Forex.com vs IC Markets

Forex.com or IC Markets – which is better for UK traders 2026? Compare Forex.com and IC Markets in this detailed breakdown of their platforms, features and fees.

Forex.com vs IC Markets Comparison Table 2026
Forex.com IC Markets
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4.5
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Forex.com is ranked #7 among CFD brokers. IC Markets is ranked # among .
Review
Established in 2001, FOREX.com is a division of StoneX, a global financial entity catering to over a million clients. It is regulated across the US, UK, EU, Australia, and other regions. The broker offers diverse markets beyond forex and delivers competitive pricing on advanced platforms.
IC Markets has closed or no longer accepts UK clients.
Pros
  • With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform.
  • The in-house Web Trader remains a top-tier platform for budding traders, featuring an elegant design and more than 80 technical indicators for market analysis.
  • FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders.
  • An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.
Cons
  • FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
  • US clients are not protected against negative balances, which means you could end up owing more than your initial deposit.
  • Demo accounts are typically limited to 90 days, hindering effective strategy testing.
FCA Regulated
Yes
Instruments
Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto
Demo Account
Yes
Minimum Deposit
$100
Payment Methods
Minimum Trade
0.01 Lots
Regulator
NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA, CMA
Mobile Apps
iOS & Android
Trading App
Alongside the MT4 and Web Trader platforms, the FOREX.com app provides comprehensive trading features in a user-friendly, compact package. With integrated news, analysis, and real-time alerts, it excels on mobile. It surpasses MT4 in mobile charting, offering over 80 indicators and 11 chart types, alongside a more streamlined design.
iOS App Rating
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3.6
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Android App Rating
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3.8
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Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
Yes
ECN Account
Yes
DMA Account
Yes
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No
Social Trading
No
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$15
Islamic Account
Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • PLN
Commodities
  • Gold
  • Oil
  • Silver
  • Cotton
  • Livestock
  • Soybeans
  • Coffee
  • Natural Gas
  • Sugar
  • Wheat
  • Orange Juice
  • Lean Hogs
  • Cattle
CFD
With options for both long and short positions on over 5,500 CFDs in forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com stands out. The platform's unique Web Trader delivers an outstanding experience, featuring more than 80 technical indicators and average execution speeds of merely 20 milliseconds, providing an ideal setting for dedicated traders.
Leverage
1:30
FTSE Spread
1.0
GBPUSD Spread<
1.3
Oil Spread
2.5
Stocks Spread
0.14
Forex
FOREX.com remains a leading FX broker, providing 80 currency pairs with highly competitive fees. EUR/USD spreads can reach as low as 0.0, with a $7 commission per $100k, making it a standout choice.
Assets
84
GBPUSD Spread
1.3
EURUSD Spread
1.2
EURGBP Spread
1.4
Forex.com IC Markets
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