IC Markets vs IG: deposit, leverage, spreads and platforms
How much do you need to start?
$0 vs No minimum to open
minimum deposit at IC Markets, then IG, in their own words.
Read · both brokers' own pages · Link to this fact
CFD risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Data, not advice.
IC Markets
- Minimum deposit
- $0
- Maximum leverage (retail)
- 1:5000 on FX
- Spread, standard account
- from 0.8 pips, no commission (Standard)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC mobile…
- Swap-free (Islamic) account
- yes, on Raw Spread and Standard
IG
- Minimum deposit
- No minimum to open
- Maximum leverage (retail)
- 1:200 on major forex, major indices and spot gold for retail
- Spread, standard account
- Forex CFDs: no commission, cost built into the spread
- Platforms
- IG web platform and app, TradingView, MetaTrader 4, MetaTrader 5…
- Swap-free (Islamic) account
IC Markets and IG, fact by fact
| Fact | IC Markets | IG |
|---|---|---|
| Minimum deposit | $0 (Raw Spread, cTrader and Standard); Raw Pro $5,000; Raw Pro+ $100,000 Sourceic.comTrading Platform Commission Minimum Deposit Spreads from (pips) Leverage… Account Raw Pro + MetaTrader $1.0 ($2.0 per lot round turn) $100,000 0.0 1:5000… Account Raw Pro MetaTrader $1.5 ($3.0 per lot round turn) $5,000 0.0 1:5000… Account Standard MetaTrader $0 $0 0.8 1:5000· ic.com, read | No minimum to open+2 more |
| Maximum leverage (retail) | 1:5000 on FX (Raw Trading Ltd, Seychelles FSA); dynamic, lower above 25 lots Sourceic.comup to 1:5000 leverage on FX… Tier 1: 0–25 lots → 1:5000 Tier 2: 25–50 lots → 1:3000· ic.com, read | 1:200 on major forex, major indices and spot gold for retail In fullig.com1:200 on major forex, major indices and spot gold for retail (IG International, Bermuda)EUR/USD 0.5% 1:200 GBP/USD 0.5% 1:200… Retail 1 Leverage equivalent· ig.com, read |
| Spread, standard account | from 0.8 pips, no commission (Standard) Sourceic.comAccount Standard Trading Platform MetaTrader Commission (per lot per side) $0 Spreads from (pips) 0.8· ic.com, read | Forex CFDs: no commission, cost built into the spread+1 more In fullig.comForex CFDs: no commission, cost built into the spread; Spreads as low as 0.1 points (headline across markets)We do not charge commission for trading forex CFDs. The cost is built into the spread.… with spreads as low as 0.1 points· ig.com, read |
| Commission, raw-spread account | $3.50 per lot per side on Raw Spread, spreads from 0.0+2 more In fullic.com$3.50 per lot per side on Raw Spread (MetaTrader), spreads from 0.0; $3.0 per USD 100k on cTrader; Raw Pro $1.50, Raw Pro+ $1.00 per sideAccount Raw Spread Trading Platform MetaTrader Commission (per lot per side) $3.5 Spreads from (pips) 0.0… Account Raw Spread (cTrader) Trading Platform cTrader, TradingView Commission (per USD 100k) $3.0… Account Raw Pro Trading Platform MetaTrader Commission (per lot per side) $1.5… Account Raw Pro + Trading Platform MetaTrader Commission (per lot per side) $1.0· ic.com, read | |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC mobile app Sourceic.comTrading Platform MetaTrader TradingView NEW cTrader WebTrader IC Social… MetaTrader 5 RECOMMENDED MetaTrader 4 MetaTrader WebTrader· ic.com, read | IG web platform and app, TradingView, MetaTrader 4, MetaTrader 5…+1 more In fullig.comIG web platform and app, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer; APIsIG offers an online trading platform and mobile app, plus third-party platforms including TradingView, MetaTrader 4, MetaTrader 5, ProRealTime and L2 Dealer.· ig.com, read |
| Account types | Standard, Raw Spread, Raw Spread, Raw Pro, Raw Pro+, Swap Free In fullic.comStandard, Raw Spread (MetaTrader), Raw Spread (cTrader), Raw Pro, Raw Pro+, Swap FreeAccount Overview Raw Spread Account cTrader Raw Spread Account Standard Swap Free Account… NEW Account Raw Pro + Trading Platform MetaTrader… NEW Account Raw Pro Trading Platform MetaTrader· ic.com, read | |
