IC Markets Vs IG For Kuwait Traders (2026)

When comparing trading costs for Kuwait traders, IC Markets clearly outperforms IG. IC Markets offers Raw Spread accounts with spreads from 0.0 pips and a commission of $3.50 per lot round-turn, ideal for scalpers and day traders. IG’s standard spreads start around 0.8 pips on EUR/USD with no commission, but this can be significantly more expensive for high-volume traders in Kuwait. For example, trading 10 lots per day on EUR/USD, IC Markets would cost roughly $35 in commissions, while IG would cost about $80 in spreads—a 56% saving with IC Markets. Additionally, IC Markets supports USDT deposits, which can reduce currency conversion costs for Kuwait traders using crypto-based funding.

Kuwait traders have access to industry-leading platforms from both brokers. IC Markets provides MetaTrader 4, MetaTrader 5, cTrader, and a web-based platform, all compatible with Windows, Mac, iOS, and Android. IG offers its proprietary web platform, MetaTrader 4, and ProRealTime, with advanced charting and automated trading tools. For Kuwait traders who prioritize speed and customization, IC Markets’ cTrader is a standout choice, offering fast execution and detailed analytics. IG’s platform is more beginner-friendly with integrated news and analysis, but lacks the raw speed that experienced Kuwait traders often need.

IC Markets is renowned for its ultra-fast execution, with average speeds under 40ms and no dealing desk intervention, thanks to its Equinix NY4 data center. IG’s execution is also competitive, averaging 50-60ms, but it uses a market maker model for some orders, which can lead to requotes during volatile markets. For Kuwait traders trading volatile currency pairs or using scalping strategies, IC Markets’ execution quality is superior.

Kuwait traders can fund their accounts conveniently at both brokers using Bank Transfer, Skrill, Neteller, and USDT. IC Markets also accepts credit/debit cards and PayPal, while IG adds Apple Pay, Google Pay, and bank wire. Minimum deposits are $0 for IC Markets and $250 for IG. Withdrawals are processed quickly: e-wallets (Skrill, Neteller) and USDT typically take 1-24 hours, while Bank Transfers may take 1-3 business days. IC Markets has a slight edge with no deposit fees for USDT, while IG charges a small fee for some withdrawal methods. Both brokers support KWD currency conversion, but using USDT can help Kuwait traders avoid bank conversion charges.

Both IC Markets and IG offer Islamic (swap-free) accounts tailored to Kuwaiti Muslim traders who require compliance with Sharia law. IC Markets provides swap-free accounts on all account types—Standard, Raw Spread, and cTrader—with no time limit or hidden fees, making it ideal for long-term position traders. IG offers Islamic accounts on its standard account, also with no swap charges, but it may restrict certain trading strategies like hedging. For Kuwait traders seeking flexibility and zero swap costs, IC Markets’ Islamic account is more accommodating, especially for those using EA trading or holding positions overnight.

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with dedicated Arabic-speaking agents available during Kuwait business hours. IG also provides 24/5 support in English and Arabic, with a comprehensive FAQ section. For Kuwait traders, IC Markets’ round-the-clock support is beneficial for resolving issues during after-hours trading, while IG’s support is reliable but limited to weekday coverage.