This comparison pits IC Markets, a regulated CFD broker, against KuCoin, a native crypto exchange. The tension centers on safety versus access to a wider token universe.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose IC Markets if you want regulated access to crypto CFDs with segregated client funds and negative balance protection.
Choose if…
Choose KuCoin if you want 700+ coins and native exchange access.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 4.1/ 5 | 3.9/ 5 |
| Min Deposit | $200 | No minimum▼ lower |
| Spreads From | 0 pips | N/A |
| Taker Fee | 7.00% | 0.10%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | IC Markets | KuCoin |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
The scores are close: IC Markets rates 4.1/5 and KuCoin rates 3.9/5. IC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
IC Markets lists a spread from 0. Current spread data is not available for KuCoin. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
KuCoin has no minimum deposit, while IC Markets requires at least $200. This makes KuCoin more accessible for traders looking to start with a smaller crypto investment.
IC Markets holds top-tier regulation (ASIC, CySEC, FSCA), providing stronger investor protections. KuCoin may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: KuCoin has no minimum deposit, removing the capital barrier entirely, and IC Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
IC Markets offers up to 2:1 on perpetual or margin products, versus KuCoin's 10:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
KuCoin charges $0.1 per trade, lower than IC Markets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while KuCoin supports KuCoin. IC Markets has exclusive access to cTrader and MetaTrader 5 and TradingView and MetaTrader 4. KuCoin has exclusive access to KuCoin.
KuCoin offers staking while IC Markets does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check KuCoin's supported coins, lock-up terms, and estimated yields before committing.
KuCoin lists 500+ coins while IC Markets does not meet this threshold in our data. For traders who want access to many altcoins, KuCoin has the broader selection. Confirm specific coin availability for your region on each exchange's website.
IC Markets wins for security due to ASIC and CySEC oversight, segregated funds, and negative balance protection.
KuCoin offers staking and yield-earning options while IC Markets does not, making KuCoin the better choice for holders who want to earn passive income on their crypto.
| 0.7 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free (crypto/bank); card fees apply |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | CryptoBank transferCredit cardDebit cardP2P |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | CryptoBank transferCredit cardP2P |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | ASIC CySEC FSCA | — |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | Yes |
|---|
| P2P Trading | No | Yes |
|---|
| Crypto Earn / Savings | No | Yes |
|---|
| Token Launchpad | No | Yes |
|---|
| Active bonuses | None | 2 offers |
|---|
IC Markets and KuCoin are closely matched overall. The clearest differentiator is investor protection: IC Markets provides segregated funds and negative balance protection, while KuCoin does not.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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