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

IC Markets vs Skilling 2026: Which Broker is Better?

In the comparison of IC Markets and Skilling, both brokers offer robust trading services but cater to distinct trader profiles. IC Markets is ideal for experienced traders seeking ultra-low spreads and fast execution, with a focus on forex and CFDs through platforms like MT4 and MT5. Conversely, Skilling appeals to traders interested in a broader range of instruments, including stocks and ETFs, leveraging its user-friendly Skilling Trader and cTrader platforms, with lower minimum deposits and commission-free trading. While IC Markets provides high leverage up to 1:500, Skilling offers a safer, regulated environment with EU investor protection.

IC Markets

Skilling

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsSkilling
BrokerRank Score3.9/5 ✓3.5/5
Min. Deposit$200$100 ✓
Spread from0 pips ✓0.7 pips
Max Leverage1:500 ✓1:30
RegulationASIC, CySECCySEC, FSA
PlatformsMT4, MT5, TradingViewSkilling Trader, cTrader, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
SkillingIC Markets
Best for Low Fees
IC MarketsSkilling
Best for Regulation
IC MarketsSkilling
Best Overall
IC MarketsSkilling
Quick Answer

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 below

IC Markets vs Skilling: Key Differences

Feature

IC Markets

Winner

Skilling

Our Rating
3.9 / 5
3.5 / 5
Min. Deposit
$200
$100
Max Leverage
Spread From
0 pips
0.7 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Skilling Trader, cTrader, MT4, Skilling App
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Stocks, Etf, Indices, Commodities, Crypto
Founded
2007
2016
Headquarters
Sydney, Australia
Limassol, Cyprus
Score
3 / 5
2 / 5

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Fees Comparison

Fee

IC Markets

Skilling

Spread From
0 pips
0.7 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

IC Markets is better suited for professional traders due to its ultra-low spreads starting from 0.0 pips, fast execution, and high leverage of up to 1:500, making it ideal for those seeking cost-effective trading with advanced platforms like MT4, MT5, and TradingView. Skilling, on the other hand, is more beginner-friendly, offering a lower minimum deposit of $100, a user-friendly Skilling Trader platform, and no commission fees, which can ease the learning curve for newcomers. On fees, IC Markets takes the lead with lower spreads, despite the commission, making it more cost-effective for high-volume traders.

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)
  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More established (est. 2007)
Skilling

Skilling

3.5/5

Choose Skilling if you want…

  • No per-trade commission
  • Lower minimum deposit ($100)

Also consider

View all rankings

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.

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80% of retail CFD accounts lose money.

Both IC Markets & Skilling are available in

Frequently Asked Questions

1

Is IC Markets better than Skilling?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Skilling's 3.5/5. 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 Skilling?

IC Markets offers spreads from 0 pips, while Skilling starts at 0.7 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IC Markets vs Skilling?

IC Markets requires a minimum deposit of $200. Skilling requires $100.

4

Which broker is safer, IC Markets or Skilling?

IC Markets is regulated by ASIC, CySEC, while Skilling holds licences from CySEC, FSA.

5

What trading platforms do IC Markets and Skilling support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Skilling supports Skilling Trader, cTrader, MT4, Skilling App.

6

Can I use both IC Markets and Skilling?

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

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