IC Markets vs Futu (Moomoo) 2026: Which Broker is Better?
Choosing between IC Markets and Futu (Moomoo) depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Futu (Moomoo) operates from Hong Kong, China. IC Markets has the longer track record, established in 2007, compared to Futu (Moomoo) which was founded in 2012. 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
Futu (Moomoo)
| IC Markets | Futu (Moomoo) | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.7/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, CySEC | SFC, SEC, MAS ✓ |
| Platforms | MT4, MT5, TradingView | Moomoo, Futu NiuNiu |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets vs Futu (Moomoo): Key Differences
IC Markets
Futu (Moomoo)
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Fees Comparison
IC Markets
Futu (Moomoo)
Lower feesRegulation & Trust
IC Markets holds licences from ASIC, CySEC. Futu (Moomoo) is regulated by SEC, MAS, SFC.
Markets & Assets
Both brokers offer access to Crypto, Stocks markets. IC Markets additionally covers Forex, Cfd, Indices. Futu (Moomoo) adds Etf, Options, Futures.
Trading Platforms
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Futu (Moomoo) offers Moomoo, Futu NiuNiu.
Minimum Deposit
IC Markets requires a minimum deposit of $200, while Futu (Moomoo) sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
Overall Ratings
BrokerRank scores IC Markets at 3.87/5 and Futu (Moomoo) at 3.72/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
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)
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- No per-trade commission
- No minimum deposit
- More regulatory licences (3)
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 IC Markets & Futu (Moomoo) are available in
Frequently Asked Questions
1Is IC Markets better than Futu (Moomoo)?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Futu (Moomoo)'s 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IC Markets or Futu (Moomoo)?
IC Markets offers spreads from 0 pips, while Futu (Moomoo) starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs Futu (Moomoo)?
IC Markets requires a minimum deposit of $200. Futu (Moomoo) requires $0.
4Which broker is safer, IC Markets or Futu (Moomoo)?
IC Markets is regulated by ASIC, CySEC, while Futu (Moomoo) holds licences from SFC, SEC, MAS.
5What trading platforms do IC Markets and Futu (Moomoo) support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Futu (Moomoo) supports Moomoo, Futu NiuNiu.
6Can I use both IC Markets and Futu (Moomoo)?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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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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