E*TRADE vs IC Markets 2026: Which Broker is Better?
In this comparison of E*TRADE and IC Markets, we examine two brokers catering to distinct trader profiles. E*TRADE, with a rating of 3.6/5, appeals primarily to US-based investors interested in zero-commission stock and ETF trading, offering a robust platform for options trading but lacking in forex and CFD markets. Conversely, IC Markets, rated 3.87/5, is ideal for global forex and CFD traders seeking ultra-low spreads and high leverage, supported by popular platforms like MT4 and MT5, albeit with a $200 minimum deposit requirement. Each broker presents unique advantages, making them suitable for different trading strategies and preferences.
E*TRADE
IC Markets
| E*TRADE | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | SEC, CFTC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE vs IC Markets: Key Differences
E*TRADE
WinnerIC Markets
Still deciding between E*TRADE and IC Markets?
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Fees Comparison
E*TRADE
Lower feesIC Markets
BrokerRank Verdict
Who Should Choose Which?
E*TRADE
3.6/5
Choose E*TRADE if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1982)
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
Also consider
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.
Frequently Asked Questions
1Is E*TRADE better than IC Markets?
IC Markets scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 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.
2Which has lower fees, E*TRADE or IC Markets?
E*TRADE offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for E*TRADE vs IC Markets?
E*TRADE requires a minimum deposit of $0. IC Markets requires $200.
4Which broker is safer, E*TRADE or IC Markets?
E*TRADE is regulated by SEC, CFTC, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do E*TRADE and IC Markets support?
E*TRADE supports Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both E*TRADE 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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76% of Brokers Use Proprietary Platforms
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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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