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

IC Markets vs Chipper Cash 2026: Which Broker is Better?

Choosing between IC Markets and Chipper Cash depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Chipper Cash operates from San Francisco, USA. IC Markets has the longer track record, established in 2007, compared to Chipper Cash which was founded in 2018. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

IC Markets

Chipper Cash

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsChipper Cash
BrokerRank Score3.9/5 ✓3.3/5
Min. Deposit$200$1 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySECFCA, BoG
PlatformsMT4, MT5, TradingViewProprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Chipper CashIC Markets
Best for Low Fees
IC MarketsChipper Cash
Best for Regulation
IC MarketsChipper Cash
Best Overall
IC MarketsChipper Cash
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs Chipper Cash: Key Differences

Feature

IC Markets

Chipper Cash

Our Rating
3.9 / 5
3.3 / 5
Min. Deposit
$200
$1
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
FCABoG
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Etf, Crypto
Founded
2007
2018
Headquarters
Sydney, Australia
San Francisco, USA
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

Chipper Cash

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

Regulation & Trust

IC Markets holds licences from ASIC, CySEC. Chipper Cash is regulated by FCA, BoG.

Markets & Assets

Both brokers offer access to Crypto, Stocks markets. IC Markets additionally covers Forex, Cfd, Indices. Chipper Cash adds Etf.

Trading Platforms

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Chipper Cash offers Proprietary Mobile. Both brokers are available on Proprietary Mobile.

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Chipper Cash sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Chipper Cash at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 versus Chipper Cash's 3.19/5. Both brokers carry equivalent tier-1 regulation. Traders with smaller budgets may find Chipper Cash's lower minimum deposit of $1 more accessible. Chipper Cash is still a solid option for beginners starting with a smaller initial capital, but IC Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

IC Markets

IC Markets

3.9/5

Top pick

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)
Chipper Cash

Chipper Cash

3.3/5

Choose Chipper Cash if you want…

  • No per-trade commission
  • Lower minimum deposit ($1)

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80% of retail CFD accounts lose money.

Both IC Markets & Chipper Cash are available in

Frequently Asked Questions

1

Is IC Markets better than Chipper Cash?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Chipper Cash's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IC Markets or Chipper Cash?

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

3

What is the minimum deposit for IC Markets vs Chipper Cash?

IC Markets requires a minimum deposit of $200. Chipper Cash requires $1.

4

Which broker is safer, IC Markets or Chipper Cash?

IC Markets is regulated by ASIC, CySEC, while Chipper Cash holds licences from FCA, BoG.

5

What trading platforms do IC Markets and Chipper Cash support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Chipper Cash supports Proprietary Mobile.

6

Can I use both IC Markets and Chipper Cash?

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

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