IC Markets vs fx next, Who's The Best?
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IC Markets Rating
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fx next Rating
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Losses can exceed deposits |
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IC Markets vs fx next Guide |
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Read our In-Depth IC Markets vs fx next Review - Updated for 2026
This review comparing IC Markets and fx next has been updated to reflect any changes for 2026 from knowledgeable insiders boasting 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 next does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
fx next Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs fx next
Each trading platforms has some advantages and disadvantages, and a complete IC Markets and fx next review would not be regarded as thorough without having an objective perspective.
Examine IC Markets and fx next to understand the way they line up with each before you choose to make an account. Performing a comparative analysis will bring aspects into perspective in order that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between IC Markets or fx next. Who should you choose?
This IC Markets vs fx next comparison contains the latest information so you can easily compare fx next against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you have to select the right broker who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and fx next are just two such platforms that will take you along with your investment to great heights. It's important that you compare IC Markets vs fx next before you trust them with your money.
Our IC Markets vs fx next comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and fx next side by side.
Our full IC Markets vs fx next Review covers everything you will need to know about trading with either IC Markets or fx next. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
IC Markets and fx next are both brokers that have forged their way successfully to the broker world. In this review, we have tried to collate a number of the important facets of both IC Markets and fx next. This review will allow you to understand whether either fx next or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of IC Markets and fx next Compared
IC Markets offers a minimum deposit of $200 while fx next has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and fx next 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 next allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and fx next 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 seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or fx next.
IC Markets and fx next Contact Details
Being able to contact a broker simply is a sign of a professional broker. IC Markets and fx next have the following contact details and social medias that you can use.
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| Broker | IC Markets | fx next |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | fx next Twitter Account | |
| IC Markets Facebook Page | fx next Facebook Page | |
| IC Markets Instagram Account | fx next Instagram Account | |
| IC Markets LinkedIn Page | fx next LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | fx next YouTube Channel |
| Find Out More |
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fx next 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 next we'll check whether either of their mobile apps tick all the boxes.
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
While most brokers are good at this, there are some poor ones. 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 next - Awards
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| Broker | IC Markets | fx next |
| Awards |
IC Markets have won numerous industry awards over the time they have been running as an online trading platform. We list the most notable awards for IC Markets below.
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At the time of writing this fx next review, and despite fx next’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs fx next - Frequently Asked Questions
IC Markets vs fx next - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
fx next was founded in 2018 and has its headquaters in Dubai.
What is the minimum deposit for fx next or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for fx next is $250.
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 fx next are a good choice.
IC Markets vs fx next - 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 next 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-F237.
Both IC Markets and fx next have a powerful collection of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs fx next Commission And Fees
IC Markets and fx next are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the amount of customers they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you are paying a spread, funding rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither IC Markets or fx next charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by IC Markets and fx next are comparatively greater. Consequently, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of resources.
This IC Markets vs fx next review for 2026 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And fx next
What Languages Do IC Markets And fx next Support?
Being able to communicate completely with your trading broker is a key way 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 app as it is a key part of success when trading forex.
Below you can find all the languages that both IC Markets and fx next offer communication in.
How Many Clients Do IC Markets and fx next Have?
Both IC Markets and fx next are well known and trusted. It is really 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 they already work with.
Below you will find details of how many clients IC Markets and fx next are working with
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| Broker | IC Markets | fx next |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and fx next Accept?
IC Markets and fx next 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 next
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| Broker | IC Markets | fx next |
| 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 next?
IC Markets offers 232 trading instruments while fx next offers 120.
Below you will find a full breakdown of what both IC Markets and fx next offer.
IC Markets Review
IC Markets vs fx next:
Table Of Contents
- Compare IC Markets vs fx next
- Benefits of IC Markets and fx next Compared
- fx next and IC Markets Mobile App Comparison
- IC Markets vs fx next - Awards
- IC Markets vs fx next - Frequently Asked Questions
- What is the minimum deposit for fx next or IC Markets
- IC Markets vs fx next - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And fx next
- What Languages Do IC Markets And fx next Support?
- How Many Clients Do IC Markets and fx next Have?
- What Payment Methods Do IC Markets and fx next Accept?
- What Can You Trade With IC Markets and fx next?

