IC Markets vs FP Markets 2026: Which Broker is Better?
Choosing between IC Markets and FP Markets depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia. FP Markets has the longer track record, established in 2005, compared to IC Markets which was founded in 2007. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IC Markets
FP Markets
| IC Markets | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $200 | $100 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | ASIC, CySEC |
| Platforms | MT4, MT5, TradingView | MT4, MT5, TradingView |
IC Markets (3.9/5) and FP Markets (3.8/5) are closely matched. IC Markets has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowIC Markets vs FP Markets: Key Differences
IC Markets
FP Markets
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Fees Comparison
IC Markets
FP Markets
Lower feesRegulation & Trust
IC Markets holds licences from ASIC, CySEC. FP Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. IC Markets additionally covers Crypto. FP Markets adds Commodities.
Trading Platforms
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. FP Markets offers MT4, MT5, TradingView, Proprietary Mobile. Both brokers are available on MT4, MT5, TradingView, Proprietary Mobile.
Minimum Deposit
IC Markets requires a minimum deposit of $200, while FP Markets sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IC Markets at 3.87/5 and FP Markets at 3.84/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
IC Markets
3.9/5
Choose IC Markets if you want…
Similar strengths to FP Markets — compare below.
FP Markets
3.8/5
Choose FP Markets if you want…
- Lower minimum deposit ($100)
- More established (est. 2005)
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 IC Markets & FP Markets are available in
Frequently Asked Questions
1Is IC Markets better than FP Markets?
IC Markets (3.9/5) and FP Markets (3.8/5) 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.
2Which has lower fees, IC Markets or FP Markets?
IC Markets offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs FP Markets?
IC Markets requires a minimum deposit of $200. FP Markets requires $100.
4Which broker is safer, IC Markets or FP Markets?
IC Markets is regulated by ASIC, CySEC, while FP Markets holds licences from ASIC, CySEC.
5What trading platforms do IC Markets and FP Markets support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both IC Markets and FP Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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