NordFX vs IC Markets, Who's The Best?
Read our In-Depth NordFX vs IC Markets Review - 2026 Update
This review comparing NordFX and IC Markets has been refreshed to reflect any changes for 2026 from knowledgeable insiders with extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of NordFX vs IC Markets does not apply to all countries as follows:
NordFX Excluded Countries
United States of America, Canada, Syrian Arab Republic, Sudan, Cuba, and Netherlands.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare NordFX vs IC Markets
Each trading platforms feature some advantages and disadvantages, so any comprehensive review of NordFX and IC Markets should not be complete without having a balanced approach.
Examine IC Markets and NordFX in order to understand just how they compare to each other prior to you choose to create an account. Performing a comprehensive comparison can bring aspects into perspective so that you remain informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between NordFX or IC Markets. Who should you choose?
Our NordFX vs IC Markets comparison contains the latest information so you can easily compare IC Markets against NordFX.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will get proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the right broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. NordFX and IC Markets are just two such trading platforms that will take you and your investment to great heights. It's crucial to compare NordFX vs IC Markets until you trust them with your cash.
Our NordFX vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust NordFX and IC Markets side by side.
Our entire NordFX vs IC Markets Review covers everything you will need to learn about trading with either NordFX or IC Markets. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
NordFX and IC Markets are both brokers which have found their way successfully to the broker world. Within this review, we have attempted to collate a number of the vital aspects of both NordFX and IC Markets. This review can help you to understand whether either IC Markets or NordFX is a good match for your own investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of NordFX and IC Markets Compared
NordFX offers a minimum deposit of $10 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how NordFX and IC Markets 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.
NordFX has around 116 financial instruments whilst IC Markets allows you to trade around 116 financial instruments on their platform.
The more instruments you can trade on the NordFX and IC Markets 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 NordFX or IC Markets.
NordFX and IC Markets Contact Details
Being able to contact a broker through many ways is important. NordFX and IC Markets have the following contact details and social medias that you can use.
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| Broker | NordFX | IC Markets |
| Telephone Number | +91 120 433 3948 | +248 467 19 76 |
| support@nordfx.com | support@icmarkets.com | |
| Address | Pot 805/103 Rue D'Auvergne, Port Vila, Vanuatu | Level 4, 50 Carrington Street, Sydney NSW 2000 |
| NordFX Twitter Account | IC Markets Twitter Account | |
| NordFX Facebook Page | IC Markets Facebook Page | |
| NordFX Instagram Account | IC Markets Instagram Account | |
| NordFX LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | NordFX YouTube Channel | IC Markets YouTube Channel |
| Find Out More |
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IC Markets and NordFX Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing NordFX and IC Markets will examine whether their mobile app meets all our requirements.
Overall, we rate 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 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?
NordFX vs IC Markets - Awards
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| Broker | NordFX | IC Markets |
| Awards | At the time of writing this NordFX review, and despite NordFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won numerous industry awards over the time they have been running as an online trading platform. We detail the most notable awards for IC Markets here.
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NordFX vs IC Markets - Frequently Asked Questions
NordFX vs IC Markets - Headquarters And Year Of Founding
NordFX was founded in 2008 and has its head office in Mauritius.
IC Markets was founded in 2007 and has its head office in Australia.
What is the minimum deposit for IC Markets or NordFX
The minimum deposit for NordFX is $10.
The minimum deposit for IC Markets is $200.
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 NordFX and IC Markets are a good choice.
NordFX vs IC Markets - Regulation And Licencing In More Detail
NordFX is regulated by VFSC (15008).
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both NordFX and IC Markets have a powerful set of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare NordFX vs IC Markets Commission And Fees
NordFX and IC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this objective.
The first kind of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are charged when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.
In general, neither NordFX or IC Markets charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by NordFX and IC Markets are comparatively greater. Consequently, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This NordFX vs IC Markets review for 2026 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For NordFX And IC Markets
What Languages Do NordFX And IC Markets Support?
Being able to chat easily with your trading platform is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both NordFX and IC Markets support.
How Many Clients Do NordFX and IC Markets Have?
Both NordFX and IC Markets are well known and trusted. It is important to work with an online broker you can trust 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 NordFX and IC Markets are active on their platform
What Payment Methods Do NordFX and IC Markets Accept?
NordFX and IC Markets 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 NordFX and IC Markets
What Can You Trade With NordFX and IC Markets?
NordFX offers 116 trading instruments whilst IC Markets offers 232.
Below you will find a full breakdown of what both NordFX and IC Markets offer.
NordFX Review
NordFX vs IC Markets:
Table Of Contents
- Compare NordFX vs IC Markets
- Benefits of NordFX and IC Markets Compared
- IC Markets and NordFX Mobile App Comparison
- NordFX vs IC Markets - Awards
- NordFX vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or NordFX
- NordFX vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For NordFX And IC Markets
- What Languages Do NordFX And IC Markets Support?
- How Many Clients Do NordFX and IC Markets Have?
- What Payment Methods Do NordFX and IC Markets Accept?
- What Can You Trade With NordFX and IC Markets?

