IC Markets
FxPro

Regulations and Licenses

Feature
IC Markets
FxPro
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
FSA (Seychelles)
FSC (Mauritius)
SCB (Bahamas)

Brokerage

Feature
IC Markets
FxPro
EUR/USD Avg. Raw Spread
0.02
0.32
GBP/USD Avg. Raw Spread
0.23
0.37
AUD/USD Avg. Raw Spread
0.17
0.51
EUR/USD Standard Spread
0.62
1.32
EUR/USD Fixed Spreads
-
1.96
GBP/USD Avg. Standard Spread
0.83
1.7
AUD/USD Avg. Standard Spread
0.77
1.95
Commissions (USD Base)
$3.50
$3.50
Minimum Deposit
$0
$0
Swap Free Account
No Inactivity Fees
Funding Methods
15+
4+
No Funding Fees

Markets and Instruments

Feature
IC Markets
FxPro
Currency Pairs
61+
69+
Cryptocurrency CFDs*
18+
30+
Index CFDs
16+
24+
Share CFDs
100+
150+
Commodities CFD
26+
21+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 200:1
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
200:1
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
200:1
Pro. Max. Leverage (New Zealand)
-
200:1
Professional Leverage
-
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
FxPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

IC Markets
FxPro
Our Rating
850
610
 

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between FxPro and IC Markets:

  • IC Markets is an ECN pricing forex broker, while FxPro uses NDD execution for low spreads.
  • Both brokers offer 250+ tradable CFD instruments, 60+ currency pairs, and MT4 + 5 and cTrader platforms.
  • IC Markets offers a Raw Spread Account with tighter spreads and a commission fee, whereas FxPro customers are limited to spread-only account types on MetaTrader platforms.
  • IC Markets provides access to social-copy trading features like ZuluTrade and Myfxbook, while FxPro does not offer any social trading tools.
  • IC Markets offers tighter average spreads on major currency pairs like EUR/USD at 0.1 pips compared to FxPro’s wider spreads.