Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs InvestEngine 2026: Which Broker is Better?

In this comparison of IC Markets and InvestEngine, we explore two distinct brokerage options catering to different trader needs. IC Markets, with its ultra-low spreads and fast execution, appeals to active traders seeking a comprehensive range of markets including forex, CFDs, and cryptocurrencies. In contrast, InvestEngine targets UK-based investors interested in commission-free ETF investing and managed portfolios, offering a user-friendly platform ideal for those focused on long-term investments. The key difference lies in their market offerings and target audience, with IC Markets suiting high-frequency traders and InvestEngine attracting passive investors.

IC Markets

InvestEngine

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsInvestEngine
BrokerRank Score3.9/5 ✓3.2/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySEC ✓FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
InvestEngineIC Markets
Best for Low Fees
IC MarketsInvestEngine
Best for Regulation
IC MarketsInvestEngine
Best Overall
IC MarketsInvestEngine
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs InvestEngine: Key Differences

Feature

IC Markets

InvestEngine

Our Rating
3.9 / 5
3.2 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks
Founded
2007
2019
Headquarters
Sydney, Australia
London, UK
Score
2 / 4
2 / 4

Still deciding between IC Markets and InvestEngine?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

IC Markets

InvestEngine

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

BrokerRank Verdict

For beginners, InvestEngine is the better choice due to its commission-free ETF investing, zero minimum deposit requirement, and user-friendly proprietary platform. Professional traders may prefer IC Markets, which offers a broader range of markets, ultra-low spreads starting from 0.0 pips, and advanced platforms like MT4 and MT5. When it comes to fees, InvestEngine wins with its zero-commission structure, though it is limited to ETF investing.

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 regulatory licences (2)
  • More market types (6)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • No per-trade commission
  • No minimum deposit

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both IC Markets & InvestEngine are available in

Frequently Asked Questions

1

Is IC Markets better than InvestEngine?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs InvestEngine's 3.2/5. 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 InvestEngine?

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

3

What is the minimum deposit for IC Markets vs InvestEngine?

IC Markets requires a minimum deposit of $200. InvestEngine requires $0.

4

Which broker is safer, IC Markets or InvestEngine?

IC Markets is regulated by ASIC, CySEC, while InvestEngine holds licences from FCA.

5

What trading platforms do IC Markets and InvestEngine support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. InvestEngine supports Proprietary Web, Proprietary Mobile.

6

Can I use both IC Markets and InvestEngine?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply