Quick Verdict — Syria Traders
Best Overall
IG
Higher overall score & more features
Best Spreads
IG
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Syria Muslims
Best for Beginners
IG
Better education & support
1:5000 vs 1:200
Max leverage
Head-to-head comparison
Syria traders looking for a reliable forex broker face unique challenges, including limited local banking options and currency instability. In this comparison, we pit IC Markets (rated 4.8/5) against IG (rated 4.2/5) to help you choose the best broker for retail trading in Syria. IC Markets is known for its ultra-low spreads and support for USDT deposits, while IG offers a robust platform and strong educational resources. Both brokers accept Syria residents, but their offerings differ significantly in costs and payment methods. With the Syrian pound under pressure, traders often prefer USD accounts and fast deposit options like Skrill and Neteller. This guide covers spreads, platforms, regulation, and local payment methods specific to Syria.
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Overall Scores Comparison
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
VS
IG
FCA · ASIC · MAS
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | IC Markets | IG | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | IG |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | IG |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | IG |
| Standard acc spread | from 1.0 pips | from 0.8 pips | IG |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $0 | IG |
For Syria traders, trading costs are critical due to limited capital. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot, while IG’s average spread on EUR/USD is 0.6 pips with no commission. On a $10,000 monthly volume, IC Markets costs around $35 per lot, while IG costs about $60. IC Markets is cheaper for high-volume traders, making it ideal for Syria scalpers.
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Account Types Comparison
| Account Type | IC Markets | IG |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $0 |
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Leverage Comparison - Syria Traders
| Entity / Asset | IC Markets | IG |
|---|
| Syria (offshore) | Up to 1:5000 | Up to 1:200 |
| Forex major pairs | 1:5000 | 1:200 |
| 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 Syria Traders
Traders in Syria 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 | IC Markets | IG | Winner |
|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | IG |
| ETFs | ✗ | ✓ | Tie |
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Execution Quality - Speed & Slippage
| Factor | IC Markets | IG | Winner |
|---|
| Execution model | ECN/STP | True ECN | IG |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets offers ultra-fast execution with an average speed of 40ms, ideal for Syria scalpers. IG’s execution is slightly slower at 100ms. Both brokers have no requotes, but IC Markets’ lower latency gives it an edge for active traders.
🛡️
Regulation & Safety for Syria Traders
| Safety Factor | IC Markets | IG |
|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets Global is not
FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. For Syria traders, these international regulators provide a safety net, but the local financial regulator does not oversee either broker.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Syria traders may differ by entity.
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Deposits & Withdrawals for Syria
| Payment Method | IC Markets | IG |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 to 5 business days |
Syria traders can fund their IC Markets account via Bank Transfer, Skrill, Neteller, and USDT—all processed instantly. IG only supports Bank Transfer and Skrill for Syria, with longer processing times. USDT deposits are a game-changer for Syria, bypassing banking restrictions. Withdrawals at IC Markets are free via Skrill and Neteller, while IG charges fees for bank transfers. IC Markets is more flexible for Syria traders.
☪️
Islamic Accounts - Swap-Free for Syria Muslims
| Islamic Account Feature | IC Markets | IG |
|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Syria Muslim traders. IC Markets provides them on all account types with no extra fees, while IG applies a small admin fee after holding positions overnight. For long-term traders in Syria, IC Markets’ Islamic account is more cost-effective.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | IC Markets | IG | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 live chat and email support, with Arabic language assistance available. IG provides 24/5 phone and chat support, but Arabic support is limited. For Syria traders, IC Markets’ round-the-clock availability is a plus.
| Mobile Feature | IC Markets | IG | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | IG |
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Education & Research Tools
| Resource | IC Markets | IG | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
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Real User Reviews - Trustpilot
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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
IG
Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤
Who Should Use Which Broker? - Syria Guide
Choose IC Markets if you...
- Want the lowest spreads for high-volume trading in Syria.
- Need USDT, Skrill, or Neteller deposits for fast funding.
- Prefer cTrader or MetaTrader platforms with advanced tools.
- Are a scalper or day trader needing ultra-fast execution.
Choose IG if you...
- Value a well-known brand with strong educational resources.
- Trade lower volumes and prefer no-commission accounts.
- Need a simple, user-friendly platform for occasional trading.
- Want FCA regulation for added trust in Syria.
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FAQ - IC Markets vs IG in Syria
Is IC Markets or IG better for Syria?
+Can Syria traders use both brokers legally?
+Which broker has lower spreads for Syria traders?
+How do Syria traders deposit at IC Markets and IG?
+Do both brokers offer Islamic accounts for Syria?
+Final Verdict - Syria 2026
IG wins overall
For Syria traders, IC Markets is the clear winner due to its lower spreads, support for USDT, Skrill, and Neteller deposits, and faster execution. IG is a solid alternative for beginners or those prioritizing brand reputation, but its higher costs and limited payment options make it less suitable for active Syria traders. With the local financial regulator not overseeing either broker, IC Markets’ flexibility with local payment methods and Islamic accounts gives it a decisive edge in 2026.
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 October 2026.
