IC Marketsvs
LibertexForex Broker Comparison
IC Markets and Libertex face off on regulatory coverage, pricing models, and platform ecosystems. This clash probes which broker delivers trust and value in practice.
Our Verdict
IC Markets winsClear Winner
IC Markets leads overall with a 4.7/5 editorial score and broader regulation, while Libertex scores 3.9/5. IC Markets is the overall winner based on the data.
IC Markets
4.7/5
Libertex
3.9/5
Key Differences
- 1Top-tier regulation breadth: IC Markets (ASIC, CySEC, FSCA) vs Libertex (CySEC).
- 2Raw spreads: IC Markets offers 0.0 pip ECN; Libertex has no raw spread.
- 3Instrument variety: 2200 vs 250.
Who should choose IC Markets vs Libertex?
Find out which broker best suits your trader profile.
Choose IC Markets if…
Choose IC Markets if you want top-tier regulation and raw spreads with a transparent ECN model.
Choose Libertex if…
Choose Libertex if you prefer a proprietary platform and a zero-spread price model.
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 0.00 pips.
Best for safety & regulation
Recommended
IC Markets vs Libertex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.7/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 3.8 / 5 |
IC Markets vs Libertex Forex Broker Pros & Cons
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
IC Markets vs Libertex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
IC Markets
criteria wins
1
Libertex
criteria win
Highlighted rows show where the two brokers differ
| Criteria | IC Markets | Libertex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IC Markets vs Libertex: Frequently Asked Questions
IC Markets rates 4.7/5 versus 3.9/5 for Libertex. IC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both IC Markets and Libertex start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Libertex has $10, while IC Markets requires at least $200. This makes Libertex more accessible for traders with limited starting capital.
IC Markets holds top-tier regulation (ASIC, FSCA, CySEC), providing stronger investor protections. Libertex 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: Libertex requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC Markets lists maximum leverage of 500:1, while Libertex lists up to 999:1. 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 Libertex are not currently available. Check their website for up-to-date pricing.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView. Libertex has exclusive access to Proprietary Web/Mobile.
