IC Markets vs FXTM 2026: Which Broker is Better?
Choosing between IC Markets and FXTM depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while FXTM operates from Limassol, Cyprus. IC Markets has the longer track record, established in 2007, compared to FXTM which was founded in 2011. 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
FXTM
| IC Markets | FXTM | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $200 | $10 ✓ |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 | 1:2000 ✓ |
| Regulation | ASIC, CySEC | FCA, CySEC, FSCA ✓ |
| Platforms | MT4, MT5, TradingView | MT4, MT5 |
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 belowIC Markets vs FXTM: Key Differences
IC Markets
FXTM
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Fees Comparison
IC Markets
FXTM
Regulation & Trust
IC Markets holds licences from ASIC, CySEC. FXTM is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices markets. IC Markets additionally covers Crypto. FXTM adds Commodities.
Fees & Spreads
On spreads, IC Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
Trading Platforms
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. FXTM offers MT4, MT5. Both brokers are available on MT4, MT5.
Minimum Deposit
IC Markets requires a minimum deposit of $200, while FXTM sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IC Markets at 3.87/5 and FXTM at 3.59/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
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)
FXTM
3.6/5
Choose FXTM if you want…
- Lower minimum deposit ($10)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
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 & FXTM are available in
Frequently Asked Questions
1Is IC Markets better than FXTM?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IC Markets or FXTM?
IC Markets offers spreads from 0 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs FXTM?
IC Markets requires a minimum deposit of $200. FXTM requires $10.
4Which broker is safer, IC Markets or FXTM?
IC Markets is regulated by ASIC, CySEC, while FXTM holds licences from FCA, CySEC, FSCA.
5What trading platforms do IC Markets and FXTM support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. FXTM supports MT4, MT5.
6Can I use both IC Markets and FXTM?
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.
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