easyMarkets and IC Markets square off on price structures, platform options, and regulatory coverage. The clash highlights fixed spreads versus true ECN access and platform diversity.
IC Markets leads overall with a higher editorial score than easyMarkets. The gap reflects IC Markets' true ECN pricing and broader platform options.
Find out which broker best suits your trader profile.
Choose easyMarkets if…
Choose easyMarkets if you want fixed spreads and a $25 minimum deposit.
Choose IC Markets if…
Choose IC Markets if you want true ECN pricing with 0.0 pip spreads and MT4/MT5/cTrader.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
IC Markets offers tighter spreads from 0.00 pips vs 0.70 pips for easyMarkets, reducing trading costs.
| Editorial score | 3.9/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.6 / 5▲ |
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | easyMarkets | IC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | 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 |
IC Markets rates 4.7/5 versus 3.9/5 for easyMarkets. IC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
IC Markets starts from 0 pips, tighter than easyMarkets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
easyMarkets has $25, while IC Markets requires at least $200. This makes easyMarkets more accessible for traders with limited starting capital.
Both easyMarkets and IC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: easyMarkets requires a lower minimum deposit ($25), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
easyMarkets lists maximum leverage of 400:1, while IC Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
IC Markets charges $7 per lot on commission-based accounts. Commission details for easyMarkets are not currently available. Check their website for up-to-date pricing.
easyMarkets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. easyMarkets has exclusive access to Proprietary Web/Mobile. IC Markets has exclusive access to cTrader and TradingView.
easyMarkets wins for safety & regulation due to broader regulator coverage.
IC Markets wins for active traders thanks to true ECN routing and raw spreads.
IC Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
IC Markets wins due to MT4/MT5 plus cTrader and TradingView access.
easyMarkets is best for beginners due to a $25 minimum deposit.
IC Markets wins for instrument variety with about 2200 instruments.
Fees & Spreads 30% weight | 3.8 / 5 | 5.0 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.6 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.5 / 5▲ |
|---|
| Founded | 2001 | 2007 |
|---|
| Headquarters | Limassol, Cyprus | Sydney, Australia |
|---|
| Min Deposit | $25▼ lower | $200 |
|---|
| Spreads From | 0.7 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 0.7 pips |
| Max Leverage | 400:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CNV HCMC CySEC MNB | ASIC FSCA CySEC |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | cTrader MetaTrader 5 TradingView MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform 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
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
Limited charting capabilities
Cons
Not available to US residents
Higher minimum deposit than IG/OANDA
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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