FP Markets vs IC Markets: Side by Side
FP Markets and IC Markets are two of the most respected ECN brokers in the retail forex space, and both serve Gulf traders actively. They share many features: ASIC regulation, cTrader support, raw spreads from 0.0 pips, and professional-grade execution. The differences lie in commission pricing, platform breadth, and minimum deposit requirements.
| Feature | FP Markets | IC Markets |
|---|---|---|
| Min Deposit | $50 | $200 |
| EUR/USD Avg Spread | 0.0 pips (Raw) | 0.02 pips (Raw) |
| Commission (cTrader) | $3.00/lot per side | $3.00/lot per side |
| Commission (MT4/5) | $3.00/lot per side | $3.50/lot per side |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | ASIC, CySEC |
| TradingView | Yes | No |
Commission Structure
FP Markets charges $3.00 per side ($6 round-turn) on both MT4/MT5 and cTrader Raw accounts. IC Markets charges $3.00 per side on cTrader but $3.50 per side ($7 round-turn) on MT4/MT5. For cTrader users, both are equivalent. For MT4/MT5 users, FP Markets is cheaper by $1 per lot round-turn. Over 100 lots per month this saves $100.
TradingView: FP Markets Leads
FP Markets integrates TradingView with direct order execution, allowing traders to place and manage trades directly from TradingView charts. IC Markets does not offer TradingView integration. For traders who use TradingView as their primary charting platform, FP Markets is the clear choice.
Minimum Deposit: FP Markets More Accessible
FP Markets minimum deposit of $50 is significantly lower than IC Markets $200. This makes FP Markets more accessible for traders who want to start with a smaller initial capital, though both brokers are suited to professional traders with adequate funding.
Regulation: Equivalent
Both brokers hold ASIC (Australia) and CySEC (EU) licenses. Neither holds a DFSA UAE license. Both maintain client fund segregation and participate in ICF compensation scheme under their CySEC entities. For Gulf traders, both provide equivalent regulatory standing.
Verdict
For MT4/MT5 users, FP Markets is cheaper ($6 vs $7 round-turn). For TradingView users, FP Markets is the only choice. For cTrader purists, both are equivalent with IC Markets having a slight average spread edge. Both are excellent ECN brokers for Gulf traders.
FP Markets ู ูุงุจู IC Markets ูู ุชุฏุงููู ุงูุฎููุฌ 2026
ููุงูู ุง ู ู ุงูุถู ูุณุทุงุก ECN ููู ุญุชุฑููู. FP Markets ูุชู ูุฒ ุจุนู ููุฉ ุงูู ุนูู MT4/5 ูุชูุงู ู TradingView. IC Markets ูุชู ูุฒ ุจุณุจุฑูุฏุงุช ุฎุงู ุงุถูู ููููุง ูู ุชูุณุท 0.02 ููุทุฉ ุนูู EUR/USD.
Which is better for algo trading?
Both support Expert Advisors on MT4/MT5 and cBots on cTrader. IC Markets NY4 server location and published low-latency infrastructure make it a preferred choice for high-frequency algorithmic strategies.
Do both brokers allow scalping?
Yes. Both FP Markets and IC Markets explicitly allow scalping and do not restrict trade durations or minimum holding times.