IC Marketsvs
Markets.comForex Broker Comparison
Two well-regulated brokers square off on pricing models and platform ecosystems. The tension revolves around cost clarity, execution, and regulatory protection.
Who should choose IC Markets vs Markets.com?
Find out which broker best suits your trader profile.
Choose if…
Choose IC Markets for true ECN pricing with 0.0 pip spreads. You also access MT4, MT5, and cTrader.
Choose if…
Choose Markets.com if you want a proprietary platform alongside MT4/MT5. You also benefit from a $25 minimum deposit.
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
Recommended
IC Markets vs Markets.com: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.7/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 5 |
IC Markets vs Markets.com 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 Markets.com: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
IC Markets
criteria win
1
Markets.com
criteria win
Highlighted rows show where the two brokers differ
| Criteria | IC Markets | Markets.com |
|---|---|---|
| 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 | Pass | Fail |
| 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 | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IC Markets vs Markets.com: Frequently Asked Questions
IC Markets rates 4.7/5 versus 4/5 for Markets.com. 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 Markets.com's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Markets.com has $25, while IC Markets requires at least $200. This makes Markets.com more accessible for traders with limited starting capital.
Both IC Markets and Markets.com 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: Markets.com 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.
IC Markets lists maximum leverage of 500:1, while Markets.com lists up to 30:1. 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 Markets.com are not currently available. Check their website for up-to-date pricing.
IC Markets supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while Markets.com supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. IC Markets has exclusive access to TradingView and cTrader. Markets.com has exclusive access to Proprietary Web/Mobile.
