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IC Markets vs InstaForex (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: IC Markets (9.2/10).
| IM | I | |
|---|---|---|
| Our score | 9.2/10 | 8.4/10 |
| Founded | 2007 | 2007 |
| Minimum deposit | $200 | $1 |
| Max leverage | Up to 1:1000 | Up to 1:1000 |
| Spreads | From 0.0 pips + $7 round-turn (Raw) · from 0.8 pips (Standard) | From 0 pips (Eurica accounts, commission) · Standard accounts with no commission |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, MultiTerminal, WebTrader, mobile apps |
| Copy trading | Yes – IC Social, ZuluTrade, Myfxbook | Yes – ForexCopy |
| Licences | ASIC, CySEC, SCB, FSA | FSC |
| Available in | ~229 countries | ~231 countries |
| Best for | Scalpers, EA / robot traders, cTrader users | Absolute beginners, micro deposits, copy trading |
| Visit Site | Visit Site |
Why choose IC Markets
- Raw spreads from 0.0 pips with deep liquidity
- MT4, MT5, cTrader and TradingView
- Tier-1 regulation from ASIC and CySEC
- Built for EA and scalping strategies
Why choose InstaForex
- $1 minimum deposit — the lowest anywhere
- Leverage up to 1:1000
- ForexCopy copy-trading system
- MT4, MT5 and MultiTerminal
Verdict
IC Markets is an Australian-founded true-ECN broker known for raw spreads from 0.0 pips, lightning-fast execution and the widest platform choice in the industry — MT4, MT5, cTrader and TradingView. It is a favourite of scalpers and automated (EA) traders worldwide.
InstaForex, founded in 2007, is famous for its $1 minimum deposit, leverage up to 1:1000 and its ForexCopy system that lets beginners follow experienced traders. It supports MT4, MT5 and MultiTerminal and is regulated by the BVI Financial Services Commission.
IC Markets edges ahead in our rating, but many traders open both accounts and use each for what it does best.
Frequently asked questions
Which is better, IC Markets or InstaForex?
Both are excellent. IC Markets scores slightly higher in our rating. Choose IC Markets for: scalpers, ea / robot traders, ctrader users. Choose InstaForex for: absolute beginners, micro deposits, copy trading.
Which has the lower minimum deposit, IC Markets or InstaForex?
IC Markets: $200. InstaForex: $1.
How are IC Markets and InstaForex regulated?
IC Markets: Regulated by ASIC (Australia), CySEC (Cyprus), SCB (Bahamas) and FSA (Seychelles). InstaForex: Regulated by the British Virgin Islands Financial Services Commission (BVI FSC).