ThinkMarkets vs IC Markets 2026: Which Broker is Better?
Choosing between ThinkMarkets and IC Markets depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while IC Markets operates from Sydney, Australia. IC Markets has the longer track record, established in 2007, compared to ThinkMarkets which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ThinkMarkets
IC Markets
| ThinkMarkets | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.9/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | ASIC, CySEC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, TradingView |
ThinkMarkets (3.9/5) and IC Markets (3.9/5) are closely matched. ThinkMarkets has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowThinkMarkets vs IC Markets: Key Differences
ThinkMarkets
WinnerIC Markets
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Fees Comparison
ThinkMarkets
IC Markets
Regulation & Trust
ThinkMarkets holds licences from FCA, ASIC. IC Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. ThinkMarkets additionally covers Commodities. IC Markets adds Crypto.
Trading Platforms
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. IC Markets offers MT4, MT5, TradingView, Proprietary Mobile. Both brokers are available on MT4, MT5, Proprietary Mobile.
Minimum Deposit
ThinkMarkets requires no minimum deposit, while IC Markets sets a minimum deposit of $200. This makes ThinkMarkets accessible to traders with any budget.
Overall Ratings
BrokerRank scores ThinkMarkets at 3.92/5 and IC Markets at 3.87/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ThinkMarkets leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
- No minimum deposit
IC Markets
3.9/5
Choose IC Markets if you want…
- More established (est. 2007)
Also consider
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.
Both ThinkMarkets & IC Markets are available in
Frequently Asked Questions
1Is ThinkMarkets better than IC Markets?
ThinkMarkets (3.9/5) and IC Markets (3.9/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, ThinkMarkets or IC Markets?
ThinkMarkets offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ThinkMarkets vs IC Markets?
ThinkMarkets requires a minimum deposit of $0. IC Markets requires $200.
4Which broker is safer, ThinkMarkets or IC Markets?
ThinkMarkets is regulated by FCA, ASIC, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do ThinkMarkets and IC Markets support?
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both ThinkMarkets and IC Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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