IC Markets
InstaForex
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
IC Markets and InstaForex are both established brokers since 2007, but they cater to different types of traders. IC Markets, based in Sydney and regulated by ASIC and CySEC, is ideal for traders seeking ultra-low spreads and fast execution, appealing primarily to experienced traders who value precision and regulatory assurance. In contrast, InstaForex, headquartered in Kaliningrad and regulated by CySEC and FSA, attracts beginners with its low minimum deposit requirement and extensive range of trading instruments, but it comes with trust concerns due to its Russian affiliation and less robust regulatory oversight. This comparison will help traders discern which broker aligns best with their trading preferences and risk tolerance.
IC Markets
InstaForex
| IC Markets | InstaForex | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $200 | $1 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | ASIC, CySEC | CySEC, FSA |
| Platforms | MT4, MT5, TradingView | MT4, MT5, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
InstaForex
IC Markets
InstaForex
Lower fees
IC Markets
3.9/5
Choose IC Markets if you want…
InstaForex
3.6/5
Choose InstaForex if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs InstaForex's 3.6/5. 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 InstaForex starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. InstaForex requires $1.
IC Markets is regulated by ASIC, CySEC, while InstaForex holds licences from CySEC, FSA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. InstaForex supports MT4, MT5, 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.