Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Finland
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs AvaTrade 2026: Complete Comparison For Finland Traders

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

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA · Founded 2006
Open Account
Winner: AvaTrade
Categories: 12 compared
For: Finland traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Finland Traders

Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Finland Muslims
Best for Beginners
AvaTrade
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:30
Max leverage
ASIC vs CBI
Top regulator
3.6 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

For Finland traders seeking a reliable forex broker, IC Markets and AvaTrade stand out as two of the most popular choices in 2026. IC Markets, with an overall rating of 4.8/5, is renowned for its ultra-low spreads and institutional-grade execution, ideal for Finnish scalpers and algorithmic traders. AvaTrade, rated 4.6/5, offers a user-friendly platform with fixed spreads and extensive educational tools, catering to retail traders in Finland who prioritize simplicity and support. Both brokers accept Finland clients and support local payment methods like Bank Transfer (SEPA), Skrill, Neteller, and USDT, making deposits and withdrawals seamless. Finland's trading environment, influenced by the euro and local economic factors, benefits from both brokers' strong regulatory frameworks and competitive offerings. This comparison covers spreads, platforms, regulation, and more to help you decide based on your specific needs as a Finland-based trader.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
AvaTrade logo
AvaTrade
CBI · ASIC · JFSA
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
4.5
WIN
Regulation
Safety, oversight
3.9
4.6
WIN
Deposits
Local payments
3.7
4.4
WIN
Customer Support
24/5, chat, phone
3.4
4.1
WIN
Education
Webinars, guides
3.3
4.4
WIN
Execution
Speed, slippage
3.7
4.4
WIN
Mobile App
iOS, Android
3.6
4.3
WIN
💹

Trading Costs - 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

When comparing trading costs for Finland traders, IC Markets has a clear edge with raw spreads starting from 0.0 pips on major forex pairs like EUR/USD, plus a low commission of $3.50 per lot round turn. This structure is highly cost-effective for high-volume Finnish traders. AvaTrade, on the other hand, offers fixed spreads starting from 0.9 pips with no commission, which can be simpler for beginners but more expensive for active traders. For a Finland trader executing 10 lots per day, IC Markets could save hundreds of euros monthly compared to AvaTrade. Additionally, IC Markets' lower swap rates benefit long-term position traders in Finland, though AvaTrade's fixed spreads provide predictability during volatile market events.

📂

Account Types Comparison

Account TypeIC MarketsAvaTrade
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✗
Copy trading✗✓
Min deposit$200$100
⚖️

Leverage Comparison - Finland Traders

Entity / AssetIC MarketsAvaTrade
Finland (offshore)Up to 1:5000Up to 1:30
Forex major pairs1:50001:30
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Finland Traders
Traders in Finland typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsAvaTradeWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗✗AvaTrade
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformIC MarketsAvaTrade
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✓
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

IC Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all popular among Finnish traders for their advanced charting and algorithmic trading capabilities. These platforms support Expert Advisors (EAs) and custom indicators, ideal for Finland's growing community of automated traders. AvaTrade provides its proprietary WebTrader, plus MetaTrader 4 and 5, but also includes AvaSocial for copy trading and a mobile app. For Finland traders who value flexibility and third-party tools, IC Markets' cTrader integration is a standout, while AvaTrade's platform suite is more beginner-friendly with integrated risk management tools.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsAvaTradeWinner
Execution modelECN/STPTrue ECNAvaTrade
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IC Markets is known for its ultra-fast execution speeds, typically under 40 milliseconds, using Equinix data centers and low-latency infrastructure, which is critical for Finnish scalpers and high-frequency traders. AvaTrade offers reliable execution but with slightly higher latency, averaging 200-300 milliseconds, which is still adequate for most retail traders. For Finland traders using Expert Advisors or automated strategies, IC Markets' execution quality is superior, while AvaTrade's execution is more than sufficient for manual trading.

