IC Markets
SBI Securities
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
Choosing between IC Markets and SBI Securities depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while SBI Securities operates from Tokyo, Japan. SBI Securities has the longer track record, established in 1944, compared to IC Markets which was founded in 2007. 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
SBI Securities
IC Markets is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
IC Markets
3.9 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
IC Markets
2 vs 1 licences
Min. Deposit
SBI Securities
$200 vs $0
IC Markets
SBI Securities
IC Markets
SBI Securities
Lower feesIC Markets holds licences from ASIC, CySEC. SBI Securities is regulated by FSA.
Both brokers offer access to Crypto, Stocks, Indices markets. IC Markets additionally covers Forex, Cfd. SBI Securities adds Etf.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. SBI Securities offers Proprietary Web, Proprietary Mobile, HyperSBI 2. Both brokers are available on Proprietary Mobile.
IC Markets requires a minimum deposit of $200, while SBI Securities sets no minimum deposit. This makes SBI Securities accessible to traders with any budget.
BrokerRank scores IC Markets at 3.87/5 and SBI Securities at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs SBI Securities's 3.2/5. 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 SBI Securities starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. SBI Securities requires $0.
IC Markets is regulated by ASIC, CySEC, while SBI Securities holds licences from FSA.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. SBI Securities supports Proprietary Web, Proprietary Mobile, HyperSBI 2.
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.