IC Markets
IG

Regulations and Licenses

Feature
IC Markets
IG
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
CBI (Ireland)
FSA (Seychelles)
BMA (Bermuda)
Other Regulators

Brokerage

Feature
IC Markets
IG
EUR/USD Avg. Raw Spread
0.02
0.16
GBP/USD Avg. Raw Spread
0.23
0.59
AUD/USD Avg. Raw Spread
0.17
0.29
EUR/USD Standard Spread
0.62
1.13
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
0.83
1.66
AUD/USD Avg. Standard Spread
0.77
1.01
Commissions (USD Base)
$3.50
$6.00
Minimum Deposit
$0
$450
Swap Free Account
No Inactivity Fees
Funding Methods
15+
4+
No Funding Fees

Markets and Instruments

Feature
IC Markets
IG
Currency Pairs
61+
100+
Cryptocurrency CFDs*
18+
12+
Index CFDs
16+
34+
Share CFDs
100+
12000+
Commodities CFD
26+
35+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
Pro 1: 100:1
Pro 2: 250:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
222:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
222:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 10:1
Pro. Max. Leverage (UAE)
-
222:1
Retail Max. Leverage (USA)
-
Major Pairs 50:1
Minor Pairs 20:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Minor Pairs 20:1
Pro. Max. Leverage (Singapore)
-
50:1
Retail Max. Leverage (New Zealand)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (New Zealand)
-
222:1
Retail Max. Leverage (With offshore regulators)
-
Major Pairs 30:1
Minor Pairs 20:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
IC Markets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
IG
Our Rating
850
710
 

Our full comparison covers the 10 most important trading factors. Here are five key differences between IC Markets and IG Group:

  • IG offers more currency pairs, with 91, compared to IC Markets’ 63.
  • IC Markets provides both lower spreads and higher leverage than IG.
  • IC Markets primarily uses popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IG primarily uses their proprietary software.
  • IG offers a broader range of trading instruments, including over 8,500 shares from various stock markets.
  • IC Markets offers leverage of 500:1 under the Seychelles Financial Services Authority (FSA), while IG’s leverage varies based on the client’s location and regulatory jurisdiction.