Capital.com vs IC Markets
Choosing between Capital.com and IC Markets is a common decision for forex traders in Africa. In our analysis, IC Markets scores 86/100 on our Hub Score compared to Capital.com's 84/100. For traders with limited starting capital, Capital.com has a lower entry point at $20. Below is a detailed, data-driven comparison across fees, regulation, platforms, and more to help you decide which broker fits your trading style.
Quick Verdict
Based on our Hub Score analysis, IC Markets scores higher overall with 86/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.
Capital.com
IC Markets
| Feature | Capital.com | IC Markets |
|---|---|---|
| Hub Score | 84/100 | 86/100 |
| Min. Deposit | $20 | $200 |
| Spreads | From 0.6 pips | From 0.0 pips |
| Max Leverage | 1:200 | 1:5000 |
| Regulation | FCA, CySEC, ASIC, SCB, SCA, FSA Seychelles, NBRB | ASIC, CySEC, FSA |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, Capital.com Platform | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Account Types | Standard, Professional | Standard, Raw Spread, cTrader Raw Spread, Islamic |
| Trading Instruments | Forex, Indices, Commodities, Shares, ETFs, Crypto | Forex, Indices, Commodities, Shares, Crypto, Bonds |
| Founded | 2016 | 2007 |
| Headquarters | Cyprus | Sydney Australia |
Pros
- AI-powered trading technology
- Low minimum deposit $20
- 6000+ instruments available
- Modern user interface
- Multiple fintech awards
Cons
- Relatively new broker since 2016
- Lower maximum leverage 1:200
- Limited advanced charting tools
- Fewer account type options
Pros
- Raw spreads from 0.0 pips
- Ultra-fast execution speeds
- Institutional-grade liquidity
- Award-winning execution quality
- 2300+ instruments available
Cons
- Higher minimum deposit $200
- Limited educational resources
- Complex for beginners
- Fewer account type options
Which broker has lower spreads, Capital.com or IC Markets?
Capital.com offers spreads from From 0.6 pips, while IC Markets offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for Capital.com vs IC Markets?
Capital.com requires a minimum deposit of $20, while IC Markets requires $200.
Is Capital.com or IC Markets better regulated?
Capital.com is regulated by FCA, CySEC, ASIC, SCB, SCA, FSA Seychelles, NBRB, while IC Markets is regulated by ASIC, CySEC, FSA. Always verify regulation status directly with the relevant authority.
Which is better for beginners, Capital.com or IC Markets?
Capital.com is marked as beginner-friendly. IC Markets may be better suited for experienced traders. Consider factors like minimum deposit, educational resources, and platform ease of use.
Disclaimer: This comparison is based on publicly available information and our independent analysis. Broker offerings, fees, and regulatory status can change at any time. Always verify current conditions directly with the broker before opening an account. Trading forex involves significant risk of loss and is not suitable for all investors.