Comparison of Grand Capital and IC Markets
| Feature | Grand Capital | IC Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2006 | 2007 |
| Broker Type | STP, ECN | ECN, DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA | SFSA, ASIC, CySEC, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $10 | $200 |
| Base Currencies | USD, EUR, GBP, JPY, RUB | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Funding Methods | Bank Transfer, Credit/Debit Card, Perfect Money, PayRedeem, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
| Inactivity Fee | $300 after 3 months of inactivity | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Variable by method | ✖ |
| Investor Protection | Financial Commission | Investor Compensation Fund (ICF) |
| Protection Size | €20000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Metals, Energies, Soft Commodities, Indices, Stocks, ETFs, Bonds, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Grand Capital Review | IC Markets Review |
About Grand Capital
Grand Capital is a multi‑asset CFD broker founded in 2006. It provides Micro, Standard, ECN Prime and Swap-Free accounts on MetaTrader 4, MetaTrader 5 and WebTrader. Regulated by SVGFSA and member of the Financial Commission (up to €20000 compensation per claim). Offers spreads from 0.4 pips and leverage up to 1:3000 on ECN Prime.
Pros
- Wide choice of account types for all skill levels
- Competitive spreads from 0.4 pips
- High leverage up to 1:3000 on ECN Prime
- Regulated by SVGFSA and member of independent Financial Commission
- Swap‑Free accounts available
Cons
- No proprietary platforms or free VPS
- Limited negative‑balance protection
- Minimum $100 deposit for most accounts
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
Grand Capital & IC Markets Regulation
| Feature | Grand Capital | IC Markets |
|---|---|---|
Companies | GrandCapital Ltd. | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
Countries | Saint Vincent and the Grenadines | Seychelles, Australia, Cyprus, Kenya |
Regulators | SVGFSA | SFSA, ASIC, CySEC, CMA |
Investor Protection | Financial Commission | Investor Compensation Fund (ICF) |
Investor Protection Size | €20000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Grand Capital
GrandCapital Ltd.
IC Markets
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Countries
Grand Capital
Saint Vincent and the Grenadines
IC Markets
Seychelles, Australia, Cyprus, Kenya
Regulators
Grand Capital
SVGFSA
IC Markets
SFSA, ASIC, CySEC, CMA
Investor Protection
Grand Capital
Financial Commission
IC Markets
Investor Compensation Fund (ICF)
Investor Protection Size
Grand Capital
€20000
IC Markets
€20 000
Publicly Traded
Grand Capital
IC Markets
Segregated Accounts
Grand Capital
IC Markets
Guaranteed Stop Loss
Grand Capital
IC Markets
Negative Balance Protection
Grand Capital
IC Markets
Account Types
| Account | Grand Capital | IC Markets |
|---|---|---|
STP Account | ||
| Account Name | Standard | — |
| Min Deposit | $100 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 pips | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 40% | — |
| Margin Call | 100% | — |
ECN Account | ||
| Account Name | ECN Prime | Standard |
| Min Deposit | $500 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.4 pips | 0.6 |
| Fee | $5 per 1 lot | No |
| Max Leverage | 1:3000 | 1:500 |
| Stop Out | 80% | 50% |
| Margin Call | 100% | 100% |
Zero Account | ||
| Account Name | — | Raw Spread |
| Min Deposit | — | $200 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Cent Account | ||
| Account Name | Micro | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:500 | — |
| Stop Out | 40% | — |
| Margin Call | 100% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Grand Capital
Standard
IC Markets
—
Min Deposit
Grand Capital
$100
IC Markets
—
Lot Size
Grand Capital
0.01
IC Markets
—
Spread Type
Grand Capital
Floating
IC Markets
—
Execution
Grand Capital
Market
IC Markets
—
Min Spread
Grand Capital
0.6 pips
IC Markets
—
Fee
Grand Capital
No
IC Markets
—
Max Leverage
Grand Capital
1:1000
IC Markets
—
Stop Out
Grand Capital
40%
IC Markets
—
Margin Call
Grand Capital
100%
IC Markets
—
ECN Account
Account Name
Grand Capital
ECN Prime
IC Markets
Standard
Min Deposit
Grand Capital
$500
IC Markets
$200
Lot Size
Grand Capital
0.01
IC Markets
0.01
Spread Type
Grand Capital
Floating
IC Markets
Floating
Execution
Grand Capital
Market
IC Markets
Market
Min Spread
Grand Capital
0.4 pips
IC Markets
0.6
Fee
Grand Capital
$5 per 1 lot
IC Markets
No
Max Leverage
Grand Capital
1:3000
IC Markets
1:500
Stop Out
Grand Capital
80%
IC Markets
50%
Margin Call
