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Head to head

DeltaFX vs IC Markets

DeltaFX has no licence we could confirm on a regulator's register. IC Markets is licensed by ASIC in Australia, CySEC in the European Union and SCB in The Bahamas, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at DeltaFX and $0 at IC Markets. Neither offers negative balance protection. Only IC Markets offers segregated client money.

Facts last checked: DeltaFX on 20 October 2026, IC Markets on 20 October 2026.

DeltaFX profileIC Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
DeltaFXRead the profile
IC MarketsStrictly regulatedRead the profile
Comparing
DeltaFX
IC MarketsRaw Spread (MetaTrader) account · Australia

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
Sydney, Australia
Official websites
  • deltafx.com
  • authserver.deltafx.com
  • icmarkets.com
  • icmarkets.sc
  • icmarkets.eu
  • icmarkets.com.au
  • icmarkets.bs
  • ic.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
International Capital Markets Pty Ltd
Regulator
No licence listed
ASIC
Australia
Regulation level
No licence listed
Strictly regulated
Licence number
No licence listed
AFSL 335692
Check the register
Clients this company serves
No licence listed
Australian residents
All licences held
None listed
  • ASIC (Australia)
  • CySEC (European Union)
  • SCB (The Bahamas)
  • FSA Seychelles (Seychelles)
Segregated client money
No
Yes
Negative balance protection
No
No
Compensation scheme
None
ICF up to €20,000 (IC Markets EU only); none for the Seychelles or Bahamas companies

Costs

Your monthly cost
No accounts listed
$80$8 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$8
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.1 pips
Commission per lot (round turn)
No accounts listed
$7
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
1:1000
1:30 (EU, Australia); up to 1:5000 at the Seychelles company
Retail leverage by asset class
Not yet checked
  • Major currency pairs (EU and Australian retail): 1:30
  • All account types (Seychelles company): Up to 1:5000
Margin call level
100%
Not yet checked
Stop-out level
20% or 40%, depending on the account
50%

Account

Minimum deposit (this account)
No accounts listed
$0
Base currencies
No accounts listed
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD, HKD
Execution
No accounts listed
Raw spread plus $3.50 per lot per side

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Web platform
Markets
Forex, spot metals, spot energies, spot indices and crypto CFDs
Forex, commodities, indices, metals, bonds, share CFDs and crypto CFDs (2,250 instruments on MetaTrader)
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Local bank transfer (Iranian rial)
  • USDT (TRC20)
  • USDT (BEP20)
  • TopChange
  • ZPay
  • Credit card
  • Debit card
  • PayPal
  • Neteller
  • Skrill
  • Bank transfer
  • Cryptocurrency
  • UnionPay
  • Broker to broker transfer
Withdrawal fee
$4 per USDT withdrawal on BEP20; other fees not published
Not yet checked
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
24/7 live chat, ticket system, phone and email
24 hours a day, Monday to Sunday

Our notes

Strengths
  • Five account types with published margin call and stop-out levels
  • Swap-free versions of every account
  • Low minimum deposit ($50) on most accounts
  • Australian and EU companies licensed by strict regulators (ASIC and CySEC)
  • Published average EUR/USD spread of 0.1 pips on the Raw Spread account, with commission set out per currency
  • Client money held in segregated accounts, according to each IC company
  • Wide platform choice, including cTrader and TradingView
Watch out for
  • Not listed as regulated here: its Anjouan (AOFA) licence L16182/DFX shows as active on AOFA's own register, but the Central Bank of the Comoros has said AOFA is not recognised and cannot issue financial licences.
  • Its only licence is from the Anjouan Offshore Finance Authority (AOFA). On 8 December 2025 the Central Bank of the Comoros said AOFA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • AOFA's verification page lists company number 16183 (DeltaFX's site says 16182), incorporation on 20 October 2025 and a licence end date of 20 October 2026.
  • Commission rates on the commission-based accounts are not published on the account pages
  • Leverage up to 1:1000 and no published negative balance protection
  • International clients join Raw Trading Ltd, regulated only in Seychelles (offshore), where leverage goes up to 1:5000
  • The Seychelles company's risk warning says losses may exceed the amount you deposit
  • The Standard account's typical spread is not published (it quotes "from 0.8 pips")
  • Brand changing from IC Markets to IC, with several regional domains; check you are on one listed here

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • IC Markets: Risk Warning: Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our Risk Disclosure.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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