brokeredge

IC Markets vs Spreadex

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

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.

SpreadexTrust 8.1/10
FCA

UK-only FCA-regulated broker offering spread betting, CFDs and sports spread betting in a single account since 1999. Niche but well-regarded for tight financial spreads and a clean proprietary platform with TradingView.

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 MarketsSpreadex
Trust score9.38.1
RegulatorsASIC, CySEC, FSA-SeychellesFCA
HeadquartersUnited Kingdom
Founded1999
Min deposit$200$0.00
Max leverage1:5001:30
EUR/USD spread0.10 pips0.60 pips
Commission per lot$7$0.00
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
Withdrawal methodsBank Wire, Credit/Debit Card
Withdrawal speed24h
Base currenciesGBP, USD, EUR

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users

Spreadex is best for

Day traders
Swing traders