IC Markets Alternatives: Pros, Cons, And How It Stacks Up Updated for 2025
This alternatives to IC Markets guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to IC Markets to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to IC Markets like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their users. If you feel that IC Markets is not quite right for you then it would be worth getting a demo account with a lot of the best IC Markets alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete guide to IC Markets alternatives on the internet
There's many reasons IC Markets may not be a good fit for your trading needs. For whatever reason you are hunting for a better IC Markets alternative or IC Markets competitor with better services, we will always try to give you as much useful information so you can find what it is you need. Below you will discover the most popular IC Markets alternatives.
For each of the below alternative to IC Markets, we also highlight the key differences to IC Markets and for each section show you the best alternatives. For each IC Markets alternative online trading platform listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with IC Markets, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable broker is important for your trading success. All of the IC Markets alternative platforms shown in this IC Markets alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
IC Markets has a minimum desposit of $200, you can see how the minimum deposit requirements of IC Markets compare with the minimum deposits of IC Markets competitors. Trading platforms have lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t always a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
IC Markets |
$200 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
IC Markets offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to IC Markets that have demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
IC Markets has negative balance protection. It is especially offered while the market volatility keeps customers from allowing their account go in the red. In such a scenario, IC Markets offers the ability to reset a clients account balance to zero.
You are able to go through the critical stipulations on IC Markets's website to understand their policies.
Below we show some of the best alternatives to IC Markets that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
IC Markets unfortunately, does not provide guaranteed stop loss. IC Markets gives an opportunity to its traders to close their trade at their given price. Apart from this, IC Markets doesn't provide guaranteed stop loss.
Below we detail some of the top IC Markets alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
IC Markets |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
IC Markets do permit scalping. Several traders throughout the world choose IC Markets due to their services that are trading. They offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac which allow this.
Below we detail some of the top alternatives to IC Markets that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
IC Markets do allow hedging. Several traders across the world select IC Markets due to their hedging services. They offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac.
Below we show some of the best alternatives to IC Markets that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
IC Markets's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we show some of the best alternatives to IC Markets that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
IC Markets's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we list some of the best IC Markets alternatives that allow copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare IC Markets To All Other Brokers