Is IC Markets or FP Markets better?

IC Markets and FP Markets score the same on our published methodology (8.8 out of 10) — the right pick depends on which spreads, platforms and regulation fit your needs. See the full breakdown above.

Which is cheaper, IC Markets or FP Markets?

IC Markets and FP Markets both start from similar spreads (0.0 pips vs 0.0 pips). Commission and minimum deposit also differ — see the spec table above.

All comparisons

FIG 01 — HEAD TO HEAD

IC MarketsvsFP Markets

IC Markets is regulated by ASIC, CySEC, FSA (SC), FSCA, CMA with spreads from 0.0 pips and a $200 minimum deposit, while FP Markets is regulated by ASIC, CySEC, FSCA, FSA (SC) with spreads from 0.0 pips and a $100 minimum deposit.

Verified against each broker's site · Aug 2026. Spreads and terms shift often — always confirm current terms on the broker's own site before trading.

FIG 02 — SPECIFICATIONS

IC Markets versus FP Markets
Spec	IC Markets	FP Markets
Rating	8.8	8.8
Trustpilot	4.8 (55,000)	4.8 (10,200)
Regulation	ASIC, CySEC, FSA (SC), FSCA, CMA	ASIC, CySEC, FSCA, FSA (SC)
Min deposit	$200	$100
Spreads from	0.0 pips	0.0 pips
Commission	$3.50/lot/side	$3/lot/side (Raw)
Max leverage	1:1000 (offshore) / 1:30 (ASIC)	1:500 (offshore) / 1:30 (ASIC)
Platforms	MT4, MT5, cTrader, TradingView	MT4, MT5, cTrader, TradingView, IRESS
Founded	2007	2005

FIG 03 — VERDICT

8.8

IC Markets

8.8

FP Markets

IC Markets and FP Markets score the same on our published methodology (8.8 out of 10).

· FP Markets has the lower minimum deposit ($100)
· FP Markets supports more trading platforms (MT4, MT5, cTrader, TradingView, IRESS)

IC Markets

Visit IC Markets Full review

FP Markets

Visit FP Markets Full review

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