Forex.com
FCA/NFA/ASIC
IC Markets
ASIC/CySEC
Forex.com vs IC Markets
Head-to-Head Comparison 2026
Our Verdict
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).
Comparison Table
| Criteria | Forex.com | IC Markets |
|---|---|---|
| Rating | 4.2/5 (1300 reviews) | 4.4/5 (2200 reviews)✓ |
| Regulation | FCA/NFA/ASIC | ASIC/CySEC |
| Fees | From 0.2 pips (Commission), from 0.8 pips (Standard) | From 0.0 pips + $3.50 commission (Raw Spread) |
| Min. Deposit | 100 $ | 200 $ |
| Instruments | Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs | Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs |
| Platforms | Forex.com Web, Forex.com App, MT4, MT5, TradingView | MT4, MT5, cTrader |
| Options Trading | No | No |
| Spread (typical) | EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot | EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard) |
| Execution Speed | — | ~40 ms (Equinix NY4/LD5) |
| Inactivity Fee | $15/month after 12 months of inactivity | None |
| Founded | 2001 | 2007 |
| Headquarters | New Jersey | Sydney |
Detailed Comparison
Fee Comparison
Forex.com: From 0.2 pips (Commission), from 0.8 pips (Standard). Minimum deposit: 100 $. Spread: EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot. Inactivity fee: $15/month after 12 months of inactivity.
IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). Minimum deposit: 200 $. Spread: EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard).
Execution Quality
Forex.com
No data available
IC Markets
Execution: ~40 ms (Equinix NY4/LD5)
Product Range
Forex.com (5 categories)
IC Markets (7 categories)
Trading Platforms
Forex.com
- Forex.com Web
- Forex.com App
- MT4
- MT5
- TradingView
IC Markets
- MT4
- MT5
- cTrader
Regulation & Security
Forex.com is regulated by FCA/NFA/ASIC (HQ: New Jersey).
IC Markets is regulated by ASIC/CySEC (HQ: Sydney).
Who Is It For?
Forex.com
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
IC Markets
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