🛡️

Regulation & Safety for Finland Traders

Safety FactorIC MarketsAvaTrade
Primary regulatorASICCBI
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both IC Markets and AvaTrade are regulated by top-tier authorities, providing Finland traders with strong investor protection. IC Markets is regulated by CySEC (Cyprus) and ASIC (Australia), ensuring compliance with EU MiFID II standards, including negative balance protection and segregated accounts. AvaTrade is regulated by the Central Bank of Ireland and ASIC, with additional licenses in South Africa and the British Virgin Islands. For Finland traders, the local financial regulator (Finanssivalvonta) does not directly oversee these brokers, but EU regulation from CySEC and the CBI offers similar safeguards. Both brokers also participate in investor compensation schemes, covering up to €20,000 per client under EU law.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Finland traders may differ by entity.
💳

Deposits & Withdrawals for Finland

Payment MethodIC MarketsAvaTrade
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
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

Finland traders can easily fund their accounts at both IC Markets and AvaTrade using Bank Transfer (SEPA), Skrill, Neteller, and USDT. IC Markets processes deposits instantly for e-wallets and USDT, with bank transfers taking 1-3 business days, and withdrawals are typically processed within 24 hours. AvaTrade also supports these methods, with bank transfers free of charge and e-wallet deposits reflecting immediately. Minimum deposits are $100 at IC Markets and $100 at AvaTrade. Both brokers do not charge deposit fees, though bank transfer fees from Finland banks may apply. USDT deposits are particularly convenient for Finland traders using crypto, offering fast and low-cost transfers. Withdrawals at both brokers are straightforward, with IC Markets offering same-day processing for e-wallets.

☪️

Islamic Accounts - Swap-Free for Finland Muslims

Islamic Account FeatureIC MarketsAvaTrade
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Finland traders who require Sharia-compliant trading. IC Markets provides Islamic accounts on request for clients from Muslim-majority countries, including Finland, with no swap or interest charges on overnight positions. AvaTrade offers Islamic accounts automatically for eligible traders, with a more streamlined approval process. Both accounts maintain the same spreads and commissions as standard accounts, though IC Markets may charge a small administrative fee for long-term positions. For Finland's growing Muslim community, both brokers ensure compliance with Islamic finance principles while offering competitive trading conditions.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsAvaTradeWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets provides 24/7 customer support via live chat, email, and phone, with English as the primary language, but no dedicated Finnish-language support. AvaTrade offers multilingual support including English, with 24/5 availability and a comprehensive FAQ section. For Finland traders, AvaTrade's support is slightly more accessible due to its wider language options, though IC Markets' faster response times compensate. Both brokers have responsive live chat systems that are ideal for urgent queries.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
AvaTrade
☆☆☆☆☆
—
12,700 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

AvaTrade

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Finland Guide

Choose IC Markets if you...

  • Are a scalper or day trader needing ultra-low spreads from 0.0 pips
  • Use algorithmic trading or Expert Advisors on MetaTrader or cTrader
  • Prefer high-volume trading with low commission costs
  • Value fast execution speeds for optimal trade entry

Choose AvaTrade if you...

  • Are a beginner retail trader seeking a user-friendly platform
  • Prefer fixed spreads for predictable trading costs
  • Want access to copy trading via AvaSocial
  • Need comprehensive educational resources and multilingual support
❓

FAQ - IC Markets vs AvaTrade in Finland

Is IC Markets or AvaTrade better for Finland?

+

Can Finland traders use both brokers legally?

+

Which broker has lower spreads for Finland traders?

+

How do Finland traders deposit at IC Markets and AvaTrade?

+

Do both brokers offer Islamic accounts for Finland?

+

Final Verdict - Finland 2026

AvaTrade wins overall

For Finland traders, IC Markets is the superior choice for active and experienced traders due to its raw spreads, fast execution, and advanced platforms, scoring 4.8/5. It supports Bank Transfer, Skrill, Neteller, and USDT, making deposits easy for Finnish users. AvaTrade, with a 4.6/5 rating, is better for beginners or those who prefer fixed spreads and integrated educational tools. Both brokers are regulated by EU authorities, offering protection through the local financial regulator (Finanssivalvonta) context. Ultimately, if you trade frequently or use EAs, IC Markets is the better fit; if you prioritize simplicity and support, AvaTrade is a solid choice. Consider your trading style and volume when deciding.

Open IC MarketsOpen AvaTrade
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
Find Your Best Broker
Compare all brokers for Finland traders based on your trading style.
Compare All Brokers
Score Summary
IC Markets 3.6/5
AvaTrade Winner4.3/5
Full Reviews
Full IC Markets Review →Full AvaTrade Review →
Similar Comparisons
IC Markets vs ExnessExness vs AvaTradeIC Markets vs XM GroupXM Group vs AvaTradeIC Markets vs FP MarketsFP Markets vs AvaTrade
Best Brokers in Finland
Best Forex BrokersBest Gold CFD BrokersLowest Spread BrokersBest Demo Account
Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
Investing.comForbesFX StreetNASDAQ