HF Markets vs IC Markets Comparison

Last updated Mar 28, 2025
HF Markets LogoHF Markets
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
IC Markets LogoIC Markets
4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

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

Comparison Table of HF Markets and IC Markets

BrokerHF MarketsIC Markets
Rating
4.3/5
4.7/5
Foundation Year20092007
Regulated in CountriesSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, KenyaSeychelles, Australia, Cyprus, Kenya
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
ReviewHF Markets Review IC Markets Review

HF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.

IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.

HF Markets Review

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

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

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
compare IC Markets trading accounts

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

BrokerHF MarketsIC Markets
Reliability
5/5
5/5
Foundation Year20092007
Regulated in CountriesSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, KenyaSeychelles, Australia, Cyprus, Kenya
Regulators
-

HF Markets

HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.

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

BrokerHF MarketsIC Markets
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY

HF Markets

The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.

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

BrokerHF MarketsIC Markets
Account Types
5/5
3.8/5
Trading Accounts
  • Cent
  • Premium
  • Zero
  • Pro
  • Standard
  • Raw Spread cTrader
  • Raw Spread
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 200 USD
  • 200 EUR
  • 200 CHF
  • 200 GBP
  • 200 AUD
  • 200 NZD
  • 200 SGD
  • 1500 HKD
  • 30000 JPY
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView
Demo Account
Swap-free Account

HF Markets

The broker offers a range of accounts to satisfy the needs of diverse traders.

Pros

  1. A wide selection of account types to suit different requirements.
  2. Specialized accounts, such as Cent and Islamic accounts.
  3. The opportunity to copy trades from successful traders.

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

BrokerHF MarketsIC Markets
Commissions
2/5
4.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.50.62
Commission per Lot$3$3.5

HF Markets

HF Markets' commissions are above average for the market.

Pros

  1. No fees for deposits/withdrawals.

Cons

  1. Spreads are above average
  2. High swaps for long-term trading.
  3. Inactivity fee.

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

BrokerHF MarketsIC Markets
Rating
5/5
4.5/5
Account Funding Methods
  • Skrill
  • Perfect Money
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard
  • PayPal
  • Neteller
  • Skrill
  • Bpay
  • FasaPay
  • Klarna
  • Swift
  • SEPA
  • Visa
  • Mastercard
  • UnionPay
  • POLi
  • Rapidpay

HF Markets

HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.

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

BrokerHF MarketsIC Markets
Markets and Products
4.5/5
5/5
Forex5361
Precious Metals67
Energy Carriers25
Soft Commodities58
Indices1125
Stocks952175
ETF3338
Bonds310
Cryptocurrency4021

HF Markets

HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.

IC Markets

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

Trading Platforms

BrokerHF MarketsIC Markets
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • MetaTrader 5
  • MetaTrader 4
  • cTrader
  • TradingView

HF Markets

HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.

IC Markets

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

Analytics

BrokerHF MarketsIC Markets
Rating
5/5
5/5

HF Markets

HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.

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

BrokerHF MarketsIC Markets
Rating
5/5
5/5

HF Markets

HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.

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

BrokerHF MarketsIC Markets
Rating
4.2/5
4.7/5
Email Support
  • support@hfm.com
  • clientrelations@icmarkets.com
  • support@icmarkets.com
  • accounts@icmarkets.com
Hotline Phones
  • +44-2030978571
  • +2484671976
Social Media

HF Markets

HF Markets' customer support is efficient, available through various channels, and responds quickly.

Pros

  1. Variety of communication channels (email, phone, online chat).
  2. Quick and professional response.
  3. Positive user feedback.

Cons

  1. Absence of instant messaging for quick communication.
  2. Lack of national phone lines.
  3. Support is limited to working days (24/5).

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

Alternatives to HF Markets and IC Markets

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