IC Markets vs FXCM
IC Markets or FXCM – which is better for UK traders 2025? Compare IC Markets and FXCM in this detailed breakdown of their platforms, features and fees.
IC Markets | FXCM |
---|---|
![]() |
![]() |
IC Markets is ranked #5 among CFD brokers. | FXCM is ranked #25 among CFD brokers. |
IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations. | FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin. |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
No | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | Forex, Stock CFDs, Commodities CFDs, Crypto CFDs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$200 | $50 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
ASIC, CySEC, FSA, CMA | FCA, CySEC, ASIC, FSCA, BaFin, CIRO |
Mobile Apps | |
iOS & Android | iOS and Android |
Trading App | |
IC Markets deliver mobile apps for their cTrader, MT4, MT5 and TradingView platforms. They have been developed on Android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. Yet what really stands out is how they’ve managed to maintain the lightning-fast execution speed IC Markets is known for, right within the apps. It’s a seamless trading experience that feels both professional and highly responsive. |
|
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | No |
cTrader | |
Yes | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | Yes |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Introduced in February 2023, the IC Social app provides an easy platform for learning, sharing, and replicating the trades of other traders with minimal effort. The app also includes risk management features and supports specialised trading groups. Alternatively, IC Markets offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy. | FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Signal Start | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
Trade over 2,250 CFDs anytime from Monday to Friday across key markets, including forex, commodities, indices, stocks, and bonds. IC Markets leverages deep liquidity and cutting-edge bridge technology to offer ideal trading conditions for scalpers, hedgers, and algorithmic traders. | You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders. |
Leverage | |
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | 1:400 |
FTSE Spread | |
1.0 | 1.18 pts var* |
GBPUSD Spread< | |
0.23 | 0.5 pips* |
Oil Spread | |
0.03 | 0.05 (var)* |
Stocks Spread | |
0.02 | 0.2% Var* |
Forex | |
IC Markets remains dedicated to offering tight 0.0-pip spreads on major currency pairs like EUR/USD, ensuring outstanding execution with an average speed of 35 milliseconds. Ideal for traders seeking high performance, those dealing in large volumes can also enjoy rebates of up to $2.50 per forex lot. | FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks. |
Assets | |
75 | 40 |
GBPUSD Spread | |
0.23 | 0.5 pips var* |
EURUSD Spread | |
0.02 | 0.2 pips var* |
EURGBP Spread | |
0.27 | 0.5 pips var* |
Currency Indices | |
|
|
Cryptocurrency | |
IC Markets provides a range of over 20 cryptocurrencies for trading through CFDs, featuring less common tokens like Avalanche, Kusama, and Uniswap. Traders can enjoy commission-free transactions and experienced individuals can utilise high leverage up to 1:200 via the MetaTrader platforms. | Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade. |
Spread | |
BTC 42.036 | Variable |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
IC Markets | FXCM |
More Comparisons | |
IC Markets vs |
FXCM vs |