IC Markets vs. Fxpro

IC Markets
75%
Deposit 200 EUR/USD
Spreads 0.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 90
Country: UK
Regulation:
FCA (UK)
ASIC (Australia)
Cysec
Trading app:
MetaTrader 4 (MT4)
cTrader
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Qiwi
FasaPay
PayPal
Poli
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Fxpro
79%
Deposit 100 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2006
Currency Pairs (Total Forex pairs) 70
Country: Cyprus, UK
Regulation:
FCA (UK)
Authorised in the European Union (EU)
Cysec
Trading app:
MetaTrader 4 (MT4)
cTrader
Desktop Platform (Windows)
Web Platform
MetaTrader 5 (MT5)
Number of CFD asset classes: 3
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
UnionPay
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

60%
IC Markets
Winner
47%
Fxpro
In terms of overall rating, both brokers are equal – both have 60%. IC Markets requires a minimum deposit of 200 EUR/USD, while Fxpro sets it at 100 EUR/USD. Conversely, Fxpro scores with a lower minimum deposit. For IC Markets, the spread is 0.5 EUR/USD, while for Fxpro it is 1.5 EUR/USD. Tighter spreads make IC Markets a more advantageous choice. IC Markets offers 90 forex pairs, while Fxpro provides 70. A wider selection gives IC Markets the advantage. IC Markets was founded in 2007, while Fxpro has been operating since 2006. The older Fxpro has the upper hand in this regard. Unfortunately, neither of them offers this option. IC Markets is overseen by 3 regulatory bodies, while Fxpro has 3. In terms of regulation, both are equal. IC Markets supports 3 platforms, while Fxpro offers 5. More options are provided by Fxpro.

Comprehensive Comparison: IC Markets vs Fxpro

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: IC Markets with an overall rating of 60%
IC Markets
Min. Deposit
200
EUR/USD Spread
0.5
Currency Pairs
90
Year Established
2007
Fxpro
Min. Deposit
100
EUR/USD Spread
1.5
Currency Pairs
70
Year Established
2006

Key Strengths

IC Markets
    • Competitive spreads and low commissions: Low variable spreads, from 0 pips.
    • Wide range of trading instruments: Trading with over 2250 instruments.
    • Support for all trading methods: Scalping, HFT, and automated trading.
Fxpro
    • Unique trading platform
    • Account segregated from other funds
    • Regulated conditions
    • Protection of financial deposits

Comparison by Categories

Trading Tools
IC Markets
100%
Fxpro
100%
Trading Platforms
IC Markets
43%
Fxpro
71%
Trading Costs
IC Markets
80%
Fxpro
80%
Educational Materials
IC Markets
100%
Fxpro
50%
Customer Support
IC Markets
100%
Fxpro
100%
Overall Rating
IC Markets
60%
Fxpro
47%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, IC Markets is an ideal choice for new traders.
Best Platform
The trading platform of broker Fxpro offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# IC Markets Fxpro
Currency Pairs (Total Forex pairs) 90 70
CFDs – Total Offered 300+ 260
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 38%
Winner
Cost
# IC Markets Fxpro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.5 1.5
Deposit from 200 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# IC Markets Fxpro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 71%
Winner
Trading Tools
# IC Markets Fxpro
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 100%
Winner
Research
# IC Markets Fxpro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 100% 33%
Winner
Education
# IC Markets Fxpro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 100% 50%
Winner
Forex
# IC Markets Fxpro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# IC Markets Fxpro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 91% 73%
Winner
Indicies
# IC Markets Fxpro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# IC Markets Fxpro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 50% 0%
Winner
Regulations
# IC Markets Fxpro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 50% 50%
Winner
Support
# IC Markets Fxpro
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# IC Markets Fxpro
Go to the full broker review IC Markets Fxpro
Win / Loss % 60% 47%
Winner