In this article, we have grouped together the best alternatives to IC Markets.

Here you can find brokers that are similar to IC Markets, or Forex brokers that offer different services instead.

What are the best alternative brokers and platforms to IC Markets?

The best alternatives to IC Markets include similar brokers that are listed below:

  1. Pepperstone
  2. eToro
  3. XM
  4. IG Markets
  5. Vantage
  6. FP Markets
  7. AvaTrade
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, SCB (Bahamas)
Minimum Deposit:
Open Account
51% of retail CFD accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore, FSA (Seychelles)
Minimum Deposit: 50
Open Account
72,82% of retail investor accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: MIFID-ESMA, ASIC, CYSEC, Offshore
Minimum Deposit: 5
Open Account
70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Platforms: Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSCA, DFSA, BMA (Bermuda)
Minimum Deposit: 300
Open Account
74-89% of retail CFD accounts lose money
Platforms: ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, VFSC (Vanuatu), CIMA (Cayman Islands)
Minimum Deposit: 200
Open Account
74-89% of retail CFD accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, MAC Platforms
Regulations: MIFID-ESMA, ASIC, FSCA, CYSEC
Minimum Deposit: 100
Open Account
76% of retail investor accounts lose money
Platforms: Mirror Trader, ZuluTrade, MT4 Web, MT5 Web, Proprietary Web Platform, MAC Platforms
Regulations: FSA, MIFID-ESMA, ASIC, CIRO, FSCA, BVI (British Virgin Islands)
Minimum Deposit: 100

What is the most similar broker to IC Markets?

The most similar broker to IC Markets is Pepperstone.

Both IC Markets and Pepperstone are renowned for focusing on providing fast-execution CFD/forex trading across a variety of markets, including Forex.

They both feature competitive pricing structures, with spreads starting from 0 pips and an additional round-turn commission that is slightly different between the two: from $6/lot at IC Markets and from $7/lot at Pepperstone.

Moreover, both Pepperstone and IC Markets cater specifically to the needs of algo traders and scalpers, and offer popular trading platforms like MT4, MT5, and cTrader.

For a deeper understanding of both brokers, read our Pepperstone review and our IC Markets review.

What are the best alternatives to IC Markets by category?

You can find other brokers similar to IC Markets according to a specific feature.

Some specific features of IC Markets and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from IC Markets?

IC Markets does not provide some services or does not have some characteristics that other brokers have.

The features that IC Markets does not have and rankings of the best brokers that have that feature are listed below: