UFX vs IC Markets, Who's Better?
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UFX Rating
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IC Markets Rating
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Your capital is at risk |
Losses can exceed deposits |
UFX vs IC Markets Guide |
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Read our In-Depth UFX vs IC Markets Review - for 2026
This review comparing UFX and IC Markets has been revised for 2026 by seasoned professionals with considerable financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of UFX vs IC Markets does not apply to all countries as follows:
UFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare UFX vs IC Markets
Every trading platforms has a few advantages and disadvantages, so a complete review of UFX and IC Markets cannnot be regarded as thorough without adopting a fair assessment.
Compare IC Markets and UFX to get a better understanding of how they compare against one another before you decide to open an account. A comprehensive comparison can put things in perspective to ensure that you remain cognizant of the expectations.
So you are looking for a broker and are choosing between UFX or IC Markets. Which one is best in 2026?
This UFX vs IC Markets comparison contains the latest information so you can easily compare IC Markets against UFX.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of brokerage as you continue trading. For starters, you need to choose the right agent who will be clear with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. UFX and IC Markets are just two such trading platforms that will take you and your investment to great heights. It is important that you compare UFX vs IC Markets until you trust them with your money.
Our UFX vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust UFX and IC Markets side by side.
Our entire UFX vs IC Markets Review covers all you need to know about trading with either UFX or IC Markets. A good broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
UFX and IC Markets are both brokers that have found their way successfully to the broker world. Within this review, we've attempted to collate some of the vital aspects of both UFX and IC Markets. This review will allow you to understand whether either IC Markets or UFX is a good fit for your investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Benefits of UFX and IC Markets Compared
UFX has a minimum deposit of $500 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how UFX 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.
UFX allows you to trade around 100 financial instruments while IC Markets has around 100 financial instruments available.
The more financial instruments you can trade on the UFX 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 UFX or IC Markets.
UFX and IC Markets Contact Details
Being able to contact a broker simply is important. UFX and IC Markets have the following contact details and social medias that you can use.
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| Broker | UFX | IC Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| UFX Twitter Account | IC Markets Twitter Account | |
| UFX Facebook Page | IC Markets Facebook Page | |
| UFX Instagram Account | IC Markets Instagram Account | |
| UFX LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | UFX YouTube Channel | IC Markets YouTube Channel |
| Find Out More |
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IC Markets and UFX 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 UFX and IC Markets will examine whether their mobile app meets all our requirements.
We rate overall 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
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
UFX vs IC Markets - Awards
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| Broker | UFX | IC Markets |
| Awards | At the time of writing this UFX review, and despite UFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won several industry awards over the years they have been operating as an online trading platform. We detail the most notable awards for IC Markets below.
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| Find Out More |
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UFX vs IC Markets - Frequently Asked Questions
UFX vs IC Markets - Headquarters And Year Of Founding
UFX was founded in 2007 and has its headquaters in Republic of Vanuatu.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or UFX
The minimum deposit for UFX is $500.
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 UFX and IC Markets are a good choice.
UFX vs IC Markets - Regulation And Licencing In More Detail
UFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both UFX and IC Markets have a powerful set of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare UFX vs IC Markets Commission And Fees
UFX and IC Markets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an online broker isn't necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 different types of fees for this objective.
The first sort of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight prices are those who are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither UFX or IC Markets charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by UFX and IC Markets are comparatively competitive. As a result, you are billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not about the purchase and sale of assets.
This UFX vs IC Markets review for 2026 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For UFX And IC Markets
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| Broker | UFX | IC Markets |
| Minimum Deposit | $500 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
| Find Out More |
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What Languages Do UFX And IC Markets Support?
Being able to chat completely with your online platform is a key element when comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both UFX and IC Markets support.
How Many Clients Do UFX and IC Markets Have?
Both UFX and IC Markets are well known and trusted. It is really 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 they already work with.
Below you will find details of how many users UFX and IC Markets are active on their platform
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| Broker | UFX | IC Markets |
| Clients / Users | 10,000+ | 60,000+ |
| Find Out More |
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What Payment Methods Do UFX and IC Markets Accept?
UFX 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 UFX and IC Markets
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| Broker | UFX | IC Markets |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Payoneer | Yes | No |
| Neteller | No | Yes |
| Find Out More |
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What Can You Trade With UFX and IC Markets?
UFX offers 100 trading instruments while IC Markets offers 232.
Below you will find a full breakdown of what both UFX and IC Markets offer.
UFX Review
UFX vs IC Markets:
Table Of Contents
- Compare UFX vs IC Markets
- Benefits of UFX and IC Markets Compared
- IC Markets and UFX Mobile App Comparison
- UFX vs IC Markets - Awards
- UFX vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or UFX
- UFX vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For UFX And IC Markets
- What Languages Do UFX And IC Markets Support?
- How Many Clients Do UFX and IC Markets Have?
- What Payment Methods Do UFX and IC Markets Accept?
- What Can You Trade With UFX and IC Markets?

