Bybit
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
When comparing Bybit and IC Markets, traders will find distinct offerings tailored to different needs. Bybit, with a rating of 3.05/5, is ideal for those focused on cryptocurrency derivatives trading, offering up to 100x leverage and a user-friendly interface. In contrast, IC Markets, rated 3.87/5, appeals to traders seeking a broader range of financial instruments, featuring ultra-low spreads and fast execution across forex, CFDs, and more, supported by popular platforms like MT4 and MT5. While Bybit excels in crypto derivatives, IC Markets provides a comprehensive trading environment for those interested in diverse asset classes.
Bybit
IC Markets
| Bybit | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:100 | 1:500 ✓ |
| Regulation | FSA | ASIC, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowBybit
IC Markets
WinnerBybit
IC Markets
Bybit
3.0/5
Choose Bybit if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. Bybit holds a 3.0/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Bybit offers spreads from 0.1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
Bybit requires a minimum deposit of $0. IC Markets requires $200.
Bybit is regulated by FSA, while IC Markets holds licences from ASIC, CySEC.
Bybit supports Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.