HomeCompareIC Markets vs AvaTradeIndonesia
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Complete Head-to-Head Comparison · 2026

IC Markets vs AvaTrade for Indonesia Traders (2026)

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

IC
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: Indonesia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Indonesia Traders

Best Overall
AvaTrade
Higher overall score & more features
Best Spreads
AvaTrade
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Indonesia Muslims
Best for Beginners
AvaTrade
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:400
Max leverage
ASIC vs CBI
Top regulator
3.6 vs 4.3
Our scores
Table of Contents

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.

🏆

Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
AvaTrade
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

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.

📂

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 - Indonesia Traders

Entity / AssetIC MarketsAvaTrade
Indonesia (offshore)Up to 1:5000Up to 1:400
Forex major pairs1:50001:400
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
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.
📈

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 CFDsAvaTrade
ETFsTie
🖥️

Platforms Comparison

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

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 - Speed & Slippage

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

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.

🛡️

Regulation & Safety for Indonesia Traders

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

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.

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

Deposits & Withdrawals for Indonesia

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

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.

☪️

Islamic Accounts - Swap-Free for Indonesia 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 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.

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 chatTie
Phone supportTie
Email supportTie
24/7 supportTie
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.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAvaTradeWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsAvaTradeWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
AvaTrade
★★★★★
12.7K
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? - 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 - 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? +

Final Verdict - 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 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 July 2026.
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Score Summary
IC Markets 3.6/5
AvaTrade Winner4.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.