IC Markets vs Forex Club, Who's The Best?
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IC Markets Rating
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Forex Club Rating
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Losses can exceed deposits |
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IC Markets vs Forex Club Guide |
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Read our In-Depth IC Markets vs Forex Club Review - Updated for 2026
This review comparing IC Markets and Forex Club has been revised to reflect any changes for 2026 by knowledgeable insiders with years of expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Forex Club does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Forex Club Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Forex Club
All trading platforms has certain ups and downs, and any comprehensive review of IC Markets and Forex Club should not be complete without having a balanced approach.
Assess IC Markets and Forex Club in order to understand the way these platforms line up to each prior to you decide to open an account. Performing a side-by-side comparison helps to put things into perspective in order that you remain informed about the expectations.
So you are looking for a professional broker and are choosing between IC Markets or Forex Club. Who should you choose?
This IC Markets vs Forex Club comparison contains the latest information so you can easily compare Forex Club against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you have to choose the right agent who'll be clear with you always.
Within 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 generate hefty returns. IC Markets and Forex Club are two such trading platforms which will take you along with your investment to great heights. It's crucial to compare IC Markets vs Forex Club until you trust them with your cash.
Our IC Markets vs Forex Club comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Forex Club side by side.
Our full IC Markets vs Forex Club Review covers everything you need to learn about trading using either IC Markets or Forex Club. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
IC Markets and Forex Club are both brokers that have paved their way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital facets of both IC Markets and Forex Club. This review can allow you to know whether either Forex Club or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Benefits of IC Markets and Forex Club Compared
IC Markets has a minimum deposit of $200 while Forex Club has a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Forex Club 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 Forex Club allows you to trade around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Forex Club 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 Forex Club.
IC Markets and Forex Club Contact Details
Being able to contact a broker simply is vital. IC Markets and Forex Club have the following contact details and social medias that you can use.
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| Broker | IC Markets | Forex Club |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Forex Club Twitter Account | |
| IC Markets Facebook Page | Forex Club Facebook Page | |
| IC Markets Instagram Account | Forex Club Instagram Account | |
| IC Markets LinkedIn Page | Forex Club LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Forex Club YouTube Channel |
| Find Out More |
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Forex Club 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 Forex Club will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than 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. 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?
IC Markets vs Forex Club - Awards
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| Broker | IC Markets | Forex Club |
| Awards |
IC Markets have won several industry awards over the years they have been running as a financial broker. We detail the most notable awards for IC Markets below.
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At the time of writing this Forex Club review, and despite Forex Club’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Forex Club - Frequently Asked Questions
IC Markets vs Forex Club - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Forex Club was founded in 2008 and has its head office in Russia.
What is the minimum deposit for Forex Club or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Forex Club is $100.
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 Forex Club are a good choice.
IC Markets vs Forex Club - 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).
Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both IC Markets and Forex Club have a powerful set of rules for ensuring fair trading on their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Forex Club Commission And Fees
IC Markets and Forex Club are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of fees for this objective.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're spending a spread, funding rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people who are billed when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Forex Club charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees billed by IC Markets and Forex Club are comparatively competitive. As a result, you're charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This IC Markets vs Forex Club review for 2026 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Forex Club
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| Broker | IC Markets | Forex Club |
| Minimum Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
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What Languages Do IC Markets And Forex Club Support?
Being able to communicate easily with your online platform is a key part of comparing online brokers to find the best trading partner. 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.
Here you can find the languages that both IC Markets and Forex Club offer communication in.
How Many Clients Do IC Markets and Forex Club Have?
Both IC Markets and Forex Club are well established with their client base. It is really important to work with a 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 Forex Club are active on their platform
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| Broker | IC Markets | Forex Club |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Forex Club Accept?
IC Markets and Forex Club 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 Forex Club
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| Broker | IC Markets | Forex Club |
| 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 Forex Club?
IC Markets offers 232 trading instruments while Forex Club offers 103.
Below you will find a full breakdown of what both IC Markets and Forex Club offer.
IC Markets Review
IC Markets vs Forex Club:
Table Of Contents
- Compare IC Markets vs Forex Club
- Benefits of IC Markets and Forex Club Compared
- Forex Club and IC Markets Mobile App Comparison
- IC Markets vs Forex Club - Awards
- IC Markets vs Forex Club - Frequently Asked Questions
- What is the minimum deposit for Forex Club or IC Markets
- IC Markets vs Forex Club - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Forex Club
- What Languages Do IC Markets And Forex Club Support?
- How Many Clients Do IC Markets and Forex Club Have?
- What Payment Methods Do IC Markets and Forex Club Accept?
- What Can You Trade With IC Markets and Forex Club?

