Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
FxPro
⭐ 4.5 / 5
VS
IC Markets
⭐ 4.7 / 5
FxPro vs IC Markets — which broker is better in 2026?
We compared FxPro and IC Markets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. IC Markets wins on more criteria (2 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
Ad · leaderboard · 728×90
| FxPro | IC Markets | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.7 / 5 | IC Markets |
| Regulators | CySEC, FCA, FSCA, SCB | ASIC, CySEC, FSA Seychelles, SCB Bahamas | Tie |
| Min. deposit | $100 | $200 | FxPro |
| Spreads from | 0.3 pips (cTrader Raw) | 0.0 pips (Raw Spread) | IC Markets |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5, cTrader, TradingView | Tie |
| Founded | 2006 | 2007 | — |
| HQ | Limassol, Cyprus | Sydney, Australia | — |
Pros & cons compared
FxPro pros
- ✓ Multi-platform: MT4, MT5, cTrader and proprietary FxPro Edge
- ✓ Tier-1 regulation under CySEC and FCA
- ✓ No-Dealing-Desk execution model — no requotes
- ✓ Cyprus-headquartered with strong EU + MENA presence
- ✓ Negative balance protection across all entities
Cons
- ✗ Higher minimum deposit ($100) than budget brokers
- ✗ EU leverage capped at 1:30 for retail clients (ESMA rules)
- ✗ Inactivity fee after 6 months of dormancy
IC Markets pros
- ✓ Industry-leading raw spreads (0.0 pips on EUR/USD typical)
- ✓ Three platforms: MT4, MT5, cTrader — one of few brokers offering cTrader
- ✓ Equinix NY4 server location — sub-millisecond execution for HFT/scalpers
- ✓ ASIC + CySEC dual-tier-1 regulation
- ✓ No restrictions on scalping, EAs, or hedging
Cons
- ✗ $200 minimum deposit — higher than budget brokers
- ✗ EU leverage capped at 1:30 retail (ESMA)
- ✗ Educational content thinner than XM / eToro
Ad · in-content · 728×90
Which one should you choose?
Choose IC Markets if you want…
Active scalpers, algorithmic traders, and high-volume traders who prioritise execution quality and tight raw spreads.
Frequently asked questions
Which is better — FxPro or IC Markets?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), IC Markets wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is FxPro more regulated than IC Markets?
FxPro holds licenses from: CySEC, FCA, FSCA, SCB. IC Markets holds licenses from: ASIC, CySEC, FSA Seychelles, SCB Bahamas. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at FxPro vs IC Markets?
FxPro spreads start from 0.3 pips (cTrader Raw). IC Markets spreads start from 0.0 pips (Raw Spread). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FxPro or IC Markets?
FxPro: $100. IC Markets: $200. FxPro has the lower entry barrier.