IC Markets vs InvestoPro 2026: Which Broker is Better for Norway Traders?

For Norway traders, trading costs are a key factor, especially when trading high-volume pairs like EUR/NOK or GBP/USD. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account, with a commission of $3.50 per lot per side. InvestoPro’s spreads start from 0.6 pips on standard accounts with no commission, but for active traders, IC Markets’ lower spreads can save hundreds of dollars monthly. For example, trading 10 lots per day on EUR/USD, IC Markets costs about $70 in commission, while InvestoPro’s wider spread could cost $120. Over a year, IC Markets is more cost-effective for frequent traders in Norway.

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all popular among Norwegian traders for their advanced charting, automated trading, and fast execution. InvestoPro offers MT4 and a proprietary web platform, which is simpler but lacks the depth of cTrader. For Norway traders who rely on Expert Advisors (EAs) or need multi-asset analysis, IC Markets’ cTrader is a standout. InvestoPro’s platform is better suited for beginners who prefer a streamlined interface without complex tools.

IC Markets is known for its ultra-fast execution, averaging under 40 milliseconds on cTrader, with no requotes. InvestoPro’s execution is decent but slower, with occasional slippage during high volatility. For Norway traders trading news events or scalping, IC Markets’ superior execution speed and low latency servers in London and New York provide a clear edge.

IC Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while InvestoPro holds an FCA license (UK). Neither broker is directly regulated by Norway’s local financial regulator, Finanstilsynet, meaning they are not subject to Norwegian deposit guarantee schemes. However, they comply with international standards like MiFID II (via CySEC/FCA), offering segregated accounts and negative balance protection. Norway traders should note that investor compensation may be lower than under local regulation, but both brokers maintain strong reputations for client fund safety.

Norway traders can fund accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. IC Markets requires a minimum deposit of $200 (or equivalent in NOK), while InvestoPro starts at just $50. Deposits via Skrill and Neteller are instant and fee-free for both; USDT TRC20 deposits are also fast with low network fees. Bank transfers may take 1-3 business days and could incur intermediary fees. Withdrawals are processed within 24 hours for e-wallets and crypto, while bank transfers take 2-5 days. IC Markets charges no withdrawal fees, but InvestoPro may apply a small fee for bank transfers. For crypto-savvy Norway traders, USDT TRC20 is a convenient option to avoid currency conversion costs.

Both IC Markets and InvestoPro offer Islamic (swap-free) accounts for Muslim traders in Norway. IC Markets provides these on all account types (Standard, Raw Spread, cTrader) with no swap fees on overnight positions, aligning with Sharia law. InvestoPro also offers Islamic accounts but may limit the swap-free period to 30 days on certain instruments or charge administrative fees after that. Norway traders seeking a fully compliant Islamic account should prefer IC Markets for its transparent, no-extra-cost policy. Always confirm terms with support before opening.

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Norway traders. InvestoPro provides similar support but with limited hours (9 AM–6 PM GMT) and a smaller team. For urgent issues during European trading sessions, IC Markets’ round-the-clock support is more reliable for Norwegian clients.