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

IC Markets vs Weltrade 2026: Which Broker is Better?

Choosing between IC Markets and Weltrade depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Weltrade operates from Limassol, Cyprus. Weltrade has the longer track record, established in 2006, 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

Weltrade

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsWeltrade
BrokerRank Score3.9/5 ✓3.2/5
Min. Deposit$200 ✓$25
Spread from0 pips0 pips
Max Leverage1:5001:1000 ✓
RegulationASIC, CySEC ✓FSA
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
IC MarketsWeltrade
Best for Low Fees
IC MarketsWeltrade
Best for Regulation
IC MarketsWeltrade
Best Overall
IC MarketsWeltrade
Quick Answer

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 below

IC Markets vs Weltrade: Key Differences

Feature

IC Markets

Weltrade

Our Rating
3.9 / 5
3.2 / 5
Min. Deposit
$200
$25
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
FSA
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities, Crypto
Founded
2007
2006
Headquarters
Sydney, Australia
Limassol, Cyprus
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IC Markets

Weltrade

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Forex, Cfd, Crypto, Indices markets. IC Markets additionally covers Stocks. Weltrade adds Commodities.

Trading Platforms

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Weltrade offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Weltrade sets a minimum deposit of $25. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Weltrade at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 versus Weltrade's 3.18/5. IC Markets holds more tier-1 licences (ASIC), offering stronger regulatory protection. Traders with smaller budgets may find Weltrade's lower minimum deposit of $25 more accessible. Weltrade is still a solid option for beginners starting with a smaller initial capital, but IC Markets offers a stronger overall package for the majority of 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)
  • More regulatory licences (2)
  • More market types (6)
  • More platforms (4 supported)
Weltrade

Weltrade

3.2/5

Choose Weltrade if you want…

  • No per-trade commission
  • Lower minimum deposit ($25)
  • Higher leverage (up to 1:1000)
  • More established (est. 2006)

Also consider

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Both IC Markets & Weltrade are available in

Frequently Asked Questions

1

Is IC Markets better than Weltrade?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Weltrade's 3.2/5. 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 Weltrade?

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

3

What is the minimum deposit for IC Markets vs Weltrade?

IC Markets requires a minimum deposit of $200. Weltrade requires $25.

4

Which broker is safer, IC Markets or Weltrade?

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

5

What trading platforms do IC Markets and Weltrade support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Weltrade supports MT4, MT5.

6

Can I use both IC Markets and Weltrade?

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

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