Futu (Moomoo) vs IC Markets 2026: Which Broker is Better?
In this broker comparison, we examine Futu (Moomoo) and IC Markets, two distinct platforms catering to different trading needs. Futu (Moomoo) appeals to investors interested in commission-free US stock trading and social trading features, making it ideal for retail traders seeking community engagement and a broad range of asset classes. Conversely, IC Markets is tailored for forex and CFD traders who prioritise ultra-low spreads and fast execution speeds, benefiting from the use of popular platforms like MT4 and MT5. Both brokers offer unique advantages, but their services and target audiences differ significantly.
Futu (Moomoo)
IC Markets
| Futu (Moomoo) | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SFC, SEC, MAS ✓ | ASIC, CySEC |
| Platforms | Moomoo, Futu NiuNiu | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Futu (Moomoo) offers lower spreads (0 pips).
See full side-by-side comparison belowFutu (Moomoo) vs IC Markets: Key Differences
Futu (Moomoo)
WinnerIC Markets
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Fees Comparison
Futu (Moomoo)
Lower feesIC Markets
BrokerRank Verdict
Who Should Choose Which?
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- No per-trade commission
- No minimum deposit
- More regulatory licences (3)
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 established (est. 2007)
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.
Both Futu (Moomoo) & IC Markets are available in
Frequently Asked Questions
1Is Futu (Moomoo) better than IC Markets?
IC Markets scores higher overall on our independent rating system. Futu (Moomoo) holds a 3.7/5 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, Futu (Moomoo) or IC Markets?
Futu (Moomoo) 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 Futu (Moomoo) vs IC Markets?
Futu (Moomoo) requires a minimum deposit of $0. IC Markets requires $200.
4Which broker is safer, Futu (Moomoo) or IC Markets?
Futu (Moomoo) is regulated by SFC, SEC, MAS, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do Futu (Moomoo) and IC Markets support?
Futu (Moomoo) supports Moomoo, Futu NiuNiu. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both Futu (Moomoo) 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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