IC Markets vs fx choice, 2026 Update
|
|
|
IC Markets Rating
|
fx choice Rating
|
|
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs fx choice Guide |
|
Read our In-Depth IC Markets vs fx choice Review - for 2026
This review comparing IC Markets and fx choice has been revised for 2026 by seasoned professionals with years of expertise across Forex, CFDs, & Social Trading.
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 has certain pros and cons, so any comprehensive review of IC Markets and fx choice should not be complete without adopting an objective perspective.
Compare IC Markets and fx choice to understand how these platforms stack up to each before you open an account. A comparative analysis helps to bring aspects in perspective to ensure that you remain cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or fx choice. Who should you choose?
This IC Markets vs fx choice comparison contains the latest information so you can easily compare fx choice against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You will get adept at all the concepts of broker as you keep trading. For starters, you have to choose the ideal agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and fx choice are just two such stages that will take you and your investment to great heights. It's crucial to compare IC Markets vs fx choice before you trust them with your cash.
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 will need to know about trading using either IC Markets or fx choice. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and fx choice are both brokers that have forged their way successfully into the brokerage world. In this review, we've tried to collate a number of the important aspects of both IC Markets and fx choice. This review can help you to know whether either fx choice or IC Markets is a fantastic match for your investments or not. We have attempted to breakdown all the qualities and fees for your convenience.
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 allows you to trade around 232 financial instruments while fx choice allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and fx choice 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 fx choice.
IC Markets and fx choice Contact Details
Being able to contact an online trading platform simply is a sign of a professional broker. IC Markets and fx choice have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| 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 |
|
|
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.
This part of comparing IC Markets and fx choice 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 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 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 fx choice - Awards
|
|
||
|---|---|---|
| Broker | IC Markets | fx choice |
| Awards |
IC Markets have won many industry awards over the time they have been operating as a financial broker. We detail the most notable awards for IC Markets here.
|
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. |
| Find Out More |
|
|
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 head office 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 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 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 powerful set of rules for ensuring fair trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, 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 fx choice Commission And Fees
IC Markets and fx choice 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 better. In other words, an internet broker isn't necessarily affected by the amount of clients 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 make money. There are primarily three different types of fees for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or fx choice 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 lesser sum. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and fx choice are relatively lower. As a result, you are billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs fx choice review for 2026 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And fx choice
|
|
||
|---|---|---|
| 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 |
|
|
What Languages Do IC Markets And fx choice Support?
Being able to talk easily with your trading platform is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you will find all 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 known and trusted. 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 customers are using their services.
Below you will find details of how many clients IC Markets and fx choice have
|
|
||
|---|---|---|
| Broker | IC Markets | fx choice |
| Clients / Users | 60,000+ | 10,000+ |
| Find Out More |
|
|
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
|
|
||
|---|---|---|
| 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 |
|
|
What Can You Trade With IC Markets and fx choice?
IC Markets offers 232 trading instruments while 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?

