Broker comparison

BBS Markets vs IC Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers BBS Markets and IC Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
BBS Markets
Rating
3.4/5
Rank
#68
Register

Trading CFDs carries high risks. You may lose all invested funds

IC MarketsHigher ranked
Rating
4.7/5
Rank
#6
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - BBS Markets or IC Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

IC Markets ranks higher in the editorial ranking.
BBS Markets
Rating: 3.4/5Rank: #68
IC Markets
Rating: 4.7/5Rank: #6

BBS Markets

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed

IC Markets

Minimum deposit · USD
200 USD
Different platforms
  • MetaTrader 4
  • cTrader
  • TradingView
Different markets
  • Soft Commodities
  • ETF
  • Bonds

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of BBS Markets and IC Markets

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Overview: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Foundation Year
2025
2007
Regulated in Countries
—
Seychelles, Australia, Cyprus, Kenya
Minimum Deposit
  • 10 EUR
  • 10 GBP
  • 10 USD
  • 200 AUD
  • 200 CHF
  • 200 EUR
  • 200 GBP
  • 1500 HKD
  • 30000 JPY
  • 200 NZD
  • 200 SGD
  • 200 USD
Spread
from 0.3 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Review

BBS Markets Review

BBS Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5

BBS Markets is a young Forex and CFD broker operating through MetaTrader 5 and catering to both self-directed trading and investment services. The company offers several account types and access to the main classes of trading instruments, but it currently has a relatively short operating history and limited regulatory oversight.

The broker is primarily suitable for traders who are already familiar with MetaTrader 5 and are prepared to work with a company that is not licensed by a major financial regulator. BBS Markets may also appeal to beginners due to its low entry threshold and to investors who prefer copy trading or PAMM accounts

Pros and Cons of BBS Markets

Pros

  1. Low minimum deposit starting from $10 and a cent account.
  2. Demo accounts, copy trading, and a PAMM service.
  3. Leverage up to 1:1000 and a dynamic leverage calculation system.
  4. Deposits and withdrawals with no fees charged by the broker, with support for cards, bank transfers, and cryptocurrencies.
  5. Synthetic indices and GOLD247/OIL247 instruments available for 24/7 trading.

Cons

  1. No license from a reputable financial regulator, and the broker has only operated since 2025.
  2. Spreads on the Standard account are above the market average.
  3. Limited asset selection—around 200 instruments, with no soft commodities.
  4. Weak research and virtually no educational materials.
  5. MetaTrader 5 is the only available trading platform; there is no proprietary platform or MT4.

IC Markets Review

IC Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView

IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.

IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.

Pros and Cons of IC Markets

Pros

  1. A wide range of trading assets.
  2. Low spreads.
  3. Variety of trading platforms.
  4. Quality educational materials.
  5. Efficient customer support service.

Cons

  1. High minimum deposit.

IC Markets is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Reliability
2/5
5/5
Foundation Year
2025
2007
Regulated in Countries
-
Seychelles, Australia, Cyprus, Kenya
Regulators
-

BBS Markets

BBS Markets has below-average reliability: the broker is officially registered and discloses legal documents, but it operates without a license from a recognized financial regulator and has a short operating history.

Pros

  1. Official company registration.
  2. Key legal documents are published.
  3. Segregation of client funds is claimed.

Cons

  1. No license from a reputable financial regulator.
  2. No confirmed compensation scheme.
  3. The broker has only operated since 2025.

IC Markets

IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.

Account Opening

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Account Opening: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Account Opening
4.5/5
4.5/5
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY

BBS Markets

Opening an account with BBS Markets is simple and straightforward: registration is completed online, and a trading account can be created in the client portal. The drawbacks are the lengthy questionnaire and mandatory verification.

Pros

  1. Fully online registration.
  2. Straightforward selection of account type and currency.

Cons

  1. Lengthy registration form.

IC Markets

The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.

Account Types

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Account Types: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Account Types
4.5/5
3.8/5
Trading Accounts
  • Standard
  • VIP
  • Bonus
  • Cent
  • Standard
  • Raw Spread cTrader
  • Raw Spread
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY
Spread
from 0.3 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

BBS Markets

BBS Markets offers a reasonably flexible range of accounts for beginners, active traders, and investors. Cent and demo accounts, copy trading, and PAMM are available, but there are few differences between the main accounts.

Pros

  1. CENT and demo accounts are available.
  2. Copy trading and PAMM are available.
  3. Low entry threshold.

Cons

  1. The main accounts differ little from one another.
  2. VIP requires a considerably larger deposit.

IC Markets

IC Markets' accounts are mainly aimed at experienced and professional traders.

