Hero Markets vs IC Markets: Broker Comparison 2026
Hero Markets vs IC Markets — Quick Answer
Looking for a quick comparison between Hero Markets and IC Markets? IC Markets has a higher safety score (100/100 vs 85/100).
Hero Markets vs IC Markets Overview
Hero Markets and IC Markets are both popular forex and CFD brokers. Hero Markets was established in 2024 in Norway, while IC Markets was established in 2007 in Australia.
In terms of regulation, Hero Markets is regulated by CySEC, while IC Markets is not currently listed as regulated. Safety scores: Hero Markets 85/100, IC Markets 100/100.
Side-by-Side Comparison
| Feature | Hero Markets | IC Markets |
|---|---|---|
| Rating | 4.0/5 | 0.0/5 |
| Safety Score | 85/100 | 100/100 |
| Regulator | CySEC | N/A |
| Min. Deposit | $100 | $200 |
| Max Leverage | 1:30 | 1:500 |
| Spreads From | 0.8 pips | N/A |
| Platforms | WebTrader, MT5, Mobile App | MT4, MT5, cTrader |
| Broker Model | A-book | Hybrid |
| Established | 2024 | 2007 |
| Location | Norway | Australia |
Fees and Costs: Hero Markets vs IC Markets
Spread data is not available for both brokers. Check their official websites for current pricing.
Minimum deposit requirements: Hero Markets requires $100, while IC Markets requires $200. Hero Markets is more accessible for traders with smaller budgets.
Is Hero Markets Safer Than IC Markets?
Safety is a critical factor when choosing a forex broker. Hero Markets is regulated by CySEC, while IC Markets does not have verified regulation on our platform.
Our safety analysis gives Hero Markets a score of 85/100 and IC Markets a score of 100/100. Both brokers score well on our safety assessment.
Trading Conditions Compared
Leverage is up to 1:30 at Hero Markets and 1:500 at IC Markets. Leverage limits may vary by regulatory jurisdiction.
Hero Markets supports WebTrader, MT5, Mobile App, while IC Markets offers MT4, MT5, cTrader.
Tradeable instruments: Hero Markets offers Forex, Stocks, Commodities, Crypto, Indices. IC Markets offers Bonds, Forex, Indices, Commodities, ETFs.
Which Broker Is Right for You?
The best choice between Hero Markets and IC Markets depends on your trading style, preferred instruments, and regulatory requirements.
- Choose Hero Markets if you want a low barrier to entry ($100 minimum deposit).
- Choose IC Markets if safety is your top concern (score: 100/100).
Read the full reviews below to make an informed decision, or use our Trust Scanner to run your own analysis.
Read Full Reviews
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