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 - Updated for 2026
This review comparing UFX and IC Markets has been updated to reflect any changes for 2026 by knowledgeable insiders boasting extensive expertise across 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
Each online trading platforms has a few advantages and disadvantages, so any comprehensive analysis of UFX vs IC Markets should not be complete without embracing a fair assessment.
Compare UFX and IC Markets to understand the way these platforms compare with each other prior to you choose to make an account. Performing a comprehensive comparison can put things in perspective in order that you are aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between UFX or IC Markets. Who is better in 2026?
Our UFX vs IC Markets comparison contains the most recent 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 nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You will get proficient at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. UFX and IC Markets are just two such stages 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 cash.
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 full UFX vs IC Markets Review covers all you need to know about trading with either UFX or IC Markets. A good agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
UFX and IC Markets are both brokers which have forged their way successfully to the broker world. Within this review, we have attempted to collate some of the vital facets of both UFX and IC Markets. This review can allow you to understand whether either IC Markets or UFX is a fantastic match for your investments or not. We've tried to breakdown all the features and charges for your advantage.
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 has around 100 financial instruments whilst IC Markets has around 100 financial instruments on their platform.
The more financial instruments you can trade on the UFX and IC Markets 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 UFX or IC Markets.
UFX and IC Markets Contact Details
Being able to contact an online trading platform simply is a sign of a professional broker. 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
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 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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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?
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 a lot of industry awards over the years they have been operating as an online trading platform. We list the most recognised awards for IC Markets below.
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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 head office 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 option.
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 strong set of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client data is to not be shared with any other institutions or individuals. This includes 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 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 is not necessarily influenced by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you're paying a spread, financing rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They are charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither UFX or IC Markets charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees charged by UFX and IC Markets are relatively higher. As a result, you're billed more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This UFX vs IC Markets review for 2026 breaks down every one of the relevant 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 communicate completely with your online platform is a key element when comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find all 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 a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients are using their services.
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?

