Home β€Ί Compare β€Ί IC Markets vs AvaTrade β€” Indonesia
JO
Written by
Joseph Oloo
AM
Fact checked by
Alia Mehmood
πŸ“Š
Data verified
July 2026
🌍
Country
Indonesia
πŸ” Complete Head-to-Head Comparison Β· 2026

IC Markets vs AvaTrade for Indonesia Traders (2026)

Which broker is better for Indonesia traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC Β· CySEC Β· FSA Β· Founded 2007
Open Account β†’
VS
AvaTrade logo
AvaTrade
CBI Β· ASIC Β· JFSA Β· Founded 2006
Open Account β†’
πŸ† Winner: AvaTrade
πŸ“Š Categories: 12 compared
🌍 For: Indonesia traders
πŸ“… Updated: July 2026
πŸ”„ Compare any two brokers
VS
⚑ Quick Verdict β€” Indonesia Traders
πŸ† Best Overall
AvaTrade
Higher overall score & more features
πŸ’° Best Spreads
AvaTrade
Lower trading costs for scalpers
β˜ͺ️ Islamic Accounts
Both Available
Swap-free for Indonesia Muslims
πŸŽ“ Best for Beginners
IC Markets
Better education & support
πŸ“‰
$200 vs $100
Min deposit
βš–οΈ
1:500 vs 1:400
Max leverage
πŸ›‘οΈ
ASIC vs CBI
Top regulator
⭐
3.6 vs 4.3
Our scores
πŸ“‹ Table of Contents
→ Overall Scores→ Trading Costs→ Account Types→ Leverage→ Instruments→ Platforms→ Execution Quality→ Regulation & Safety→ Deposits & Withdrawals→ Islamic Accounts→ Customer Support→ Mobile App→ Education & Research→ User Reviews→ Pros & Cons→ Who Should Use?→ FAQ→ Final Verdict

When choosing a forex broker in Indonesia, traders often compare IC Markets and AvaTrade for their reliability, low costs, and local payment support. IC Markets, scoring 4.8/5, is known for its ultra-low spreads and fast execution, making it a top choice for scalpers and algorithmic traders. AvaTrade, scoring 4.6/5, offers a more beginner-friendly platform with fixed spreads and strong educational resources. Both brokers accept Indonesian clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, which is crucial for hassle-free deposits and withdrawals. This comparison will help you decide which broker fits your trading style, whether you prioritize low costs or regulatory comfort in Indonesia.

πŸ†
Overall Scores Comparison
IC Markets logo
IC Markets
ASIC Β· CySEC Β· FSA
3.6
CompareBroker score
VS
AvaTrade logo
AvaTrade
CBI Β· ASIC Β· JFSA
4.3
CompareBroker score
πŸ† Winner
IC Markets
AvaTrade
Trading Costs
Spreads, commissions
4.7
4.9
WIN
Platforms
MT4,MT5,cTrader,TV
5.0
WIN
4.5
Regulation
Safety, oversight
5.0
WIN
4.5
Deposits
Local payments
4.5
Tie
4.5
Customer Support
24/5, chat, phone
4.8
WIN
4.3
Education
Webinars, guides
4.6
WIN
4.0
Execution
Speed, slippage
4.7
5.0
WIN
Mobile App
iOS, Android
4.5
Tie
4.5
πŸ’Ή
Trading Costs β€” Spreads & Commissions
InstrumentIC MarketsAvaTradeWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAvaTrade
XAU/USD (Gold)$0.14 typical$0.12 typicalAvaTrade
GBP/USD avg spread0.29 pips0.23 pipsAvaTrade
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAvaTrade
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100AvaTrade
Inactivity feeβœ“βœ“Tie

For Indonesia traders, trading costs are a key factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $7 round-turn commission per lot. This is ideal for high-volume traders who execute many trades daily. AvaTrade offers fixed spreads starting from 0.9 pips with no commission, which suits beginners or those who prefer predictable costs. On a standard lot of EUR/USD, IC Markets can save you around $5-10 per trade compared to AvaTrade, depending on market conditions. For Indonesian traders trading multiple lots daily, IC Markets is significantly cheaper.

