IC Markets
Robinhood
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In the world of online trading, IC Markets and Robinhood cater to distinct trader profiles, reflecting their operational differences. IC Markets, headquartered in Sydney and regulated by ASIC and CySEC, appeals primarily to experienced traders seeking ultra-low spreads, fast execution, and access to a diverse range of markets including forex and CFDs. In contrast, Robinhood, based in the USA and regulated by the SEC and CFTC, targets novice investors with its zero-commission stock trading and user-friendly mobile interface, although it offers limited market research and analysis tools. While IC Markets suits those interested in high-leverage trading, Robinhood is ideal for beginners focused on fee-free investing and straightforward crypto trading.
IC Markets
Robinhood
| IC Markets | Robinhood | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC | SEC, CFTC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
Robinhood
WinnerIC Markets
Robinhood
Lower fees
IC Markets
3.9/5
Choose IC Markets if you want…
Robinhood
3.6/5
Choose Robinhood if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Robinhood's 3.6/5. 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 Robinhood starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. Robinhood requires $0.
IC Markets is regulated by ASIC, CySEC, while Robinhood holds licences from SEC, CFTC.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Robinhood 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.