Compare FXOpen vs IC Markets

Winner of the comparison

If you don’t want to read the full comparison, the winner of our review is IC Markets, which takes the lead with a rating of 60%, while FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while IC Markets sets it at 200 EUR/USD. Thanks to the lower deposit, FXOpen is more welcoming to traders with smaller budgets. For FXOpen, the spread is 1 EUR/USD, while for IC Markets it is 0.5 EUR/USD. Lower spreads at IC Markets give it the edge. FXOpen offers 95 forex pairs, while IC Markets provides 90. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while IC Markets has been operating since 2007. The longer tradition of FXOpen means greater experience. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while IC Markets has 3. Stricter oversight at IC Markets gives it an advantage. FXOpen supports 3 platforms, while IC Markets offers 3. In terms of platform count, both are on the same level.