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IC Markets vs NinjaTrader

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

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.

NinjaTraderTrust 8.3/10
CFTC-NFA

US-based futures and forex broker with the institutional-grade NinjaTrader 8 platform and NinjaScript algorithmic framework. Long the platform of choice for US futures day traders and now part of Kraken.

Quick verdict

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

Side-by-side comparison

FeatureIC MarketsNinjaTrader
Trust score9.38.3
RegulatorsASIC, CySEC, FSA-SeychellesCFTC-NFA
HeadquartersUnited States
Founded2003
Min deposit$200$0.00
Max leverage1:5001:50
EUR/USD spread0.10 pips0.50 pips
Commission per lot$7$5
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, ACH, Credit/Debit Card
Withdrawal methodsBank Wire, ACH
Withdrawal speed48h
Base currenciesUSD

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users

NinjaTrader is best for

Algo traders
Day traders
Scalpers