Higher Rated
IC Markets
Capital at risk · T&Cs apply
IC Markets and Libertex are two well-established brokers in the trading industry, each catering to different types of traders with their distinct offerings. IC Markets, based in Sydney, is renowned for its ultra-low spreads and fast execution, appealing to high-frequency and professional traders seeking robust trading conditions on platforms like MT4, MT5, and TradingView. On the other hand, Libertex, headquartered in Cyprus, offers zero-spread trading with a commission-based model, making it attractive to beginner and cost-conscious traders who prefer a lower minimum deposit and intuitive proprietary platforms. The key difference lies in IC Markets' focus on providing competitive spreads and high leverage, while Libertex emphasises simplicity and accessibility with its low entry barrier and proprietary platform.
IC Markets
Libertex
| IC Markets | Libertex | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.7/5 |
| Min. Deposit | $200 | $10 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:999 ✓ |
| Regulation | ASIC, CySEC ✓ | CySEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MT4 |
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
Libertex
IC Markets
Libertex
Lower feesIC Markets
3.9/5
Choose IC Markets if you want…
Libertex
3.7/5
Choose Libertex if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Libertex's 3.7/5. 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 Libertex starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Libertex requires $10.
IC Markets is regulated by ASIC, CySEC, while Libertex holds licences from CySEC.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Libertex supports Proprietary Web, Proprietary Mobile, MT4, MT5.
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.