Compare › CMC Markets vs IC Markets — Saint Lucia

Written by

Fact checked by

Alia Mehmood

📊

Data verified

September 2026

🌍

Country

Saint Lucia

Complete Head-to-Head Comparison · 2026

CMC Markets vs IC Markets: A Detailed Comparison for Saint Lucia Traders

Q: Is it legal for Saint Lucia residents to trade with CMC Markets or IC Markets?

Yes, it is legal for Saint Lucia residents to open trading accounts with these international brokers, as there are no local restrictions on forex or CFD trading. However, ensure you comply with any tax obligations and understand that broker regulation is not local.

Q: Which broker offers lower trading costs for Saint Lucia traders?

For active traders, IC Markets generally offers lower costs due to its raw spreads from 0.0 pips and a commission of $7 per lot. CMC Markets has wider spreads on its standard account, but its 'Pro' account can be competitive, though it requires a higher minimum deposit.

Q: Can Saint Lucia traders use MetaTrader platforms with both brokers?

Yes, both brokers offer MetaTrader 4 and MetaTrader 5. IC Markets also offers cTrader, while CMC Markets provides its proprietary Next Generation platform alongside MT4/MT5.

Which broker is better for Saint Lucia traders in 2026? Expert analysis across 12 categories.

CMC Markets

FCA · ASIC · MAS · Founded 1989

Open Account

IC Markets

ASIC · CySEC · FSA · Founded 2007

Open Account

Winner: CMC Markets

Categories: 12 compared

For: Saint Lucia traders

Updated: July 2026

Compare any two brokers

Compare All Brokers in Saint Lucia

Best Forex Brokers Lowest Spread Best Gold Brokers Best Demo Account

Quick Verdict — Saint Lucia Traders

Best Overall

CMC Markets

Higher overall score & more features

Best Spreads

IC Markets

Lower trading costs for scalpers

Islamic Accounts

IC Markets

Swap-free for Saint Lucia Muslims

Best for Beginners

CMC Markets

Better education & support

$0 vs $200

Min deposit

1:1 vs 1:5000

Max leverage

FCA vs ASIC

Top regulator

4.2 vs 3.6

Our scores

Table of Contents

→ Overall Scores → Trading Costs → Account Types → Leverage → Instruments → Platforms → Execution Quality → Regulation & Safety → Deposits & Withdrawals → Islamic Accounts → Customer Support → Mobile App → Education & Research → User Reviews → Pros & Cons → Who Should Use?→ FAQ → Final Verdict

For traders in Saint Lucia, choosing between CMC Markets and IC Markets involves weighing regulatory strength, trading costs, and platform features. Both brokers are internationally recognized, but they cater to different trading preferences. This comparison provides a factual breakdown to help Saint Lucian traders make an informed decision.

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Overall Scores Comparison

CMC Markets

FCA · ASIC · MAS

4.2

CompareBroker score

Winner

IC Markets

ASIC · CySEC · FSA

3.6

CompareBroker score

Trading Costs

Spreads, commissions

4.3

WIN

3.7

Platforms

MT4, MT5, cTrader, TV

3.9

WIN

3.8

Regulation

Safety, oversight

4.5

WIN

3.9

Deposits

Local payments

4.3

WIN

3.7

Customer Support

24/5, chat, phone

4.0

WIN

3.4

Education

Webinars, guides

4.3

WIN

3.3

Execution

Speed, slippage

4.0

WIN

3.7

Mobile App

iOS, Android

4.2

WIN

3.6

💹

Trading Costs - Spreads & Commissions

Instrument	CMC Markets	IC Markets	Winner
EUR/USD avg spread	0.09 pips + $3.5/lot	0.0 pips + $3.5/lot	IC Markets
XAU/USD (Gold)	$0.14 typical	$0.12 typical	IC Markets
GBP/USD avg spread	0.29 pips	0.23 pips	IC Markets
Standard acc spread	from 1.0 pips	from 0.8 pips	IC Markets
ECN commission	$3.5/lot/side	$3.5/lot/side	Tie
Min deposit	$0	$200	CMC Markets

📂

Account Types Comparison

Account Type	CMC Markets	IC Markets
Standard account	✓	✓
ECN / Raw spread	✓	✓
Islamic (swap-free)	✗	✓
Demo account	✓	✓
PAMM / MAM account	✗	✓
Zero spread account	✗	✓
Copy trading	✗	✗
Min deposit	$0	$200

⚖️

Leverage Comparison - Saint Lucia Traders

Entity / Asset	CMC Markets	IC Markets
Saint Lucia (offshore)	Up to 1:1	Up to 1:5000
Forex major pairs	1:1	1:5000
Gold (XAU/USD)	1:200	1:200
Indices	1:100	1:100
Cryptocurrencies	1:2 to 1:10	1:2 to 1:10

Leverage Warning for Saint Lucia Traders

Traders in Saint Lucia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.

