FxPro vs IC Markets: which broker is better in 2026?
We compare FxPro 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
CriteriaFxProIC Markets
Overall score 3.8 4.1
Regulation & safety 3.5 3.5
Fees & deposit 3.5 4.5
Platform & assets 4.5 4.5
User support 3.5 4.0
Trust score74/10080/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro platformMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Mobile App
Fee modelSpread + commission (cTrader) / spread (MT); variesSeveral 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
- Full platform selection (MT4/MT5/cTrader) + FCA/CySEC regulation
- Founded 2006, established reputation
- NDD execution model
- Spread/commission aren't always the cheapest
- Some clients via the offshore entity (SCB Bahamas)
- Leverage is 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
FxPro
Regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas). Offers MT4/MT5/cTrader + its own platform.
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.