IC Markets vs FP Markets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

IC Markets
IC Markets
VS
FP Markets
FP Markets

Quick Summary

Best for Beginners

FP Markets

$100.00

Tightest Spreads

FP Markets

From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission) pips

Highest Leverage

FP Markets

1:Up to 1:500

Best Rated

FP Markets

4.00
/5

Mobile Trading

Both

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General Information

IC Markets

Regulation

Founded

N/A

Headquarters

IC Markets operates globally, with entities regulated in Australia, Cyprus, and Seychelles.

Overall Rating

4.00/5

FP Markets

Regulation

CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Australia

Overall Rating

4.00/5

Trading Conditions

Feature IC Markets FP Markets
Minimum Deposit $200.00 $100.00
Average Spreads Starts from 0.0 From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission)
Maximum Leverage 1:500 Up to 1:500
Commission None None

Account Types

IC Markets

Standard Accounts Raw Account

FP Markets

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account

Platforms & Tools

IC Markets

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

FP Markets

MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

IC Markets

Deposit Methods

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

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.

Withdrawal Fee

None

FP 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)

Withdrawal Methods

Same as deposits; processed 1-3 days (instant for e-wallets)

Withdrawal Fee

None

Support

IC Markets

Support Languages

English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese.

Support Channels

24/7 support via live chat, email, and phone.

Account Manager

Available

FP Markets

Support Languages

18+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese

Support Channels

24/7 multilingual customer support via live chat, email, and phone.

Account Manager

Available

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