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Trading Instruments - Assets Available

Asset Class	CMC Markets	IC Markets	Winner
Forex pairs	90+	65+	CMC Markets
Gold (XAU/USD)	✓	✓	Tie
Oil (WTI/Brent)	✓	✓	Tie
Stock indices	25+ indices	20+ indices	CMC Markets
Crypto CFDs	30+	20+	CMC Markets
Stocks / Share CFDs	1,000+	✗	IC Markets
ETFs	✓	✗	Tie

🖥️

Platforms Comparison

Platform	CMC Markets	IC Markets
MetaTrader 4 (MT4)	✓	✓
MetaTrader 5 (MT5)	✓	✓
cTrader	✗	✓
TradingView	✗	✗
Expert Advisors (EAs)	✗	✓
Scalping allowed	✓	✓
Hedging allowed	✓	✓

⚡

Execution Quality - Speed & Slippage

Factor	CMC Markets	IC Markets	Winner
Execution model	ECN/STP	True ECN	IC Markets
Avg execution speed	~30ms	~40ms	CMC Markets
Slippage	Very low	Very low	Tie
Requotes	Very rare	Very rare	Tie
Scalping allowed	✓	✓	Tie
EA / Bot trading	✗	✓	Tie

🛡️

Regulation & Safety for Saint Lucia Traders

Safety Factor	CMC Markets	IC Markets
Primary regulator	FCA	ASIC
Top-tier regulated	✓	✓
Investor protection	✓	✓
Segregated funds	✓	✓
Neg. balance protection	✓	✓

Verify regulation independently

Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Saint Lucia traders may differ by entity.

💳

Deposits & Withdrawals for Saint Lucia

Payment Method	CMC Markets	IC Markets
Bank Wire Transfer	✓	✓
Visa / Mastercard	✓	✓
Skrill	✓	✓
Neteller	✗	✓
USDT / Crypto	✗	✓
Withdrawal time	5 business days	E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days

☪️

Islamic Accounts - Swap-Free for Saint Lucia Muslims

Islamic Account Feature	CMC Markets	IC Markets
Swap-free available	✗	✓
Admin fee instead of swap	On some instruments	On some instruments
MT4 / MT5 supported	✓	✓
How to apply	Contact support	Contact support

Islamic Account Note

Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.

💬

Customer Support Comparison

Support Feature	CMC Markets	IC Markets	Winner
Live chat	✓	✓	Tie
Phone support	✓	✓	Tie
Email support	✓	✓	Tie
24/7 support	✗	✗	Tie
Response time (chat)	<2 minutes	<3 minutes	CMC Markets

📱

Mobile App Comparison

Mobile Feature	CMC Markets	IC Markets	Winner
iOS App Store rating	4.5 stars	4.3 stars	CMC Markets
Google Play rating	4.3 stars	4.2 stars	CMC Markets
Biometric login	✓	✓	Tie
Push notifications	✓	✓	Tie
Full charting on mobile	✓	✓	Tie
TradingView mobile	✗	✗	Tie

📚

Education & Research Tools

Resource	CMC Markets	IC Markets	Winner
Video tutorials	100+ videos	50+ videos	Tie
Webinars (live)	Weekly	✗	CMC Markets
Economic calendar	✓	✓	Tie
Market analysis	Daily	Basic	CMC Markets

⭐

Real User Reviews - Trustpilot

CMC Markets

☆☆☆☆☆

—

3,200 verified reviews

View on Trustpilot

IC Markets

☆☆☆☆☆

—

54,430 verified reviews

View on Trustpilot

⚖️

Pros & Cons of Each Broker

CMC Markets

Pros

+Top-tier regulated

Cons

-No TradingView

-No 24/7 support

IC Markets

Pros

+Top-tier regulated

+Islamic swap-free account

Cons

-No TradingView

-$200 min deposit

-No 24/7 support

👤

Who Should Use Which Broker? - Saint Lucia Guide

Choose CMC Markets if you...

Are a beginner trader in Saint Lucia

Want TradingView integration

Have less than $200 to start

Want FCA regulation

Choose IC Markets if you...

Are a beginner trader in Saint Lucia

Are a scalper or EA trader

Need PAMM/MAM accounts

Want True ECN regulation

❓

FAQ - CMC Markets vs IC Markets in Saint Lucia

Is it legal for Saint Lucia residents to trade with CMC Markets or IC Markets? +

Which broker offers lower trading costs for Saint Lucia traders? +

Can Saint Lucia traders use MetaTrader platforms with both brokers? +

Final Verdict - Saint Lucia 2026

CMC Markets wins overall

After comparing 12 categories, CMC Markets comes out ahead for most Saint Lucia traders.

Open CMC Markets Open IC Markets

Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.

Find Your Best Broker

Compare all brokers for Saint Lucia traders based on your trading style.

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Score Summary

CMC Markets Winner4.2/5

IC Markets 3.6/5

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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.

CMC Markets vs IC Markets: A Detailed Comparison for Saint Lucia Traders

Quick Verdict — Saint Lucia Traders

Overall Scores Comparison

Trading Costs - Spreads & Commissions

Account Types Comparison

Leverage Comparison - Saint Lucia Traders

Trading Instruments - Assets Available

Platforms Comparison

Execution Quality - Speed & Slippage

Regulation & Safety for Saint Lucia Traders

Deposits & Withdrawals for Saint Lucia

Islamic Accounts - Swap-Free for Saint Lucia Muslims

Customer Support Comparison

Mobile App Comparison

Education & Research Tools

Real User Reviews - Trustpilot

Pros & Cons of Each Broker

CMC Markets

IC Markets

Who Should Use Which Broker? - Saint Lucia Guide

Choose CMC Markets if you...

Choose IC Markets if you...

FAQ - CMC Markets vs IC Markets in Saint Lucia

Final Verdict - Saint Lucia 2026

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