IC Markets vs InstaForex (2026)
The verdict
IC Markets edges it overall with a Clarity Score of 88 vs 63, helped by stronger regulation & safety. But InstaForex can still be the better fit.
Full comparison
| Metric | IC Markets | InstaForex |
|---|---|---|
| Clarity Score | 88 | 63 |
| Risk level | Higher risk | Higher risk |
| Regulators | ASIC, CySEC, FSA, CMA | BVI FSC |
| Segregated funds | Yes | Ordinary client-money segregation for this international account was not established by the documents reviewed. The separately named Segregated Account service is a special arrangement requiring proof of funds above USD50,000, with a 30% deposit and 70% credit; it is not evidence that all ordinary accounts use segregated client-money arrangements. |
| All-in cost | $···· | $$$·· |
| Min deposit | $200 | From USD1 |
| Typical spread (EUR/USD) | 0 pips | — |
| Max leverage (intl.) | 500:1 | 5000:1 |
| Published withdrawal timing | Same–next day | Method dependent |
| Demo account | Yes | Yes |
| Copy trading | Yes — confirm account eligibility | Yes — confirm account eligibility ForexCopy is not compatible with MT5 accounts. Confirm the account and platform before applying. |
| Platforms | MT4, MT5, cTrader, TradingView, Web, iOS, Android | MT4, MT5, WebTrader, MobileTrader, iOS, Android |
Highlighted cells indicate the stronger value on that metric. Figures are reviewed regularly — verify current terms before depositing.
Pick IC Markets if you want…
- stronger regulation & safety
- lower all-in cost
- better for beginners
- a higher-rated app
- stronger advanced tools
Pick InstaForex if you want…
- a solid all-round option for your needs
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Common questions
Is IC Markets or InstaForex better?
IC Markets edges it overall with a Clarity Score of 88 vs 63, helped by stronger regulation & safety. But InstaForex can still be the better fit.
Which is cheaper, IC Markets or InstaForex?
IC Markets has the lower editorial cost index (IC Markets: 1/5; InstaForex: 3/5). A comparable quote is still required: InstaForex's published spread units and commission denominator need clarification before comparing standard-lot round-turn costs. The index alone does not establish which account is cheaper for your trade.
Which is better regulated?
IC Markets scores higher on our regulation & safety criterion. IC Markets: ASIC, CySEC, FSA, CMA. InstaForex: BVI FSC.
Related head-to-heads
Capital at risk. Most retail CFD accounts lose money. Trade only with money you can afford to lose.