GatesFX vs IC Markets
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
IC Markets wins this comparison — 4 out of 7 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. IC Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
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. GatesFX scores 4.40/10 on our platform, which is respectable but trails behind.
GatesFX4.40
IC Markets4.70Leverage & Instruments
GatesFX winsIC Markets offers greater trading power with maximum leverage of 1:500 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. GatesFX caps leverage at 1:1000, which may limit scalability for experienced traders looking for higher exposure.
GatesFX1:1000IC Markets1:500 offshore / 1:30 EU & AUDeposit & Withdrawal
GatesFX 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. GatesFX offers Crypto, which may not suit all traders.
GatesFX$10.00IC 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. GatesFX offers TradeLocker, MetaTrader 5, which covers the essentials but falls short on variety.
GatesFXIC MarketsRegulation & Safety
IC Markets winsWhen it comes to regulation, IC Markets holds the edge. IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018, a top-tier authority, while GatesFX operates under No Regulation. For traders who prioritise safety and fund protection, IC Markets is the stronger choice in this category.
GatesFXIC MarketsTrading Costs
IC Markets winsGatesFX offers more competitive trading costs overall. With EUR/USD spreads from 1.0 Pips and commissions of $0 (Standard), $7/lot round turn (ECN Raw), $15/lot round turn (Deposit Bonus), 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 GatesFX more attractive.
GatesFX1.0 PipsIC Markets0.0 pips (Raw) / 0.6 pips (Standard)Account Types & Min Deposit
GatesFX winsGatesFX is the more accessible choice for traders getting started. With a minimum deposit of $10.00, it requires less capital to open an account than IC Markets, which requires $200. Lower barriers to entry make GatesFX the winner in this category.
GatesFX$10.00IC Markets$200Our Pick
IC Markets Wins This Round
Based on our side-by-side analysis, IC Markets edges ahead in this matchup. Get started today.
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Frequently Asked Questions
Is GatesFX better than IC Markets?
Based on our analysis across 7 key categories, IC Markets wins with a score of 5–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, GatesFX or IC Markets?
GatesFX offers lower trading costs. GatesFX spreads start from 1.0 Pips while IC Markets starts from 0.0 pips (Raw) / 0.6 pips (Standard).
Is GatesFX safer than IC Markets?
IC Markets is regulated by a higher-tier authority. GatesFX is regulated by No Regulation, while IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018.
Can I use MT5 with both GatesFX and IC Markets?
GatesFX supports TradeLocker, MetaTrader 5 and IC Markets supports MT4, MT5, cTrader. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, GatesFX or IC Markets?
GatesFX has the lower minimum deposit requirement. GatesFX requires $10.00 while IC Markets requires $200.
Is GatesFX regulated?
Yes, GatesFX is regulated by No Regulation. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, GatesFX or IC Markets?
For beginners, IC Markets is generally the stronger choice due to its lower minimum deposit and broader educational resources. However, both brokers offer standard tools suitable for newer traders.