FXCM vs IC Markets, Updated for 2026

Compare FXCM vs IC Markets

All online trading platforms feature certain advantages and disadvantages, so any comprehensive review of FXCM and IC Markets should not be complete without adopting a fair assessment.

Assess FXCM and IC Markets to understand just how they compare with each other prior to you make an account. Conducting a comparative analysis helps to put things into perspective to ensure that you remain cognizant of what you should anticipate.

So you are looking for a broker and are choosing between FXCM or IC Markets. Who is better in 2026?

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

If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will get adept at all the concepts of broker since you continue trading. For starters, you have to select the ideal broker who will be clear with you constantly.

Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. FXCM and IC Markets are two such companies that will take you along with your investment into great heights. It is crucial to compare FXCM vs IC Markets before you trust them with your cash.

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 full FXCM vs IC Markets Review covers all you need to learn about trading using either FXCM or IC Markets. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investment goals.

There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.

FXCM and IC Markets are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital facets of both FXCM and IC Markets. This review can help you to understand whether either IC Markets or FXCM is a fantastic match for your own investments or not. We've attempted to breakdown all the features and fees for your convenience.

Benefits of FXCM and IC Markets Compared

FXCM has 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 allows you to trade around 100 financial instruments while IC Markets has around 100 financial instruments available.

The more instruments you can trade on the FXCM and IC Markets 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 your broker simply is vital. FXCM and IC Markets have the following contact details and social medias that you can use.

IC Markets and FXCM Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide 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.

Overall, we rate the user-friendliness of both apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

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 headquaters in United States.

IC Markets was founded in 2007 and has its head office 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 current situation, 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 choice.

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 set of rules for ensuring honest trading on their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their privacy policies, customer 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 broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.

However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this purpose.

The first kind of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In such instances, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.

Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.

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

However, non-trading fees billed by FXCM and IC Markets are comparatively lower. Consequently, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of resources.

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 communicate easily with your online platform is a key element when comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.

Below you can find all 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 client base. It is important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many customers 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 while IC Markets offers 232.

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