IC Markets
FP Markets
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IC Markets
Capital at risk · T&Cs apply
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
FP Markets
WinnerIC Markets
FP Markets
Lower feesIC Markets holds licences from ASIC, CySEC. FP Markets is regulated by ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. IC Markets additionally covers Crypto. FP Markets adds Commodities.
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.
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.
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.
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…
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.
IC Markets offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. FP Markets requires $100.
IC Markets is regulated by ASIC, CySEC, while FP Markets holds licences from ASIC, CySEC.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. FP 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.