HomeCompareIC Markets vs LibertexKazakhstan
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Kazakhstan
Complete Head-to-Head Comparison · 2026

IC Markets vs Libertex for Kazakhstan Traders (2026)

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

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Kazakhstan traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Kazakhstan Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
IC Markets
Swap-free for Kazakhstan Muslims
Best for Beginners
Libertex
Better education & support
$200 vs $10
Min deposit
1:5000 vs 1:999
Max leverage
ASIC vs CySEC
Top regulator
3.6 vs 3.8
Our scores
Table of Contents

Kazakhstan traders looking for a reliable forex broker often compare IC Markets and Libertex. IC Markets, with a stellar 4.8/5 rating, is a global leader known for its ultra-low spreads and institutional-grade execution. Libertex, scoring 3.7/5, is a European broker popular for its user-friendly platform and diverse asset range, including cryptocurrencies and stocks. For Kazakhstan traders, the choice depends on trading style: IC Markets suits active scalpers and day traders needing low costs, while Libertex appeals to beginners seeking simplicity and local payment options like Bank Transfer, Skrill, Neteller, or USDT TRC20. Both brokers accept clients from Kazakhstan, but neither is directly regulated by the local financial regulator, so traders must rely on international oversight. This comparison covers spreads, platforms, deposits, and regulation to help you decide based on your specific needs in the Kazakhstan market.

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Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
LI
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.7
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.5
Regulation
Safety, oversight
3.9
WIN
3.3
Deposits
Local payments
3.7
3.9
WIN
Customer Support
24/5, chat, phone
3.4
3.6
WIN
Education
Webinars, guides
3.3
3.5
WIN
Execution
Speed, slippage
3.7
WIN
3.6
Mobile App
iOS, Android
3.6
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$10Libertex

IC Markets offers significantly lower trading costs for Kazakhstan traders, with spreads from 0.0 pips on the Raw Spread account and a commission of $7 per lot round-turn. Libertex has wider spreads, averaging 1.0-1.5 pips on EUR/USD, with no commission but higher overall costs. For a typical Kazakhstan trader executing 10 lots per month, IC Markets can save up to $100 in spreads compared to Libertex. The cost advantage is even greater for high-volume traders, making IC Markets the preferred choice for cost-conscious traders in Kazakhstan.

📂

Account Types Comparison

Account TypeIC MarketsLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$10
⚖️

Leverage Comparison - Kazakhstan Traders

Entity / AssetIC MarketsLibertex
Kazakhstan (offshore)Up to 1:5000Up to 1:999
Forex major pairs1:50001:999
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Kazakhstan Traders
Traders in Kazakhstan typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsLibertexWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDsLibertex
ETFsTie
🖥️

Platforms Comparison

PlatformIC MarketsLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all popular among Kazakhstan traders for their advanced charting tools, automated trading, and fast execution. Libertex offers its proprietary web and mobile platforms, which are simpler and more intuitive but lack the depth of MT4/5. For Kazakhstan traders who rely on Expert Advisors (EAs) or algorithmic trading, IC Markets is the clear winner. Libertex’s platform is better suited for beginners or those who prefer a straightforward interface without the learning curve.

Execution Quality - Speed & Slippage

FactorIC MarketsLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

IC Markets excels in execution quality with ultra-low latency and no requotes, leveraging Equinix NY4 data centers for speeds under 1ms. Libertex uses market execution but may experience slippage during volatile periods. For Kazakhstan traders trading major pairs like EUR/USD or gold, IC Markets’ execution is superior, especially for scalping strategies.

🛡️

Regulation & Safety for Kazakhstan Traders

Safety FactorIC MarketsLibertex
Primary regulatorASICCySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by top-tier authorities like ASIC (Australia) and CySEC (Cyprus), providing strong client fund protection. Libertex is regulated by CySEC and the FSC (Belize). Neither broker is regulated by the local financial regulator in Kazakhstan, so traders must rely on international oversight. IC Markets’ regulatory framework offers higher security, including compensation schemes for EU clients, while Libertex’s Belize regulation provides less protection. Kazakhstan traders should verify the broker’s license and choose based on their risk tolerance.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Kazakhstan traders may differ by entity.
💳

Deposits & Withdrawals for Kazakhstan

Payment MethodIC MarketsLibertex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days5 business days

Both IC Markets and Libertex support deposits and withdrawals via Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular among Kazakhstan traders for low fees and fast processing. IC Markets has a minimum deposit of $200, while Libertex requires only $50. Withdrawals at IC Markets are processed within 24 hours for e-wallets and crypto, while Libertex may take 1-3 business days. USDT TRC20 deposits are instant and fee-free at both brokers, making them ideal for Kazakhstan traders seeking efficiency. Bank transfers are slower but reliable for larger amounts.

☪️

Islamic Accounts - Swap-Free for Kazakhstan Muslims

Islamic Account FeatureIC MarketsLibertex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

IC Markets offers Islamic (swap-free) accounts on all account types, including Standard and Raw Spread, with no swap charges on overnight positions, ideal for Kazakhstan Muslim traders. Libertex provides Islamic accounts upon request, but they may have holding period limits (e.g., 30 days) before swap fees apply. IC Markets’ policy is more flexible and trader-friendly, while Libertex’s restrictions may be a drawback for long-term position holders in Kazakhstan.

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 FeatureIC MarketsLibertexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with multilingual agents including Russian-speaking support for Kazakhstan traders. Libertex also provides 24/5 support with live chat and email but lacks 24/7 availability. IC Markets’ faster response times and dedicated support for technical issues give it an edge for Kazakhstan traders who need immediate assistance.

📱

Mobile App Comparison

Mobile FeatureIC MarketsLibertexWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Kazakhstan Guide

Choose IC Markets if you...

  • Are an active day trader or scalper needing tight spreads and fast execution
  • Use MetaTrader 4/5 or cTrader with Expert Advisors (EAs)
  • Trade high volumes and want lower costs per lot
  • Prefer a broker with top-tier regulation (ASIC, CySEC) for security

Choose Libertex if you...

  • Are a beginner looking for a simple, all-in-one platform
  • Want to trade stocks, ETFs, and cryptocurrencies alongside forex
  • Prefer a lower minimum deposit ($50) for starting small
  • Need local payment options like Qiwi or Yandex.Money

FAQ - IC Markets vs Libertex in Kazakhstan

Is IC Markets or Libertex better for Kazakhstan? +
Can Kazakhstan traders use both brokers legally? +
Which broker has lower spreads for Kazakhstan traders? +
How do Kazakhstan traders deposit at IC Markets and Libertex? +
Do both brokers offer Islamic accounts for Kazakhstan? +

Final Verdict - Kazakhstan 2026

Libertex wins overall

For Kazakhstan traders, IC Markets is the superior choice overall, offering lower spreads, better platforms, and stronger regulation. Its 4.8/5 rating reflects its reliability and cost efficiency, especially for active traders using Bank Transfer, Skrill, Neteller, or USDT TRC20 for deposits. Libertex is a decent alternative for beginners or those wanting a simpler platform and lower entry barrier, but its higher spreads and weaker regulation make it less competitive. Considering the local financial regulator’s oversight is absent for both, IC Markets’ international regulation provides greater peace of mind. We recommend IC Markets for most Kazakhstan retail traders seeking value and performance.

Open IC MarketsOpen Libertex
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 Kazakhstan traders based on your trading style.
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Score Summary
IC Markets 3.6/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.