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Side-by-Side Comparison Independent Updated Mar 9, 2026

Bybit vs IC Markets 2026: Which Broker is Better?

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

Higher ratedBybit logo

Bybit

4.0/ 5
Visit Bybit →Full review
VS
BybitIC Markets
BrokerRank Score4.0/5 ✓3.9/5
Min. Deposit$0 ✓$200
Spread from0.1 pips0 pips ✓
Max Leverage1:1001:500 ✓
RegulationSCA, FMAASIC, CySEC
PlatformsProprietary Web, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
BybitIC Markets
Best for Low Fees
IC MarketsBybit
Best for Regulation
BybitIC Markets
Best Overall
BybitIC Markets
Quick Answer

Bybit is the better choice overall, scoring 4.0/5 vs 3.9/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Bybit vs IC Markets: Key Differences

Feature

Bybit

Winner

IC Markets

Our Rating
4.0 / 5
3.9 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$0.06/lot
$3.5/lot
Regulated By
SCAFMA
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Crypto
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2018
2007
Headquarters
Dubai, UAE
Sydney, Australia
Score
3 / 5
2 / 5

Fees Comparison

Fee

Bybit

IC Markets

Spread From
0.1 pips
0 pips
Commission
$0.06/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between Bybit and IC Markets, IC Markets emerges as the better choice for professional traders due to its extensive market offerings, ultra-low spreads from 0.0 pips, and support for popular trading platforms like MT4 and MT5. Bybit, with its intuitive interface and zero minimum deposit requirement, is more suitable for beginners, especially those focused on crypto derivatives trading. When it comes to fees, Bybit offers a competitive edge with its lower commission rates, making it an attractive option for cost-conscious traders.

Who Should Choose Which?

Bybit

Bybit

4.0/5

Top pick

Choose Bybit if you want…

  • Higher overall rating (4.0/5)
  • No minimum deposit
IC Markets

IC Markets

3.9/5

Choose IC Markets if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2007)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Bybit & IC Markets are available in

Frequently Asked Questions

1

Is Bybit better than IC Markets?

Bybit scores higher overall on our independent rating system. Bybit holds a 4.0/5 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.

2

Which has lower fees, Bybit or IC Markets?

Bybit offers spreads from 0.1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Bybit vs IC Markets?

Bybit requires a minimum deposit of $0. IC Markets requires $200.

4

Which broker is safer, Bybit or IC Markets?

Bybit is regulated by SCA, FMA, while IC Markets holds licences from ASIC, CySEC.

5

What trading platforms do Bybit and IC Markets support?

Bybit supports Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Bybit and IC Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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