IC Markets vs IronFX 2026
By Akash · Facts re-checked (UTC)
Here is how IC Markets and IronFX compare on regulation, costs and platforms.
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.
IronFX is a multi-entity CFD broker whose Cyprus entity Notesco Financial Services Limited is CySEC-licensed (125/10), offering MT4, WebTrader and copy/PAMM tools.
Side by side
| IC Markets | IronFX | |
|---|---|---|
| Regulators | FSA Seychelles | CySEC |
| Minimum deposit | USD 200 (or currency equivalent) | – |
| Spreads from | from 0.0 pips (Raw Spread) | 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts |
| Platforms | ||
| Retail accounts losing money | 73.46% | – |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: IC Markets review · IronFX review.
Frequently asked questions
Are IC Markets and IronFX regulated?
IC Markets: FSA Seychelles. IronFX: CySEC.
Which has tighter spreads, IC Markets or IronFX?
Published spreads start from from 0.0 pips (Raw Spread) at IC Markets and 0 pips (Raw ECN, with commission); 1.2 pips average on Standard accounts at IronFX.
More IC Markets comparisons
More IronFX 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