Broker comparison

Forex.com vs.
IC Markets

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

IC Markets has a higher rating of 4.4/5 compared to Forex.com (4.2/5). IC Markets offers 7 instrument types, while Forex.com offers 5. The minimum deposit is lower at Forex.com with 100 $. Forex.com has been in the market since 2001, making it the more experienced provider. On spreads, Forex.com offers EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot, while IC Markets offers EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard).

Established US forex broker with global reach

ECN broker with ultra-low spreads and fast execution

At a glance

The key differences

Criterion
PlatformsForex.com Web, Forex.com App, MT4, MT5, TradingViewMT4, MT5, cTrader
Product typesForex, Indices, Commodities, Stocks CFDs, Crypto CFDsForex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs
Options tradingNoNo
Fee modelFrom 0.2 pips (Commission), from 0.8 pips (Standard)From 0.0 pips + $3.50 commission (Raw Spread)
Minimum deposit100 $200 $
RegulationFCA/NFA/ASICASIC/CySEC
More informationDetailsDetails

Platforms

Forex.com

Forex.com Web, Forex.com App, MT4, MT5, TradingView

IC Markets

MT4, MT5, cTrader

Product types

Forex.com

Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs

IC Markets

Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs

Options trading

Forex.com

No

IC Markets

No

Fee model

Forex.com

From 0.2 pips (Commission), from 0.8 pips (Standard)

IC Markets

From 0.0 pips + $3.50 commission (Raw Spread)

Minimum deposit

Forex.com

100 $

IC Markets

200 $

Regulation

Forex.com

FCA/NFA/ASIC

IC Markets

ASIC/CySEC

More information

Forex.com

Details

IC Markets

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

From 0.2 pips (Commission), from 0.8 pips (Standard)

Published fee
From 0.2 pips (Commission), from 0.8 pips (Standard)
Minimum deposit
100 $
Inactivity
$15/month after 12 months of inactivity
See terms at provider

From 0.0 pips + $3.50 commission (Raw Spread)

Published fee
From 0.0 pips + $3.50 commission (Raw Spread)
Minimum deposit
200 $
Spread figure
EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard)
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexIndicesCommoditiesStocks CFDsCrypto CFDs
ForexIndicesCommoditiesStocks CFDsBondsCrypto CFDsFutures CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Forex.com Web · Forex.com App · MT4 · MT5 · TradingView

Forex.com offers its own powerful web platform and app with advanced charting tools and integrated analyses. MetaTrader 4 and MetaTrader 5 are available for classic Forex trading with EA support. The TradingView integration enables trading directly from the popular charting software. The proprietary platform provides performance analytics, Trading Central signals, and a comprehensive research center.

Explore platform

MT4 · MT5 · cTrader

IC Markets offers three top-tier trading platforms for different trading styles. MetaTrader 4 is the classic choice for Forex traders with extensive EA support. MetaTrader 5 expands the offering with additional timeframes and order types. The cTrader platform excels with its intuitive interface, Level II market depth, and cAlgo for algorithmic trading. All platforms offer VPS hosting for uninterrupted automated trading.

Explore platform

Regulation & security

FCA/NFA/ASIC

Regulatory information

ASIC/CySEC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Established US forex broker with global reach

  • Over 20 years of experience
  • NFA-regulated (US broker)
  • TradingView integration
  • No real stocks
  • Inactivity fee after 12 months

ECN broker with ultra-low spreads and fast execution

  • Ultra-low spreads from 0.0 pips
  • Fast order execution (under 40ms)
  • cTrader platform available
  • No proprietary platform
  • Educational content could be more comprehensive

Find the broker that fits

Forex.com oder IC Markets?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Forex.com4.2
  • Over 20 years of experience
  • NFA-regulated (US broker)
  • TradingView integration
IC Markets4.4
  • Ultra-low spreads from 0.0 pips
  • Fast order execution (under 40ms)
  • cTrader platform available
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Forex.com and IC Markets?
Forex.com: From 0.2 pips (Commission), from 0.8 pips (Standard). IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Forex.com or IC Markets?
Forex.com offers Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs. IC Markets offers Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs.
How are Forex.com and IC Markets regulated?
The broker profiles list FCA/NFA/ASIC for Forex.com and ASIC/CySEC for IC Markets. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Forex.com or IC Markets better for beginners?
Forex.com lists a 100 $ minimum deposit and offers Forex.com Web, Forex.com App, MT4, MT5, TradingView. IC Markets lists 200 $ and offers MT4, MT5, cTrader. Compare usability, available products and costs for your intended use.
Forex.com vs IC Markets: Which broker is better overall?
The choice between Forex.com (4.2/5, 1300 reviews) and IC Markets (4.4/5, 2200 reviews) depends on your needs. Forex.com: Established US forex broker with global reach. IC Markets: ECN broker with ultra-low spreads and fast execution.
How do spreads compare between Forex.com and IC Markets?
Forex.com offers typical spreads of EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot. IC Markets offers EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard). Tighter spreads reduce trading costs especially for active trading.
Do Forex.com or IC Markets charge an inactivity fee?
Forex.com: $15/month after 12 months of inactivity. IC Markets: no inactivity fee.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise