Side-by-side broker analysis
IC Markets vs PrimeXBT
Live comparison from our broker database — regulation, trading costs, platforms, deposits, safety scores, and service quality.
PrimeXBT
Lowest min. deposit
PrimeXBT
$10
Highest rating
IC Markets
5.0/5
Best safety score
PrimeXBT
54/100
PrimeXBT leads this comparison based on leads on rating, safety, regulation, and overall trading profile in our database.
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Overview
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Overall rating | 5.0/5 | 4.2/5 |
| Safety score | 43/100 | 54/100 |
| Risk status | High Risk | High Risk |
| Trust score | — | — |
| User reviews | 1 | — |
| Founded | — | — |
| Headquarters | IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles. | Seychelles / Saint Lucia / South Africa |
| Top feature | Offers ultra-low spreads from 0.0 pips with fast execution speeds. | — |
Regulation & Safety
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Regulators | — | FSCA (South Africa), FSC (Mauritius), FSA (Seychelles) |
| Regulatory tier | — | — |
| Broker type | Unregulated | Regulated |
| Investor protection | No | No |
| Segregated funds | Yes | Yes |
| Negative balance protection | No | No |
Trading Conditions
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Minimum deposit | $200 | $10 |
| Average spreads | Starts from 0.0 | from 0.1 pips |
| Commission | None | None |
| Maximum leverage | 1:500 | 1000:1 |
| Fee level | Medium | Medium |
| Withdrawal fee | — | — |
Accounts & Markets
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Account types | Standard Account, Raw Spread Account | Standard Margin Account |
| Tradable instruments | — | — |
| Markets | — | — |
Platforms & Tools
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Trading platforms | — | MetaTrader 5, WebTrader, TradingView |
| Mobile trading | Yes | Yes |
| Web trader | Yes | Yes |
| VPS hosting | Yes | Yes |
| Social trading | Yes | Yes |
Deposits & Withdrawals
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| 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. | 🪙 Cryptocurrencies (BTC, ETH, USDT, USDC, and more) | 💵 Fiat via third-party providers (e.g., Perfect Money, Volet, bank cards) | 🔄 Instant crypto-to-crypto & fiat-to-crypto exchanges within the platform (e.g., via MetaMask, Coinify, AdvCash, etc.) |
| 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. | 🪙 Cryptocurrency withdrawals only (BTC, ETH, USDT, USDC, COV, etc.) | 🔒 Withdrawals processed once daily at 12:00 UTC (can cancel before cutoff) | 💼 Withdraw to external wallets (no fiat withdrawal support) |
| Payment methods | Bank Wire Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Broker to Broker Transfer. | 🪙 Crypto Wallets | 💳 Credit/Debit Cards (Visa, Mastercard via third-party) | 🏦 Bank Transfers (limited availability) | 📲 E-Wallets (e.g., Perfect Money, Volet) |
Support & Service
| Metric |
IC Markets
|
PrimeXBT
|
|---|---|---|
| Support channels | 24/7 support via live chat, email, and phone. | 24/7 support via live chat, email, and phone, with a reputation for responsiveness and professionalism. |
| Languages | English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese. | Supports multiple languages, including English, Spanish, Chinese, Russian, and 20+ others for global accessibility. |
| Account managers | Yes | Yes |
Still deciding between IC Markets and PrimeXBT?
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