IC Markets vs Markets.com

vs
IC Markets vs Markets.com Comparison Table 2025
IC Markets Markets.com
4.8
4.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.

Established in 2008, Markets.com is a long-standing, multi-regulated broker with oversight from the CySEC and FSCA. It offers unique features to track hedge fund moves and insider trades, while providing stock signals to alert traders to market opportunities. Its choice of accounts (Classic to Professional) caters to all levels of active trader. 72.3% of retail accounts lose money.

CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities, indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose.
Customer Reviews
4.3
1
Comment by Reviewer
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders." "Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts."
Pros
  • IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
  • IC Markets secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
  • IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
  • Markets.com’s Hedge Fund Confidence and Insider Trading tools pulls SEC filings into the dashboard within 24 hours of disclosure, helping to spot fund moves and C-suite buys before most retail newsfeeds updated.
  • Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
  • Switching between the proprietary web platform (great for alerts and quick analysis) and MT5 (strong for algorithmic EAs) was smooth in our tests; positions synced across desktop, web, and mobile without gaps or re-quotes.
  • Markets.com provides commission-free trading on most assets with spreads starting from around 0.6 pips on major forex pairs, making it cost-effective for casual traders.
Cons
  • While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
  • Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.
  • During sign-up, we hit unclear account type explanations and got stuck in an email verification loop that locked us out for an hour - way less streamlined than other brokers we’ve tested.
  • While CySEC and FSCA oversight is solid, the SVGFSA entity offers 1:500 leverage under a light-touch framework, meaning protections like compensation schemes and strict conduct rules lag behind the strictest regulatory standards.
  • The proprietary web platform felt a bit basic once we pushed into advanced charting with fewer drawing/indicator options than full TradingView or MetaTrader.
  • Inactivity charges kick in after just 3 months, while variable spreads are wider than top ECN brokers during testing, which may deter day traders and high-frequency traders.
Awards
  • Best MT4/MT5 Broker 2025 - DayTrading.com
  • Best MT4/MT5 Broker 2023 - DayTrading.com
  • Best Forex Broker 2022 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Trading App 2020 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds
Demo Account
Yes Yes
Minimum Deposit
$200 $200
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • TradingView
  • TradingCentral
  • DupliTrade
  • Quantower
  • Web Platform
  • MT4
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, FSA, CMA CySEC, FSCA, SVGFSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android
App Review
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView  platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they've managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It's a seamless trading experience that feels both professional and highly responsive. The Markets.com app (iOS & Android) delivers a full trading desk in your pocket, with real-time pricing, interactive charts, and one-tap order execution across 2,200+ instruments. It integrates the broker’s proprietary tools, including hedge fund confidence indices, stock alerts, and live market news, so active traders can react instantly while on the go.
Android App Rating
4.2
3.5
iOS App Rating
3.1
3.1
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC Markets grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy.
Social Trading
Yes Yes
Trade Signals
Signal Start Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$0 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
You gain access to over 2,250 CFDs, available for trading 24/5 across popular markets such as forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and advanced bridge technology, IC Markets ensures optimal conditions for scalpers, hedgers, and algo traders alike. Markets.com delivers a broad CFD offering spanning forex, commodities, indices, stocks, ETFs, bonds, cryptocurrencies, and even unique thematic blends and IPOs. Low trading costs and accessible education make it beginner-friendly, while feature-rich charting platforms and specialized tools like hedge fund confidence and insider trading alerts give experienced CFD traders an analytical edge.
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) 1:500
FTSE Spread
1.0 2.5
GBPUSD Spread
0.23 1.5
Oil Spread
0.03 0.05
Stocks Spread
0.02 1.53 (Apple)
Forex Trading
IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot. Markets.com offers over 50 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos.
Forex App

IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.

GBPUSD Spread
0.23 1.5
EURUSD Spread
0.02 1.3
EURGBP Spread
0.27 1.4
Assets
75 50+
Currency Indices
  • USD
Cryptocurrency
IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms. Markets.com’s crypto offering covers 30+ major coins, including Bitcoin, Ethereum, and Litecoin, with leverage options that vary by region but stay more conservative than on forex. Execution was generally smooth in our tests, though spreads were noticeably wider during high volatility, making it better for swing trades than ultra-short-term scalping.
Spread
BTC 42.036 114.37 (BTC)
Coins
  • BTC
  • BCH
  • DOT
  • DSH
  • EMC
  • EOS
  • ETH
  • LNK
  • LTC
  • NMC
  • PPC
  • XLM
  • XRP
  • ADA
  • BNB
  • DOG
  • UNI
  • XTZ
  • XLM
  • PENGU
  • BTC
  • XTZ
  • SNX
  • YFI
  • TRX
  • HLP
  • HIVE
  • VAULTA
  • CRV
  • RSR
  • BAT
  • AAVE
  • VANA
  • VIRTUAL
  • XRP
  • DOGE
  • LTC
  • SKY
  • XMR
  • ADA
  • BCH
  • DASH
  • AVAX
  • BGB
  • PI
  • ETH
  • WLFI
  • TON
  • ZRX
  • SOL
  • DOT
  • LINK
  • UNI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities, indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose.