CMC Markets vs. IC Markets

Comparison: CMC Markets vs. IC Markets – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.

Winner of this comparison: IC Markets with an overall rating of 60%

CMC Markets vs. IC Markets

Basic information

Basic information
CMC Markets IC Markets
Deposit 1 EUR/USD 200 EUR/USD
Spreads 0.8 EUR/USD 0.5 EUR/USD
Established 1989 2007
Currency Pairs (Total Forex pairs) 158 90
Country UK, Australia UK
Regulation FCA (UK), ASIC (Australia) FCA (UK), ASIC (Australia), Cysec
Trading app MetaTrader 4 (MT4) MetaTrader 4 (MT4), cTrader, MetaTrader 5 (MT5)
Number of CFD asset classes 5 6
Broker type MM MM
Support Phone, Mail, Chat Phone, Mail, Chat
Funding methods * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire * Some of the payment methods may not be available in your country. Skrill, Qiwi, FasaPay, PayPal, Poli, Visa/Mastercard, Bank Wire
Real Stocks and ETFs Yes Yes

*The value is indicative from the broker's website. The spread amount is variable.

72.52% of retail investor accounts lose money when trading CFDs with this provider.

Comparison Result

If you don’t want to read the full comparison, the winner of our review is IC Markets, which takes the lead with a rating of 60%, while CMC Markets only reaches 36%. CMC Markets requires a minimum deposit of 1 EUR/USD, while IC Markets sets it at 200 EUR/USD. Thanks to the lower deposit, CMC Markets is more welcoming to traders with smaller budgets. For CMC Markets, the spread is 0.8 EUR/USD, while for IC Markets it is 0.5 EUR/USD. Lower spreads at IC Markets give it the edge. CMC Markets offers 158 forex pairs, while IC Markets provides 90. A wider selection gives CMC Markets the advantage. CMC Markets was founded in 1989, while IC Markets has been operating since 2007. The longer tradition of CMC Markets means greater experience. Unfortunately, neither of them offers this option. CMC Markets is overseen by 2 regulatory bodies, while IC Markets has 3. Stricter oversight at IC Markets gives it an advantage. CMC Markets supports 1 platforms, while IC Markets offers 3. More options are provided by IC Markets.
36%
CMC Markets
60%
IC Markets

Key Strengths

CMC Markets
  • Affordable forex trading with low fees
  • High-quality mobile and web platform for easy trading
  • Extensive analytical tools and educational materials
  • Clients under the supervision of top financial regulators
  • CMC Markets Plc is a publicly traded company on the London Stock Exchange
  • Built-in negative balance protection
IC Markets
  • Competitive spreads and low commissions: Low variable spreads, from 0 pips.
  • Wide range of trading instruments: Trading with over 2250 instruments.
  • Support for all trading methods: Scalping, HFT, and automated trading.

Comparison by Categories

  1. Investments 62 75
  2. Cost 80 80
  3. Trading app 14 43
  4. Trading Tools 80 100
  5. Research 50 100
  6. Education 33 100
  7. Forex 100 100
  8. Commodities 27 91
  9. Indicies 60 100
  10. Cryptocurrencies 20 50
  11. Regulations 33 50
  12. Support 100 100
  13. Overall 36 60

Comprehensive Comparison: CMC Markets vs IC Markets

CMC Markets
IC Markets

Investments

62 % 75 %
Investments
Investments CMC MarketsIC Markets
Currency Pairs (Total Forex pairs) 158 90
CFDs – Total Offered 4500+ 300+
Options CFD No No
Share CFDs Yes Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes Yes

Cost

80 % 80 %
Cost
Cost CMC MarketsIC Markets
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.8 0.5
Deposit from 1 200
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No

Trading app

14 % 43 %
Trading app
Trading app CMC MarketsIC Markets
Desktop Platform (Windows) No No
Web Platform No No
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) No Yes
Currenex No No
cTrader No Yes

Trading Tools

80 % 100 %
Trading Tools
Trading Tools CMC MarketsIC Markets
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes Yes
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news No Yes
Order Type – Trailing Stop No Yes

Research

50 % 100 %
Research
Research CMC MarketsIC Markets
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar No Yes
Research No Yes

Education

33 % 100 %
Education
Education CMC MarketsIC Markets
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No Yes
Education No Yes

Forex

100 % 100 %
Forex
Forex CMC MarketsIC Markets
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes

Commodities

27 % 91 %
Commodities
Commodities CMC MarketsIC Markets
Gold Yes No
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil No Yes
Coffee No Yes
Cocoa No Yes
Soybeans No Yes
Rice No Yes
Corn No Yes
Platinum No Yes
Palladium No Yes

Indicies

60 % 100 %
Indicies
Indicies CMC MarketsIC Markets
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes

Cryptocurrencies

20 % 50 %
Cryptocurrencies
Cryptocurrencies CMC MarketsIC Markets
Bitcoin Yes Yes
Litecoin No Yes
Ethereum Yes Yes
Ripple No Yes
Neo No No
Stellar No No
Cardano No No
Tron No No
Monero No No
EOS No Yes

Regulations

33 % 50 %
Regulations
Regulations CMC MarketsIC Markets
Cysec No Yes
ASIC (Australia) Yes Yes
FCA (UK) Yes Yes
Authorised in the European Union (EU) No No
CFTC Registered (USA) No No
FINMA (Switzerland) No No

Support

100 % 100 %
Support
Support CMC MarketsIC Markets
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

36 % 60 %
Overall
Overall CMC MarketsIC Markets

Our Recommendations

Best for IC Markets

Thanks to comprehensive educational materials and a user-friendly platform, IC Markets is an ideal choice for new traders.

Best Platform IC Markets

The trading platform of broker IC Markets offers an intuitive interface and advanced features for efficient trading.

Lowest Costs

Both brokers have comparable fee structures and spreads.

CMC Markets IC Markets