IC Markets vs Capital.com
Choosing between IC Markets and Capital.com 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.
IC Markets
Capital.com
| Feature | IC Markets | Capital.com |
|---|---|---|
| Hub Score | 86/100 | 84/100 |
| Min. Deposit | $200 | $20 |
| Spreads | From 0.0 pips | From 0.6 pips |
| Max Leverage | 1:5000 | 1:200 |
| Regulation | ASIC, CySEC, FSA | FCA, CySEC, ASIC, SCB, SCA, FSA Seychelles, NBRB |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | MetaTrader 4, MetaTrader 5, TradingView, Capital.com Platform |
| Account Types | Standard, Raw Spread, cTrader Raw Spread, Islamic | Standard, Professional |
| Trading Instruments | Forex, Indices, Commodities, Shares, Crypto, Bonds | Forex, Indices, Commodities, Shares, ETFs, Crypto |
| Founded | 2007 | 2016 |
| Headquarters | Sydney Australia | Cyprus |
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
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
Which broker has lower spreads, IC Markets or Capital.com?
IC Markets offers spreads from From 0.0 pips, while Capital.com offers spreads from From 0.6 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for IC Markets vs Capital.com?
IC Markets requires a minimum deposit of $200, while Capital.com requires $20.
Is IC Markets or Capital.com better regulated?
IC Markets is regulated by ASIC, CySEC, FSA, while Capital.com is regulated by FCA, CySEC, ASIC, SCB, SCA, FSA Seychelles, NBRB. Always verify regulation status directly with the relevant authority.
Which is better for beginners, IC Markets or Capital.com?
IC Markets may be better suited for experienced traders. Capital.com is also beginner-friendly. 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.