IC Markets
PUPRIME
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
IC Markets was founded in 2007 and is headquartered in Australia, while PUPRIME was established in 2015 and is based in Seychelles. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. IC Markets serves 60,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $200 at IC Markets and $50 at PUPRIME.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| Min. Deposit | $200 | $50 |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218 |
| Founded | 2007 | 2015 |
| Country | Australia | Seychelles |
| Clients | 60,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between IC Markets and PUPRIME, directly affecting your bottom line as a trader. IC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while IC Markets does not, giving IC Markets an edge for frequent withdrawers. IC Markets charges deposit fees; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| Min. Deposit | $200 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
IC Markets offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. IC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, WebTrader, PU Prime App, PU Social |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IC Markets and PUPRIME compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IC Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). IC Markets uniquely supports PayPal among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IC Markets and PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. IC Markets supports 8 languages and PUPRIME supports 1, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | IC Markets | PUPRIME |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English |