IC Markets vs fx choice, 2026 Update
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IC Markets Rating
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fx choice Rating
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Losses can exceed deposits |
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IC Markets vs fx choice Guide |
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Read our In-Depth IC Markets vs fx choice Review - Updated for 2026
This review comparing IC Markets and fx choice has been updated for 2026 by knowledgeable insiders with extensive financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs fx choice does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
fx choice Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs fx choice
All trading platforms feature a few pros and cons, so a complete review of IC Markets and fx choice cannnot be regarded as thorough without embracing a fair assessment.
Assess fx choice and IC Markets to understand just how these platforms stack up to each other prior to you choose to make an account. Performing a side-by-side comparison will put things in perspective to ensure that you're aware of what to expect.
So you are looking for a reputable broker and are choosing between IC Markets or fx choice. Who is better in 2026?
Our IC Markets vs fx choice comparison contains the latest information so you can easily compare fx choice against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and fx choice are just two such stages which will take you along with your investment to great heights. It is important to compare IC Markets vs fx choice until you trust them with your money.
Our IC Markets vs fx choice comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and fx choice side by side.
Our entire IC Markets vs fx choice Review covers all you need to know about trading with either IC Markets or fx choice. A good agent can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
IC Markets and fx choice are both brokers that have paved their way successfully to the broker world. In this review, we've attempted to collate some of the important facets of both IC Markets and fx choice. This review will help you to understand whether either fx choice or IC Markets is a good fit for your own investments or not. We have tried to breakdown all of the features and fees for your advantage.
Benefits of IC Markets and fx choice Compared
IC Markets offers a minimum deposit of $200 while fx choice has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and fx choice 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 fx choice has around 232 on their platform.
The more instruments you can trade on the IC Markets and fx choice 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 fx choice.
IC Markets and fx choice Contact Details
Being able to contact an online trading platform easily is vital. IC Markets and fx choice have the following contact details and social medias that you can use.
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| Broker | IC Markets | fx choice |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | fx choice Twitter Account | |
| IC Markets Facebook Page | fx choice Facebook Page | |
| IC Markets Instagram Account | fx choice Instagram Account | |
| IC Markets LinkedIn Page | fx choice LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | fx choice YouTube Channel |
| Find Out More |
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fx choice 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.
In this part of our comparison of IC Markets and fx choice we'll check whether either of their mobile apps tick all the boxes.
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 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 fx choice - Awards
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| Broker | IC Markets | fx choice |
| Awards |
IC Markets have won numerous industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for IC Markets below.
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At the time of writing this fx choice review, and despite fx choice’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs fx choice - Frequently Asked Questions
IC Markets vs fx choice - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
fx choice was founded in 2016 and has its headquaters in Australia.
What is the minimum deposit for fx choice or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for fx choice is $250.
Depending on your current situation, 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 fx choice are a good option.
IC Markets vs fx choice - 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).
fx choice is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F235.
Both IC Markets and fx choice have a strong collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs fx choice Commission And Fees
IC Markets and fx choice are online broker platforms, and many 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 online broker is not necessarily influenced by the number of clients they have.
But 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 fees for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you're paying a spread, financing rate, or even a commission. The kinds of trading charges and the prices differ 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. Funding or overnight rates are those that are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or fx choice charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often trade, for example weekly or daily trading.
However, non-trading fees charged by IC Markets and fx choice are relatively competitive. Consequently, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of resources.
This IC Markets vs fx choice review for 2026 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And fx choice
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| Broker | IC Markets | fx choice |
| Minimum Deposit | $200 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
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What Languages Do IC Markets And fx choice Support?
Being able to talk completely with your online broker is a key part of comparing trading platforms to find the best broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both IC Markets and fx choice support.
How Many Clients Do IC Markets and fx choice Have?
Both IC Markets and fx choice are well established with their client base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers IC Markets and fx choice have
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| Broker | IC Markets | fx choice |
| Clients / Users | 60,000+ | 10,000+ |
| Find Out More |
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What Payment Methods Do IC Markets and fx choice Accept?
IC Markets and fx choice 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 fx choice
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| Broker | IC Markets | fx choice |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Payoneer | No | Yes |
| Neteller | Yes | Yes |
| Find Out More |
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What Can You Trade With IC Markets and fx choice?
IC Markets offers 232 trading instruments and fx choice offers 118.
Below you will find a full breakdown of what both IC Markets and fx choice offer.
IC Markets Review
IC Markets vs fx choice:
Table Of Contents
- Compare IC Markets vs fx choice
- Benefits of IC Markets and fx choice Compared
- fx choice and IC Markets Mobile App Comparison
- IC Markets vs fx choice - Awards
- IC Markets vs fx choice - Frequently Asked Questions
- What is the minimum deposit for fx choice or IC Markets
- IC Markets vs fx choice - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And fx choice
- What Languages Do IC Markets And fx choice Support?
- How Many Clients Do IC Markets and fx choice Have?
- What Payment Methods Do IC Markets and fx choice Accept?
- What Can You Trade With IC Markets and fx choice?

