Best IC Markets Alternatives 2026

Top forex brokers similar to IC Markets with true ECN execution, raw spreads, and institutional liquidity.

Emily Watson

Written by

Emily Watson

David Okonjo

Fact Checked by

David Okonjo

Last reviewed:
By:Emily Watson
Fact-checked by:David Okonjo

Top 10 IC Markets Alternatives

IC Markets pioneered true ECN trading in Australia and is known for raw spreads and cTrader support. We've identified alternatives that match IC Markets' strengths in ECN execution, raw pricing, and platform variety.

Why look for IC Markets alternatives?

Traders may seek alternatives for lower minimum deposits ($0 vs $200), different platform preferences, faster withdrawals, or additional features.

IC Markets Comparison

How each compares to IC Markets.

Broker
ExnessLower deposit, instant withdrawalsLower deposit, instant withdrawals
AxiSimilar ECN, ProTrader toolsSimilar ECN, ProTrader tools
ThinkMarketsThinkZero with raw spreadsThinkZero with raw spreads
BlackBull MarketsDeep liquidity, cTraderDeep liquidity, cTrader
RoboForexECN Pro, cTrader supportECN Pro, cTrader support
PepperstoneSimilar offering, faster executionSimilar offering, faster execution
FP MarketsDMA execution, IRESS platformDMA execution, IRESS platform
TickmillLower commissions ($2/lot)Lower commissions ($2/lot)
EightcapTradingView native, crypto focusTradingView native, crypto focus
VantageSimilar model, ProTraderSimilar model, ProTrader

Detailed Broker Analysis

Recommended
Lower deposit, instant withdrawals.
4.6/5App Score

Exness offers $0 minimum vs IC Markets' $200, with instant withdrawals and more currency pairs.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs107
Deposit methodsBank, Visa, Skrill, Crypto
Withdrawal fee$0
Recommended
Matched ECN with ProTrader.
4.4/5App Score

Axi matches IC Markets' ECN quality with added analytics tools.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs70
Deposit methodsBank, Visa, PayPal
Withdrawal fee$0
ThinkMarkets logo
ThinkMarkets
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Recommended
ThinkZero ECN alternative.
4.3/5App Score

ThinkMarkets ThinkZero accounts provide similar raw spread ECN trading.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs80
Deposit methodsBank, Visa, PayPal
Withdrawal fee$0
BlackBull Markets logo
BlackBull Markets
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Recommended
cTrader with deep liquidity.
4.2/5App Score

BlackBull offers cTrader like IC Markets with institutional-grade liquidity.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs64
Deposit methodsBank, Visa, Skrill
Withdrawal fee$0
Pepperstone logo
Pepperstone
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Recommended
Fastest execution.
4.6/5App Score

Pepperstone offers faster execution (<20ms) and cTrader support like IC Markets.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs97
Deposit methodsBank, Visa, PayPal, Skrill
Withdrawal fee$0

Frequently Asked Questions

Traders may seek alternatives for lower minimum deposits ($0 vs $200), different platform preferences, faster withdrawals, or additional features.

BlackBull Markets, Pepperstone, and RoboForex all offer cTrader alongside MT4/MT5.

Exness, Axi, ThinkMarkets, BlackBull, and Pepperstone all offer $0 minimum deposit, lower than IC Markets' $200.

Yes, all listed alternatives offer raw spreads from 0.0 pips on ECN/Raw accounts, matching IC Markets.

IC Markets is among the best, but Pepperstone, Exness, and Axi offer comparable or better features in certain areas.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026