AMarkets vs IC Markets Forex Broker Comparison
A head-to-head comparison of AMarkets and IC Markets across regulation, trading costs, platforms, and editorial scoring.
SVG FSA-regulated broker with genuine ECN conditions on MT4, MT5, and cTrader, a well-regarded PAMM system, and an established following in Russia, Ukraine, and Central Asia.
VS
Score 4.7 / 5
4 bonusesTrue ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Our Verdict
IC Markets winsClear Winner
IC Markets comes out ahead with an editorial score of 4.7/5 compared to AMarkets's 3.8/5.
IC Markets
4.7/5
AMarkets
3.8/5
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
Recommended
IC Markets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
IC Markets offers more exclusive platform options: TradingView.
Best for beginners
Recommended
IC Markets edges out AMarkets with a higher editorial score (4.7/5 vs 3.8/5), indicating a stronger overall experience for new traders.
AMarkets vs IC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.6 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 5.0 / 5▲ |
Platforms & Tools 20% weight | 4.1 / 5 | 4.6 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.5 / 5▲ |
| Founded | 2007 | 2007 |
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Sydney, Australia |
| Min deposit | $100 | $200 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $7/lot |
| Max leverage | 3000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | SVGFSA | FSCA ASIC CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 MetaTrader 5 cTrader TradingView |
| Active bonuses | ||
| Visit broker | Visit AMarkets | Visit IC Markets |
AMarkets vs IC Markets Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
True ECN routing with raw 0.0 pip spreads
All three major platforms (MT4, MT5, cTrader)
Deep liquidity from 25+ tier-1 sources
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
SVG FSA registration only - no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
Not available to US residents
Higher minimum deposit than IG/OANDA
No proprietary platform
AMarkets vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
AMarkets
criteria wins
4
IC Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | IC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs IC Markets: Frequently Asked Questions
Based on our independent editorial scoring, IC Markets ranks higher with a score of 4.7/5 vs 3.8/5 for AMarkets. The best choice still depends on your individual trading needs; AMarkets and IC Markets may each suit different trader profiles.
Both AMarkets and IC Markets offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
AMarkets has a lower minimum deposit of $100, while IC Markets requires at least $200. This makes AMarkets more accessible for traders with limited starting capital.
IC Markets holds top-tier regulation (FSCA, ASIC, CySEC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: AMarkets has a lower minimum deposit ($100), lowering the barrier to entry; IC Markets offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
AMarkets offers maximum leverage of 3000:1, while IC Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
AMarkets charges $6 per lot, lower than IC Markets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports MetaTrader 4, MetaTrader 5, cTrader and IC Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView; both support MetaTrader 4, MetaTrader 5, cTrader; IC Markets exclusively offers TradingView.
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Score 3.8 / 5
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