IC Markets vs CMC Markets, for 2025
IC Markets Rating
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CMC Markets Rating
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs CMC Markets Guide |
Read our In-Depth IC Markets vs CMC Markets Review - 2025 Update
This comprehensive analysis of IC Markets and CMC Markets has been refreshed for 2025 by industry experts with extensive expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs CMC Markets does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
CMC Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs CMC Markets
Each trading platforms will have certain pros and cons, and a complete IC Markets and CMC Markets review would not be complete without embracing an objective perspective.
Compare CMC Markets and IC Markets to get a better understanding of the way these platforms stack up to each other before you decide to create an account. Performing a side-by-side comparison can place factors into perspective so that you are informed about what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or CMC Markets. Who should you choose?
Our IC Markets vs CMC Markets comparison contains the latest information so you can easily compare CMC Markets against IC Markets.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of brokerage since you continue trading. For starters, you have to choose the right broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and CMC Markets are two such companies which will take you and your investment into great heights. It's important to compare IC Markets vs CMC Markets until you trust them with your money.
Our IC Markets vs CMC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and CMC Markets side by side.
Our entire IC Markets vs CMC Markets Review covers everything you will need to learn about trading using either IC Markets or CMC Markets. A good agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and CMC Markets are both brokers which have found their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important aspects of both IC Markets and CMC Markets. This review can help you to understand whether either CMC Markets or IC Markets is a fantastic fit for your own investments or not. We have attempted to breakdown all the qualities and fees for your advantage.
Benefits of IC Markets and CMC Markets Compared
IC Markets has a minimum deposit of $200 while CMC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and CMC Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets has around 232 financial instruments while CMC Markets has around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and CMC Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or CMC Markets.
IC Markets and CMC Markets Contact Details
Being able to contact your broker easily is important. IC Markets and CMC Markets have the following contact details and social medias that you can use.
Broker | IC Markets | CMC Markets |
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Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | CMC Markets Twitter Account | |
IC Markets Facebook Page | CMC Markets Facebook Page | |
IC Markets Instagram Account | CMC Markets Instagram Account | |
IC Markets LinkedIn Page | CMC Markets LinkedIn Page | |
YouTube | IC Markets YouTube Channel | CMC Markets YouTube Channel |
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CMC Markets and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of IC Markets and CMC Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs CMC Markets - Awards
Broker | IC Markets | CMC Markets |
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Awards |
IC Markets have won numerous industry awards over the years they have been running as an online broker. We detail the most notable awards for IC Markets below.
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At the time of writing this CMC Markets review, and despite CMC Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs CMC Markets - Frequently Asked Questions
IC Markets vs CMC Markets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
CMC Markets was founded in 1989 and has its head office in UK.
What is the minimum deposit for CMC Markets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for CMC Markets is $200.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and CMC Markets are a good choice.
IC Markets vs CMC Markets - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
CMC Markets is regulated by Financial Conduct Authority (FCA).
Both IC Markets and CMC Markets have a powerful set of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs CMC Markets Commission And Fees
IC Markets and CMC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of penalties for this objective.
The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you're paying a spread, financing speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or CMC Markets charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees charged by IC Markets and CMC Markets are relatively higher. As a result, you are charged more for non-trading activities on your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This IC Markets vs CMC Markets review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And CMC Markets
What Languages Do IC Markets And CMC Markets Support?
Being able to communicate easily with your trading broker is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both IC Markets and CMC Markets offer communication in.
How Many Clients Do IC Markets and CMC Markets Have?
Both IC Markets and CMC Markets are well established with their client base. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users IC Markets and CMC Markets are active on their platform
Broker | IC Markets | CMC Markets |
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Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and CMC Markets Accept?
IC Markets and CMC Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and CMC Markets
What Can You Trade With IC Markets and CMC Markets?
IC Markets offers 232 trading instruments whilst CMC Markets offers 100.
Below you will find a full breakdown of what both IC Markets and CMC Markets offer.
IC Markets Review
IC Markets vs CMC Markets:
Table Of Contents
- Compare IC Markets vs CMC Markets
- Benefits of IC Markets and CMC Markets Compared
- CMC Markets and IC Markets Mobile App Comparison
- IC Markets vs CMC Markets - Awards
- IC Markets vs CMC Markets - Frequently Asked Questions
- What is the minimum deposit for CMC Markets or IC Markets
- IC Markets vs CMC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And CMC Markets
- What Languages Do IC Markets And CMC Markets Support?
- How Many Clients Do IC Markets and CMC Markets Have?
- What Payment Methods Do IC Markets and CMC Markets Accept?
- What Can You Trade With IC Markets and CMC Markets?