FXTM
IC Markets
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
When comparing FXTM and IC Markets, the key difference lies in their approach to leverage and trading costs. FXTM, with its maximum leverage of 1:2000 and a low minimum deposit requirement of $10, appeals to traders who prefer high leverage and accessibility, particularly in Africa and Asia. Conversely, IC Markets offers ultra-low spreads starting from 0.0 pips and fast execution, catering to more experienced traders who prioritise cost efficiency and trading speed. Both brokers provide robust platform options, but IC Markets' extensive offering of TradingView and proprietary mobile applications adds an edge for tech-savvy traders.
FXTM
IC Markets
| FXTM | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $10 ✓ | $200 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:500 |
| Regulation | FCA, CySEC, FSCA ✓ | ASIC, CySEC |
| Platforms | MT4, MT5 | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM
WinnerIC Markets
FXTM
IC Markets
FXTM
3.6/5
Choose FXTM if you want…
IC Markets
3.9/5
Choose IC Markets if you want…
IC Markets scores higher overall on our independent rating system. FXTM holds a 3.6/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FXTM offers spreads from 0.1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. IC Markets requires $200.
FXTM is regulated by FCA, CySEC, FSCA, while IC Markets holds licences from ASIC, CySEC.
FXTM supports MT4, MT5. 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.