IC Markets vs Sarwa 2026: Which Broker is Better?
Choosing between IC Markets and Sarwa depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Sarwa operates from Dubai, UAE. IC Markets has the longer track record, established in 2007, compared to Sarwa which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IC Markets
Sarwa
| IC Markets | Sarwa | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.5/5 |
| Min. Deposit | $200 ✓ | $500 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC | DFSA, SEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets vs Sarwa: Key Differences
IC Markets
WinnerSarwa
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Fees Comparison
IC Markets
Sarwa
Lower feesRegulation & Trust
IC Markets holds licences from ASIC, CySEC. Sarwa is regulated by SEC, DFSA.
Markets & Assets
Both brokers offer access to Crypto, Stocks markets. IC Markets additionally covers Forex, Cfd, Indices. Sarwa adds Etf.
Trading Platforms
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
IC Markets requires a minimum deposit of $200, while Sarwa sets a minimum deposit of $500. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IC Markets at 3.87/5 and Sarwa at 3.34/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- Lower minimum deposit ($200)
- Higher leverage (up to 1:500)
- More market types (6)
Sarwa
3.5/5
Choose Sarwa if you want…
- No per-trade commission
Also consider
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.
Both IC Markets & Sarwa are available in
Frequently Asked Questions
1Is IC Markets better than Sarwa?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Sarwa's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IC Markets or Sarwa?
IC Markets offers spreads from 0 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs Sarwa?
IC Markets requires a minimum deposit of $200. Sarwa requires $500.
4Which broker is safer, IC Markets or Sarwa?
IC Markets is regulated by ASIC, CySEC, while Sarwa holds licences from DFSA, SEC.
5What trading platforms do IC Markets and Sarwa support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.
6Can I use both IC Markets and Sarwa?
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.
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