IC Markets vs TopForex, Updated for 2026
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IC Markets Rating
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TopForex Rating
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs TopForex Guide |
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Read our In-Depth IC Markets vs TopForex Review - 2026 Update
This IC Markets vs TopForex review has been revised for 2026 from industry experts with years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs TopForex does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
TopForex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs TopForex
All trading platforms feature certain advantages and disadvantages, so a complete IC Markets and TopForex review cannnot be regarded as thorough without having a balanced approach.
Assess TopForex and IC Markets to get a better understanding of just how they compare with each other prior to you decide to make an account. Performing a side-by-side comparison helps to place factors in perspective so that you're informed about what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or TopForex. Who is better in 2026?
Our IC Markets vs TopForex comparison contains the latest information so you can easily compare TopForex against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you need to choose the right agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and TopForex are just two such platforms which will take you and your investment into great heights. It's crucial to compare IC Markets vs TopForex before you trust them with your cash.
Our IC Markets vs TopForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and TopForex side by side.
Our entire IC Markets vs TopForex Review covers everything you will need to know about trading using either IC Markets or TopForex. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and TopForex are both brokers that have paved their way successfully to the broker world. In this review, we've attempted to collate some of the vital aspects of both IC Markets and TopForex. This review will allow you to know whether either TopForex or IC Markets is a good match for your own investments or not. We have attempted to breakdown all the features and fees for your advantage.
Benefits of IC Markets and TopForex Compared
IC Markets has a minimum deposit of $200 while TopForex has a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and TopForex 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 allows you to trade around 232 financial instruments while TopForex has around 232 on their platform.
The more financial instruments you can trade on the IC Markets and TopForex 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 should never want to miss out on a trading opportunity due to the limitations of IC Markets or TopForex.
IC Markets and TopForex Contact Details
Being able to contact an online trading platform simply is important. IC Markets and TopForex have the following contact details and social medias that you can use.
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| Broker | IC Markets | TopForex |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | TopForex Twitter Account | |
| IC Markets Facebook Page | TopForex Facebook Page | |
| IC Markets Instagram Account | TopForex Instagram Account | |
| IC Markets LinkedIn Page | TopForex LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | TopForex YouTube Channel |
| Find Out More |
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TopForex 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 TopForex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the 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 TopForex - Awards
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| Broker | IC Markets | TopForex |
| Awards |
IC Markets have won several industry awards over the years they have been operating as an online trading platform. We list the most recognised awards for IC Markets below.
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At the time of writing this TopForex review, and despite TopForex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs TopForex - Frequently Asked Questions
IC Markets vs TopForex - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
TopForex was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for TopForex or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for TopForex is $100.
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 TopForex are a good option.
IC Markets vs TopForex - 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).
TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both IC Markets and TopForex have a strong set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs TopForex Commission And Fees
IC Markets and TopForex are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those who are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither IC Markets or TopForex 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 amount. This can be beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and TopForex are comparatively greater. Consequently, you are charged more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This IC Markets vs TopForex review for 2026 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And TopForex
What Languages Do IC Markets And TopForex Support?
Being able to communicate easily with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you will find the languages that both IC Markets and TopForex offer communication in.
How Many Clients Do IC Markets and TopForex Have?
Both IC Markets and TopForex are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users IC Markets and TopForex are active on their platform
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| Broker | IC Markets | TopForex |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and TopForex Accept?
IC Markets and TopForex 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 TopForex
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| Broker | IC Markets | TopForex |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
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What Can You Trade With IC Markets and TopForex?
IC Markets offers 232 trading instruments while TopForex offers 100.
Below you will find a full breakdown of what both IC Markets and TopForex offer.
IC Markets Review
IC Markets vs TopForex:
Table Of Contents
- Compare IC Markets vs TopForex
- Benefits of IC Markets and TopForex Compared
- TopForex and IC Markets Mobile App Comparison
- IC Markets vs TopForex - Awards
- IC Markets vs TopForex - Frequently Asked Questions
- What is the minimum deposit for TopForex or IC Markets
- IC Markets vs TopForex - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And TopForex
- What Languages Do IC Markets And TopForex Support?
- How Many Clients Do IC Markets and TopForex Have?
- What Payment Methods Do IC Markets and TopForex Accept?
- What Can You Trade With IC Markets and TopForex?

