CMC Markets vs IC Markets
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Side-by-Side Comparison
Customer Support & Reputation
IC Markets winsIC Markets has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.70/10. CMC Markets scores 4.50/10 on our platform, which is respectable but trails behind.
CMC Markets4.50
IC Markets4.70Leverage & Instruments
Both brokers offer equivalent maximum leverage, so neither has a distinct advantage for traders who rely on leveraged positions.
CMC Markets1:500 professional / 1:30 EU & AU retailIC Markets1:500 offshore / 1:30 EU & AUDeposit & Withdrawal
CMC Markets winsIC Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. CMC Markets offers Bank Transfer, Visa/Mastercard, PayPal, Wire Transfer, which may not suit all traders.
CMC Markets$0 (no minimum)IC Markets$200Platforms & Tools
IC Markets winsIC Markets provides a broader range of trading platforms. It supports MT4, MT5, cTrader, giving traders more flexibility in how they access the markets. CMC Markets offers Next Generation, MT4, which covers the essentials but falls short on variety.
CMC MarketsIC MarketsRegulation & Safety
CMC Markets winsWhen it comes to regulation, CMC Markets holds the edge. CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS, a top-tier authority, while IC Markets operates under ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. For traders who prioritise safety and fund protection, CMC Markets is the stronger choice in this category.
CMC MarketsIC MarketsTrading Costs
IC Markets winsCMC Markets offers more competitive trading costs overall. With EUR/USD spreads from 0.7 pips (Standard) and commissions of No commission (Standard), $2.50 per $100k notional (FX Active), it undercuts IC Markets, which charges spreads of 0.0 pips (Raw) / 0.6 pips (Standard) with commission-free commission. Cost-conscious traders will find CMC Markets more attractive.
CMC Markets0.7 pips (Standard)IC Markets0.0 pips (Raw) / 0.6 pips (Standard)Account Types & Min Deposit
CMC Markets winsCMC Markets is the more accessible choice for traders getting started. With a minimum deposit of $0 (no minimum), it requires less capital to open an account than IC Markets, which requires $200. Lower barriers to entry make CMC Markets the winner in this category.
CMC Markets$0 (no minimum)IC Markets$200Ready to Choose?
Frequently Asked Questions
Is CMC Markets better than IC Markets?
CMC Markets and IC Markets are closely matched overall, with neither broker winning outright. The better choice depends on which features matter most to you.
Which has lower spreads, CMC Markets or IC Markets?
CMC Markets offers lower trading costs. CMC Markets spreads start from 0.7 pips (Standard) while IC Markets starts from 0.0 pips (Raw) / 0.6 pips (Standard).
Is CMC Markets safer than IC Markets?
CMC Markets is regulated by a higher-tier authority. CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS, while IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018.
Can I use MT5 with both CMC Markets and IC Markets?
CMC Markets supports Next Generation, MT4 and IC Markets supports MT4, MT5, cTrader. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, CMC Markets or IC Markets?
CMC Markets has the lower minimum deposit requirement. CMC Markets requires $0 (no minimum) while IC Markets requires $200.
Is CMC Markets regulated?
Yes, CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, CMC Markets or IC Markets?
Both brokers offer beginner-friendly features. We recommend comparing their educational resources and account types to find the best fit.