IC Markets vs RoboForex
Can't decide between IC Markets and RoboForex? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 27, 2026
Executive Summary
IC Markets and RoboForex are both well-established forex brokers, but they serve different types of traders. IC Markets scores 97/100 in our TrustMetrics™ system, edging ahead of RoboForex's 72/100.
On pricing, IC Markets offers tighter EUR/USD spreads (0.02 pips vs 0.1 pips). IC Markets supports MT4, MT5, cTrader while RoboForex offers MT4, MT5, cTrader, R StocksTrader, giving RoboForex more platform options.
For regulation, IC Markets holds licenses from ASIC, CySEC, FSA while RoboForex is regulated by IFSC, CySEC. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
IC Markets scores higher in our TrustMetrics system (97/100) compared to RoboForex (72/100), making it the safer choice.
Lowest Spreads
IC Markets offers better pricing with an average EUR/USD spread of 0.02 pips, beating the 0.1 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $10, RoboForex is the more accessible option for new traders.
Detailed Comparison
| Feature | IC Markets | RoboForex |
|---|---|---|
Trust Score Our proprietary safety rating based on regulation and track record. | 97/100 ✓ | 72/100 |
Spreads From The lowest possible spread available on their premium accounts. | 0.0 pips | 0.0 pips |
Avg EUR/USD Spread The typical spread experienced during normal market hours. | 0.02 pips ✓ | 0.1 pips |
| Commission | $7.00/lot | $4/lot on ECN |
Execution Speed The average time it takes for an order to be filled. | 18ms | < 30ms |
| Max Leverage | 1:500 | 1:2000 |
| Minimum Deposit | $200 | $10 ✓ |
| Instruments | 2,250+ | 12,000+ |
| Account Types | Standard, Raw Spread, cTrader Raw | Pro, ECN, Prime, ProCent, R StocksTrader |
| Platforms | MT4, MT5, cTrader | MT4, MT5, cTrader, R StocksTrader |
| Top Regulators | ASIC, CySEC, FSA | IFSC, CySEC |
Withdrawal Speed The average processing time before funds hit your account. | 1-2 business days | 1-3 business days |
Inactivity Fee Fees charged if you do not place any trades for a specific period. | $0 (No inactivity fee) | $10/month after 12 months |
| Customer Support | 24/7 Live Chat, Email, Phone | 24/7 Live Chat, Email, Phone |
Which Broker Should You Choose?
Choose IC Markets if...
- ✓You need the tightest possible spreads for scalping
- ✓You prefer cTrader's advanced order management
- ✓You are a scalper or algorithmic trader
Choose RoboForex if...
- ✓You want to start with a very low minimum deposit
- ✓You need the tightest possible spreads for scalping
- ✓You prefer cTrader's advanced order management
- ✓You need access to a massive range of instruments
IC Markets Overview
Advantages
- ✓ True 0.0 pip spreads during London and NY sessions
- ✓ Industry-leading 18ms execution speed
- ✓ Free Equinix NY4 VPS for active traders
- ✓ No trading restrictions (perfect for EAs)
- ✓ Transparent $6/lot commission on cTrader
Drawbacks
- × No proprietary trading platform or TradingView integration
- × Education section is basic compared to competitors
- × No deposit bonus or welcome offers
RoboForex Overview
Advantages
- ✓ Leverage up to 1:2000 — one of the highest in the industry for experienced traders
- ✓ 5 account types including cent accounts (ProCent) for risk-free practice with real money
- ✓ R StocksTrader platform for direct stock trading on NYSE, NASDAQ, and more
- ✓ 12,000+ instruments including real stocks and ETFs alongside forex and CFDs
- ✓ Deposit bonuses up to 120% — among the most generous in the industry
Drawbacks
- × IFSC (Belize) regulation is Tier-3 — significantly weaker than FCA, ASIC, or CySEC
- × High leverage (1:2000) is dangerous for inexperienced traders
- × Withdrawal processing can be slower than competitors (1-3 days vs same-day at some brokers)
- × Customer support quality is inconsistent — knowledgeable at times, scripted at others
- × Deposit bonuses come with trading volume requirements that can lock up funds
Algorithmic Deep Dive
Data Updated: Aug 2026🛡️ Safety & Regulation
Tier-1 Licenses
💸 Pricing Economics
⚡ Technical Capabilities & Execution
Platform Support
- MT4✓✓
- MT5✓✓
- cTrader✓✓
- TradingView✗✗
IC Markets Execution
You get the standard suite: MT4, MT5, and cTrader. Our recommendation? Skip MetaTrader and use cTrader. The Level 2 pricing depth and advanced order management are vastly superior for scalping. We ran automated EAs 24/5 on MT5 without a single dropped connection or rejected order.
RoboForex Execution
RoboForex offers MT4, MT5, cTrader, and the proprietary R StocksTrader. MT4 and MT5 work as expected with no notable enhancements or limitations. cTrader provides Level 2 depth and advanced order types for the ECN account. R StocksTrader is the standout — it's a well-designed platform for stock trading with a built-in screener, fundamental data, and direct market access to major exchanges. We traded US stocks through R StocksTrader and found the experience clean and functional, though the charting is not as advanced as TradingView.
The Bottom Line: IC Markets vs RoboForex
- ✓ Scalping
- ✓ Algorithmic Trading
- ✓ Low Spreads
- ✓ ECN Trading
- ✓ Tighter EUR/USD spreads (0.02 pips)
- ✓ High Leverage
- ✓ Cent Accounts
- ✓ Stock Trading (R StocksTrader)
- ✓ Diverse Account Types
- ✓ Deposit Bonuses
- ✓ Lower minimum deposit ($10)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
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