IC Markets
PrimeXBT
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In comparing IC Markets and PrimeXBT, traders will find distinct differences in their offerings and regulatory frameworks. IC Markets, with its ultra-low spreads and comprehensive platform support including MT4, MT5, and TradingView, appeals to forex and CFD traders seeking fast execution and a well-regulated environment. Conversely, PrimeXBT attracts cryptocurrency enthusiasts and traders interested in high leverage, offering a proprietary platform with Bitcoin-based margin trading and copy trading features. While IC Markets is better suited for those prioritising regulation and platform diversity, PrimeXBT is ideal for traders looking to leverage crypto positions with minimal deposit requirements.
IC Markets
PrimeXBT
| IC Markets | PrimeXBT | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $200 | $1 ✓ |
| Spread from | 0 pips ✓ | 0.001 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
WinnerPrimeXBT
IC Markets
PrimeXBT
IC Markets
3.9/5
Choose IC Markets if you want…
PrimeXBT
3.4/5
Choose PrimeXBT if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs PrimeXBT's 3.4/5. 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 PrimeXBT starts at 0.001 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. PrimeXBT requires $1.
IC Markets is regulated by ASIC, CySEC, while PrimeXBT holds licences from FSA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. PrimeXBT 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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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.