Best for: Those who value easy account opening and free deposits and withdrawals
IC Markets is an Australian-based CFD and forex broker. Its features include:
- Low forex fees
- £200 minimum deposit
- No inactivity fees
- Research and educational material
- Regulated by top-tier authorities worldwide but not the FCA
- Uses MetaTrader 5 for CFD stocks
The downside of IC Markets is that it has less than 1,000 stock options, the platform is poorly designed and there are high financing rates. It is not registered on the stock exchange, and its financial information is not available to the public.
This is a good broker, but better suited to forex traders.