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IG vs IC Markets

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

I
IG
Est. 1974 · London, UK
9.2
VS
IM
IC Markets
Est. 2007 · Sydney, Australia
9.1

CFD risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs.

Quick Verdict

IG
3 categories won
Tied
1 categories
IC Markets
3 categories won

IG scores higher overall at 9.2/10 vs 9.1/10.

Score Comparison

OverallIG wins
IG9.2
IC Markets9.1
Fees & CostsIC Markets wins
IG8.8
IC Markets9.3
PlatformsTie
IG9.4
IC Markets9.4
RegulationIG wins
IG9.8
IC Markets8.8
ExecutionIC Markets wins
IG9.2
IC Markets9.4
SupportIC Markets wins
IG8.5
IC Markets8.8
EducationIG wins
IG9.3
IC Markets8.0
InstrumentsIG wins
IG9.7
IC Markets8.6

Trading Conditions

ConditionIGIC Markets
Min DepositNone$200
EUR/USD Spread0.6 pips average0.0 pips (Raw Spread), 0.6 pips (Standard)
CommissionNone (spread-only on most accounts)$3.50 per lot per side (Raw Spread), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)222:1500:1
Swap-FreeNoYes
Withdrawal FeeFreeFree (broker absorbs international wire fees up to certain volumes)

Platform Comparison

IG Platforms

  • IG Platform
  • MetaTrader 4
  • ProRealTime
  • L2 Dealer
  • TradingView
Account Types:

CFD, Spread Betting (UK), Share Dealing, Professional

IC Markets Platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Account Types:

Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader)

Regulation & Safety

IG Regulation

BaFinGermanyFCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000 (Germany), FSCS up to GBP 85,000 (UK)

IC Markets Regulation

ASICAustraliaCySECCyprusFSASeychelles
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000 (via CySEC entity)

Overall Verdict

WinnerIG9.2

IG takes the overall win with a score of 9.2 vs 9.1, winning 3 out of 7 individual categories compared to IC Markets's 3.

In terms of costs, though IC Markets edges ahead on fees. On the regulatory front, IG and offers stronger regulatory protection.

Choose IG if you prioritise its strengths in the categories where it leads. Choose IC Markets if you value the specific areas where it scores higher, such as fees & costs, execution, and more.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.