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

IC Markets vs Webull 2026: Which Broker is Better?

In the realm of online trading, IC Markets and Webull stand out with distinct offerings and target audiences. IC Markets, based in Sydney and regulated by ASIC and CySEC, caters to more experienced traders seeking ultra-low spreads, fast execution, and a comprehensive suite of platforms like MT4, MT5, and TradingView. Conversely, Webull, headquartered in New York and regulated by the SEC and FCA, appeals to cost-conscious traders with its commission-free structure and user-friendly proprietary platforms, making it ideal for beginners looking to trade stocks and crypto with no minimum deposit. The primary difference lies in their market access and platform offerings, with IC Markets providing a broader range of financial instruments and higher leverage, while Webull focuses on simplicity and cost-effectiveness.

IC Markets

Webull

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsWebull
BrokerRank Score3.9/5 ✓3.6/5
Min. Deposit$200$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:4
RegulationASIC, CySECSEC, FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
WebullIC Markets
Best for Low Fees
IC MarketsWebull
Best for Regulation
IC MarketsWebull
Best Overall
IC MarketsWebull
Quick Answer

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 below

IC Markets vs Webull: Key Differences

Feature

IC Markets

Webull

Winner
Our Rating
3.9 / 5
3.6 / 5
Min. Deposit
$200
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
SECFCA
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Stocks, Crypto, Forex, Indices
Founded
2007
2017
Headquarters
Sydney, Australia
New York, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

IC Markets

Webull

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

BrokerRank Verdict

In the comparison between IC Markets and Webull, Webull emerges as the better option for beginners due to its commission-free trading and no minimum deposit requirement, making it more accessible for newcomers. IC Markets, with its ultra-low spreads and high leverage of up to 1:500, is more suited for professional traders seeking advanced features and tools. When it comes to fees, Webull takes the lead with its zero-commission structure, providing cost-effective trading for users.

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)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2007)
Webull

Webull

3.6/5

Choose Webull if you want…

  • No per-trade commission
  • No minimum deposit

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 & Webull are available in

Frequently Asked Questions

1

Is IC Markets better than Webull?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Webull's 3.6/5. 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 Webull?

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

3

What is the minimum deposit for IC Markets vs Webull?

IC Markets requires a minimum deposit of $200. Webull requires $0.

4

Which broker is safer, IC Markets or Webull?

IC Markets is regulated by ASIC, CySEC, while Webull holds licences from SEC, FCA.

5

What trading platforms do IC Markets and Webull support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Webull supports Proprietary Web, Proprietary Mobile.

6

Can I use both IC Markets and Webull?

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

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