Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
MultiBank FX
$50.00Tightest Spreads
MultiBank FX
1.5 pips (Standard) pipsHighest Leverage
IC Markets
1:1:500Best Rated
MultiBank FX
Mobile Trading
Both
✓✓General Information
MultiBank FX
Regulation
CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), BaFin (Germany), MAS (Singapore), FSC (Mauritius), CIMA (Cayman Islands)
Founded
N/A
Headquarters
Global (HQ relocated to Dubai; offices in Cyprus, Australia, UAE, etc.)
Overall Rating
IC Markets
Regulation
Founded
N/A
Headquarters
IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.
Overall Rating
Trading Conditions
| Feature | MultiBank FX | IC Markets |
|---|---|---|
| Minimum Deposit | $50.00 | $200.00 |
| Average Spreads | 1.5 pips (Standard) | Starts from 0.0 |
| Maximum Leverage | 1:500 | 1:500 |
| Commission | None | None |
Account Types
MultiBank FX
IC Markets
Platforms & Tools
MultiBank FX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
IC Markets
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
MultiBank FX
Deposit Methods
💳 Visa, 💳 Mastercard, 🏦 Bank Wire, 💼 Neteller, 📩 Skrill, 💰 Perfect Money, ⚡ ThunderX Pay, 🌐 GlobePay, and 🏠 local options
Withdrawal Methods
Same as deposits; no fees; processing within 1–5 business days
Withdrawal Fee
None
IC Markets
Deposit Methods
IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply.
Withdrawal Methods
IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply.
Withdrawal Fee
None
Support
MultiBank FX
Support Languages
English, Spanish, Chinese, Arabic, Russian, German, French, Portuguese, and more
Support Channels
Webinars, video tutorials, e-books, and signal contests. Trading Central integration provides market analysis and signals. Economic calendars and daily market reports offer timely insights. Advanced charting features include custom indicators and templates.
Account Manager
Available
IC Markets
Support Languages
English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.
Support Channels
24/7 support via live chat, email, and phone.
Account Manager
Available
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