Quick Verdict — Georgia Traders
Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Georgia Muslims
Best for Beginners
AvaTrade
Better education & support
1:5000 vs 1:30
Max leverage
Head-to-head comparison
For traders in Georgia, choosing between IC Markets and AvaTrade is a critical decision that impacts your trading costs, platform experience, and overall success. IC Markets, with a score of 4.8/5, is renowned for its ultra-low spreads and institutional-grade execution, making it a favorite among active and professional traders. AvaTrade, scoring 4.6/5, excels in user-friendliness, fixed spreads, and a wide range of educational resources, appealing to beginners and those who prefer predictable costs. Both brokers accept Georgia traders and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, ensuring convenient deposits and withdrawals. This comparison will help you evaluate their offerings based on the specific needs of retail traders in Georgia, including regulatory considerations and Islamic account availability.
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Overall Scores Comparison

IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS

AvaTrade
CBI · ASIC · JFSA
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | IC Markets | AvaTrade | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | AvaTrade |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | AvaTrade |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | AvaTrade |
| Standard acc spread | from 1.0 pips | from 0.8 pips | AvaTrade |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | AvaTrade |
When comparing trading costs for Georgia traders, IC Markets clearly leads with variable spreads starting from 0.0 pips on its Raw Spread account, plus a $7 commission per lot. This is ideal for high-volume traders and scalpers who execute multiple trades daily. AvaTrade offers fixed spreads averaging 0.9 pips on major pairs with no commission, which is more predictable but wider overall. For a Georgia trader trading 10 lots per month, IC Markets can save hundreds of dollars in spread costs. However, if you trade infrequently or prefer budget-friendly fixed costs, AvaTrade's model may be more suitable.
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Account Types Comparison
| Account Type | IC Markets | AvaTrade |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $200 | $100 |
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Leverage Comparison - Georgia Traders
| Entity / Asset | IC Markets | AvaTrade |
|---|
| Georgia (offshore) | Up to 1:5000 | Up to 1:30 |
| Forex major pairs | 1:5000 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Georgia Traders
Traders in Georgia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | IC Markets | AvaTrade | Winner |
|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | ✗ | AvaTrade |
| ETFs | ✗ | ✓ | Tie |
⚡
Execution Quality - Speed & Slippage
| Factor | IC Markets | AvaTrade | Winner |
|---|
| Execution model | ECN/STP | True ECN | AvaTrade |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets is known for its low-latency execution with servers located in the NY4 and LD4 data centers, offering raw spreads and minimal slippage. This is ideal for Georgia traders using scalping or high-frequency strategies. AvaTrade uses a market maker model, which provides instant execution but may have wider spreads. AvaTrade also offers guaranteed stop-loss orders, which can be valuable for risk management. Overall, IC Markets excels in speed and transparency, while AvaTrade prioritizes stability and predictability.
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Regulation & Safety for Georgia Traders
| Safety Factor | IC Markets | AvaTrade |
|---|
| Primary regulator | ASIC | CBI |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing.
AvaTrade is regulated by multiple bodies such as the Central Bank of Ireland,
ASIC,
FSCA (South Africa), and
FSA (Japan). While neither broker is directly regulated by the local financial regulator in Georgia, their international licenses provide strong protection. For Georgia traders, this means your funds are segregated and you have access to dispute resolution mechanisms.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Georgia traders may differ by entity.
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Deposits & Withdrawals for Georgia
| Payment Method | IC Markets | AvaTrade |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days |
Both IC Markets and AvaTrade support the payment methods most convenient for Georgia traders: Bank Transfer, Skrill, Neteller, and USDT. IC Markets has a minimum deposit of $200 and processes deposits instantly with no fees. Withdrawals are typically processed within 24 hours and are free for most methods. AvaTrade has a lower minimum deposit of $100 and also offers instant deposits. Withdrawals are processed within 1-2 business days. For Georgia traders using USDT, both brokers offer fast and low-cost transactions. Bank transfers may take 2-5 business days but are reliable for larger amounts. Skrill and Neteller are ideal for quick deposits and withdrawals with minimal fees.
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Islamic Accounts - Swap-Free for Georgia Muslims
| Islamic Account Feature | IC Markets | AvaTrade |
|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both IC Markets and AvaTrade offer Islamic (swap-free) accounts for Muslim traders in Georgia who require compliance with Sharia law. These accounts do not charge overnight interest (swap) on positions held open past the daily rollover. AvaTrade provides Islamic accounts automatically upon request, with no additional requirements. IC Markets also offers them but requires traders to contact customer support to activate the feature. Both brokers ensure that Islamic accounts have no hidden fees, though IC Markets may apply a small administrative fee after a certain number of days. For Georgia's Muslim traders, both options are reliable and transparent.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | IC Markets | AvaTrade | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets provides 24/7 multilingual customer support via live chat, email, and phone. Their support team is responsive and knowledgeable, though they do not offer Georgian language support. AvaTrade also offers 24/5 support with live chat, email, and phone, and provides support in multiple languages including Russian, which is widely spoken in Georgia. Both brokers have comprehensive FAQ sections. For Georgia traders, AvaTrade's Russian-language support may be more accessible, while IC Markets is better for English speakers who need round-the-clock assistance.
| Mobile Feature | IC Markets | AvaTrade | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
📚
Education & Research Tools
| Resource | IC Markets | AvaTrade | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
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Real User Reviews - Trustpilot
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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? - Georgia Guide
Choose IC Markets if you...
- Are an active trader or scalper who needs ultra-low spreads and fast execution.
- Prefer advanced platforms like MetaTrader 4/5 or cTrader for technical analysis.
- Trade high volumes and want to minimize costs per trade.
- Are comfortable with English-language support and need 24/7 assistance.
Choose AvaTrade if you...
- Are a beginner or intermediate trader who values user-friendly platforms and educational resources.
- Prefer fixed spreads for predictable trading costs.
- Want access to social trading and copy trading features.
- Prefer Russian-language support and lower minimum deposit requirements.
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FAQ - IC Markets vs AvaTrade in Georgia
Is IC Markets or AvaTrade better for Georgia?
+Can Georgia traders use both brokers legally?
+Which broker has lower spreads for Georgia traders?
+How do Georgia traders deposit at IC Markets and AvaTrade?
+Do both brokers offer Islamic accounts for Georgia?
+Final Verdict - Georgia 2026
AvaTrade wins overall
For Georgia traders, IC Markets is the better choice for active, cost-conscious traders who prioritize low spreads, fast execution, and advanced platforms. Its 4.8 rating reflects its superior trading conditions, especially for scalpers and high-volume traders. AvaTrade, with its 4.6 rating, is ideal for beginners and those who prefer fixed spreads, user-friendly tools, and Russian-language support. Both brokers accept local payment methods like Bank Transfer, Skrill, Neteller, and USDT, making deposits and withdrawals convenient. While neither is regulated by the local financial regulator, their international licenses provide strong security. Ultimately, IC Markets wins for performance, while AvaTrade wins for accessibility and education.
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.