Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this comparison, we examine IC Markets and OKX, two brokers catering to different trading needs. IC Markets, with its ultra-low spreads and diverse market offerings, appeals to seasoned traders seeking high leverage and fast execution across forex, CFDs, and more. In contrast, OKX focuses on cryptocurrency enthusiasts, offering a wide range of digital asset products with competitive fees and innovative features like a built-in Web3 wallet. While IC Markets is ideal for those interested in traditional and crypto markets with comprehensive platform support, OKX attracts crypto traders looking for advanced tools and zero minimum deposit requirements.
IC Markets
OKX
| IC Markets | OKX | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.0/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 ✓ | 1:100 |
| 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
WinnerOKX
IC Markets
OKX
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs OKX'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 OKX starts at 0.1 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. OKX requires $0.
IC Markets is regulated by ASIC, CySEC, while OKX holds licences from FSA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. OKX 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.