Forex.com vs IC Markets: which broker is better in 2026?
We compare Forex.com and IC Markets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, IC Markets edges ahead (4.1/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaForex.comIC Markets
Overall score 3.8 4.1
Regulation & safety 4.0 3.5
Fees & deposit 3.5 4.5
Platform & assets 4.0 4.5
User support 3.5 4.0
Trust score76/10080/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web/desktop platform, MetaTrader 4, MetaTrader 5, TradingView (integrated), Mobile appMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Mobile App
Fee modelSpread model or spread + commission (RAW/Commission account) — varies per region/account; exact figures not yet verifiedSeveral account types (Raw Spread, Standard, Raw Pro/Pro+, cTrader Raw Spread, Swap Free) — the fee structure per account type has not been verified in detail
Pros & cons
- Backed by StoneX Group (US public company Nasdaq: SNEX) + a strict US market license
- Full platform selection: proprietary + MT4/MT5 + TradingView
- Broad instrument coverage & established liquidity
- Fees/spreads aren't always the cheapest compared to raw ECN brokers
- Product availability differs per entity/region
- Leveraged products are high-risk
- One of the most popular raw-spread ECN brokers for scalping/algo trading (very low costs)
- Very complete platform selection (MT4/MT5/cTrader/TradingView)
- Regulated by ASIC (Australia) + CySEC for certain entities
- A class-action record (reported since 2024) alleging it misled investors — no verdict yet, but a relevant public fact
- Many clients via offshore entities (Seychelles/Bahamas)
- Leverage is high-risk
Regulation at a glance
Forex.com
Part of StoneX Group, a US public company (Nasdaq: SNEX). Entities regulated by NFA/CFTC (US), FCA (UK), ASIC (Australia), IIROC (Canada), and others per region.
IC Markets
Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.