IC Markets vs IG
An in-depth comparison to help you choose the right broker for your trading journey.
QUICK VERDICT
Who Wins?
HEAD-TO-HEAD
Side-by-Side Comparison
Feature
Overall Rating
4.6/5
4.4/5
Minimum Deposit
$200
$250
Spreads From
0.0 pips
0.6 pips
Max Leverage
Up to 500:1
Up to 30:1 (EU)
Instruments
2,250+
17,000+
Fees Score
4.9/5
3.8/5
Platforms Score
4.7/5
4.6/5
Education Score
3.5/5
4.5/5
Safety Score
4.5/5
4.9/5
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
IG Trading Platform, MetaTrader 4, ProRealTime, L2 Dealer
Founded
2007
1974
Headquarters
Sydney, Australia
London, United Kingdom
ANALYSISOpen IC Markets AccountOpen IG Account
Pros & Cons
Pros
- Industry-leading raw spreads from 0.0 pips
- True ECN execution with no dealing desk
- $1 trillion+ monthly trading volume
- Multiple platforms including TradingView
- Excellent for high-frequency and algo trading
- Deep institutional liquidity
Cons
- $200 minimum deposit
- Limited educational content
- No proprietary platform
- Basic research tools
Pros
- 50+ years established
- Publicly traded (FTSE 250)
- 17,000+ markets
- Excellent research
- Advanced ProRealTime charts
Cons
- Higher minimum deposit
- Inactivity fees
- Complex fee structure
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