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Side-by-Side Comparison Independent Updated Oct 2, 2026

Coinbase vs IC Markets 2026: Which Broker is Better?

In this comprehensive comparison of Coinbase and IC Markets, we explore the distinct offerings of these two prominent brokers. Coinbase, with a rating of 3.36/5, primarily appeals to cryptocurrency enthusiasts and beginners seeking a user-friendly interface and robust regulatory oversight. In contrast, IC Markets, rated 3.87/5, targets experienced traders who prefer a broader range of markets, including forex and CFDs, alongside ultra-low spreads and advanced trading platforms like MT4 and MT5. The key difference lies in their specialisations: Coinbase focuses on crypto trading with a straightforward approach, while IC Markets offers a diverse multi-asset trading environment with competitive conditions.

Coinbase

IC Markets

Higher ratedCoinbase logo

Coinbase

4.3/ 5
Visit Coinbase →Full review
VS
CoinbaseIC Markets
BrokerRank Score4.3/5 ✓3.9/5
Min. Deposit$0 ✓$200
Spread from0.5 pips0 pips ✓
Max Leverage1:11:500 ✓
RegulationFCA, SECASIC, CySEC
PlatformsProprietary Web, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
CoinbaseIC Markets
Best for Low Fees
IC MarketsCoinbase
Best for Regulation
CoinbaseIC Markets
Best Overall
CoinbaseIC Markets
Quick Answer

Coinbase is the better choice overall, scoring 4.3/5 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

Coinbase vs IC Markets: Key Differences

Feature

Coinbase

Winner

IC Markets

Our Rating
4.3 / 5
3.9 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0.5 pips
0 pips
Commission
$0.6/lot
$3.5/lot
Regulated By
FCASEC
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Crypto
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2012
2007
Headquarters
San Francisco, USA
Sydney, Australia
Score
4 / 5
1 / 5

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Fees Comparison

Fee

Coinbase

IC Markets

Spread From
0.5 pips
0 pips
Commission
$0.6/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Coinbase is more suited for beginners due to its user-friendly interface and reputation as a trusted and regulated crypto exchange. In contrast, IC Markets is better for professional traders, offering ultra-low spreads, fast execution, and support for popular platforms like MT4 and MT5. When it comes to fees, IC Markets has the edge with lower spreads starting from 0 pips and a competitive commission structure compared to Coinbase's higher fees on its basic platform.

Who Should Choose Which?

Coinbase

Coinbase

4.3/5

Top pick

Choose Coinbase if you want…

  • Higher overall rating (4.3/5)
  • 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.

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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Coinbase & IC Markets are available in

Frequently Asked Questions

1

Is Coinbase better than IC Markets?

Coinbase scores higher overall on our independent rating system. Coinbase holds a 4.3/5 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, Coinbase or IC Markets?

Coinbase offers spreads from 0.5 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Coinbase vs IC Markets?

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

4

Which broker is safer, Coinbase or IC Markets?

Coinbase is regulated by FCA, SEC, while IC Markets holds licences from ASIC, CySEC.

5

What trading platforms do Coinbase and IC Markets support?

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

6

Can I use both Coinbase 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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