FXTM vs IC Markets 2026: Which Broker is Better?
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 vs IC Markets: Key Differences
FXTM
WinnerIC Markets
Still deciding between FXTM and IC Markets?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
FXTM
IC Markets
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Lower minimum deposit ($10)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- Tighter spreads (from 0 pips)
- More market types (6)
- More established (est. 2007)
Also consider
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.
Both FXTM & IC Markets are available in
Frequently Asked Questions
1Is FXTM better than IC Markets?
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.
2Which has lower fees, FXTM or IC Markets?
FXTM offers spreads from 0.1 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs IC Markets?
FXTM requires a minimum deposit of $10. IC Markets requires $200.
4Which broker is safer, FXTM or IC Markets?
FXTM is regulated by FCA, CySEC, FSCA, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do FXTM and IC Markets support?
FXTM supports MT4, MT5. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both FXTM 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
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply
