BrokerAudit

BrokerAudit may receive compensation from partners featured on this page. This does not influence our ratings. See our methodology.

FxPro vs IC Markets 2026

A detailed head-to-head comparison of FxPro and IC Markets across regulation, trading costs, platforms, and more.

FxPro logo - BrokerAudit
FxPro

Est. 2006 · Limassol, Cyprus

FCACySECFSCA
77/100
Good
IC Markets logo - BrokerAudit
IC Markets

Est. 2007 · Sydney, Australia

ASICCySECCMA
84.2/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
FxProIC Markets

Category-by-Category Winner

Category
FxPro
IC Markets
Regulation & Trust
85
82
Trading Costs
65
95
Platforms & Tools
85
92
Account Conditions
75
80
Deposit & Withdrawal
82
85
Customer Support
78
82
Education & Research
65
62
Overall Score
77
84.2

Detailed Comparison

Overview

Year Founded
2006
2007
Headquarters
Limassol, Cyprus
Sydney, Australia
Publicly Listed
Top Regulators
FCA, CySEC, FSCA
ASIC, CySEC, CMA
Total Instruments
2,200
2,250

Trading Costs

EUR/USD Spread
1.40 pips
0.10 pips
GBP/USD Spread
1.80 pips
0.40 pips
USD/JPY Spread
1.40 pips
0.30 pips
Min. Deposit
$100
$200
Commission/Lot
$7.00
$6.00
Inactivity Fee
$15 after 6 months
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
70
61
CFD Stocks
2,100
2,100
Indices
29
25
Commodities
18
24
Crypto CFDs
30
21

FxPro vs IC Markets: Our Analysis

Overall Verdict

With an overall score of 84.2/100 vs 77/100, IC Markets edges out FxPro by 7.2 points. This moderate gap suggests IC Markets has an edge in several key areas.

Trading Costs

On the EUR/USD pair, FxPro offers an average spread of 1.40 pips with a $7.00 round-turn commission, while IC Markets comes in at 0.10 pips with a $6.00 commission. IC Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at FxPro and $200 at IC Markets.

Regulation & Safety

FxPro holds 5 regulatory licenses with a highest tier of Tier 1 (FCA, CySEC, FSCA), while IC Markets has 5 licenses at Tier 1 (ASIC, CySEC, CMA). Both brokers are equally regulated.

Platform Comparison

FxPro offers MT4, MT5, cTrader, FxPro Edge, FxPro Trading Platform — uniquely offering FxPro Edge, FxPro Trading Platform which IC Markets does not have. IC Markets supports MT4, MT5, cTrader, TradingView, with exclusive access to TradingView. Both brokers offer a comparable range of platforms.

Who Should Choose Which?

FxPro suits beginners seeking education, traders who prioritize safety, while IC Markets is better for cost-conscious traders, traders who want advanced tools. If copy trading matters, IC Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, IC Markets scores higher overall at 84.2/100 compared to FxPro's 77/100. However, "better" depends on your priorities — FxPro may be superior in specific categories like regulation.

IC Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 1.40 pips at FxPro. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

FxPro scores higher for regulation and trust at 85/100, holding licenses from FCA, CySEC, FSCA. IC Markets scores 82/100 with ASIC, CySEC, CMA.

For beginners, FxPro is the stronger choice with an education and research score of 65/100. It offers webinars, and a free demo account. IC Markets scores 62/100 for education.

Yes, there is no restriction on having accounts with both FxPro and IC Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

Related Resources