IC Markets vs NinjaTrader
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Side-by-Side Comparison
Customer Support & Reputation
IC Markets winsNinjaTrader has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.50/10 and offers live chat support. IC Markets scores 4.70/10 on our platform, which is respectable but trails behind.
IC Markets4.70
NinjaTrader4.00Leverage & Instruments
IC Markets 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. NinjaTrader caps leverage at Futures Margins from $50, which may limit scalability for experienced traders looking for higher exposure.
IC Markets1:500 offshore / 1:30 EU & AUNinjaTraderFutures Margins from $50Deposit & Withdrawal
NinjaTrader 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. NinjaTrader offers ACH Transfer, Debit Card, Wire Transfer, Apple Pay, Google Pay, which may not suit all traders.
IC Markets$200NinjaTrader$0 (No Minimum)Platforms & Tools
NinjaTrader winsNinjaTrader provides a broader range of trading platforms. It supports NinjaTrader Desktop, Web, Mobile, TradingView, giving traders more flexibility in how they access the markets. IC Markets offers MT4, MT5, cTrader, which covers the essentials but falls short on variety.
IC MarketsNinjaTraderRegulation & 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 NinjaTrader operates under CFTC / NFA (FCM). For traders who prioritise safety and fund protection, IC Markets is the stronger choice in this category.
IC MarketsNinjaTraderTrading Costs
IC Markets and NinjaTrader are evenly matched on trading costs. Both offer comparable spreads and commissions, so this category comes down to your specific account type and trading volume.
IC MarketsNinjaTraderAccount Types & Min Deposit
NinjaTrader winsNinjaTrader 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 NinjaTrader the winner in this category.
IC Markets$200NinjaTrader$0 (No Minimum)Ready to Choose?
Frequently Asked Questions
Is IC Markets better than NinjaTrader?
IC Markets and NinjaTrader are closely matched overall, with neither broker winning outright. The better choice depends on which features matter most to you.
Which has lower spreads, IC Markets or NinjaTrader?
Both brokers offer similar spread levels. IC Markets charges 0.0 pips (Raw) / 0.6 pips (Standard) and NinjaTrader charges N/A (Commission-based).
Is IC Markets safer than NinjaTrader?
IC Markets is regulated by a higher-tier authority. IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018, while NinjaTrader is regulated by CFTC / NFA (FCM).
Can I use MT5 with both IC Markets and NinjaTrader?
IC Markets supports MT4, MT5, cTrader and NinjaTrader supports NinjaTrader Desktop, Web, Mobile, TradingView. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, IC Markets or NinjaTrader?
NinjaTrader has the lower minimum deposit requirement. IC Markets requires $200 while NinjaTrader requires $0 (No Minimum).
Is IC Markets regulated?
Yes, IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, IC Markets or NinjaTrader?
Both brokers offer beginner-friendly features. We recommend comparing their educational resources and account types to find the best fit.