Side-by-side broker analysis
FP Markets vs IC Markets
Live comparison from our broker database — regulation, trading costs, platforms, deposits, safety scores, and service quality.
IC Markets
Lowest min. deposit
FP Markets
$100
Highest rating
IC Markets
5.0/5
Best safety score
FP Markets
54/100
FP Markets leads this comparison based on leads on rating, safety, regulation, and overall trading profile in our database.
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Overview
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Overall rating | 4.0/5 | 5.0/5 |
| Safety score | 54/100 | 43/100 |
| Risk status | High Risk | High Risk |
| Trust score | — | — |
| User reviews | — | 1 |
| Founded | — | — |
| Headquarters | Australia | IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles. |
| Top feature | ECN Raw Spreads from 0.0 Pips – Access interbank pricing with $3/lot commissions and | Offers ultra-low spreads from 0.0 pips with fast execution speeds. |
Regulation & Safety
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Regulators | CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius) | — |
| Regulatory tier | — | — |
| Broker type | Regulated | Unregulated |
| Investor protection | No | No |
| Segregated funds | Yes | Yes |
| Negative balance protection | No | No |
Trading Conditions
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Minimum deposit | $100 | $200 |
| Average spreads | From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission) | Starts from 0.0 |
| Commission | None | None |
| Maximum leverage | Up to 1:500 | 1:500 |
| Fee level | Medium | Medium |
| Withdrawal fee | — | — |
Accounts & Markets
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Account types | Standard and Raw accounts are available on both MT4 and MT5 platforms. | Standard Account, Raw Spread Account |
| Tradable instruments | — | — |
| Markets | — | — |
Platforms & Tools
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView | — |
| Mobile trading | Yes | Yes |
| Web trader | Yes | Yes |
| VPS hosting | Yes | Yes |
| Social trading | Yes | Yes |
Deposits & Withdrawals
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Deposit methods | Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, PayPal, Poli, PaySafeCard, Bitcoin, Local methods (e.g., BPay for AU, Ngan Luong for Vietnam) | IC Markets supports deposits via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Most are instant, while bank wires take 2-5 days. No deposit fees, but third-party charges may apply. |
| Withdrawal methods | Same as deposits; processed 1-3 days (instant for e-wallets) | IC Markets offers withdrawals via Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Crypto, and Local Bank Transfers. Processing times vary, with most methods taking 1-2 business days. No withdrawal fees, but third-party charges may apply. |
| Payment methods | 15+ options including cryptocurrencies (BTC/ETH), regional gateways (e.g., Paytrust88 for Asia); no third-party payments; min. $50 for most | Bank Wire Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, FasaPay, Broker to Broker Transfer. |
Support & Service
| Metric |
FP Markets
|
IC Markets
|
|---|---|---|
| Support channels | 24/7 multilingual customer support via live chat, email, and phone. | 24/7 support via live chat, email, and phone. |
| Languages | 18+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese | English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese. |
| Account managers | Yes | Yes |
Still deciding between FP Markets and IC Markets?
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