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

IC Markets vs CIMB Securities 2026: Which Broker is Better?

Choosing between IC Markets and CIMB Securities depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while CIMB Securities operates from Kuala Lumpur, Malaysia. CIMB Securities has the longer track record, established in 1978, compared to IC Markets which was founded in 2007. 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

CIMB Securities

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsCIMB Securities
BrokerRank Score3.9/5 ✓3.4/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationASIC, CySECSC, MAS
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile, iTrade
Quick VerdictBrokerRank recommends
Best for Beginners
CIMB SecuritiesIC Markets
Best for Low Fees
IC MarketsCIMB Securities
Best for Regulation
IC MarketsCIMB Securities
Best Overall
IC MarketsCIMB Securities
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs CIMB Securities: Key Differences

Feature

IC Markets

CIMB Securities

Our Rating
3.9 / 5
3.4 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.1/lot
Regulated By
SCMAS
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile, iTrade
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Etf, Indices, Forex
Founded
2007
1978
Headquarters
Sydney, Australia
Kuala Lumpur, Malaysia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

CIMB Securities

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.1/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

IC Markets holds licences from ASIC, CySEC. CIMB Securities is regulated by MAS, SC.

Markets & Assets

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

Trading Platforms

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. CIMB Securities offers Proprietary Web, Proprietary Mobile, iTrade. Both brokers are available on Proprietary Mobile.

Minimum Deposit

IC Markets requires a minimum deposit of $200, while CIMB Securities sets no minimum deposit. This makes CIMB Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and CIMB Securities at 3.29/5, 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 CIMB Securities's 3.29/5. Both brokers carry equivalent tier-1 regulation. Traders with smaller budgets may find CIMB Securities's lower minimum deposit of $0 more accessible. CIMB Securities 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 platforms (4 supported)
CIMB Securities

CIMB Securities

3.4/5

Choose CIMB Securities if you want…

  • No minimum deposit
  • More established (est. 1978)

Also consider

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80% of retail CFD accounts lose money.

Both IC Markets & CIMB Securities are available in

Frequently Asked Questions

1

Is IC Markets better than CIMB Securities?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs CIMB Securities's 3.4/5. 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 CIMB Securities?

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

3

What is the minimum deposit for IC Markets vs CIMB Securities?

IC Markets requires a minimum deposit of $200. CIMB Securities requires $0.

4

Which broker is safer, IC Markets or CIMB Securities?

IC Markets is regulated by ASIC, CySEC, while CIMB Securities holds licences from SC, MAS.

5

What trading platforms do IC Markets and CIMB Securities support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. CIMB Securities supports Proprietary Web, Proprietary Mobile, iTrade.

6

Can I use both IC Markets and CIMB Securities?

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

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