IC Markets Global vs MONAXA
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick IC Markets Global leads on safety — winning 5 of 7
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓20
41
Verdict
Low risk
Guarded
Regulatedⓘ
Yes
Yes
Licenses
✓3
1
Tier-1 regulatorsⓘ
✓2
0
Trustpilot score
✓4.8
4.3
Reviews collected
✓55637
206
Exit riskⓘ lower = safer
Guarded
✓Guarded
Known clonesⓘ
10
✓2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$200
✓$15
Max leverage
1:1000
1:1,000
Min spread (best acct)
from 0
from 0
Commission
$0
—
Cost grade
A
—
Account types
4
4
Best for
Suits
Traders who prioritize low spreads and fast execution, Experienced traders comfortable with high leverage and multiple platforms
Traders prioritizing fast withdrawals and low spreads, Experienced traders comfortable with offshore regulation for high leverage (up to 1:2000), Those seeking a variety of account types including cent and ECN accounts
Not for
Traders who require reliable, fast withdrawals, Those who prefer a broker with no complaints about account freezes or 'Risk Review' holds
Risk-averse traders requiring top-tier tier-1 regulation, Traders wary of broker bonus conditions and potential profit cancellation, Those expecting 24/7 responsive customer support
Products & Funding
Instruments
--
Forex, Indices, Metals, Energies, Stocks CFD, Cryptos, Futures
Deposit methods
USDT, Neteller, Skrill
--
Withdrawal
USDT
--
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
AAA
—
Company
Founded
2017-09-19
2023-01-29
Headquarters
🇦🇺 Australia
Anguilla
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.