IC Markets
FP Markets

Regulations and Licenses

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

Brokerage

Feature
IC Markets
FP Markets
EUR/USD Avg. Raw Spread
0.02
0.20
GBP/USD Avg. Raw Spread
0.23
0.70
AUD/USD Avg. Raw Spread
0.17
0.40
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
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

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

Overall

IC Markets
FP Markets