IC Markets vs FXCM, Who's Better?

Compare IC Markets vs FXCM

All platforms for online trading feature some advantages and disadvantages, so any comprehensive analysis of IC Markets vs FXCM would not be complete without embracing an objective perspective.

Compare IC Markets and FXCM in order to understand the way these platforms compare to one another prior to you decide to open an account. A comparative analysis helps to put things in perspective in order that you're aware of what you should anticipate.

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

Our IC Markets vs FXCM comparison contains the latest information so you can easily compare FXCM against IC Markets.

If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and FXCM are just two such platforms which will take you and your investment into great heights. It's crucial to compare IC Markets vs FXCM before you trust them with your money.

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

Our entire IC Markets vs FXCM Review covers everything you will need to know about trading using either IC Markets or FXCM. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.

There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you select them. It is a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.

IC Markets and FXCM are both brokers that have forged their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital aspects of both IC Markets and FXCM. This review will allow you to know whether either FXCM or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.

Benefits of IC Markets and FXCM Compared

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

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

IC Markets has around 232 financial instruments whilst FXCM allows you to trade around 232 financial instruments available.

The more financial instruments you can trade on the IC Markets and FXCM 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 IC Markets or FXCM.

IC Markets and FXCM Contact Details

Being able to contact your broker easily is a sign of a professional broker. IC Markets and FXCM have the following contact details and social medias that you can use.

FXCM and IC Markets 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 IC Markets and FXCM we'll check whether either of their mobile apps tick all the boxes.

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

IC Markets vs FXCM - Awards

IC Markets vs FXCM - Frequently Asked Questions

IC Markets vs FXCM - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its head office in Australia.

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

What is the minimum deposit for FXCM or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for FXCM is $1.

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

IC Markets vs FXCM - Regulation And Licencing In More Detail

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

FXCM is regulated by Financial Conduct Authority (FCA).

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

In accordance with their own privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs FXCM Commission And Fees

IC Markets and FXCM are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of customers they have.

But 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 three different types of penalties for this objective.

The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you are paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those who are charged when you hold a leveraged position for more than a day.

Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for operations like depositing money, not trading for lengthy periods, or withdrawals.

In general, neither IC Markets or FXCM charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often trade, for example weekly or daily trading.

However, non-trading fees charged by IC Markets and FXCM are comparatively lower. Consequently, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of resources.

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

Compare Broker Fees For IC Markets And FXCM

What Languages Do IC Markets And FXCM Support?

Being able to communicate easily with your trading platform is a key part of comparing trading platforms to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.

Here you will find the languages that both IC Markets and FXCM support.

How Many Clients Do IC Markets and FXCM Have?

Both IC Markets and FXCM are well established with their client 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 customers are using their services.

Below you will find details of how many users IC Markets and FXCM are working with

What Payment Methods Do IC Markets and FXCM Accept?

IC Markets and FXCM 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 IC Markets and FXCM

What Can You Trade With IC Markets and FXCM?

IC Markets offers 232 trading instruments whilst FXCM offers 100.

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