IC
IC Markets
9.2
Ultra-low spreads with true ECN execution, ideal for scalpers and algo traders.
Winner: IC Markets
VSPe
Pepperstone
9.0
Award-winning broker with competitive pricing and excellent platform choice.
Quick Verdict
IC Markets and Pepperstone are both top-tier forex brokers, but they cater to slightly different audiences.IC Markets excels in execution speed and raw pricing, while Pepperstone stands out for its regulatory coverage. For scalpers and algo traders, IC Markets is the better choice. For traders who value platform flexibility, Pepperstone has the edge.
Full Comparison
| Feature | IC Markets | Pepperstone |
|---|---|---|
| Min Deposit | $200 | $0 |
| Max Leverage | 1:500 | 1:500 |
| Spread From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, cTrader | MT4, MT5, cTrader, TradingView |
| Regulators | ASIC, CySEC, FSA | ASIC, FCA, CySEC, DFSA |
| Account Types | Raw Spread, Standard | Razor, Standard |
| Founded | 2007 | 2010 |
| Headquarters | Sydney, Australia | Melbourne, Australia |
| Overall Rating | 9.2 | 9.0 |
Score Breakdown
Fees
A9.5
B9.2
Platforms
Regulation
Support
Education
Execution
IC Markets Pepperstone
When to choose IC Markets
- Ultra-low spreads from 0.0 pips
- True ECN execution with deep liquidity
- Wide range of platforms including cTrader
- Fast execution speeds under 40ms
When to choose Pepperstone
- No minimum deposit requirement
- TradingView integration available
- Strong regulatory coverage across regions
- Excellent execution quality