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

IC Markets vs Public.com 2026: Which Broker is Better?

In the realm of online trading, IC Markets and Public.com offer distinct experiences tailored to different types of traders. IC Markets, established in 2007 and regulated by ASIC and CySEC, is ideal for experienced traders seeking ultra-low spreads and a broad range of markets, including forex, CFDs, and cryptocurrencies, with powerful platforms like MT4, MT5, and TradingView. In contrast, Public.com, founded in 2019 and regulated by the SEC, caters to novice investors interested in commission-free trading of stocks and cryptocurrencies, with a strong emphasis on social investing and a user-friendly mobile app. While IC Markets appeals to those requiring advanced tools and high leverage, Public.com is suited for US-based investors looking for an accessible and community-driven trading experience.

IC Markets

Public.com

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsPublic.com
BrokerRank Score3.9/5 ✓3.0/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySEC ✓SEC
PlatformsMT4, MT5, TradingViewProprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Public.comIC Markets
Best for Low Fees
IC MarketsPublic.com
Best for Regulation
IC MarketsPublic.com
Best Overall
IC MarketsPublic.com
Quick Answer

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 below

IC Markets vs Public.com: Key Differences

Feature

IC Markets

Public.com

Our Rating
3.9 / 5
3.0 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
SEC
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Crypto
Founded
2007
2019
Headquarters
Sydney, Australia
New York, USA
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

Public.com

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, Public.com offers a more accessible entry into trading with its commission-free model, no minimum deposit requirement, and user-friendly mobile platform, making it ideal for novice investors. Professional traders may prefer IC Markets due to its comprehensive range of financial instruments, ultra-low spreads starting from 0.0 pips, and support for advanced trading platforms like MT4 and MT5. In terms of fees, Public.com holds the advantage with its commission-free trading on stocks and ETFs, whereas IC Markets charges a commission of $3.5.

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)
Public.com

Public.com

3.0/5

Choose Public.com if you want…

  • No per-trade commission
  • No minimum deposit

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Frequently Asked Questions

1

Is IC Markets better than Public.com?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Public.com's 3.0/5. 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 Public.com?

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

3

What is the minimum deposit for IC Markets vs Public.com?

IC Markets requires a minimum deposit of $200. Public.com requires $0.

4

Which broker is safer, IC Markets or Public.com?

IC Markets is regulated by ASIC, CySEC, while Public.com holds licences from SEC.

5

What trading platforms do IC Markets and Public.com support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Public.com supports Proprietary Mobile.

6

Can I use both IC Markets and Public.com?

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

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