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.

IC Markets

IC Markets

Trust Score: 97

Read Review
VS
RoboForex

RoboForex

Trust Score: 72

Read Review

The Verdicts

Most Trusted

IC Markets

IC Markets scores higher in our TrustMetrics system (97/100) compared to RoboForex (72/100), making it the safer choice.

Lowest Spreads

IC Markets

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

RoboForex

With a lower minimum deposit requirement of $10, RoboForex is the more accessible option for new traders.

Detailed Comparison

FeatureIC MarketsRoboForex
Trust Score97/10072/100
Spreads From0.0 pips0.0 pips
Avg EUR/USD Spread0.02 pips0.1 pips
Commission$7.00/lot$4/lot on ECN
Execution Speed18ms< 30ms
Max Leverage1:5001:2000
Minimum Deposit$200$10
Instruments2,250+12,000+
Account TypesStandard, Raw Spread, cTrader RawPro, ECN, Prime, ProCent, R StocksTrader
PlatformsMT4, MT5, cTraderMT4, MT5, cTrader, R StocksTrader
Top RegulatorsASIC, CySEC, FSAIFSC, CySEC
Withdrawal Speed1-2 business days1-3 business days
Inactivity Fee$0 (No inactivity fee)$10/month after 12 months
Customer Support24/7 Live Chat, Email, Phone24/7 Live Chat, Email, Phone

Which Broker Should You Choose?

IC MarketsChoose 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

RoboForexChoose 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 Pros & Cons

Pros

  • 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

Cons

  • × No proprietary trading platform or TradingView integration
  • × Education section is basic compared to competitors
  • × No deposit bonus or welcome offers

RoboForex Pros & Cons

Pros

  • 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

Cons

  • × 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

The Bottom Line: IC Markets vs RoboForex

Choose IC Markets if you want:
  • Scalping
  • Algorithmic Trading
  • Low Spreads
  • ECN Trading
  • Tighter EUR/USD spreads (0.02 pips)
Choose RoboForex if you want:
  • 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.

Related Articles