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IC Markets vs Interactive Brokers

By · Facts re-checked (UTC)

Here is how IC Markets and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

IC MarketsInteractive Brokers
RegulatorsFSA SeychellesFCA, CBI, ASIC
Minimum depositUSD 200 (or currency equivalent)No account minimum
Spreads fromfrom 0.0 pips (Raw Spread)–
Commission–0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I
PlatformsMT4, MT5, cTrader, TradingViewTrader Workstation (TWS), IBKR Mobile, Client Portal
Retail accounts losing money73.46%59.7%

Full reviews: IC Markets review · Interactive Brokers review

Frequently asked questions

What is the minimum deposit at IC Markets and Interactive Brokers?

IC Markets: USD 200 (or currency equivalent). Interactive Brokers: No account minimum.

Are IC Markets and Interactive Brokers regulated?

IC Markets: FSA Seychelles. Interactive Brokers: FCA, CBI, ASIC.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more