IC Markets vs Spreadex 2026: Which Broker is Better?
In the comparison between IC Markets and Spreadex, the key difference lies in their target audiences and platform offerings. IC Markets appeals to traders seeking ultra-low spreads and fast execution, making it ideal for high-frequency traders and those using automated systems like MT4, MT5, and TradingView. Spreadex, on the other hand, caters to UK-based traders interested in spread betting and CFDs without a minimum deposit requirement, benefiting from FCA regulation and tax-free spread betting. While IC Markets offers a broader range of instruments and international reach, Spreadex provides a more tailored experience for UK residents with its proprietary platforms.
IC Markets
Spreadex
| IC Markets | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC ✓ | FCA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets vs Spreadex: Key Differences
IC Markets
WinnerSpreadex
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Fees Comparison
IC Markets
Spreadex
BrokerRank Verdict
Who Should Choose Which?
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
Spreadex
3.4/5
Choose Spreadex if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1999)
Also consider
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Both IC Markets & Spreadex are available in
Frequently Asked Questions
1Is IC Markets better than Spreadex?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Spreadex's 3.4/5. 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 Spreadex?
IC Markets offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs Spreadex?
IC Markets requires a minimum deposit of $200. Spreadex requires $0.
4Which broker is safer, IC Markets or Spreadex?
IC Markets is regulated by ASIC, CySEC, while Spreadex holds licences from FCA.
5What trading platforms do IC Markets and Spreadex support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both IC Markets and Spreadex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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