| Swap-free (Islamic) account | yes, on Raw Spread and Standard+1 more In fullic.comyes, on Raw Spread and Standard (MT4, MT5, cTrader); flat overnight holding fee appliesIC offers Swap free accounts for clients who cannot earn or pay interest due to their religious beliefs… available on both our Raw Spread and Standard account types on the MetaTrader4, MetaTrader 5 and cTrader platforms… a holding fee will be applicable for holding open positions overnight· ic.com, read | |
| Copy trading and trade copiers | yes: IC Social, Signal Start, ZuluTrade, cTrader Copy Sourceic.comIC Social Signal Start ZuluTrade… cTrader Algo cTrader Copy Trading· ic.com, read | |
| Ways to deposit | cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, BPAY, FasaPay… In fullic.comcards, PayPal, Neteller, Skrill, UnionPay, wire transfer, BPAY, FasaPay, broker-to-broker, POLi, Thai internet banking, Rapidpay, Klarna, Vietnamese internet banking, crypto (BTC, ETH, USDC, USDT)Funding option Credit and Debit Cards… Funding option PayPal… Funding option Neteller… Funding option Skrill… Funding option UnionPay… Funding option Wire Transfer… Funding option Bpay… FasaPay Accepted Currencies: USD… Funding option Broker to Broker… Funding option POLI… Funding option Thai Internet Banking… Funding option Rapidpay… Funding option Klarna… Funding option Vietnamese Internet Banking… Funding option Cryptocurrency Accepted Currencies: BTC ETH USDC USDT· ic.com, read | Debit card, credit card, HKD FPS, bank transfer to HSBC Hong Kong or…+3 more In fullig.comDebit card (free), credit card (Visa 1%, Mastercard 0.5%), HKD FPS, bank transfer to HSBC Hong Kong or Standard Chartered Singapore; Wise; no cash, cheques or prepaid cards; Credit card, Wise or bank transferDebit Card Execution time: Instant deposit… Credit Card Execution time: Instant deposit… HKD FPS Execution time: Typically within one business day.… Transfer to our HK based HSBC account… Transfer to our Singapore based Standard Chartered Bank account… We cannot accept cash, cheques, ATM and teller payments, commercial credit cards, business credit cards or prepaid cards… Deposit via credit card, Wise or bank transfer.· ig.com, read |
| Account currencies | 10: AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF Sourceic.comIC offers over 15 flexible funding options in 10 different base currencies… AUD - Australian Dollar USD - United States Dollar EUR - Euro CAD - Canadian Dollar GBP - British Pound (Sterling) SGD - Singapore Dollar NZD - New Zealand Dollar JPY - Japanese Yen HKD - Hong Kong Dollar CHF - Swiss Franc· ic.com, read | Bank-transfer currencies listed: USD, HKD, EUR, GBP, AUD, SGD Sourceig.comUS Dollars (USD) 741-183206- 201 Hongkong Dollars (HKD) 741-183206- 001 Euro (EUR) 741-183206-220 Sterling (GBP) 741-183206-202 Australian Dollars (AUD) 741-183206-203 Singapore Dollars (SGD)· ig.com, read |
| Deposit and withdrawal fees | none charged by IC; intermediary bank fees may apply Sourceic.comIC does not charge any additional fees for deposits or withdrawals… you may incur fees, such as intermediary fees, on payments to and from some international banking institutions· ic.com, read | Debit card free+2 more In fullig.comDebit card free; credit card Visa 1%, Mastercard 0.5%; bank transfers free (your bank may charge)Cost: Free for Visa and MasterCard.… Cost: 1% charge for Visa and 0.5% charge for MasterCard.… International bank wire transfers may incur fees charged by your bank.· ig.com, read |
| Negative balance protection | Yes, for trading-related debt; not for professional traders Sourceig.comNegative balance protection applies to trading-related debt only, is not available to professional traders· ig.com, read | |
