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Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs Moneybox 2026: Which Broker is Better?

Choosing between IC Markets and Moneybox depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Moneybox operates from London, UK. IC Markets has the longer track record, established in 2007, compared to Moneybox 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

Moneybox

Higher ratedIC Markets logo

IC Markets

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

Feature

IC Markets

Moneybox

Our Rating
3.9 / 5
3.2 / 5
Min. Deposit
$200
$1
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Mobile, Proprietary Web
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Etf, Stocks
Founded
2007
2015
Headquarters
Sydney, Australia
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

Moneybox

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Stocks markets. IC Markets additionally covers Forex, Cfd, Crypto, Indices. Moneybox adds Etf.

Trading Platforms

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Moneybox offers Proprietary Mobile, Proprietary Web. Both brokers are available on Proprietary Mobile.

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Moneybox sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Moneybox at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 versus Moneybox's 3.21/5. Both brokers carry equivalent tier-1 regulation. Traders with smaller budgets may find Moneybox's lower minimum deposit of $1 more accessible. Moneybox is still a solid option for beginners starting with a smaller initial capital, but IC Markets offers a stronger overall package for the majority of traders.

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)
Moneybox

Moneybox

3.2/5

Choose Moneybox if you want…

  • No per-trade commission
  • Lower minimum deposit ($1)

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.

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Both IC Markets & Moneybox are available in

Frequently Asked Questions

1

Is IC Markets better than Moneybox?

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

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

3

What is the minimum deposit for IC Markets vs Moneybox?

IC Markets requires a minimum deposit of $200. Moneybox requires $1.

4

Which broker is safer, IC Markets or Moneybox?

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

5

What trading platforms do IC Markets and Moneybox support?

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

6

Can I use both IC Markets and Moneybox?

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

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