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FxPro vs IC Markets: Comparison and Analysis

Written by Filippo Ucchino

Fact-Checked by Luca Puddu Publication Date 28 September 2026 Last Updated 28 September 2026

Our verdict · CFD trading

IC Markets has a small advantage over FxPro for CFD trading in Nigeria, thanks to a lower EUR/USD cost (7.55 USD per lot against 11.70 USD), no minimum deposit against 100.00 USD and faster deposits (same day against 1 day). The account can be held in 10 base currencies against 7. FxPro, on the other hand, covers more tradable symbols (2,100 against 180) and executes orders in 13 ms against 40 ms, with a guaranteed stop loss and fixed-spread accounts. FxPro holds licences from CySEC, the SCB, the FCA, the FSA (Seychelles) and the FSC (Mauritius), and IC Markets from CySEC, ASIC, the SCB and the FSA (Seychelles). Both run MetaTrader 4, MetaTrader 5, cTrader and TradingView, with a demo account without expiry, withdrawals in 1 day, and raw spread and ECN accounts.

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FxPro

CFD

82CFD

Open Account

72.87% of retail investor accounts lose money when trading CFDs with this provider.

Best overall

IC Markets

CFD

87CFD

Open Account

72.52% of retail investor accounts lose money when trading CFDs with this provider.

Best for

1 / 12

FxPro and IC Markets are equally good for professional traders, high-volume traders and scalpers.

Best for
Overall score	FxPro 82 -5	IC Markets 87 Best
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

2 / 12

FxPro and IC Markets are both regulated by top-tier authorities, FxPro by CySEC and the FCA (United Kingdom) and IC Markets by CySEC and ASIC (Australia).

Regulation
Section score	FxPro 100	IC Markets 100
Tier-1 regulators
ESMA (European Union) i
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

3 / 12

Both FxPro and IC Markets offer segregated client funds and two-factor authentication. FxPro also offers additional money insurance.

Safety
Section score	FxPro 74 Best	IC Markets 65 -9
Company info
Is it publicly traded i
Is it a bank i
Year founded i	2006	2007
Parent company i	FxPro Group Limited	International Capital Markets Pty Ltd
CEO i	Charalambos Psimolophitis	Andrew Budzinski
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i	Barclays, Julius Baer, Royal Bank of Scotland	N/A
Brand power
Number of customers worldwide i	2,180,000
Annual revenue i	USD 900,000
Monthly website search traffic i	323.9K monthly visits	2.2M monthly visits

Costs

4 / 12

IC Markets is better than FxPro for costs, since IC Markets is cheaper on EUR/USD, at 7.55 USD per lot (against FxPro's 11.7 USD), has tighter S&P 500 CFD spreads, at 0.49 points (against FxPro's 0.85 points), and has tighter gold CFD spreads, at 0.09 points (against FxPro's 0.34 points). Neither FxPro nor IC Markets charges account maintenance fees or deposit fees.

Costs
Section score	FxPro 49 -30	IC Markets 79 Best
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i	USD 7	USD 7
EUR/USD average standard spread i	1.43 pips	0.8 pips
EUR/USD average raw spread i	0.21 pips	0.01 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i	USD 11.7	USD 7.55
S&P 500 fees (CFD) i	0.85 points	0.492 points
Gold fees (CFD) i	0.34 points	0.09 points
Bitcoin fees (CFD) i	USD 15.74	USD 12.01
US stocks fees (CFD) i	Free	USD 0.02
Fees on stocks
Stock fee type i	Spread	Commission, Percentage
US stocks fees (real) i
ETF fees (real) i
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i		Free
Platform fees i
Fees on options
Options fees per contract i
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

5 / 12

FxPro and IC Markets are close on available markets. Both FxPro and IC Markets offer CFDs on commodities, crypto, forex, indices and stocks. FxPro goes a step further, as it gives access to 2,100 tradable symbols (against IC Markets' 180).

Available markets
Section score	FxPro 75	IC Markets 75
Total tradable symbols i	2,100	180
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i	Commodities, Crypto, Forex, Indices, Stocks	Commodities, Crypto, Forex, Indices, Stocks
Futures i
Options i
Assets you can own i

Platform

6 / 12

IC Markets is better than FxPro for platforms, as IC Markets offers social trading, copy trading and ZuluTrade, which FxPro does not. FxPro and IC Markets both offer cTrader and MetaTrader 5.

