IC Markets vs Robinhood, Who's The Best?
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IC Markets Rating
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Robinhood Rating
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Losses can exceed deposits |
All investments involve risks, including the possible loss of capital. |
IC Markets vs Robinhood Guide |
Read our In-Depth IC Markets vs Robinhood Review - Updated for 2025
This review comparing IC Markets and Robinhood has been refreshed for 2025 by knowledgeable insiders boasting extensive financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Robinhood does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Robinhood Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Robinhood
Every trading platforms feature certain pros and cons, so a complete review of IC Markets and Robinhood cannnot be regarded as thorough without adopting a balanced approach.
Compare Robinhood and IC Markets to understand how these platforms stack up against each other before you choose to open an account. Performing a comprehensive comparison can put things in perspective to ensure that you remain aware of the expectations.
So you are looking for a broker and are choosing between IC Markets or Robinhood. Which one is best in 2025?
Our IC Markets vs Robinhood comparison contains the most recent information so you can easily compare Robinhood against IC Markets.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire adept at all the concepts of brokerage as you continue trading. For starters, you have to choose the right agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Robinhood are just two such trading platforms which will take you and your investment to great heights. It's crucial that you compare IC Markets vs Robinhood before you trust them with your money.
Our IC Markets vs Robinhood comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Robinhood side by side.
Our full IC Markets vs Robinhood Review covers everything you need to know about trading with either IC Markets or Robinhood. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and Robinhood are both brokers which have forged their way successfully into the broker world. Within this review, we've tried to collate a number of the important aspects of both IC Markets and Robinhood. This review can allow you to know whether either Robinhood or IC Markets is a good fit for your own investments or not. We've tried to breakdown all of the features and fees for your advantage.
Benefits of IC Markets and Robinhood Compared
IC Markets offers a minimum deposit of $200 while Robinhood offers a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Robinhood 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 whilst Robinhood allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and Robinhood trading 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or Robinhood.
IC Markets and Robinhood Contact Details
Being able to contact your broker simply is vital. IC Markets and Robinhood have the following contact details and social medias that you can use.
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Broker | IC Markets | Robinhood |
Telephone Number | +248 467 19 76 | +1 650 940 2700 |
support@icmarkets.com | support@robinhood.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 85 WILLOW St, Menlo Park, California 94025, US |
IC Markets Twitter Account | Robinhood Twitter Account | |
IC Markets Facebook Page | Robinhood Facebook Page | |
IC Markets Instagram Account | Robinhood Instagram Account | |
IC Markets LinkedIn Page | Robinhood LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Robinhood YouTube Channel |
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Robinhood and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing IC Markets and Robinhood will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs Robinhood - Awards
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Broker | IC Markets | Robinhood |
Awards |
IC Markets have won several industry awards over the time they have been running as an online broker. We list the most recognised awards for IC Markets here.
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At the time of writing this Robinhood review, and despite Robinhood’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Robinhood - Frequently Asked Questions
IC Markets vs Robinhood - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Robinhood was founded in 2013 and has its head office in USA.
What is the minimum deposit for Robinhood or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Robinhood is $0.
Depending on your circumstances, 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 Robinhood are a good choice.
IC Markets vs Robinhood - 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).
Robinhood is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).
Both IC Markets and Robinhood have a strong set of rules for ensuring honest trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs Robinhood Commission And Fees
IC Markets and Robinhood are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 different types of penalties for this purpose.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Robinhood charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often trade, for example daily or weekly trading.
However, non-trading fees charged by IC Markets and Robinhood are comparatively competitive. As a result, you're billed more for non-trading activities on your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This IC Markets vs Robinhood review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Robinhood
What Languages Do IC Markets And Robinhood Support?
Being able to communicate completely with your online platform is a key part of comparing brokers to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Here you will find the languages that both IC Markets and Robinhood support.
How Many Clients Do IC Markets and Robinhood Have?
Both IC Markets and Robinhood are well known and trusted. It is important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users IC Markets and Robinhood are working with
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Broker | IC Markets | Robinhood |
Clients / Users | 60,000+ | 10,000,000+ |
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What Payment Methods Do IC Markets and Robinhood Accept?
IC Markets and Robinhood 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 Robinhood
What Can You Trade With IC Markets and Robinhood?
IC Markets offers 232 trading instruments while Robinhood offers 5000.
Below you will find a full breakdown of what both IC Markets and Robinhood offer.
IC Markets Review
IC Markets vs Robinhood:
Table Of Contents
- Compare IC Markets vs Robinhood
- Benefits of IC Markets and Robinhood Compared
- Robinhood and IC Markets Mobile App Comparison
- IC Markets vs Robinhood - Awards
- IC Markets vs Robinhood - Frequently Asked Questions
- What is the minimum deposit for Robinhood or IC Markets
- IC Markets vs Robinhood - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Robinhood
- What Languages Do IC Markets And Robinhood Support?
- How Many Clients Do IC Markets and Robinhood Have?
- What Payment Methods Do IC Markets and Robinhood Accept?
- What Can You Trade With IC Markets and Robinhood?