eToro vs IC Markets
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Last updated: 29 May 2026
Tier-1 regulated only. We only list brokers regulated by FCA, CySEC, BaFin, ASIC, or equivalent tier-1 regulators.
Risk warnings for this comparison
eToro: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Quick Verdict
IC Markets scores higher overall at 9.1/10 vs 8.5/10.
Score Comparison
Trading Conditions
| Condition | eToro | IC Markets |
|---|---|---|
| Min Deposit | $50 | $200 |
| EUR/USD Spread | From 0.57 pips (0.005% of price at EUR/USD 1.14) | From 0.0 pips (Raw Spread), from 0.8 pips (Standard); Raw Spread EUR/USD average 0.1 |
| Commission | None (spread-only) | $3.50 per lot per side (Raw Spread), None (Standard); cTrader: $3.00 per USD 100k per side |
| Leverage (Retail) | Up to 1:30 | Up to 1:30 |
| Leverage (Pro) | 400:1 | 500:1 |
| Swap-Free | No | Yes |
| Withdrawal Fee | $5 per withdrawal | Free (broker absorbs international wire fees up to certain volumes) |
Platform Comparison
eToro Platforms
- eToro Platform
- eToro App
Retail, Professional, Corporate
IC Markets Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader)
Regulation & Safety
eToro Regulation
FSCS (Financial Services Compensation Scheme) up to £85,000
IC Markets Regulation
ICF up to EUR 20,000 (via CySEC entity)
Overall Verdict
IC Markets takes the overall win with a score of 9.1 vs 8.5, winning 4 out of 7 individual categories compared to eToro's 3.
In terms of costs, IC Markets also leads on fees. On the regulatory front, IC Markets though eToro has a regulatory edge.
Choose IC Markets if you prioritise its strengths in the categories where it leads. Choose eToro if you value the specific areas where it scores higher, such as regulation, education, and more.
51% of retail CFD accounts lose money
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. UK retail leverage limits apply (FCA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities. Crypto derivatives cannot be sold to UK retail clients (FCA PS20/10).