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FP Markets vs IC Markets: Which Broker Is Better in 2026?
FP Markets, founded 2005 in Sydney, is regulated by ASIC, CySEC. IC Markets, founded 2007 in Sydney, is regulated by ASIC, CySEC, FSA. Here is how the two brokers compare on spreads, fees, leverage, platforms, and regulation, and which one is the better fit for your trading.
Verdict: FP Markets wins overall
FP Markets scores higher overall (4.5/5). Compare the full breakdown below to decide which broker suits your style.
| Feature | FP Markets | IC Markets |
|---|---|---|
| Overall Score | 4.5/5 | 4.5/5 |
| Regulation | ASIC, CySEC | ASIC, CySEC, FSA |
| Min Deposit | $100 | $200 |
| EUR/USD Spread | 0.1 pips | 0.0 pips |
| Commission | $6/lot | $6/lot |
| Platforms | MT4, MT5, cTrader, IRESS | MT4, MT5, cTrader |
| Max Leverage | 1:500 | 1:500 |
| Withdrawal Time | 1-2 days | 1 day |
| Withdrawal Fee | $0 | $0 |
| Inactivity Fee | $0 | $0 |
| Islamic Account | Yes | Yes |
| US Clients | No | No |
| Founded | 2005 | 2007 |
| Headquarters | Sydney | Sydney |
Where FP Markets wins
- Lower minimum deposit ($100)
Where IC Markets wins
- Tighter EUR/USD spread (0.0 pips)
Bottom line
FP Markets takes the overall edge in this comparison. Read the full reviews or compare other brokers before you open an account.
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