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HF Markets vs IC Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for HF Markets and IC Markets.

HF MarketsTrust 7.8/10
FCA
CySEC
DFSA
FSCA

Seven-jurisdiction broker including FCA, CySEC and DFSA, with the broadest emerging-market license footprint of any MetaTrader-only broker. Account variety includes Cent, Premium, Zero and Auto tiers.

IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Quick verdict

  • Trust: IC Markets has the higher trust score.
  • EUR/USD spread: IC Markets is tighter on EUR/USD.

Side-by-side comparison

FeatureHF MarketsIC Markets
Trust score7.89.3
RegulatorsFCA, CySEC, DFSA, FSCA, FSA-Seychelles, CMA, FSC-MauritiusASIC, CySEC, FSA-Seychelles
HeadquartersCyprus
Founded2010
Min deposit$0.00$200
Max leverage1:20001:500
EUR/USD spread1.20 pips0.10 pips
Commission per lot$0.00$7
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal speed24h
Base currenciesUSD, EUR, GBP, JPY

HF Markets is best for

Beginners
Copy traders
Algo traders

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users