Compare

IC Markets vs Interactive Brokers

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

IC Markets rating

4.7

Interactive Brokers rating

4.5

Score gap

13 pts

Matchup

Head to head

Winners by category

Pricing & spreads

IC Markets leads— Edge for IC Markets (102.4 vs 87.0).

Regulation breadth

Interactive Brokers leads— Edge for Interactive Brokers (80.0 vs 76.5).

User experience

Tie— Too close to call on available data.

Editorial composite

IC Markets leads— Edge for IC Markets (107.1 vs 93.5).

Full comparison table

Rating

IC Markets

4.7

Interactive Brokers

4.5

Model score

IC Markets

Interactive Brokers

Regulation

IC Markets

ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)

Interactive Brokers

Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan).

Spreads

IC Markets

Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.

Interactive Brokers

Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices.

Fees

IC Markets

Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.

Interactive Brokers

Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn).

Platforms

IC Markets

MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader

Interactive Brokers

ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting.

Account types

IC Markets

Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo

Interactive Brokers

Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing).

Min deposit

IC Markets

$0 (Recommended starting deposit: $200)

Interactive Brokers

$0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000).

Topic	IC Markets	Interactive Brokers
Rating	4.7	4.5
Model score	93	80
Regulation	ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)	Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan).
Spreads	Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.	Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices.
Fees	Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.	Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn).
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader	ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting.
Account types	Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo	Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing).
Min deposit	$0 (Recommended starting deposit: $200)	$0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000).