IC Markets vs ThinkMarkets
Side-by-side comparison of regulation, trading costs, platforms, and account types for IC Markets and ThinkMarkets.
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.
ThinkMarketsTrust 8.5/10
ASIC
FCA
CySEC
FSCA
AU/UK broker since 2010. ThinkTrader proprietary platform plus MT4/MT5. Strong global presence with offices in 8 countries.
Quick verdict
- Trust: IC Markets has the higher trust score.
- EUR/USD spread: IC Markets and ThinkMarkets have identical EUR/USD spreads.
Side-by-side comparison
| Feature | IC Markets | ThinkMarkets |
|---|---|---|
| Trust score | 9.3 | 8.5 |
| Regulators | ASIC, CySEC, FSA-Seychelles | ASIC, FCA, CySEC, FSCA, JFSA, FSA-Japan |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $200 | $0.00 |
| Max leverage | 1:500 | 1:500 |
| EUR/USD spread | 0.10 pips | 0.10 pips |
| Commission per lot | $7 | $7 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
IC Markets is best for
Algo traders
Scalpers
High-volume traders
cTrader users
ThinkMarkets is best for
Multi-platform traders
No-deposit-required starters
AU residents