IC Markets vs M1 Finance 2026: Which Broker is Better?
Choosing between IC Markets and M1 Finance depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while M1 Finance operates from Chicago, USA. IC Markets has the longer track record, established in 2007, compared to M1 Finance which was founded in 2015. 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
M1 Finance
| IC Markets | M1 Finance | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.2/5 |
| Min. Deposit | $200 | $100 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:2 |
| Regulation | ASIC, CySEC ✓ | SEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
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 belowIC Markets vs M1 Finance: Key Differences
IC Markets
M1 Finance
Still deciding between IC Markets and M1 Finance?
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Fees Comparison
IC Markets
M1 Finance
Lower feesRegulation & Trust
IC Markets holds licences from ASIC, CySEC. M1 Finance is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. IC Markets additionally covers Forex, Cfd, Crypto.
Trading Platforms
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. M1 Finance offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
IC Markets requires a minimum deposit of $200, while M1 Finance sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IC Markets at 3.87/5 and M1 Finance at 3.20/5, 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 regulatory licences (2)
- More market types (6)
M1 Finance
3.2/5
Choose M1 Finance if you want…
- No per-trade commission
- Lower minimum deposit ($100)
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 & M1 Finance are available in
Frequently Asked Questions
1Is IC Markets better than M1 Finance?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs M1 Finance's 3.2/5. 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 M1 Finance?
IC Markets offers spreads from 0 pips, while M1 Finance starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs M1 Finance?
IC Markets requires a minimum deposit of $200. M1 Finance requires $100.
4Which broker is safer, IC Markets or M1 Finance?
IC Markets is regulated by ASIC, CySEC, while M1 Finance holds licences from SEC.
5What trading platforms do IC Markets and M1 Finance support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. M1 Finance supports Proprietary Web, Proprietary Mobile.
6Can I use both IC Markets and M1 Finance?
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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