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

IC Markets vs Moomoo 2026: Which Broker is Better?

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

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsMoomoo
BrokerRank Score3.9/5 ✓3.7/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:4
RegulationASIC, CySECSEC, ASIC, MAS ✓
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
MoomooIC Markets
Best for Low Fees
IC MarketsMoomoo
Best for Regulation
MoomooIC Markets
Best Overall
IC MarketsMoomoo
Quick Answer

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 below

IC Markets vs Moomoo: Key Differences

Feature

IC Markets

Moomoo

Winner
Our Rating
3.9 / 5
3.7 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Indices
Founded
2007
2018
Headquarters
Sydney, Australia
Palo Alto, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

IC Markets

Moomoo

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

BrokerRank Verdict

For beginners, Moomoo is the better choice due to its commission-free trading, zero minimum deposit requirement, and robust community features that aid learning. Professional traders may prefer IC Markets, given its ultra-low spreads, fast execution, and support for advanced platforms like MT4 and MT5. In terms of fees, Moomoo takes the lead with its commission-free trading model, particularly for US stocks, making it more cost-effective for equity 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 market types (6)
  • More established (est. 2007)
Moomoo

Moomoo

3.7/5

Choose Moomoo if you want…

  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (3)

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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4.1
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4.0
MAS
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both IC Markets & Moomoo are available in

Frequently Asked Questions

1

Is IC Markets better than Moomoo?

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.

2

Which has lower fees, IC Markets or Moomoo?

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

3

What is the minimum deposit for IC Markets vs Moomoo?

IC Markets requires a minimum deposit of $200. Moomoo requires $0.

4

Which broker is safer, IC Markets or Moomoo?

IC Markets is regulated by ASIC, CySEC, while Moomoo holds licences from SEC, ASIC, MAS.

5

What trading platforms do IC Markets and Moomoo support?

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

6

Can I use both IC Markets and Moomoo?

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

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