MH Markets vs IC Markets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

MH Markets
MH Markets
VS
IC Markets
IC Markets

Quick Summary

Best for Beginners

MH Markets

$50.00

Tightest Spreads

MH Markets

From 0.0 pips pips

Highest Leverage

IC Markets

1:1:500

Best Rated

MH Markets

4.30
/5

Mobile Trading

Both

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General Information

MH Markets

Regulation

FSC (Mauritius)

Founded

N/A

Headquarters

Mauritius (licensed), UAE office

Overall Rating

4.30/5

IC Markets

Regulation

Founded

N/A

Headquarters

IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.

Overall Rating

4.00/5

Trading Conditions

Feature MH Markets IC Markets
Minimum Deposit $50.00 $200.00
Average Spreads From 0.0 pips Starts from 0.0
Maximum Leverage 1:2000 1:500
Commission None None

Account Types

MH Markets

No account types specified

IC Markets

Standard Accounts Raw Account

Platforms & Tools

MH Markets

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Not Available

Social Trading

Available

IC Markets

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

MH Markets

Deposit Methods

🏦 Bank/Wire  |  💳 VISA/MasterCard  |  🏛️ Local Banking  |  📱 QR  |  💰 Tether (USDT)

Withdrawal Methods

Same as deposits; processing typically 1 business day; wire may take 3–5 days

Withdrawal Fee

None

IC Markets

Deposit Methods

IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply.

Withdrawal Methods

IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply.

Withdrawal Fee

None

Support

MH Markets

Support Languages

Multi‑lingual support: English, Thai (and others) 

Support Channels

24/7 multilingual support; strong reviews, though some variability in response times 

Account Manager

Available

IC Markets

Support Languages

English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.

Support Channels

24/7 support via live chat, email, and phone.

Account Manager

Available

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