IC Markets
FP Markets
Our Rating
8.50
8
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
The vast majority of retail investor accounts lose money when trading CFDs.

Regulations and Licenses

Feature
IC Markets
FP Markets
ASIC (Australia)
CYSEC (Cypus)
Unregulated

Brokerage

Feature
IC Markets
FP Markets
EUR/USD Avg. Raw Spread
0.02
0.20
GBP/USD Avg. Raw Spread
0.23
0.40
AUD/USD Avg. Raw Spread
0.17
0.30
EUR/USD Standard Spread
0.62
1.30
EUR/USD Fixed Spreads
Commissions (USD Base)
$3.50
$3.00
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
15+
10+
No Funding Fees

Markets and Instruments

Feature
IC Markets
FP Markets
Currency Pairs
61+
63+
Cryptocurrency CFDs*
18+
4+
Index CFDs
16+
14+
Share CFDs
100+
12,986+
Commodities CFD
26+
7+
Stockbroking
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
Retail Max. Leverage (The United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
-
500:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
500:1
Retail Max. Leverage (With offshore regulators)
500:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
IC Markets
FP Markets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
ECN pricing
Fastest Limit Order Execution Speed

Overall

IC Markets
FP Markets