Pros

  1. ECN accounts
  2. Ability to copy trades
  3. Access to VPS

Cons

  1. No cent accounts
  2. No fixed spread accounts

Commissions

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Commissions: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Commissions
3/5
4.5/5
Spread
from 0.3 points
from 0 points
Average Spread (EURUSD)
1.6
0.62
Commission
No data
per 1 lot$3.50

BBS Markets

BBS Markets' fees can be considered average: spreads on the Standard account are above the market average, swap rates are typical, and the broker does not charge for withdrawals.

Pros

  1. No withdrawal fee.
  2. Average swap rates.

Cons

  1. Spreads are above the market average.
  2. An inactivity fee applies.

IC Markets

IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Rating
4.5/5
4.5/5
Account Funding Methods
  • Bank Transfer
  • Visa
  • Mastercard
  • PayPal
  • Neteller
  • Skrill
  • Bpay
  • FasaPay
  • Klarna
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • UnionPay
  • POLi
  • Rapidpay

BBS Markets

BBS Markets offers convenient deposits and withdrawals, with a good selection of methods and no fees of its own. Transactions are processed quickly, but the available methods and processing times depend on the region and payment provider.

Pros

  1. No broker fees for deposits or withdrawals.
  2. Cards, bank transfers, and cryptocurrencies are available.
  3. Fast processing of withdrawal requests.

Cons

  1. Methods depend on the client's country.
  2. Payment provider fees may apply.

IC Markets

IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.

Markets and Products

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Markets and Products: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Markets and Products
3.7/5
5/5
Forex
76
61
Precious Metals
3
7
Energy Carriers
2
5
Indices
12
25
Stocks
82
2175
Cryptocurrency
10
21
Soft Commodities
-
8
ETF
-
38
Bonds
-
10

BBS Markets

BBS Markets offers an average range of markets: around 200 instruments, including Forex, stocks, cryptocurrencies, and synthetic indices. The selection is reasonable but falls short of major brokers, and soft commodities are unavailable.

Pros

  1. The main asset classes are available.
  2. Synthetic indices are available.
  3. Leverage up to 1:1000.

Cons

  1. Only around 200 instruments.
  2. No soft commodities.

IC Markets

IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.

Trading Platforms

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Trading Platforms: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Rating
3.5/5
5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView

BBS Markets

BBS Markets offers the full MetaTrader 5 platform for desktop, browser, and mobile devices. The platform is feature-rich and suitable for most traders, but the broker has no proprietary terminal.

Pros

  1. MT5 for Windows, iOS, and Android.
  2. A web terminal is available.
  3. Algorithmic trading is supported.

Cons

  1. No proprietary platform.
  2. The platform selection is limited to MT5.

IC Markets

IC Markets provides powerful and functional trading platforms suitable for various trader categories.

Analytics

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Analytics: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Rating
2/5
5/5

BBS Markets

BBS Markets' research offering is weak: the broker mainly provides an economic calendar and MT5 tools but does not publish regular reviews, forecasts, signals, or expert content.

Pros

  1. An economic calendar is available.

Cons

  1. No regular market reviews.
  2. No trading signals.
  3. No proprietary expert research.

IC Markets

IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.

Education

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Education: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Rating
2/5
5/5

BBS Markets

Education at BBS Markets is virtually nonexistent: there are no courses, webinars, video lessons, or structured materials for beginners. Clients will have to use third-party resources to learn about trading.

Cons

  1. No courses or educational articles.
  2. No webinars or video lessons.
  3. No materials for beginners.

IC Markets

IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.

Customer Support

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Customer Support: comparison of BBS Markets, IC Markets
BrokerBBS MarketsIC Markets
Rating
4.5/5
4.7/5
Email Support
Hotline Phones
—
Social Media

BBS Markets

BBS Markets' support appears reasonably strong: live chat, email, and a contact form are available, while reviews mostly mention fast responses.

Pros

  1. Several contact channels.
  2. 24/6 support.
  3. Mostly positive reviews.

Cons

  1. Few independent reviews.
  2. Short customer support track record.

IC Markets

IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.

Pros

  1. Positive reviews about professional support
  2. Multiple channels for support communication
  3. Support is available 24/7

Cons

  1. Only international call option is available

Comparisons of BBS Markets and IC Markets with other brokers

Conclusion

When choosing between IC Markets and BBS Markets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: BBS Markets or IC Markets?

IC Markets ranks higher than BBS Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: BBS Markets or IC Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — BBS Markets or IC Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with BBS Markets and IC Markets?

BBS Markets: MetaTrader 5. IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.

What markets can you trade with BBS Markets and IC Markets?

BBS Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by BBS Markets and IC Markets?

BBS Markets: Standard, VIP, Bonus, Cent. IC Markets: Standard, Raw Spread cTrader, Raw Spread. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by BBS Markets and IC Markets?

BBS Markets: Bank Transfer, Visa, Mastercard. IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. Check method-specific fees/settlement times.

Which broker is safer — BBS Markets or IC Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.