Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs Windsor Brokers 2026: Which Broker is Better?

Choosing between IC Markets and Windsor Brokers depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Windsor Brokers operates from Limassol, Cyprus. Windsor Brokers has the longer track record, established in 1988, 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

Windsor Brokers

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsWindsor Brokers
BrokerRank Score3.9/5 ✓3.2/5
Min. Deposit$200$100 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECCySEC, FSA
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
Windsor BrokersIC Markets
Best for Low Fees
IC MarketsWindsor Brokers
Best for Regulation
IC MarketsWindsor Brokers
Best Overall
IC MarketsWindsor Brokers
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 Windsor Brokers: Key Differences

Feature

IC Markets

Windsor Brokers

Our Rating
3.9 / 5
3.2 / 5
Min. Deposit
$200
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks
Founded
2007
1988
Headquarters
Sydney, Australia
Limassol, Cyprus
Score
2 / 4
2 / 4

Still deciding between IC Markets and Windsor Brokers?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

IC Markets

Windsor Brokers

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

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

Markets & Assets

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

Trading Platforms

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

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Windsor Brokers sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Windsor Brokers 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.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 versus Windsor Brokers's 3.21/5. IC Markets holds more tier-1 licences (ASIC), offering stronger regulatory protection. Traders with smaller budgets may find Windsor Brokers's lower minimum deposit of $100 more accessible. Windsor Brokers 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 market types (6)
  • More platforms (4 supported)
Windsor Brokers

Windsor Brokers

3.2/5

Choose Windsor Brokers if you want…

  • Lower minimum deposit ($100)
  • More established (est. 1988)

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#3FxPro logo
FxPro
4.1
FCA
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both IC Markets & Windsor Brokers are available in

Frequently Asked Questions

1

Is IC Markets better than Windsor Brokers?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Windsor Brokers'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 Windsor Brokers?

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

3

What is the minimum deposit for IC Markets vs Windsor Brokers?

IC Markets requires a minimum deposit of $200. Windsor Brokers requires $100.

4

Which broker is safer, IC Markets or Windsor Brokers?

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

5

What trading platforms do IC Markets and Windsor Brokers support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Windsor Brokers supports MT4, MT5.

6

Can I use both IC Markets and Windsor Brokers?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply