Errantevs
IC MarketsForex Broker Comparison
In this comparison, Errante and IC Markets square off on regulation, costs, and platforms. The tension centers on breadth of platforms and the scope of tradable instruments.
Who should choose Errante vs IC Markets?
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want a low entry point with MT4/MT5 access.
Choose if…
Choose IC Markets if you want true ECN spreads and a broader platform suite including cTrader.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Errante vs IC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.6 / 5▲ |
Errante vs IC Markets Forex Broker Pros & Cons
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Errante vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Errante
criteria wins
1
IC Markets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Errante | IC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Errante vs IC Markets: Frequently Asked Questions
IC Markets rates 4.7/5 versus 3.8/5 for Errante. IC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both Errante and IC Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Errante has $50, while IC Markets requires at least $200. This makes Errante more accessible for traders with limited starting capital.
Both Errante and IC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, while IC Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot, lower than IC Markets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Errante supports MetaTrader 4, MetaTrader 5, while IC Markets supports TradingView, cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. IC Markets has exclusive access to TradingView and cTrader.
