IC Markets vs LBX Comparison: Which Is Better for Traders?
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 - IC Markets or LBX?
Our pick: IC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IC Markets looks preferable to LBX.
IC Markets scored 4.7/5 and ranks 4 in our all Forex brokers list, whereas LBX has 4.1/5 and ranks 42.
This is not financial advice. See the full comparison below.
Who is IC Markets suitable for?
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Who is LBX suitable for?
LBX is suitable for experienced traders and scalpers focused on Forex and cryptocurrencies, high leverage, MT4/MT5, and fast payments.
Comparison Table of IC Markets and LBX
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 4.7/5 | 4.1/5 |
| Foundation Year | 2007 | 2025 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | Mauritius |
| Minimum Deposit |
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| Spread | from 0 points | from 0.2 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | IC Markets Review | LBX Review |
IC Markets Review
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
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
LBX Review
LBX is a CFD broker with a clear focus on Forex and cryptocurrencies, offering a standard but practical set of trading solutions. The broker is primarily suitable for experienced and active traders who value high leverage, support for MetaTrader 4 and 5, fast payment operations, and a simple account structure. LBX may also be of interest to traders using algorithmic strategies and those who do not need educational materials and advanced analytics.
Pros and Cons of LBX
Pros
- Convenient conditions for Forex and crypto trading: about 140 CFD instruments with a focus on currencies and cryptocurrencies.
- Clear account lineup (Standard and Raw Spread), support for MT4 and MT5, algorithmic trading.
- Fast deposits and withdrawals, a wide choice of payment methods, often with no broker-side fees.
- Leverage up to 1:1000 and negative balance protection.
- 24/7 technical support with multiple contact channels and generally positive reviews.
Cons
- Offshore regulation (FSC Mauritius), with no Tier-1 regulator licenses.
- No stocks or investment products; the market selection is narrower than with universal brokers.
- Almost no educational materials—only an FAQ.
Reliability
| Broker | IC Markets | LBX |
|---|---|---|
| Reliability | 5/5 | 3.5/5 |
| Foundation Year | 2007 | 2025 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | Mauritius |
| Regulators |
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.
LBX
LBX is an offshore CFD broker from the Libertex Group, operating via MAEX Limited under the supervision of the FSC Mauritius. There is regulation, but it is not Tier-1; the level of protection is basic, without “premium” oversight.
Pros
- Active FSC Mauritius license
- Negative balance protection
Cons
- Offshore jurisdiction (not Tier-1)
- Short track record of the LBX brand
Account Opening
| Broker | IC Markets | LBX |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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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.
LBX
The account opening process at LBX is clear and fairly quick: registration takes a few minutes, and a demo account is available right away. The questionnaire and verification are standard, but relatively detailed.
Pros
- Fast online registration
- A demo account is available immediately
- Modern and user-friendly interface
Account Types
| Broker | IC Markets | LBX |
|---|---|---|
| Account Types | 3.8/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.2 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
LBX
LBX’s account lineup is basic but practical: there are options for beginners and active traders, a demo account, and copy trading. It’s enough for most needs, but without advanced formats.
Pros
- Standard and Raw Spread for different trading styles
- Demo account without verification
- Copy trading support
Cons
- Small selection of account types
- No investment or special accounts
Commissions
| Broker | IC Markets | LBX |
|---|---|---|
| Commissions | 4.5/5 | 4/5 |
| Spread | from 0 points | from 0.2 points |
| Average Spread (EURUSD) | 0.62 | 1.6 |
| Commission per Lot | $3.5 | $3 |
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.
LBX
LBX’s fees are around the market average. There are no significant pricing advantages.
Pros
- Average market spreads and swaps
- No in-house deposit/withdrawal fees
Cons
- Inactivity fee after 90 days
Deposit and Withdrawal
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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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.
LBX
LBX offers a convenient and fast payment infrastructure: a wide range of methods, frequent instant transactions, and transparent fees.
Pros
- Wide choice of payment methods
- Often instant deposits and withdrawals
- In most cases, 0% fees
Cons
- Fees for certain local methods
Markets and Products
| Broker | IC Markets | LBX |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 61 | 64 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 8 | 9 |
| Indices | 25 | 15 |
| Stocks | 2175 | - |
| ETF | 38 | - |
| Bonds | 10 | - |
| Cryptocurrency | 21 | 44 |
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
LBX
LBX offers about 140 CFD instruments with a focus on Forex and cryptocurrencies. For FX strategies, the selection is sufficient, but the range is narrower than with universal brokers.
Pros
- Strong selection of currency pairs
- Wide range of cryptocurrencies
- Includes indices, metals, and soft commodities
Cons
- No stocks
- Limited number of markets
Trading Platforms
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
LBX
LBX offers MT4 and MT5—reliable and functional platforms suitable for most strategies, including algo trading. The choice is sufficient, but without alternative solutions.
Pros
- Support for MetaTrader 4 and 5
- Desktop, web, and mobile versions
Cons
- No proprietary platform
- No alternatives (cTrader, TradingView)
Analytics
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
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.
LBX
LBX’s analytics are basic: there are key calendars to track events and trading hours, but without in-depth expertise or signals. Suitable for general orientation, not for deep analysis.
Pros
- Economic calendar
- Market holidays calendar
Cons
- No expert analysis
- No trading signals
- Limited toolset
Education
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 5/5 | 2/5 |
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.
LBX
Educational materials at LBX are virtually absent: there is only an FAQ section with reference information. For beginners and skill development, this is not enough.
Pros
- Answers to basic questions
Cons
- No courses or lessons
- No videos or webinars
- No educational analysis
Customer Support
| Broker | IC Markets | LBX |
|---|---|---|
| Rating | 4.7/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
Facebook
Instagram
LinkedIn
TikTokIC 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
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
LBX
LBX customer support works steadily and efficiently: various contact channels are available, 24/7 support, and quick responses. According to user reviews, issues are resolved properly and without delays.
Pros
- Online chat, email, and phone
- 24/7 support
- Positive customer reviews
Comparisons of IC Markets and LBX with other brokers
Conclusion
IC Markets stands out as the better overall pick, while LBX trails on aggregate criteria.
IC Markets scored 4.7/5 and ranks 4 in our rating; LBX has 4.1/5 and ranks 42.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: IC Markets or LBX?
IC Markets comes out ahead by overall rank (score 4.7/5, position 4) versus LBX (score 4.1/5, position 42).
Which broker is better for beginners: IC Markets or LBX?
IC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — IC Markets or LBX?
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 IC Markets and LBX?
IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. LBX: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with IC Markets and LBX?
IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. LBX: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by IC Markets and LBX?
IC Markets: Standard, Raw Spread cTrader, Raw Spread. LBX: Standard, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IC Markets and LBX?
IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. LBX: Skrill, Neteller, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — IC Markets or LBX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
