IC Markets
MEXC
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this broker comparison, we examine IC Markets and MEXC, highlighting their key differences and trader appeal. IC Markets, established in 2007 and regulated by ASIC and CySEC, is renowned for its ultra-low spreads and comprehensive market offerings, making it suitable for forex and CFD traders seeking fast execution and robust platform options like MT4, MT5, and TradingView. Conversely, MEXC, founded in 2018 and regulated by the FSA, caters predominantly to cryptocurrency enthusiasts with its extensive altcoin selection and zero maker fees, appealing to traders interested in high-leverage futures and a broad range of crypto assets. While IC Markets demands a higher minimum deposit, MEXC offers accessibility with no initial deposit requirement, albeit with a weaker regulatory framework.
IC Markets
MEXC
| IC Markets | MEXC | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.0/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
MEXC
IC Markets
MEXC
Lower fees
IC Markets
3.9/5
Choose IC Markets if you want…
MEXC
3.0/5
Choose MEXC if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs MEXC's 3.0/5. 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 MEXC starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. MEXC requires $0.
IC Markets is regulated by ASIC, CySEC, while MEXC holds licences from FSA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. MEXC supports Proprietary Web, 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.