IC Markets vs MultiBank Group 2026: which is better?
We compared IC Markets and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- The minimum deposit at IC Markets is $0, against $50 at MultiBank Group.
- IC Markets offers cTrader, TradingView, which MultiBank Group does not.
- MultiBank Group holds 3 licences from strong regulators, against 1 for IC Markets.
Comparison table
| Comparison table |
IC Markets
Broker
|
MultiBank Group
Broker
|
|---|---|---|
| Licences | ASIC, CySEC, FSA, SCB | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best |
| Minimum deposit | $0 Best | $50 |
| Maximum leverage | 1:5000 | 1:1000 |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader |
| Markets | Forex, Stocks, Crypto, Commodities & gold, Indices | Forex, Stocks, Crypto, Commodities & gold, Indices |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | ✓ Yes |
| Founded | 2007 | 2005 |
| Headquarters | Sydney, Australia | United Arab Emirates |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose IC Markets if you
- want to start with less money
- use cTrader, TradingView
Choose MultiBank Group if you
- want more licences from strong regulators
Frequently asked questions
Which is better, IC Markets or MultiBank Group?
We compared IC Markets and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. The minimum deposit at IC Markets is $0, against $50 at MultiBank Group. IC Markets offers cTrader, TradingView, which MultiBank Group does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are IC Markets and MultiBank Group regulated?
IC Markets licences: CySEC, ASIC, FSA, SCB. MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT).
What is the minimum deposit at IC Markets and MultiBank Group?
IC Markets: $0. MultiBank Group: $50.
Do IC Markets and MultiBank Group offer an Islamic account?
IC Markets: Yes. MultiBank Group: Yes.