IC Markets
Moomoo
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In the realm of online trading, IC Markets and Moomoo present distinct offerings tailored to different trader profiles. IC Markets, established in 2007 and regulated by ASIC and CySEC, appeals to seasoned traders seeking ultra-low spreads and fast execution across a wide range of markets, including forex, CFDs, and cryptocurrencies. In contrast, Moomoo, founded in 2018 and regulated by the SEC, ASIC, and MAS, caters to stock traders, particularly those interested in commission-free trading in the US and advanced charting features. While IC Markets provides robust support for MT4, MT5, and TradingView, Moomoo focuses on its proprietary platforms, making it ideal for traders seeking a user-friendly interface and strong community features.
IC Markets
Moomoo
| IC Markets | Moomoo | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.7/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | ASIC, CySEC | SEC, ASIC, MAS ✓ |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
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
Moomoo
WinnerIC Markets
Moomoo
Lower fees
IC Markets
3.9/5
Choose IC Markets if you want…
Moomoo
3.7/5
Choose Moomoo if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Moomoo'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 Moomoo starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Moomoo requires $0.
IC Markets is regulated by ASIC, CySEC, while Moomoo holds licences from SEC, ASIC, MAS.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Moomoo 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.