Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this broker comparison, we analyse IC Markets and Moneta Markets, highlighting their key differences and trader appeal. IC Markets, established in 2007 and headquartered in Sydney, is known for its ultra-low spreads and fast execution, catering to experienced traders seeking a wide range of platforms like MT4, MT5, and TradingView. On the other hand, Moneta Markets, founded in 2019 and based in the Cayman Islands, offers high leverage up to 1:1000 and a lower minimum deposit, making it appealing to budget-conscious traders looking for flexibility and diverse trading options. Both brokers provide competitive spreads starting from 0 pips, but IC Markets is more suited for traders who prioritise regulatory assurance, while Moneta Markets attracts those interested in higher leverage possibilities.
IC Markets
Moneta Markets
| IC Markets | Moneta Markets | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.5/5 |
| Min. Deposit | $200 ✓ | $50 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:1000 ✓ |
| Regulation | ASIC, CySEC | ASIC, FSCA |
| Platforms | MT4, MT5, TradingView | MT4, MT5, Proprietary Web |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
Moneta Markets
WinnerIC Markets
Moneta Markets
Lower feesIC Markets
3.9/5
Choose IC Markets if you want…
Moneta Markets
3.5/5
Choose Moneta Markets if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Moneta Markets's 3.5/5. 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 Moneta Markets starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Moneta Markets requires $50.
IC Markets is regulated by ASIC, CySEC, while Moneta Markets holds licences from ASIC, FSCA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Moneta Markets supports MT4, MT5, Proprietary Web.
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.