FP Markets
IC Markets
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FP Markets
Capital at risk · T&Cs apply
FP Markets and IC Markets are both prominent Australian brokers, offering comprehensive trading options across forex, CFDs, stocks, indices, commodities, and cryptocurrencies. The key difference lies in their minimum deposit requirements, with FP Markets offering a lower entry point of $100 compared to IC Markets' $200, appealing to traders with smaller capital. FP Markets is favoured by traders seeking low entry costs and access to TradingView, while IC Markets attracts those prioritising ultra-low spreads and fast execution speeds. Both are regulated by ASIC and CySEC, ensuring a secure trading environment.
FP Markets
IC Markets
| FP Markets | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 3.9/5 ✓ |
| Min. Deposit | $100 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | ASIC, CySEC |
| Platforms | MT4, MT5, TradingView | MT4, MT5, TradingView |
FP Markets (3.8/5) and IC Markets (3.9/5) are closely matched. FP Markets has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFP Markets
WinnerIC Markets
FP Markets
Lower feesIC Markets
FP Markets
3.8/5
Choose FP Markets if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
Similar strengths to FP Markets — compare below.
FP Markets (3.8/5) 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.
FP Markets offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. IC Markets requires $200.
FP Markets is regulated by ASIC, CySEC, while IC Markets holds licences from ASIC, CySEC.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.