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Side-by-Side Comparison Independent Updated Oct 11, 2026

CM Trading vs IC Markets 2026: Which Broker is Better?

Compare CM Trading and IC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

CM Trading

IC Markets

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
CM TradingIC Markets
BrokerRank Score3.0/53.9/5 ✓
Min. Deposit$250$200 ✓
Spread from1 pips0 pips ✓
Max Leverage1:2001:500 ✓
RegulationFSCAASIC, CySEC ✓
PlatformsMT4, Proprietary WebMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
IC MarketsCM Trading
Best for Low Fees
IC MarketsCM Trading
Best for Regulation
IC MarketsCM Trading
Best Overall
IC MarketsCM Trading
Quick Answer

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 below

CM Trading vs IC Markets: Key Differences

Feature

CM Trading

IC Markets

Winner
Our Rating
3.0 / 5
3.9 / 5
Min. Deposit
$250
$200
Max Leverage
Spread From
1 pips
0 pips
Commission
None
$3.5/lot
Regulated By
Platforms
MT4, Proprietary Web
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto, Stocks
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2012
2007
Headquarters
Johannesburg, South Africa
Sydney, Australia
Score
1 / 5
4 / 5

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Fees Comparison

Fee

CM Trading

IC Markets

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

BrokerRank Verdict

CM Trading scores 2.98/5 while IC Markets scores 3.87/5 in our independent rating.

IC Markets edges ahead overall, but CM Trading may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

CM Trading

CM Trading

3.0/5

Choose CM Trading if you want…

  • No per-trade commission
IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • Tighter spreads (from 0 pips)
  • Lower minimum deposit ($200)
  • Higher leverage (up to 1:500)

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
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both CM Trading & IC Markets are available in

Frequently Asked Questions

1

Is CM Trading better than IC Markets?

IC Markets scores higher overall on our independent rating system. CM Trading 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.

2

Which has lower fees, CM Trading or IC Markets?

CM Trading offers spreads from 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 CM Trading vs IC Markets?

CM Trading requires a minimum deposit of $250. IC Markets requires $200.

4

Which broker is safer, CM Trading or IC Markets?

CM Trading is regulated by FSCA, while IC Markets holds licences from ASIC, CySEC.

5

What trading platforms do CM Trading and IC Markets support?

CM Trading supports MT4, Proprietary Web. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both CM Trading and IC Markets?

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

Key Trading Terms

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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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