IC Marketsvs
WebullStock Broker Comparison
This comparison pits IC Markets against Webull in a fee and access showdown. The axis runs from commission models to exchange coverage and trading tools.
Who should choose IC Markets vs Webull?
Find out which stock broker best suits your investing profile.
Choose if…
Choose IC Markets if you want tier-1 regulatory coverage and genuine DMA equity access via IRESS across 12 exchanges.
Choose if…
Choose Webull if you prefer commission-free trading, extended US hours, and free Level II quotes.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for low cost trading
Recommended
IC Markets vs Webull: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 4.1/ 5 |
| Min deposit | $200 | N/A |
| Spreads from | 0 pips | N/A |
| Commission / lot | $7/lot | N/A |
IC Markets vs Webull Stock Broker Pros & Cons
Pros
- 2,000+ share CFDs across US, UK, ASX, European, and Asian exchanges on MT5 and IRESS
- IRESS provides genuine DMA access to ASX and major global equity markets
- Commission-transparent pricing: USD 0.02/share on US stocks, no spread markup
- ASIC and CySEC regulated, tier-1 regulatory coverage for equity CFD trading
Cons
- CFDs only, no real share ownership, ISA wrapper, or dividend reinvestment programme
IC Markets vs Webull: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
IC Markets
criteria wins
5
Webull
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IC Markets | Webull |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Fail |
| Costs | ||
| Commission-free trading | Fail | Pass |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Pass |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Pass |
| IPO access | Fail | Pass |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
IC Markets vs Webull: Frequently Asked Questions
IC Markets and Webull share the same editorial score of 4.1/5. One concrete differentiator: platform availability and account types differ between them.
IC Markets starts from 0. Current spread data is not available for Webull. Check both brokers' websites for up-to-date spread and commission pricing.
IC Markets requires $200. Minimum deposit information is not currently available for Webull.
Both IC Markets and Webull 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, IC Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
IC Markets lists maximum leverage of 5:1, while Webull lists up to 1:4. 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 trade on commission-based accounts. Commission details for Webull are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
IC Markets supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while Webull supports Webull. IC Markets has exclusive access to TradingView and cTrader and MetaTrader 4 and MetaTrader 5. Webull has exclusive access to Webull.
Webull offers commission-free stock trading while IC Markets does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
IC Markets scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
