FBS vs IC Markets 2026
By Akash · Facts re-checked (UTC)
Here is how FBS and IC Markets compare on regulation, costs and platforms.
FBS is a forex and CFD broker operated by FBS Markets Inc. under the Financial Services Commission of Belize, offering MetaTrader 4, MetaTrader 5 and the FBS app with a $5 minimum deposit.
IC Markets is a CFD broker offering MetaTrader 4, MetaTrader 5, cTrader and TradingView with Standard and Raw Spread accounts; its global site is operated by Raw Trading Ltd, licensed by the FSA Seychelles.
73.46% of retail CFD accounts lose money with this provider.
Side by side
| FBS | IC Markets | |
|---|---|---|
| Regulators | FSC (Belize) | FSA Seychelles |
| Minimum deposit | $5 | USD 200 (or currency equivalent) |
| Spreads from | 0.7 pips (Standard account) | from 0.0 pips (Raw Spread) |
| Max leverage | 1:3000 on forex (FBS Markets Inc., Belize) | – |
| Platforms | ||
| Retail accounts losing money | – | 73.46% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: FBS review · IC Markets review.
Frequently asked questions
What is the minimum deposit at FBS and IC Markets?
FBS: $5. IC Markets: USD 200 (or currency equivalent).
Are FBS and IC Markets regulated?
FBS: FSC (Belize). IC Markets: FSA Seychelles.
Which has tighter spreads, FBS or IC Markets?
Published spreads start from 0.7 pips (Standard account) at FBS and from 0.0 pips (Raw Spread) at IC Markets.
More FBS comparisons
More IC Markets comparisons
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning