FP Markets vs IC Markets - Broker Comparison September 2026
Head-to-head comparison of FP Markets and IC Markets. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed September 2026.
Bottom Line: FP Markets vs IC Markets
FP Markets and IC Markets are closely matched — each leads in several categories, so the right pick depends on your priorities.
Where FP Markets leads
- Min Deposit ($100 vs $200)
- Trading Platforms (5 vs 4)
- Currency Pairs (71 vs 61)
- Payment Methods (10 vs 9)
Where IC Markets leads
- Regulation (6 vs 5)
- Max Leverage (1:1,000 vs 1:500)
- Trustpilot Reviews (56,604 vs 10,313)
Choose FP Markets for Min Deposit. Choose IC Markets for Regulation.
Frequently Asked Questions
Is FP Markets or IC Markets better?
It is close — FP Markets and IC Markets each lead in several categories. Compare the points that matter most to you below.
Which has a better Min Deposit, FP Markets or IC Markets?
FP Markets ($100 vs $200).
Which has a better Max Leverage, FP Markets or IC Markets?
IC Markets (1:1,000 vs 1:500).
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FP Markets
Australian ECN Forex & CFD Broker
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IC Markets
True ECN Forex & CFD Broker — Raw Spreads from 0.0 Pips
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|---|---|---|
| Overview | ||
| Trustpilot Rating | 4.8 | 4.8 |
| Trustpilot Reviews | 10,313 | 56,604 |
| Headquarters | Australia | Australia |
| Founded | 2005 | 2007 |
| Best For | Low Spreads ECN Trading Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | Low Spreads ECN Trading Scalping Algo Trading High-Volume Copy Trading Day Trading High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | ASIC (Australia) CySEC (Cyprus) FSCA (South Africa) FSA (Seychelles) CMA (Kenya) | ASIC (Australia) CySEC (Cyprus) FSA (Seychelles) SCB (Bahamas) CMA (Kenya) FSCA (South Africa) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to €20,000 under CySEC ICF | Up to €20,000 under CySEC ICF for EU clients |
| Trading Costs | ||
| Min Spread | From 0.0 pips (Raw), From 1.0 pips (Standard) | From 0.0 pips (Raw Spread), From 0.8 pips (Standard) |
| Commission | $3/lot/side (Raw), None (Standard) | $3.50/lot/side (Raw Spread MT), $3/100K (cTrader Raw), None (Standard) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | None |
| Deposit/Withdrawal Fees | No deposit fees. Bank withdrawal A$10 international. E-wallets free | No deposit or withdrawal fees. Bank wire may incur intermediary charges |
| Trading Conditions | ||
| Max Leverage | 1:500 (Global), 1:30 (EU/AU retail) | 1:1000 (Global), 1:500 (Bahamas), 1:30 (EU/AU retail) |
| Min Deposit | $100 | $200 |
| Execution Type | ECN | ECN |
| Stop Out Level | 50% | 50% |
| Margin Call Level | 100% | 100% |
| Instruments | 70+ Forex 10000+ Stocks 12 Indices 3 Commodities 4 Metals 2 Energies 5 Crypto ETFs Bonds | 61 Forex 2100+ Stocks 25 Indices 19 Commodities 6 Metals 3 Energies 21 Crypto 9 Bonds 5 Futures |
| Currency Pairs | 70 | 61 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS | MetaTrader 4 MetaTrader 5 cTrader TradingView |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes |
| Education | Webinars Video Tutorials Forex 101 Articles Trading Guides Podcast | Webinars Video Tutorials Trading Guides Market Analysis IC Your Trade Podcast |
| Account & Support | ||
| Account Types | Standard Raw Islamic IRESS Demo | Standard Raw Spread cTrader Raw Islamic Demo |
| Payment Methods | Credit/Debit Cards Bank Wire PayPal Skrill Neteller UnionPay Crypto Apple Pay Google Pay | Credit/Debit Cards Bank Wire PayPal Skrill Neteller UnionPay FasaPay Crypto (BTC) |
| Withdrawal Speed | Same day (e-wallets), 1-2 days (cards), 3-5 days (bank wire) | Same day (e-wallets), 1-3 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/7 Live Chat, Email, Phone |
FP Markets
IC Markets