FXOpen vs. IC Markets
Comparison: FXOpen vs. IC Markets – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.
Winner of this comparison: IC Markets with an overall rating of 60%
Basic information
FXOpen 
IC Markets Basic information
- Deposit
- 100 EUR/USD
- 200 EUR/USD
- Spreads
- 1 EUR/USD
- 0.5 EUR/USD
- Established
- 2005
- 2007
- Currency Pairs (Total Forex pairs)
- 95
- 90
- Country
- UK, Australia
- UK
- Regulation
- FCA (UK), ASIC (Australia)
- FCA (UK), ASIC (Australia), Cysec
- Trading app
- MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5)
- MetaTrader 4 (MT4), cTrader, MetaTrader 5 (MT5)
- Number of CFD asset classes
- 5
- 6
- Broker type
- MM
- MM
- Support
- Phone, Mail, Chat
- Phone, Mail, Chat
- Funding methods
- * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire
- * Some of the payment methods may not be available in your country. Skrill, Qiwi, FasaPay, PayPal, Poli, Visa/Mastercard, Bank Wire
- Real Stocks and ETFs
- Yes
- Yes
*The value is indicative from the broker's website. The spread amount is variable.
Comparison Result
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.
36%
FXOpen
60%
IC Markets
Key Strengths
FXOpen
- Micro accounts from just 1 USD allow starting with minimal capital
- Support for MetaTrader 4 and 5 - the standard among traders
- Free demo accounts for practicing strategies
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.
Comparison by Categories
Comprehensive Comparison: FXOpen vs IC Markets
FXOpen IC Markets Investments
62 % 75 %- Currency Pairs (Total Forex pairs)
- 95
- 90
- CFDs – Total Offered
- 110+
- 300+
- Options CFD
- No
- No
- Share CFDs
- Yes
- Yes
- Forex CFD
- Yes
- Yes
- Commodities CFD
- Yes
- Yes
- ETF CFD
- No
- Yes
- Indicies CFD
- Yes
- Yes
- Cryptocurrency traded as actual
- No
- No
- Cryptocurrency traded as CFD
- Yes
- Yes
- Winner
- No
- No
Cost
80 % 80 %- Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
- 1
- 0.5
- Deposit from
- 100
- 200
- Account fee
- No
- No
- Inactivity fee
- Yes
- Yes
- Active Trader or VIP Discounts
- No
- No
- Withdrawal fees
- No
- No
- Deposit fees
- No
- No
- Winner
- No
- No
Trading app
43 % 43 %- Desktop Platform (Windows)
- Yes
- No
- Web Platform
- No
- No
- Social Trading / Copy-Trading
- No
- No
- MetaTrader 4 (MT4)
- Yes
- Yes
- MetaTrader 5 (MT5)
- Yes
- Yes
- Currenex
- No
- No
- cTrader
- No
- Yes
- Winner
- No
- No
Trading Tools
100 % 100 %- Financial leverage
- Yes
- Yes
- Virtual Trading (Demo)
- Yes
- Yes
- Alerts – Basic Fields
- Yes
- Yes
- Charting – Indicators / Studies (Total)
- Yes
- Yes
- Charting – Drawing Tools (Total)
- Yes
- Yes
- Charting – Trade From Chart
- Yes
- Yes
- Stop-Loss
- Yes
- Yes
- Finacial Calendar
- Yes
- Yes
- Daily financial news
- Yes
- Yes
- Order Type – Trailing Stop
- Yes
- Yes
- Winner
- No
- No
Research
33 % 100 %- Daily Market Commentary
- Yes
- Yes
- Forex News (Top-Tier Sources)
- Yes
- Yes
- Weekly Webinars
- No
- Yes
- Social Sentiment – Currency Pairs
- No
- Yes
- Economic Calendar
- No
- Yes
- Research
- No
- Yes
- Winner
- No
- No
Education
33 % 100 %- Has Education – Forex
- Yes
- Yes
- Has Education – CFDs
- Yes
- Yes
- Client Webinars
- No
- Yes
- Videos – Advanced Trading Videos
- No
- Yes
- Investor Dictionary (Glossary)
- No
- Yes
- Education
- No
- Yes
- Winner
- No
- No
Forex
100 % 100 %- GBP/USD
- Yes
- Yes
- USD/JPY
- Yes
- Yes
- EUR/USD
- Yes
- Yes
- USD/CHF
- Yes
- Yes
- USD/CAD
- Yes
- Yes
- NZD/USD
- Yes
- Yes
- AUD/USD
- Yes
- Yes
- Winner
- No
- No
Commodities
0 % 91 %- Gold
- No
- No
- Silver
- No
- Yes
- WIT Oil
- No
- Yes
- Brent Oil
- No
- Yes
- Coffee
- No
- Yes
- Cocoa
- No
- Yes
- Soybeans
- No
- Yes
- Rice
- No
- Yes
- Corn
- No
- Yes
- Platinum
- No
- Yes
- Palladium
- No
- Yes
- Winner
- No
- No
Indicies
60 % 100 %- DAX 40
- Yes
- Yes
- S&P 500
- Yes
- Yes
- Nasdaq
- Yes
- Yes
- Dow Jones
- No
- Yes
- Nikkei
- No
- Yes
- Winner
- No
- No
Cryptocurrencies
20 % 50 %- Bitcoin
- Yes
- Yes
- Litecoin
- No
- Yes
- Ethereum
- Yes
- Yes
- Ripple
- No
- Yes
- Neo
- No
- No
- Stellar
- No
- No
- Cardano
- No
- No
- Tron
- No
- No
- Monero
- No
- No
- EOS
- No
- Yes
- Winner
- No
- No
Regulations
33 % 50 %- Cysec
- No
- Yes
- ASIC (Australia)
- Yes
- Yes
- FCA (UK)
- Yes
- Yes
- Authorised in the European Union (EU)
- No
- No
- CFTC Registered (USA)
- No
- No
- FINMA (Switzerland)
- No
- No
- Winner
- No
- No
Support
100 % 100 %- Chat
- Yes
- Yes
- Phone
- Yes
- Yes
- Yes
- Yes
- Winner
- No
- No
Overall
36 % 60 %- Winner
- No
- No
Our Recommendations
Best for IC Markets
Thanks to comprehensive educational materials and a user-friendly platform, IC Markets is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
Both brokers have comparable fee structures and spreads.
FXOpen IC Markets