πŸ“‚
Account Types Comparison
Account TypeIC MarketsAvaTrade
Standard accountβœ“βœ“
ECN / Raw spreadβœ“βœ“
Islamic (swap-free)βœ“βœ“
Demo accountβœ“βœ“
PAMM / MAM accountβœ“βœ—
Zero spread accountβœ“βœ—
Copy tradingβœ—βœ“
VPS tradingβœ“βœ—
Min deposit$200$100
Neg. balance protectionβœ“βœ“
βš–οΈ
Leverage Comparison β€” Indonesia Traders
Entity / AssetIC MarketsAvaTrade
Indonesia (offshore)Up to 1:500Up to 1:400
Forex major pairs1:5001:400
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Margin call level80%80%
Stop out level50%50%
⚠️ Leverage Warning for Indonesia Traders
Traders in Indonesia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk. Most professional traders use 1:50 or less.
πŸ“ˆ
Trading Instruments β€” Assets Available
Asset ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)βœ“βœ“Tie
Oil (WTI/Brent)βœ“βœ“Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsβœ—βœ—AvaTrade
ETFsβœ—βœ“Tie
Optionsβœ—βœ—Tie
Futuresβœ—βœ—Tie
πŸ–₯️
Platforms Comparison
PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)βœ“βœ“
MetaTrader 5 (MT5)βœ“βœ“
cTraderβœ“βœ“
TradingViewβœ—βœ—
Expert Advisors (EAs)βœ“βœ“
Scalping allowedβœ“βœ“
Hedging allowedβœ“βœ“
Fixed spreadsβœ—βœ“
Variable spreadsβœ“βœ“

Both brokers offer platforms tailored to Indonesian traders. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all with full Indonesian language support and local time zone compatibility. AvaTrade offers MT4, MT5, and its proprietary AvaTradeGO app, also available in Bahasa Indonesia. For traders in Indonesia who rely on Expert Advisors (EAs) or algorithmic trading, IC Markets’ cTrader is a standout. AvaTrade’s platform is more user-friendly for beginners, with integrated educational tools and a demo account that mimics real trading conditions.

⚑
Execution Quality β€” Speed & Slippage
FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Dealing deskβœ—βœ—Tie
Scalping allowedβœ“βœ“Tie
News tradingβœ“βœ“Tie
EA / Bot tradingβœ“βœ“Tie

IC Markets is renowned for its ultra-fast execution, with average speeds under 40 milliseconds and no requotes. This is critical for scalpers and algorithmic traders in Indonesia. AvaTrade offers reliable execution with a market maker model, which means no requotes but potential slippage during volatile news events. For day traders in Indonesia who need instant order fills, IC Markets has the edge.

πŸ›‘οΈ
Regulation & Safety for Indonesia Traders
Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Reg number#335692#C53877
Verify registrationVerify β†—Verify β†—
Top-tier regulatedβœ“βœ“
Investor protectionβœ“βœ“
Segregated fundsβœ“βœ“
Neg. balance protectionβœ“βœ“

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). AvaTrade is regulated by multiple authorities including the Central Bank of Ireland, ASIC, and the Financial Services Commission (FSC) in the British Virgin Islands. Neither broker is directly regulated by the local financial regulator in Indonesia, but they operate legally under international licenses. For Indonesian traders, this means your funds are held in segregated accounts with reputable banks, offering a layer of security. AvaTrade’s multiple licenses provide additional comfort for risk-averse traders.

βœ“ Both brokers are safe for Indonesia traders
Indonesia traders open accounts under offshore entities. Both brokers maintain client fund segregation globally. Verify your broker's registration at the official regulator website using the links above.
πŸ’³
Deposits & Withdrawals for Indonesia
Payment MethodIC MarketsAvaTrade
Bank Wire Transferβœ“βœ“
Visa / Mastercardβœ“βœ“
Skrillβœ“βœ“
Netellerβœ“βœ“
USDT / Cryptoβœ“βœ—
Deposit feeNoneNone
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 daysCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days
Min withdrawal$50$50

Indonesian traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and AvaTrade. IC Markets requires a minimum deposit of $200 (or equivalent in USDT) and processes withdrawals within 1 business day for e-wallets. AvaTrade has a lower minimum deposit of $100 and also supports the same methods. Bank transfers typically take 1-2 business days for deposits and 2-5 days for withdrawals. USDT deposits are processed instantly and are popular among Indonesian traders for their speed and low fees. Both brokers do not charge deposit fees, but withdrawal fees may apply for bank transfers. Skrill and Neteller withdrawals are usually free at IC Markets, while AvaTrade may charge a small fee.

β˜ͺ️
Islamic Accounts β€” Swap-Free for Indonesia Muslims
Islamic Account FeatureIC MarketsAvaTrade
Swap-free availableβœ“βœ“
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supportedβœ“βœ“
Gold swap-freeβœ“βœ“
Crypto swap-freeβœ“βœ“
How to applyContact supportContact support

Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Indonesian Muslim traders who follow Sharia law. IC Markets provides swap-free accounts on request for all account types, including Raw Spread and Standard accounts. AvaTrade offers Islamic accounts automatically for eligible clients, with no swap fees on overnight positions. It’s important to note that Islamic accounts may have holding period limits (e.g., 10-14 days) to prevent abuse. Indonesian traders should check with support for specific terms. Both brokers are transparent about their swap-free policies, making them suitable for religiously observant traders.

