IC Markets vs. Interactive brokers

Comparison: IC Markets vs. Interactive brokers – 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%

IC Markets vs. Interactive brokers

Basic information

Basic information
IC Markets Interactive brokers
Deposit 200 EUR/USD 10 EUR/USD
Spreads 0.5 EUR/USD 1 EUR/USD
Established 2007 1978
Currency Pairs (Total Forex pairs) 90 22
Country UK UK
Regulation FCA (UK), ASIC (Australia), Cysec Authorised in the European Union (EU)
Trading app MetaTrader 4 (MT4), cTrader, MetaTrader 5 (MT5) Desktop Platform (Windows), Web Platform
Number of CFD asset classes 6 5
Broker type MM ECN, STP
Support Phone, Mail, Chat Phone, Mail, Chat
Funding methods * Some of the payment methods may not be available in your country. Skrill, Qiwi, FasaPay, PayPal, Poli, Visa/Mastercard, Bank Wire * Some of the payment methods may not be available in your country. 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

In terms of overall rating, both brokers are equal – both have 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while Interactive brokers sets it at 10 EUR/USD. Conversely, Interactive brokers scores with a lower minimum deposit. For IC Markets, the spread is 0.5 EUR/USD, while for Interactive brokers it is 1 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while Interactive brokers provides 22. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while Interactive brokers has been operating since 1978. The older Interactive brokers has the upper hand in this regard. This advantage goes to Interactive brokers, while IC Markets lacks it. IC Markets is overseen by 3 regulatory bodies, while Interactive brokers has 1. More regulations at IC Markets enhance its trustworthiness. IC Markets supports 3 platforms, while Interactive brokers offers 2. A greater choice of platforms gives IC Markets the lead.
60%
IC Markets
50%
Interactive brokers

Key Strengths

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.
Interactive brokers
  • Extremely low fees
  • Wide range of products
  • Many great research tools
  • Low margin rates
  • No inactivity fee and no withdrawal fee

Comparison by Categories

  1. Investments 75 62
  2. Cost 80 80
  3. Trading app 43 29
  4. Trading Tools 100 100
  5. Research 100 83
  6. Education 100 100
  7. Forex 100 100
  8. Commodities 91 100
  9. Indicies 100 100
  10. Cryptocurrencies 50 0
  11. Regulations 50 17
  12. Support 100 100
  13. Overall 60 50

Comprehensive Comparison: IC Markets vs Interactive brokers

IC Markets
Interactive brokers

Investments

75 % 62 %
Investments
Investments IC MarketsInteractive brokers
Currency Pairs (Total Forex pairs) 90 22
CFDs – Total Offered 300+ 100+
Options CFD No Yes
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes No

Cost

80 % 80 %
Cost
Cost IC MarketsInteractive brokers
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.5 1
Deposit from 200 10
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

43 % 29 %
Trading app
Trading app IC MarketsInteractive brokers
Desktop Platform (Windows) No Yes
Web Platform No Yes
Social Trading / Copy-Trading No No
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes No
Currenex No No
cTrader Yes No

Trading Tools

100 % 100 %
Trading Tools
Trading Tools IC MarketsInteractive brokers
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 Yes Yes
Order Type – Trailing Stop Yes Yes

Research

100 % 83 %
Research
Research IC MarketsInteractive brokers
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs Yes No
Economic Calendar Yes Yes
Research Yes Yes

Education

100 % 100 %
Education
Education IC MarketsInteractive brokers
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes Yes
Videos – Advanced Trading Videos Yes Yes
Investor Dictionary (Glossary) Yes Yes
Education Yes Yes

Forex

100 % 100 %
Forex
Forex IC MarketsInteractive brokers
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

91 % 100 %
Commodities
Commodities IC MarketsInteractive brokers
Gold No Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee Yes Yes
Cocoa Yes Yes
Soybeans Yes Yes
Rice Yes Yes
Corn Yes Yes
Platinum Yes Yes
Palladium Yes Yes

Indicies

100 % 100 %
Indicies
Indicies IC MarketsInteractive brokers
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes

Cryptocurrencies

50 % 0 %
Cryptocurrencies
Cryptocurrencies IC MarketsInteractive brokers
Bitcoin Yes No
Litecoin Yes No
Ethereum Yes No
Ripple Yes No
Neo No No
Stellar No No
Cardano No No
Tron No No
Monero No No
EOS Yes No

Regulations

50 % 17 %
Regulations
Regulations IC MarketsInteractive brokers
Cysec Yes No
ASIC (Australia) Yes No
FCA (UK) Yes No
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No

Support

100 % 100 %
Support
Support IC MarketsInteractive brokers
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

60 % 50 %
Overall
Overall IC MarketsInteractive brokers

Our Recommendations

Best for Interactive brokers

Thanks to comprehensive educational materials and a user-friendly platform, Interactive brokers 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.

IC Markets Interactive brokers