IC Markets Alternatives: Pros, Cons, And How It Stacks Up 2025 Update
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 clients. If you feel that IC Markets is not quite right for you then it would be worth getting a virtual account with a few of the best IC Markets alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed guide to IC Markets alternatives on the web
There are a lot of reasons IC Markets may not be a good fit for your trading needs. For whatever reason you are looking for the top IC Markets alternative or IC Markets competitor with better services, we will always try to give you as much useful information so you can make an informed decision. Below you will find the top IC Markets alternatives.
For each of the alternative to IC Markets, we also highlight the key differences to IC Markets and for each platform feature show you the best alternatives. For each IC Markets alternative trading platform shown we also have detailed trading platform 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 unhappy with IC Markets, we can show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a professional and dependable online broker is vital to your trading success. All of the IC Markets alternative platforms shown in this IC Markets alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
IC Markets has a minimum desposit of $200, you should check how the minimum deposit requirements of IC Markets compare with the minimum deposits of IC Markets competitors. Trading platforms often have lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to 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 demo accounts so you can test your trading strategies before risking any real capital. New traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we list some of the best alternatives to IC Markets that offer 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 offers negative balance protection. It's especially offered while the market volatility keeps clients from allowing their account go in the red. In a situation like this, IC Markets provides the ability to reset a clients account balance to zero.
You should go through the critical stipulations on IC Markets's website to comprehend their policies.
Below we list 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 offer guaranteed stop loss. IC Markets provides an opportunity to its dealers to close their trades in their given price. Apart from this, IC Markets does not offer guaranteed stop loss.
Below we show 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 allow scalping. Many traders throughout the world choose IC Markets due to their scalping services. 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 allow scalping functionality to their clients.
| 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 throughout the world choose IC Markets due to their large range of services. They offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac.
Below we list 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. 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 independent copy trading..
Below we detail some of the best IC Markets alternatives that have 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
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, IC Markets offers copy trading which gives access to leading traders sharing their knowledge with the community. 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 calculated social trading..
Below we detail some of the top IC Markets alternatives that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
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