FP Markets vs IC Markets 2026
By Akash · Facts re-checked (UTC)
Here is how FP Markets and IC Markets compare on regulation, costs and platforms.
FP Markets is an Australian-founded CFD broker offering MT4, MT5, cTrader and TradingView with Standard and Raw accounts, operating through entities regulated by ASIC, CySEC, FSCA and the FSA Seychelles.
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
| FP Markets | IC Markets | |
|---|---|---|
| Regulators | ASIC, CySEC, FSCA, FSA Seychelles | FSA Seychelles |
| Minimum deposit | – | USD 200 (or currency equivalent) |
| Spreads from | from 0.0 pips (Raw) | from 0.0 pips (Raw Spread) |
| Commission | US$3 per lot per side (Raw, MT4/MT5) | – |
| Max leverage | 1:500 (MT4/MT5/cTrader, non-EU/non-AU entity) | – |
| Platforms | ||
| Retail accounts losing money | – | 73.46% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: FP Markets review · IC Markets review.
Frequently asked questions
Are FP Markets and IC Markets regulated?
FP Markets: ASIC, CySEC, FSCA, FSA Seychelles. IC Markets: FSA Seychelles.
Which has tighter spreads, FP Markets or IC Markets?
Published spreads start from from 0.0 pips (Raw) at FP Markets and from 0.0 pips (Raw Spread) at IC Markets; commission: FP Markets US$3 per lot per side (Raw, MT4/MT5), IC Markets none listed.
More FP Markets 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