Platform
Section score	FxPro 80 -9	IC Markets 89 Best
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

7 / 12

FxPro is better than IC Markets for mobile trading, as FxPro offers a social trading app, a copy trading app and a smartwatch app, which IC Markets does not. FxPro and IC Markets both offer a proprietary mobile app and the cTrader app.

Mobile
Section score	FxPro 100 Best	IC Markets 93 -7
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

8 / 12

FxPro is better than IC Markets for trading features, because FxPro executes orders faster, within 13 ms (against IC Markets' 40 ms), and offers negative balance protection and guaranteed stop losses, which IC Markets does not. FxPro and IC Markets both offer trailing stops and tier-1 liquidity providers.

Trading features
Section score	FxPro 93 Best	IC Markets 83 -10
Trade execution
Broker type i	NDD	NDD
Average execution time i	13 ms	40 ms
Slippage occurrence i	9%
Requotes occurrence i	0%
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i	10000:1	5000:1
Minor/Exotic FX pairs leverage i	10000:1	5000:1
Major indices leverage i	10000:1	200:1
Minor indices leverage i	200:1	200:1
Gold leverage i	10000:1	2000:1
Commodities leverage i	500:1	1000:1
Equities leverage i	25:1	20:1
Cryptocurrency leverage i	10000:1	500:1
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i	0.01 lots	0.01 lots
Minimum trade size (stocks) i	USD 0	USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

9 / 12

IC Markets is better than FxPro for account types, since IC Markets offers a corporate account, which FxPro does not. Both FxPro and IC Markets offer a demo account and a professional traders account.

Account types
Section score	FxPro 84 -8	IC Markets 92 Best
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

10 / 12

IC Markets is better than FxPro for account opening, given that IC Markets does not require a minimum deposit (against FxPro's 100 USD), offers 10 account base currencies (against FxPro's 7), and credits deposits faster, within the same day (against FxPro's 1 day). FxPro and IC Markets both offer credit cards and debit cards.

Account opening
Section score	FxPro 72 -23	IC Markets 95 Best
Minimum deposit i	USD 100	USD 0
Minimum withdrawal i	USD 0	USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i		PayPal, Neteller, Skrill
Local payment methods i
Account base currencies i	AUD, CHF, EUR, GBP, JPY, PLN, USD	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Deposit waiting time i	up to 1 business days	Instant
Withdrawal waiting time i	up to 1 business days	up to 1 business days
Bonus program i

Customer care

11 / 12

FxPro is better than IC Markets for customer care, because FxPro offers customer support in 18 languages (against IC Markets' 17), has a website in 24 languages (against IC Markets' 17), and offers call-back requests, which IC Markets does not. Both FxPro and IC Markets offer a dedicated account manager and phone support.

Customer care
Section score	FxPro 91 Best	IC Markets 87 -4
Number of languages supported i	24	17
Website languages i	Arabic, Czech, Danish, German, English, Estonian, Finnish, French, Croatian, Hungarian, Indonesian, Italian, Korean, Lithuanian, Malay, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Urdu, Vietnamese, Chinese	Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Chinese
Website available in English i
Customer support languages i	Arabic, Czech, German, English, French, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese, Chinese	Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

12 / 12

IC Markets is better than FxPro for learning, as IC Markets offers webinars and an economic calendar, which FxPro does not. FxPro and IC Markets both offer education for advanced traders and professional reports.

Learning
Section score	FxPro 83 -17	IC Markets 100 Best
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i

FxPro

Open Account 72.87% of retail investor accounts lose money when trading CFDs with this provider.

IC Markets

Open Account 72.52% of retail investor accounts lose money when trading CFDs with this provider.

Our verdict

FxPro vs IC Markets: which one should you choose?

FxPro

CFD Choose FxPro, regulated by CySEC and the FCA, if you want an online CFD broker with a wide choice of markets, fast execution and a guaranteed stop loss.

Open Account 72.87% of retail investor accounts lose money when trading CFDs with this provider.

IC Markets

CFD Choose IC Markets, regulated by CySEC and ASIC, if you want a forex brokerage service with low trading costs, no minimum deposit and a wide range of account currencies.

Open Account 72.52% of retail investor accounts lose money when trading CFDs with this provider.