Grand Capital
100%
IC Markets
100%
Zero Account
Account Name
Grand Capital
—
IC Markets
Raw Spread
Min Deposit
Grand Capital
—
IC Markets
$200
Lot Size
Grand Capital
—
IC Markets
0.01
Spread Type
Grand Capital
—
IC Markets
Floating
Execution
Grand Capital
—
IC Markets
Market
Min Spread
Grand Capital
—
IC Markets
0
Fee
Grand Capital
—
IC Markets
$7 per 1 lot
Max Leverage
Grand Capital
—
IC Markets
1:500
Stop Out
Grand Capital
—
IC Markets
50%
Margin Call
Grand Capital
—
IC Markets
100%
Cent Account
Account Name
Grand Capital
Micro
IC Markets
—
Min Deposit
Grand Capital
$10
IC Markets
—
Lot Size
Grand Capital
0.01
IC Markets
—
Spread Type
Grand Capital
Floating
IC Markets
—
Execution
Grand Capital
Market
IC Markets
—
Min Spread
Grand Capital
0.6
IC Markets
—
Fee
Grand Capital
No
IC Markets
—
Max Leverage
Grand Capital
1:500
IC Markets
—
Stop Out
Grand Capital
40%
IC Markets
—
Margin Call
Grand Capital
100%
IC Markets
—
Additional Features
Demo Account
Grand Capital
IC Markets
VIP Account
Grand Capital
IC Markets
Swap-Free Account
Grand Capital
IC Markets
Copy Trading
Grand Capital
IC Markets
VPS
Grand Capital
IC Markets
PAMM/MAM Accounts
Grand Capital
IC Markets
Funding and Fees
| Feature | Grand Capital | IC Markets |
|---|---|---|
Base currencies | USD, EUR, GBP, JPY, RUB | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Deposit and withdrawal methods | Bank Transfer, Credit/Debit Card, Perfect Money, PayRedeem, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity fee | $300 after 3 months of inactivity | |
Interest on margin | ||
Withdrawal fee | Variable by method |
Base currencies
Grand Capital
USD, EUR, GBP, JPY, RUB
IC Markets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Deposit and withdrawal methods
Grand Capital
Bank Transfer, Credit/Debit Card, Perfect Money, PayRedeem, Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
IC Markets
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity fee
Grand Capital
$300 after 3 months of inactivity
IC Markets
Interest on margin
Grand Capital
IC Markets
Withdrawal fee
Grand Capital
Variable by method
IC Markets
Trading Platforms and Conditions
| Feature | Grand Capital | IC Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | 100 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Grand Capital
MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
Grand Capital
100 ms
IC Markets
40 ms
Scalping
Grand Capital
IC Markets
Expert Advisors (EAs)
Grand Capital
IC Markets
Depth of Market (DOM)
Grand Capital
IC Markets
Spread
Grand Capital
low
IC Markets
low
Trading Assets
| Asset | Grand Capital | IC Markets |
|---|---|---|
Currencies | 53 | 61 |
Indices | 14 | 25 |
Stocks | 149 | 2175 |
Cryptocurrencies | 61 | 21 |
Bonds | 3 | 10 |
Metals | 7 | 7 |
Energies | 3 | 5 |
Soft Commodities | 14 | 8 |
ETFs | 7 | 38 |
Currencies
Grand Capital
53
IC Markets
61
Indices
Grand Capital
14
IC Markets
25
Stocks
Grand Capital
149
IC Markets
2175
Cryptocurrencies
Grand Capital
61
IC Markets
21
Bonds
Grand Capital
3
IC Markets
10
Metals
Grand Capital
7
IC Markets
7
Energies
Grand Capital
3
IC Markets
5
Soft Commodities
Grand Capital
14
IC Markets
8
ETFs
Grand Capital
7
IC Markets
38
Education and Analytics
| Feature | Grand Capital | IC Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Grand Capital
IC Markets
Indicators
Grand Capital
IC Markets
Robots
Grand Capital
IC Markets
Signals
Grand Capital
IC Markets
Autochartist
Grand Capital
IC Markets
Expert Analytics
Grand Capital
IC Markets
News Feed
Grand Capital
IC Markets
Education Articles
Grand Capital
IC Markets
Webinars
Grand Capital
IC Markets
Seminars
Grand Capital
IC Markets
Bonuses
| Bonus | Grand Capital | IC Markets |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 40%, up to $20000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Grand Capital
IC Markets
Size
Grand Capital
40%, up to $20000
IC Markets
—
Details
Grand Capital
IC Markets
—
Contests
| Feature | Grand Capital | IC Markets |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
Grand Capital
IC Markets
Contests List
Grand Capital
- Grand Capital CupStart Balance: $10000 · Prize Pool: $500 · Period: MonthlyLearn More
IC Markets
—
Customer Support
| Contact | Grand Capital | IC Markets |
|---|---|---|
Email | support@grandcapital.net | support@icmarkets.com |
Phone | +2484422900 | +2484671976 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
Instagram | ||
Twitter |
Email
Grand Capital
IC Markets
Phone
Grand Capital
IC Markets
Telegram
Grand Capital
IC Markets
—
Which Broker is Better?
After comparing Grand Capital and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.