IC Markets vs Interactive Brokers
Interactive Brokers scores higher overall (4.7 vs 4.6), but the better choice depends on where you live and how you trade. 179 countries can open an account with both.
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IC Markets
Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC).
Interactive Brokers
The widest market access here, with low costs and top-tier regulation.
Side by side
| IC Markets | Interactive Brokers | |
|---|---|---|
| Overall score | 4.6 / 5 | 4.7 / 5 |
| Founded | 2007 | 1978 |
| Listing | Private | Nasdaq (IBKR) |
| CFDs | Yes | Yes |
| Minimum deposit | From $0 (varies by entity) | No minimum |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Trader Workstation (TWS), IBKR Desktop, Client Portal (web), IBKR Mobile, IBKR GlobalTrader |
| Main regulators | ASIC (Australia), CySEC, FSA (Seychelles) | SEC / FINRA / CFTC, FCA (UK), Central Bank of Ireland, ASIC (Australia), Top-tier regulators |
| Countries accepted | 189 of 197 | 183 of 197 |
| Best for | Cost-sensitive and algorithmic traders | Experienced investors who want access to global exchanges |
Category by category
| Category | IC Markets | Interactive Brokers |
|---|---|---|
| Regulation & safety | 4.5 | 5.0 |
| Trading costs | 4.9 | 4.7 |
| Platforms & tools | 4.8 | 4.4 |
| Range of markets | 4.4 | 5.0 |
| Ease of use | 4.3 | 3.6 |
Availability
Both brokers accept residents of 179 countries. Only IC Markets is available in 10, and only Interactive Brokers in 4. Check your country before comparing anything else: the best broker is one that will open an account for you.
Our verdict
Choose IC Markets if you are looking for cost-sensitive and algorithmic traders. Choose Interactive Brokers if you are looking for experienced investors who want access to global exchanges.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.