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Broker Comparison

IC Markets vs Mitrade

A head-to-head breakdown of IC Markets and Mitrade — regulation, platforms, spreads, fees and execution.

IC

IC Markets

Best for Active traders

  • Independent Comparison
  • Updated Regularly
  • No Registration Required
  • Free Broker Matching
Visit Broker

Affiliate link · CFDs carry risk

M

Mitrade

Best for Beginners

  • Independent Comparison
  • Updated Regularly
  • No Registration Required
  • Free Broker Matching
Visit Broker

Affiliate link · CFDs carry risk

Pros & Cons

What each broker does well — and where it falls short

IC

IC Markets

Pros

  • Raw spreads from 0.0 pips
  • MT4/MT5/cTrader
  • Scalping & EAs allowed

Cons

  • $200 minimum deposit
  • Steeper learning curve
M

Mitrade

Pros

  • Low $50 minimum deposit
  • Modern mobile app
  • Built-in risk-management tools

Cons

  • No MT4 / MT5
  • Smaller instrument range than ECN brokers
Feature Comparison

Side-by-side specs

Feature
IC Markets
Mitrade
Best For
Active traders
Beginners
Minimum Deposit
$200
$50
Execution
ECN / Raw
Market execution
Mobile App
Beginner Friendly
Scalping Allowed
Regulation
ASIC, CySEC, FSA
ASIC, CIMA, FSC
Markets
Forex, Indices, Commodities, Crypto, Shares
Forex, Gold, Indices, Crypto
Fees

Fees & spreads compared

IC Markets

Mitrade

Verdict

Which broker should you choose?

Different traders need different platforms.

Best for Active traders
IC

IC Markets

Best for Active traders

IC Markets routes orders through aggregated institutional liquidity with raw spreads from 0.0 pips.

  • Independent Comparison
  • Updated Regularly
  • No Registration Required
  • Free Broker Matching
Visit Broker View Full Review
Best for Beginners
M

Mitrade

Best for Beginners

Mitrade is a regulated CFD broker built around a clean proprietary platform.

  • Independent Comparison
  • Updated Regularly
  • No Registration Required
  • Free Broker Matching
Visit Broker View Full Review
Risk Warning

CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. Past performance is not indicative of future results. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. This site provides general information only and does not constitute financial advice.

Best for Beginners

Mitrade

Mitrade is a regulated CFD broker built around a clean proprietary platform.

View Full Review
Best for Active traders

IC Markets

IC Markets routes orders through aggregated institutional liquidity with raw spreads from 0.0 pips.

View Full Review

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