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FxPro vs IC Markets (2026): Which Broker Is Actually Better?
We compare FxPro against IC Markets across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Which is better: FxPro or IC Markets?
Sources & References
- IC Markets Trading Accounts— IC Markets
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Verified promotions on this matchup
We keep this factual and secondary to safety, pricing, and platform fit. Terms still matter.
FxPro
No verified active promotion right now.
IC Markets
Cashback / RebateUp to $2.50/Lot Rebate + 21% Comm Off
Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.
Verdict: IC Markets Holds a Slight Edge
After side-by-side testing, **IC Markets** holds a slight edge over FxPro in this matchup. The gap is small and FxPro remains an excellent choice — especially for professional european traders & ctrader enthusiasts — but IC Markets edges it on consistently deepest liquidity and tightest raw spreads (0.0) and payout reliability.
FxPro vs IC Markets: Side-by-Side Comparison
| Feature | | |
|---|---|---|
| Founded | 2006 | 2007 |
| Overall Rating | 4.4/5.0 | 4.6/5.0 |
| Minimum Deposit | $100 | $200 |
| EUR/USD Spread | 0.0 pips (Raw+) | 1.2 pips (Standard) | 0.0 pips (Raw) | 0.8 pips (Standard) |
| Maximum Leverage | 1:200 (Pro) | 1:30 (Retail) | 1:1000 (Global) | 1:30 (Retail) |
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | Yes |
| TradingView | No | Yes |
| Copy Trading | No | Yes |
| Forex Pairs | 70+ | 61 |
| Deposit Methods | Card, Bank, Skrill, Neteller, PayPal | Card, PayPal, Neteller, Skrill, Wire, Broker-to-Broker |
| Withdrawal Speed | 1 business day | 24-48 hours |
| Execution Type | NDD / STP | True ECN |
FxPro vs IC Markets: Fee Breakdown
When comparing the trading costs between FxPro and IC Markets, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. FxPro offers pricing characterized by $3.50/lot (Raw+) alongside 0.0 pips (Raw+) | 1.2 pips (Standard) spreads. In contrast, IC Markets utilizes a model with $3.50/lot (Raw Spread) and 0.0 pips (Raw) | 0.8 pips (Standard) spreads. For active, high-volume traders, either broker provides the superior cost-efficiency curve.
| Fee Type | FxPro | IC Markets |
|---|---|---|
| EUR/USD Spread | 0.0 pips (Raw+) | 1.2 pips (Standard) | 0.0 pips (Raw) | 0.8 pips (Standard) |
| Commission Defaults | $3.50/lot (Raw+) | $3.50/lot (Raw Spread) |
| Execution Model | NDD / STP | True ECN |
| Deposit Fees | None | None |
| Withdrawal Speed | 1 business day | 24-48 hours |
Safety & Regulation: Is FxPro or IC Markets Safer?
Trust is paramount in forex trading. Both FxPro and IC Markets are highly regulated entities, but their jurisdictional footprints differ. FxPro is armed with 2 Tier-1 licenses and has been securing client funds since 2006. IC Markets, licensed since 2007, counters with 2 Tier-1 regulatory bodies overseeing its operations. They are evenly matched in terms of top-tier trust metrics. Both brokers employ strict client fund segregation.
FxPro
Tier 1- Regulators:FCA (UK)CySEC (Cyprus)FSCA (South Africa)SCB (Bahamas)
- Investor Protection: £85,000 (FSCS) / €20,000 (ICF)
- Licensed Since: 2006
IC Markets
Tier 1- Regulators:ASIC (Australia)CySEC (Cyprus)Seychelles FSASCB (Bahamas)
- Investor Protection: ASIC client money rules & European ICF
- Licensed Since: 2007
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. FxPro equips its clients with MT4, MT5, cTrader, FxPro Platform. IC Markets, on the other hand, grants access to MT4, MT5, cTrader, TradingView. If you rely on third-party EA automation, this section heavily dictates your broker choice.
| Feature | FxPro | IC Markets |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (FxPro Platform) | |
| Copy Trading Network |
Pros & Cons: FxPro vs IC Markets
FxPro
Pros
- FCA and CySEC regulated
- cTrader integration
- No dealing desk execution
- FxPro Edge proprietary platform
- Negative balance protection
Cons
- $100 minimum deposit
- Wider spreads on standard accounts
- Inactivity fee after 1 year
IC Markets
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
- Excellent support for cTrader and TradingView
- Massive global trading volume
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity
- Basic research and educational material
Expert Verdict: FxPro vs IC Markets
When we place FxPro and IC Markets side-by-side, we observe two distinct philosophies in client servicing. FxPro, licensed since 2006, has carved out a massive niche focusing on professional european traders & ctrader enthusiasts. Their execution model heavily leans into NDD / STP, and their platform environment highlights MT4.
Conversely, IC Markets, operational out of Sydney, Australia, has architected its infrastructure predominantly for scalpers, ea traders & low-latency algorithmic trading. Their $3.50/lot (Raw Spread) commission structure combined with 0.0 pips (Raw) | 0.8 pips (Standard) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is fca and cysec regulated, and you intend to start with a minimum of $100, FxPro is the logical path forward. If, however, you value consistently deepest liquidity and tightest raw spreads (0.0) and require MT4, IC Markets edges out the competition and earns our recommendation.
FxPro vs IC Markets: Frequently Asked Questions
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Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated August 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Editorial Policy | Data Sources | Full Disclaimer | Privacy Policy