β˜ͺ️ Islamic Account Note
Both brokers offer swap-free accounts for Muslim traders in Indonesia. Always verify current terms with broker support β€” some instruments may have admin fees after a certain holding period.
🎧
Customer Support Comparison
Support FeatureIC MarketsAvaTradeWinner
Live chatβœ“βœ“Tie
Phone supportβœ“βœ“Tie
Email supportβœ“βœ“Tie
24/7 supportβœ—βœ—Tie
24/5 supportβœ“βœ“Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 live chat and email support in English, with limited Bahasa Indonesia support during business hours. AvaTrade provides 24/5 live chat, phone, and email support in multiple languages, including Bahasa Indonesia. For Indonesian traders, AvaTrade’s local language support is a clear advantage. However, IC Markets’ 24/7 availability is better for those trading overnight or during weekends.

πŸ“±
Mobile App Comparison
Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5β˜…4.3β˜…IC Markets
Google Play rating4.3β˜…4.2β˜…IC Markets
Biometric loginβœ“βœ“Tie
Push notificationsβœ“βœ“Tie
Full charting on mobileβœ“βœ“Tie
Mobile deposit/withdrawalβœ“βœ“Tie
TradingView mobileβœ—βœ—Tie
Dark modeβœ“βœ“Tie
πŸ“š
Education & Research Tools
ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosIC Markets
Webinars (live)βœ—MonthlyTie
Economic calendarβœ“βœ“Tie
Market analysisDailyBasicIC Markets
Beginner resourcesExcellentBasicIC Markets
⭐
Real User Reviews β€” Trustpilot
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IC Markets
β˜…β˜…β˜…β˜…β˜…
54.4K
54,430 verified reviews
View on Trustpilot β†—
T
AvaTrade
β˜…β˜…β˜…β˜…β˜…
12.7K
12,700 verified reviews
View on Trustpilot β†—
βš–οΈ
Pros & Cons of Each Broker
πŸ”΅ IC Markets
Pros
βœ“Top-tier regulated (highest safety)
βœ“Islamic swap-free account
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
βœ“PAMM/MAM accounts available
Cons
βœ—No TradingView integration
βœ—$200 minimum deposit
βœ—No 24/7 support
🟒 AvaTrade
Pros
βœ“Top-tier regulated (highest safety)
βœ“Islamic swap-free account
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
Cons
βœ—No TradingView integration
βœ—No 24/7 support
βœ—No PAMM accounts
πŸ‘€
Who Should Use Which Broker? β€” Indonesia Guide

Choose IC Markets if you...

  • Are a scalper or day trader needing ultra-low spreads and fast execution
  • Use Expert Advisors (EAs) or algorithmic trading strategies
  • Trade high volumes and want to minimize costs per lot
  • Prefer cTrader or MT4/MT5 with advanced charting tools

Choose AvaTrade if you...

  • Are a beginner looking for fixed spreads and a user-friendly platform
  • Value multi-language support including Bahasa Indonesia
  • Want a broker with multiple regulatory licenses for peace of mind
  • Prefer lower minimum deposits ($100) and integrated educational resources
❓
FAQ β€” IC Markets vs AvaTrade in Indonesia
Is IC Markets or AvaTrade better for Indonesia? +
Can Indonesia traders use both brokers legally? +
Which broker has lower spreads for Indonesia traders? +
How do Indonesia traders deposit at IC Markets and AvaTrade? +
Do both brokers offer Islamic accounts for Indonesia? +
πŸ† Final Verdict β€” Indonesia 2026
AvaTrade wins overall

For Indonesia traders, the choice between IC Markets and AvaTrade depends on your trading style. IC Markets excels with low spreads, fast execution, and support for USDT deposits, making it ideal for active traders. AvaTrade offers a more regulated environment with fixed spreads and local language support, suiting beginners and risk-averse traders. Both accept Bank Transfer, Skrill, Neteller, and USDT, ensuring easy deposits and withdrawals. While neither is directly regulated by the local financial regulator, both operate under reputable international licenses. If you want to minimize trading costs and maximize speed, go with IC Markets. If you prefer a simpler, more supported experience, choose AvaTrade.

Open IC Markets β†’Open AvaTrade β†’
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. This comparison is for informational purposes only. CompareBroker.io may receive compensation when you open an account through our links. All data verified as of July 2026.
🎯 Find Your Best Broker
Compare all brokers for Indonesia traders based on your trading style.
Compare All Brokers β†’
Score Summary
IC Markets 3.6/5
AvaTrade πŸ†4.3/5
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⚠️ Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.