IC Markets vs TopForex, Who's The Best?
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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 - Updated for 2026
This IC Markets vs TopForex review has been refreshed to reflect any changes for 2026 from knowledgeable insiders boasting significant financial experience in Social Trading, Forex, & CFDs.
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
Every trading platforms will have some advantages and disadvantages, so any comprehensive IC Markets and TopForex review cannnot be regarded as thorough without adopting a balanced approach.
Compare IC Markets and TopForex to understand just how they line up against one another before you open an account. A side-by-side comparison will place factors in perspective so that you're aware of the expectations.
So you are looking for a reputable broker and are choosing between IC Markets or TopForex. Who should you choose?
Our IC Markets vs TopForex comparison contains the latest information so you can easily compare TopForex against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage since you keep trading. For starters, you have to select the ideal broker who'll 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 TopForex are two such stages which will take you and your investment into great heights. It is important that you compare IC Markets vs TopForex until 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 agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and TopForex are both brokers which have paved their way successfully to the brokerage world. Within this review, we have tried to collate some of the important aspects of both IC Markets and TopForex. This review can help you to know whether either TopForex or IC Markets is a fantastic match for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of IC Markets and TopForex Compared
IC Markets offers 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 allows you to trade around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and TopForex 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 TopForex.
IC Markets and TopForex Contact Details
Being able to contact a broker easily 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.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 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 TopForex - Awards
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| Broker | IC Markets | TopForex |
| Awards |
IC Markets have won many industry awards over the time they have been running as a financial broker. We detail 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 head office 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 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 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 powerful collection of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs TopForex Commission And Fees
IC Markets and TopForex are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
But this does not 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 mainly 3 different types of fees for this purpose.
The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or TopForex charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by IC Markets and TopForex are relatively lower. Consequently, you are billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This IC Markets vs TopForex review for 2026 breaks down every one of the relevant non-trading charges 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 part of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find the languages that both IC Markets and TopForex support.
How Many Clients Do IC Markets and TopForex Have?
Both IC Markets and TopForex are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers IC Markets and TopForex have
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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 and 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?

