FXCM vs IC Markets, Who's Better?

Compare FXCM vs IC Markets

Every trading platforms will have a few pros and cons, so any comprehensive review of FXCM and IC Markets should not be regarded as thorough without adopting a balanced approach.

Compare FXCM and IC Markets in order to understand how they compare to each other before you open an account. Performing a side-by-side comparison can bring aspects into perspective to ensure that you're cognizant of the expectations.

So you are looking for a broker and are choosing between FXCM or IC Markets. Which one is best in 2026?

This FXCM vs IC Markets comparison contains the most recent information so you can easily compare IC Markets against FXCM.

If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the right broker who'll be transparent with you always.

In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. FXCM and IC Markets are two such companies that will take you and your investment to great heights. It is important to compare FXCM vs IC Markets until you trust them with your money.

Our FXCM vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FXCM and IC Markets side by side.

Our entire FXCM vs IC Markets Review covers everything you need to know about trading using either FXCM or IC Markets. A fantastic agent can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment goals.

There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

FXCM and IC Markets are both brokers that have forged their way successfully into the broker world. Within this review, we have attempted to collate a number of the vital facets of both FXCM and IC Markets. This review will help you to know whether either IC Markets or FXCM is a good fit for your own investments or not. We've tried to breakdown all of the features and charges for your advantage.

Benefits of FXCM and IC Markets Compared

FXCM offers a minimum deposit of $1 while IC Markets offers a $200 minimum deposit.

Why smaller minimum deposits are good and how FXCM and IC Markets compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

FXCM has around 100 financial instruments whilst IC Markets allows you to trade around 100 on their platform.

The more instruments you can trade on the FXCM and IC Markets trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of FXCM or IC Markets.

FXCM and IC Markets Contact Details

Being able to contact a broker through many ways is important. FXCM and IC Markets have the following contact details and social medias that you can use.

IC Markets and FXCM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of FXCM and IC Markets we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of both apps as better than average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

FXCM vs IC Markets - Awards

FXCM vs IC Markets - Frequently Asked Questions

FXCM vs IC Markets - Headquarters And Year Of Founding

FXCM was founded in 1999 and has its head office in United States.

IC Markets was founded in 2007 and has its headquaters in Australia.

What is the minimum deposit for IC Markets or FXCM

The minimum deposit for FXCM is $1.

The minimum deposit for IC Markets is $200.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FXCM and IC Markets are a good option.

FXCM vs IC Markets - Regulation And Licencing In More Detail

FXCM is regulated by Financial Conduct Authority (FCA).

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Both FXCM and IC Markets have a strong collection of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare FXCM vs IC Markets Commission And Fees

FXCM and IC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the number of clients they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of fees for this objective.

The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, financing rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are charged when you hold a leveraged position for more than daily.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.

In general, neither FXCM or IC Markets charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly trade, such as daily or weekly trading.

But, non-trading fees billed by FXCM and IC Markets are relatively higher. As a result, you're charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of assets.

This FXCM vs IC Markets review for 2026 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For FXCM And IC Markets

What Languages Do FXCM And IC Markets Support?

Being able to talk completely with your trading platform is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.

Below you can find the languages that both FXCM and IC Markets offer communication in.

How Many Clients Do FXCM and IC Markets Have?

Both FXCM and IC Markets are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many clients FXCM and IC Markets have

What Payment Methods Do FXCM and IC Markets Accept?

FXCM and IC Markets both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at FXCM and IC Markets

What Can You Trade With FXCM and IC Markets?

FXCM offers 100 trading instruments whilst IC Markets offers 232.

Below you will find a full breakdown of what both FXCM and IC Markets offer.