IC Markets vs Direct FX, for 2026
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IC Markets Rating
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Direct FX Rating
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs Direct FX Guide |
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Read our In-Depth IC Markets vs Direct FX Review - 2026 Update
Our comprehensive analysis of IC Markets and Direct FX has been refreshed to reflect any changes for 2026 by knowledgeable insiders with years of expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Direct FX does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Direct FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Direct FX
Each platforms for online trading feature certain pros and cons, so a complete analysis of IC Markets vs Direct FX should not be complete without embracing a fair assessment.
Examine Direct FX and IC Markets to understand how they stack up against each prior to you choose to create an account. Performing a side-by-side comparison can put things in perspective to ensure that you are informed about what you should anticipate.
So you are looking for a reputable broker and are choosing between IC Markets or Direct FX. Who should you choose?
Our IC Markets vs Direct FX comparison contains the most recent information so you can easily compare Direct FX against IC Markets.
If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the right broker who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and Direct FX are just two such companies which will take you and your investment into great heights. It is important that you compare IC Markets vs Direct FX until you trust them with your cash.
Our IC Markets vs Direct FX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Direct FX side by side.
Our entire IC Markets vs Direct FX Review covers all you need to learn about trading with either IC Markets or Direct FX. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
IC Markets and Direct FX are both brokers that have paved their way successfully into the broker world. Within this review, we've tried to collate a number of the vital aspects of both IC Markets and Direct FX. This review can allow you to understand whether either Direct FX or IC Markets is a fantastic match for your investments or not. We have attempted to breakdown all of the features and fees for your convenience.
Benefits of IC Markets and Direct FX Compared
IC Markets offers a minimum deposit of $200 while Direct FX has a $1 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Direct FX 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 whilst Direct FX allows you to trade around 232 available.
The more instruments you can trade on the IC Markets and Direct FX 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 should never want to miss out on a trading opportunity due to the limitations of IC Markets or Direct FX.
IC Markets and Direct FX Contact Details
Being able to contact your broker simply is important. IC Markets and Direct FX have the following contact details and social medias that you can use.
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| Broker | IC Markets | Direct FX |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Direct FX Twitter Account | |
| IC Markets Facebook Page | Direct FX Facebook Page | |
| IC Markets Instagram Account | Direct FX Instagram Account | |
| IC Markets LinkedIn Page | Direct FX LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Direct FX YouTube Channel |
| Find Out More |
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Direct FX and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of IC Markets and Direct FX we'll check whether either of their mobile apps tick all the boxes.
We rate overall 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 Direct FX - Awards
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| Broker | IC Markets | Direct FX |
| Awards |
IC Markets have won several industry awards over the years they have been operating as a financial broker. We show the most notable awards for IC Markets here.
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At the time of writing this Direct FX review, and despite Direct FX’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Direct FX - Frequently Asked Questions
IC Markets vs Direct FX - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Direct FX was founded in 2006 and has its headquaters in New Zealand.
What is the minimum deposit for Direct FX or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Direct FX is $1.
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 Direct FX are a good choice.
IC Markets vs Direct FX - 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).
Direct FX is regulated by Unregulated.
Direct FX is unregulated but IC Markets has a powerful collection of rules for ensuring fair trading onto its platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy policy, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Direct FX Commission And Fees
IC Markets and Direct FX are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn't 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 a variety of services to earn money. There are mainly 3 different types of penalties for this purpose.
The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are people who are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Direct FX charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and Direct FX are relatively competitive. Consequently, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs Direct FX review for 2026 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Direct FX
What Languages Do IC Markets And Direct FX Support?
Being able to chat easily with your trading platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both IC Markets and Direct FX support.
How Many Clients Do IC Markets and Direct FX Have?
Both IC Markets and Direct FX are well established with their client base. It is important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients IC Markets and Direct FX are working with
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| Broker | IC Markets | Direct FX |
| Clients / Users | 60,000+ | 10,000+ |
| Find Out More |
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What Payment Methods Do IC Markets and Direct FX Accept?
IC Markets and Direct FX 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 Direct FX
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| Broker | IC Markets | Direct FX |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
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What Can You Trade With IC Markets and Direct FX?
IC Markets offers 232 trading instruments while Direct FX offers .
Below you will find a full breakdown of what both IC Markets and Direct FX offer.
IC Markets Review
IC Markets vs Direct FX:
Table Of Contents
- Compare IC Markets vs Direct FX
- Benefits of IC Markets and Direct FX Compared
- Direct FX and IC Markets Mobile App Comparison
- IC Markets vs Direct FX - Awards
- IC Markets vs Direct FX - Frequently Asked Questions
- What is the minimum deposit for Direct FX or IC Markets
- IC Markets vs Direct FX - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Direct FX
- What Languages Do IC Markets And Direct FX Support?
- How Many Clients Do IC Markets and Direct FX Have?
- What Payment Methods Do IC Markets and Direct FX Accept?
- What Can You Trade With IC Markets and Direct FX?

