IC Markets Alternatives: Pros, Cons, And How It Stacks Up 2026 Update
This alternatives to IC Markets guide has been updated for 2026 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, benefits 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 check if they are a better fit for you before moving any money around.
The most complete guide to IC Markets alternatives on the internet
There are 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 try to give you as much useful information so you can make an informed choice. Below you can find the best IC Markets alternatives.
For each of our alternative to IC Markets, we also highlight the key differences to IC Markets and for each section show you the best alternatives. For every IC Markets alternative online 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, let us show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable online broker is important for your trading success. All of the IC Markets alternative brokers shown in this IC Markets alternatives guide have good reputations and fit 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 deposit requirements of IC Markets competitors. Brokers have lower minimum deposits to get users to join with them, 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 demo account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we detail 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 is specially offered when the market volatility prevents clients from letting their account go into the red. In a situation like this, IC Markets provides the ability to reset a customers account balance to zero.
You should go through the important conditions on IC Markets's website to understand their policies better.
Below we detail some of the best alternatives to IC Markets that have 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, doesn't offer guaranteed stop loss. IC Markets provides a chance for its traders to close their trades in their given price. Apart from that, IC Markets doesn't provide guaranteed stop loss.
Below we show some of the top IC Markets alternatives that have 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. Many traders throughout the world select IC Markets for their scalping services. They offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac which let this.
Below we list some of the best alternatives to IC Markets that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
IC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
IC Markets do permit hedging. Several traders throughout the world choose IC Markets for 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 offer hedging services to their client 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 show some of the best alternatives to IC Markets that allow 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. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we show some of the best IC Markets alternatives that has copy trading to their users
| 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