IC Markets
Deriv
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
Choosing between IC Markets and Deriv depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Deriv operates from Limassol, Cyprus. Deriv has the longer track record, established in 1999, 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
Deriv
| IC Markets | Deriv | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $200 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | ASIC, CySEC | FCA, MAS |
| Platforms | MT4, MT5, TradingView | MT5, Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.8/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
Deriv
WinnerIC Markets
Deriv
IC Markets holds licences from ASIC, CySEC. Deriv is regulated by FCA, MAS.
Both brokers offer access to Forex, Cfd, Crypto, Indices markets. IC Markets additionally covers Stocks. Deriv adds Commodities.
On spreads, IC Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at Deriv.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Deriv offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on MT5, Proprietary Mobile.
IC Markets requires a minimum deposit of $200, while Deriv sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.
BrokerRank scores IC Markets at 3.87/5 and Deriv at 3.77/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.
IC Markets
3.9/5
Choose IC Markets if you want…
Deriv
3.8/5
Choose Deriv if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Deriv's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
IC Markets offers spreads from 0 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Deriv requires $5.
IC Markets is regulated by ASIC, CySEC, while Deriv holds licences from FCA, MAS.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Deriv supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.