IC MarketsFrom 0.0 pips + $3.50 commission (Raw Spread)
- Published fee
- From 0.0 pips + $3.50 commission (Raw Spread)
- Minimum deposit
- 200 $
- Spread figure
- EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard)
Broker comparison
IC Markets vs.
ThinkMarkets
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonIC Markets
ThinkMarketsVS
Summary
Your goal decides
IC Markets has a higher rating of 4.4/5 compared to ThinkMarkets (4.1/5). IC Markets offers 7 instrument types, while ThinkMarkets offers 5. The minimum deposit is lower at ThinkMarkets with 0 €. Oversight: IC Markets: ASIC/CySEC; ThinkMarkets: FCA/ASIC. IC Markets: No. ThinkMarkets: No.
IC MarketsECN broker with ultra-low spreads and fast execution
ThinkMarketsFCA/ASIC-regulated multi-asset broker with fast execution
At a glance
The key differences
| Criterion | IC Markets | ThinkMarkets |
|---|---|---|
| Platforms | MT4, MT5, cTrader | MT4, MT5, ThinkTrader |
| Product types | Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs | Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs |
| Options trading | No | No |
| Fee model | From 0.0 pips + $3.50 commission (Raw Spread) | From 0.0 pips (ThinkZero), no commission (Standard) |
| Minimum deposit | 200 $ | 0 € |
| Regulation | ASIC/CySEC | FCA/ASIC |
| More information | Details | Details |
Platforms
IC Markets
MT4, MT5, cTrader
ThinkMarkets
MT4, MT5, ThinkTrader
Product types
IC Markets
Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs
ThinkMarkets
Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs
Options trading
IC Markets
No
ThinkMarkets
No
Fee model
IC Markets
From 0.0 pips + $3.50 commission (Raw Spread)
ThinkMarkets
From 0.0 pips (ThinkZero), no commission (Standard)
Minimum deposit
IC Markets
200 $
ThinkMarkets
0 €
Regulation
IC Markets
ASIC/CySEC
ThinkMarkets
FCA/ASIC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
IC MarketsThinkMarketsFrom 0.0 pips (ThinkZero), no commission (Standard)
- Published fee
- From 0.0 pips (ThinkZero), no commission (Standard)
- Minimum deposit
- 0 €
- Inactivity
- $10/month after 12 months of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
IC MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationThinkMarketsCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
IC MarketsForexIndicesCommoditiesStocks CFDsBondsCrypto CFDsFutures CFDs
ThinkMarketsForexIndicesCommoditiesStocks CFDsCrypto CFDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
IC MarketsMT4 · MT5 · cTrader
IC Markets offers three top-tier trading platforms for different trading styles. MetaTrader 4 is the classic choice for Forex traders with extensive EA support. MetaTrader 5 expands the offering with additional timeframes and order types. The cTrader platform excels with its intuitive interface, Level II market depth, and cAlgo for algorithmic trading. All platforms offer VPS hosting for uninterrupted automated trading.
Explore platformThinkMarketsMT4 · MT5 · ThinkTrader
ThinkMarkets offers three powerful trading platforms: The proprietary ThinkTrader platform impresses with its modern design, over 80 technical indicators, and innovative tools such as the sentiment indicator. Additionally, MetaTrader 4 and MetaTrader 5 are available, supporting Expert Advisors and algorithmic trading. All platforms are available as web, desktop, and mobile versions.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
IC MarketsECN broker with ultra-low spreads and fast execution
- Ultra-low spreads from 0.0 pips
- Fast order execution (under 40ms)
- cTrader platform available
- No proprietary platform
- Educational content could be more comprehensive
ThinkMarketsFCA/ASIC-regulated multi-asset broker with fast execution
- Dual FCA and ASIC regulation
- Low spreads from 0.0 pips
- Proprietary ThinkTrader platform
- Limited educational resources
- No real stocks or options
Find the broker that fits
IC Markets oder ThinkMarkets?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
IC Markets and ThinkMarkets do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →Taking the other side
What it means when the broker holds the other side itself
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Your questions
Frequently asked questions
How do fees differ between IC Markets and ThinkMarkets?
IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). ThinkMarkets: From 0.0 pips (ThinkZero), no commission (Standard). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: IC Markets or ThinkMarkets?
IC Markets offers Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs. ThinkMarkets offers Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs.
How are IC Markets and ThinkMarkets regulated?
The broker profiles list ASIC/CySEC for IC Markets and FCA/ASIC for ThinkMarkets. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is IC Markets or ThinkMarkets better for beginners?
IC Markets lists a 200 $ minimum deposit and offers MT4, MT5, cTrader. ThinkMarkets lists 0 € and offers MT4, MT5, ThinkTrader. Compare usability, available products and costs for your intended use.
IC Markets vs ThinkMarkets: Which broker is better overall?
The choice between IC Markets (4.4/5, 2200 reviews) and ThinkMarkets (4.1/5, 620 reviews) depends on your needs. IC Markets: ECN broker with ultra-low spreads and fast execution. ThinkMarkets: FCA/ASIC-regulated multi-asset broker with fast execution.
How do spreads compare between IC Markets and ThinkMarkets?
IC Markets offers typical spreads of EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard). ThinkMarkets offers EUR/USD from 0.4 pip (ThinkZero) + $3.50 per lot per side, 1.2 pip (Standard). Tighter spreads reduce trading costs especially for active trading.
Do IC Markets or ThinkMarkets charge an inactivity fee?
IC Markets: no inactivity fee. ThinkMarkets: $10/month after 12 months of inactivity.
Your next step
Your next step
IC MarketsECN broker with ultra-low spreads and fast execution
Open accountRead reviewThinkMarketsFCA/ASIC-regulated multi-asset broker with fast execution
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.