ThinkMarkets vs IC Markets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

ThinkMarkets
ThinkMarkets
VS
IC Markets
IC Markets

Quick Summary

Best for Beginners

ThinkMarkets

$0.00

Tightest Spreads

ThinkMarkets

From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero) pips

Highest Leverage

ThinkMarkets

1:Up to 1:500 (non-EU); 1:30 (EU/UK retail)

Best Rated

ThinkMarkets

4.50
/5

Mobile Trading

Both

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General Information

ThinkMarkets

Regulation

CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

IC Markets

Regulation

Founded

N/A

Headquarters

IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.

Overall Rating

4.00/5

Trading Conditions

Feature ThinkMarkets IC Markets
Minimum Deposit $0.00 $200.00
Average Spreads From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero) Starts from 0.0
Maximum Leverage Up to 1:500 (non-EU); 1:30 (EU/UK retail) 1:500
Commission None None

Account Types

ThinkMarkets

Standard Accounts Islamic Account ECN Accounts Classic Account Copy Trading Accounts Raw Account

IC Markets

Standard Accounts Raw Account

Platforms & Tools

ThinkMarkets

MetaTrader 4, MetaTrader 5, WebTrader, TradingView

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

ThinkMarkets

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, PayPal, Skrill, Neteller, Apple Pay, Google Pay, Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash via BitPay)

Withdrawal Methods

Same as deposits; processed to source method within 24 hours

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

ThinkMarkets

Support Languages

English, Arabic, Chinese, French, German, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese (12+ total)

Support Channels

24/5 live chat, email, phone; multilingual

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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