FP Markets
Best raw-pricing candidate ★ ★ ★ ★ ★★4.7
Partner link pending; good next review candidate
FP Markets vs IC Markets
A side-by-side look at FP Markets and IC Markets — score, fees, platforms and who each one actually fits best.
IC Markets
Top global candidate ★ ★ ★ ★ ★★4.9
Active partner program; confirm the available legal entity and trading conditions for your country.
Quick verdict
IC Markets scores higher overall (4.9 vs 4.7), but a higher score doesn't automatically mean it's the right pick for you.
FP Markets is the stronger fit for eCN-style trading, MT4/MT5 users, cost-focused traders, while IC Markets is built more around low-spread trading, scalping, MT4/MT5/cTrader workflows.
Regulation: FP Markets — ASIC, CySEC, FSCA, Seychelles and other group entities. IC Markets — Global group with multiple regulated entities.
Minimum deposit: FP Markets — Often from $100, depending on account/entity. IC Markets — Commonly from $200, depending on entity.
Side by side
FP MarketsIC Markets
Best forECN-style trading, MT4/MT5 users, cost-focused tradersLow-spread trading, scalping, MT4/MT5/cTrader workflows
PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsMT4, MT5, cTrader, TradingView
RegulationASIC, CySEC, FSCA, Seychelles and other group entitiesGlobal group with multiple regulated entities
Minimum depositOften from $100, depending on account/entityCommonly from $200, depending on entity
FP Markets strengths
- Strong partner program
- Raw pricing angle
- Broad CFD range
IC Markets strengths
- Raw spread model
- Deep platform choice
- Strong partner program
Which one should you pick?
Pick FP Markets if you're mainly after eCN-style trading, MT4/MT5 users, cost-focused traders. It stands out for strong partner program and raw pricing angle.
Pick IC Markets if you're mainly after low-spread trading, scalping, MT4/MT5/cTrader workflows. It stands out for raw spread model and deep platform choice.
Common questions
FP Markets vs IC Markets FAQ
Is FP Markets better than IC Markets?
IC Markets scores higher in our rating (4.9 vs 4.7), but FP Markets may still be the better fit if you specifically need eCN-style trading, MT4/MT5 users, cost-focused traders.
What's the difference in regulation between FP Markets and IC Markets?
FP Markets: ASIC, CySEC, FSCA, Seychelles and other group entities. IC Markets: Global group with multiple regulated entities.