No broker is perfect, and IC Markets is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to IC Markets :

Whatever your reason, we’ve got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best IC Markets alternatives.

Top alternative : Pepperstone

A popular alternative to IC Markets is Pepperstone, a brokerage regulated by ASIC and over 8 years in business. Another strong alternative is IG, which is regulated by Financial Conduct Authority and ASIC.

Here are some of the key reasons why traders choose Pepperstone and IG over IC Markets :

IC Markets Pepperstone IG
Trust Score AAA AAA AAA
Regulator ASIC Financial Conduct Authority, CySEC, SCB, DFSA , BaFin, CMA and ASIC Financial Conduct Authority and ASIC
Min. Deposit 200 200 1
Min. Trade 0.01 Lot 0.01 Lot £1
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

If you want to read more about Pepperstone, we’ve put together an in-depth Pepperstone review that explores their platform, spreads, and trading conditions in more detail.

Visit Pepperstone

If Pepperstone isn’t quite right, we’ve also listed ten suitable IC Markets alternatives below. You can click between the different instruments to compare each broker’s spreads for that instrument.

Risk warning: CFDs are leveraged products and 73% of retail traders lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Spread Comparison for the 10 IC Markets Alternatives