trading LtdTabTrade (Mauritius) Ltd
Founded20072026
HeadquartersMahé, SeychellesMelbourne, Australia
Publicly listedNoNo
Costs
Average EUR/USD spread0.1 pips (Raw Spread)0.03 pips (Edge)
Average GBP/USD spread0.4 pips (Raw Spread)0.04 pips (Edge)
Commission per lot$3.50 per side / $7 round turn (Raw Spread MetaTrader)$3.50 per side / $7 round turn (Edge)
All-in cost, EUR/USDApprox. 0.8 pipsApprox. 0.73 pips
Spread typeVariableVariable
Overnight financingBoth: swaps charged; swap-free accounts availableBoth: swaps charged/credited; swap-free account available
Inactivity feeNone on Global; EU: 10 account-currency units/month after 6 months inactivityNo inactivity fee
Withdrawal feeNone; third-party/bank charges may applyNot stated
Currency conversion feeConversion at applicable exchange rate/charges; no fixed percentage publishedConversion rate may include a currency conversion fee
Platforms and execution
PlatformsMetaTrader 4MetaTrader 5cTraderTradingViewMetaTrader 5
Proprietary platformIC Markets Global mobile app / IC appNo
Mobile appBothThird-party (MetaTrader 5 app)
Copy tradingIC Social; cTrader Copy; ZuluTrade; Myfxbook AutoTrade; Signal StartYes, TabTrade Social
Automated trading and EAsYes; EAs/cBots supported; low-latency VPS availableYes; MT5 Expert Advisors, backtesting and VPS support
Charting indicators30+ built-in on MT4; 38+ on MT5; extensive additional via cTrader/TradingView38+ built-in MT5 indicators plus custom indicators
Execution modelMarket executionMarket execution / ECN-style institutional execution
Average execution speedApprox. 35ms on forexUnder 30ms
Markets and account
MarketsForexCommoditiesSharesIndicesBondsCryptocurrenciesFuturesForexSharesIndicesCommoditiesMetalsFutures CFDsCryptocurrencies
Currency pairs6181
Total instruments2,250+1,173
Crypto CFDsYesYes
Maximum leverage1:30 retail under ASIC/CySEC; higher under international entities1:1000
Minimum deposit$200$0
Account typesStandardRaw SpreadcTrader Raw SpreadIslamic/Swap-FreeStandardEdgeVIPSwap-Free
Base currenciesUSDAUDEURGBPSGDNZDJPYCHFHKDCADAUDCADCHFEURGBPSGDUSD
Islamic accountYesYes
Demo accountYes, expires after 30 days of inactivityYes
Support
Support hours24/724/7
ChannelsLive chatemailphoneLive chatemailphoneWhatsApp
LanguagesEnglishArabicChineseFrenchGermanIndonesianItalianKoreanPortugueseSpanishThaiVietnamese and othersMultilingual
EducationExtensive: webinars, educational articles, video/Web TV, trading guides, tutorialsExtensive: educational articles, trading basics, how-to guides, platform tutorials and trading glossary
ResearchExtensive: Trading Central, Autochartist, IC Insights/TipRanks, market analysis and daily forecastsMarket news, analysis and Trading Tabloid

Figures are as each broker publishes them and change without notice. A dash means the broker does not publish that detail, which is itself worth noticing, particularly in the safety rows.

Then what

A table settles what each broker offers. It does not settle which is cheaper for the way you actually trade. For that, the FX fee calculator turns both pricing models into a single all-in figure in pips.

If the two look close, the tie-breakers worth checking are in how to choose a broker and what segregated funds actually means.