FOREX.com vs IC Markets
By Akash · Facts re-checked (UTC)
Here is how FOREX.com and IC Markets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FOREX.com | IC Markets | |
|---|---|---|
| Regulators | FCA, NFA/CFTC | FSA Seychelles |
| Minimum deposit | $100 (US); £100 (UK) | USD 200 (or currency equivalent) |
| Spreads from | 0.8 pips EUR/USD (Standard account) | from 0.0 pips (Raw Spread) |
| Commission | RAW Spread account: EUR/USD from 0.2 points plus commission | – |
| Max leverage | 50:1 (US entity, NFA/CFTC) | – |
| Platforms | FOREX.com web platform, FOREX.com mobile app, TradingView, MetaTrader 4, MetaTrader 5 | MT4, MT5, cTrader, TradingView |
| Retail accounts losing money | – | 73.46% |
Full reviews: FOREX.com review · IC Markets review
Frequently asked questions
What is the minimum deposit at FOREX.com and IC Markets?
FOREX.com: $100 (US); £100 (UK). IC Markets: USD 200 (or currency equivalent).
Are FOREX.com and IC Markets regulated?
FOREX.com: FCA, NFA/CFTC. IC Markets: FSA Seychelles.
Which has tighter spreads, FOREX.com or IC Markets?
Published spreads start from 0.8 pips EUR/USD (Standard account) at FOREX.com and from 0.0 pips (Raw Spread) at IC Markets; commission: FOREX.com RAW Spread account: EUR/USD from 0.2 points plus commission, IC Markets none listed.
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 more