IC Markets Global vs Mitrade
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
✦ AI comparison Premium · soon
An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick Mitrade leads on safety — winning 3 of 5
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
20
✓13
Verdict
Low risk
Low risk
Regulatedⓘ
Yes
Yes
Licenses
3
3
Tier-1 regulatorsⓘ
2
2
Trustpilot score
✓4.8
4.7
Reviews collected
✓55637
2669
Exit riskⓘ lower = safer
Guarded
✓Low risk
Known clonesⓘ
10
✓8
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$200
—
Max leverage
1:1000
—
Min spread (best acct)
from 0
—
Commission
$0
—
Cost grade
A
—
Account types
✓4
0
Best for
Suits
Traders who prioritize low spreads and fast execution, Experienced traders comfortable with high leverage and multiple platforms
Traders who prioritize fast customer support and quick withdrawals, Beginners seeking an easy-to-use platform with demo accounts, Traders looking for Islamic account options
Not for
Traders who require reliable, fast withdrawals, Those who prefer a broker with no complaints about account freezes or 'Risk Review' holds
Traders wary of potential withdrawal delays or verification issues, Those who dislike intrusive advertising on the trading app, Traders seeking a broker with a longer track record (founded 2019)
Products & Funding
Instruments
--
—
Deposit methods
USDT, Neteller, Skrill
—
Withdrawal
USDT
—
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
AAA
—
Company
Founded
2017-09-19
2019-05-05
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.