| What you can trade | CFDs on forex, commodities, indices, synthetic indices, bonds, crypto… In fullic.comCFDs on forex, commodities, indices, synthetic indices, bonds, crypto, stocks (incl. 24-hour stock CFDs) and futuresRange of Products Forex CFDs Commodities CFDs Indices CFDs Synthetic Indices CFDs NEW Bonds CFDs Cryptocurrency CFDs Stocks CFDs 24Hr Stock CFDs NEW Futures CFDs· ic.com, read | 17,000+ markets: forex, indices, shares, commodities, crypto, ETFs via…+2 more In fullig.com17,000+ markets: forex (90+ pairs), indices (80+), shares (13,000+), commodities, crypto, ETFs (5,400+) via CFDs; options, knock-outs; 90+ forex pairs (major, minor, exotic)Go long or short on 17,000+ markets… Trade 80+ global indices like the US 500 & FTSE 100.… Choose from 5,400+ ETFs across a range of markets.… Access 90+ major, minor, and exotic forex pairs.· ig.com, ig.com, read |
| Regulators, as the broker states them | Seychelles Financial Services Authority (FSA), Securities Dealer licence SD018 Sourceic.comRaw Trading Ltd, IC, is authorised by the Seychelles Financial Services Authority as a Securities Dealer for the provision of financial services under License NO SD018· ic.com, read | Bermuda Monetary Authority (IG International Limited) Sourceig.comIG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.· ig.com, read |
| Companies | Raw Trading Ltd (trades as IC and IC Markets Global; Seychelles, reg. 8419879-1) Sourceic.comIC and IC Markets Global are the trading names of Raw Trading Ltd… Raw Trading Ltd registered in Seychelles with registration number: 8419879-1· ic.com, read | IG International Limited+1 more In fullig.comIG International Limited (Bermuda); part of IG Group (parent IG Group Holdings Plc)CFD Accounts provided by IG International Limited.… IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc.· ig.com, read |
| US access | no Sourceic.comRaw Trading Ltd does not provide services for residents of certain countries such as the United States of America· ic.com, read | no (site not directed at US residents) Sourceig.comThe information on this site is not directed at residents of the United States· ig.com, read |
| Restricted countries | United States, Canada, Iran, North Korea, plus anywhere contrary to… In fullic.comUnited States, Canada, Iran, North Korea (named examples), plus anywhere contrary to local lawRaw Trading Ltd does not provide services for residents of certain countries such as the United States of America, Canada, Iran and North Korea (Democratic People's Republic of Korea) or a country where such distribution or use would be contrary to local law or regulation· ic.com, read |
Where each takes clients
| Country | IC Markets | IG |
|---|---|---|
 Bangladesh | Yes judged Bangladesh isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Bangladesh licence for IG. |
 India | No judged The RBI Alert List names IC Markets among forex platforms. | No judged The RBI Alert List names IG Markets among forex platforms. |
 Indonesia | Yes judged Indonesia isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Indonesia licence for IG. |
 Kenya | Yes judged Kenya isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Kenya licence for IG. |
 Malaysia | Yes judged Malaysia isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Malaysia licence for IG. |
 Nigeria | Yes judged Nigeria isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Nigeria licence for IG. |
 Pakistan | Yes judged Pakistan isn't on IC Markets' list of places it doesn't serve. | Unclear We hold no country list or Pakistan licence for IG. |
 South Africa | Yes judged South Africa isn't on IC Markets' list of places it doesn't serve. | Yes IG names a company for South Africa: IG Markets South Africa Ltd. |
 the UAE | Yes judged The UAE isn't on IC Markets' list of places it doesn't serve. | Yes judged IG names a company for the UAE: IG Limited. |
 the UK | Yes judged The UK isn't on IC Markets' list of places it doesn't serve. | Yes IG names a company for the UK: IG Index Ltd, IG Markets Ltd. |
 the US | No IC Markets' own page names the US as a place it doesn't serve. | Yes IG names a company for the US: IG US LLC. |