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Best IC Markets Alternatives 2026

We ranked substitutes that actually make sense for IC Markets users — prioritizing similar regulation, platform overlap, account fit, and obvious upgrade paths instead of recycling a generic top-brokers list.

IC Markets scores 8.8/10 in our review model, which means this is not a “run away” page. It is a switch page. The shortlist below is tuned for traders who want something close in profile, but better on one of the usual pain points: costs, platform workflow, regulation, or product depth.

The top match right now is GO Markets, because it overlaps most cleanly with IC Markets on platform stack, account fit, and broker profile while still offering a stronger overall package.

Best lower-fee switch

FP Markets

Trading-cost score: 8.5/10 · spreads from 0.0 pips

Best platform upgrade

AvaTrade

Platforms: MT4, MT5, AvaTradeGO

Best trust-first option

AvaTrade

Regulation score: 9.5/10

Top 5 Alternatives to IC Markets

# Broker Why it fits Overall Score Min Deposit Spreads Regulation
1
G
GO Markets Alt fit score: 25.4
Closest like-for-like substitute thanks to shared platform coverage (MT4, MT5). 7.8 $200 0.0 pips
ASIC CySEC FSA
Review →
2
A
AvaTrade Alt fit score: 23.8
Closest like-for-like substitute thanks to shared platform coverage (MT4, MT5). 8.3 $100 0.9 pips
CySEC ASIC FSA
Review →
3
D
Doo Financial Alt fit score: 23.0
Closest like-for-like substitute thanks to shared platform coverage (MT4, MT5). 7.9 $100 0.1 pips
FCA CySEC ASIC
Review →
4
F
FP Markets Alt fit score: 23.0
Closest like-for-like substitute thanks to shared platform coverage (MT4, MT5). 8.2 $100 0.0 pips
ASIC CySEC
Review →
5
A
Afterprime Alt fit score: 22.8
Closest like-for-like substitute thanks to shared platform coverage (MT4, MT5). 7.6 $200 0.0 pips
CySEC ASIC
Review →

IC Markets vs GO Markets — Side by Side

I

IC Markets

Est. 2007

8.8
Min Deposit $200
Spreads From 0.0 pips
Max Leverage 1:500
Instruments 2,200
Trading Costs 9.5/10
Platforms 9.0/10
Regulation
ASIC CySEC FSA
G

GO Markets

Est. 2006

7.8
Min Deposit $200
Spreads From 0.0 pips
Max Leverage 1:500
Instruments 350
Trading Costs 8.0/10
Platforms 8.0/10
Regulation
ASIC CySEC FSA

Why traders switch from IC Markets

Costs are already competitive, so the better reason to switch is usually platform fit or product access rather than shaving a fraction of a pip.

IC Markets already has a respectable platform stack, so switching makes more sense if you want a different workflow than MT4, MT5, cTrader.

IC Markets is already strongly regulated, so alternatives should be judged more on execution, platforms, and account terms than on trust alone.

Frequently Asked Questions

What is the best alternative to IC Markets?
Right now, GO Markets is the strongest like-for-like substitute. It keeps the closest profile match to IC Markets while landing a stronger overall score at 7.8/10.
Which alternative has the lowest fees?
Among the top substitutes, FP Markets is the clearest cost-led option. It scores 8.5/10 for trading costs in our testing and starts from 0.0 pips spreads.
Is IC Markets a bad broker?
No. IC Markets is still a credible broker with a 8.8/10 overall score. This page exists because “good” is not the same as “best for your setup.”
Can I move my account from IC Markets to another broker?
Not directly. In practice, you withdraw from IC Markets, open a new account elsewhere, and fund it again. The annoying part is admin, not technology.