BROKER COMPARISON
Binance vs IC Markets
An in-depth comparison to help you choose the right broker for your trading journey.
Quick Verdict
VS
Side-by-Side Comparison
Feature
Overall Rating
4.4/5
4.6/5
Minimum Deposit
$10
$200
Spreads From
0.1%
0.0 pips
Max Leverage
Up to 125x (Futures)
Up to 500:1
Instruments
350+ Cryptos
2,250+
Fees Score
4.8/5
4.9/5
Platforms Score
4.5/5
4.7/5
Education Score
3.8/5
3.5/5
Safety Score
4/5
4.5/5
Platforms
Binance Web, Binance App, Binance Desktop
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Founded
2017
2007
Headquarters
Various, Global
Sydney, Australia
Pros & Cons
Pros
- Lowest trading fees in crypto (0.1%)
- Largest selection of cryptocurrencies (350+)
- Advanced trading features (Futures, Margin)
- High liquidity and fast execution
- Earn features (Staking, Savings)
Cons
- Regulatory challenges in some regions
- Customer support can be slow
- Complex interface for beginners
- Not available in all countries
Pros
- Industry-leading raw spreads from 0.0 pips
- True ECN execution with no dealing desk
- $1 trillion+ monthly trading volume
- Multiple platforms including TradingView
- Excellent for high-frequency and algo trading
- Deep institutional liquidity
Cons
- $200 minimum deposit
- Limited educational content
- No proprietary platform
- Basic research tools
Our Recommendation
Choose
If you:
- High-volume traders
- Scalpers
- Algorithmic traders
- Professional traders
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