Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

FBS vs IC Markets 2026: Which Broker is Better?

When comparing FBS and IC Markets, the key difference lies in their approach to leverage and minimum deposit requirements. FBS, with a rating of 3.88/5, offers extremely high leverage up to 1:3000 and a minimal deposit threshold of just $1, appealing primarily to high-risk traders and those with limited capital, especially in regions like Asia, Africa, and Latin America. Conversely, IC Markets, rated 3.87/5, attracts professional traders with its ultra-low spreads and fast execution speeds, requiring a higher minimum deposit of $200 and offering a maximum leverage of 1:500. Both brokers offer a wide range of markets and robust platforms, but their distinct features cater to different trading styles and risk appetites.

FBS

IC Markets

FBSIC Markets
BrokerRank Score3.9/5 ✓3.9/5
Min. Deposit$1 ✓$200
Spread from0 pips0 pips
Max Leverage1:3000 ✓1:500
RegulationCySEC, ASIC, FSCA ✓ASIC, CySEC
PlatformsMT4, MT5, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
FBSIC Markets
Best for Low Fees
FBSIC Markets
Best for Regulation
FBSIC Markets
Quick Answer

FBS (3.9/5) and IC Markets (3.9/5) are closely matched. FBS has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

FBS vs IC Markets: Key Differences

Feature

FBS

Winner

IC Markets

Our Rating
3.9 / 5
3.9 / 5
Min. Deposit
$1
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3.5/lot
Platforms
MT4, MT5, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2009
2007
Headquarters
Limassol, Cyprus
Sydney, Australia
Score
3 / 3
0 / 3

Still deciding between FBS and IC Markets?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

FBS

Lower fees

IC Markets

Spread From
0 pips
0 pips
Commission
None
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FBS is better suited for beginners due to its low minimum deposit requirement of $1 and the availability of cent accounts, making it accessible for novices looking to start trading with minimal financial commitment. IC Markets, on the other hand, is more appealing to professional traders thanks to its ultra-low spreads from 0.0 pips and fast execution speeds, which are critical for high-frequency trading strategies. In terms of fees, IC Markets offers a more competitive fee structure with tighter spreads, albeit with a commission, making it a cost-effective choice for traders prioritising low transaction costs.

Who Should Choose Which?

FBS

FBS

3.9/5

Top pick

Choose FBS if you want…

  • No per-trade commission
  • Lower minimum deposit ($1)
  • Higher leverage (up to 1:3000)
  • More regulatory licences (3)
IC Markets

IC Markets

3.9/5

Choose IC Markets if you want…

  • More established (est. 2007)
  • More platforms (4 supported)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both FBS & IC Markets are available in

Frequently Asked Questions

1

Is FBS better than IC Markets?

FBS (3.9/5) and IC Markets (3.9/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, FBS or IC Markets?

FBS offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FBS vs IC Markets?

FBS requires a minimum deposit of $1. IC Markets requires $200.

4

Which broker is safer, FBS or IC Markets?

FBS is regulated by CySEC, ASIC, FSCA, while IC Markets holds licences from ASIC, CySEC.

5

What trading platforms do FBS and IC Markets support?

FBS supports MT4, MT5, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both FBS and IC Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply