IC Markets vs FXDD

IC Markets or FXDD – which is better for UK traders 2025? Compare IC Markets and FXDD in this detailed breakdown of their platforms, features and fees.

IC Markets vs FXDD Comparison Table 2025
IC Markets FXDD
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4.8
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4
IC Markets is ranked #5 among CFD brokers. FXDD is ranked #31 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. FXDD, a seasoned forex and CFD broker since 2002, operates under regulations in Malta, Mauritius, Peru, and Malaysia. It offers robust trading platforms, attractive ECN spreads, and dependable 24/7 customer support. The broker delivers competitive pricing and minimal latency through its Direct Market Access execution model, backed by tier 1 aggregated liquidity.
Pros
  • IC Markets provides some of the industry's narrowest spreads, offering 0.0-pip spreads on major currency pairs. This makes it an extremely cost-effective choice for traders.
  • As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.
  • In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience.
  • IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience.
  • Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
  • The broker's Trading Central integration provides daily fundamental market analysis, automated charting software, and market insights newsletters.
  • FXDD offers easy access for beginners, requiring only a $1 minimum deposit. Traders can choose from cent, mini, micro, and demo accounts.
  • The broker provides VPS accounts for traders seeking to execute intricate automated strategies. These accounts are ideal for both algorithmic traders and those with extensive experience in the field.
  • MAM and PAMM accounts enable management of trader portfolios while earning commissions.
  • The broker is overseen by multiple regulatory bodies providing investor compensation and safeguarding against negative balances.
  • The broker provides efficient customer support in multiple languages through phone, email, and live chat, available 24/5.
Cons
  • IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes.
  • The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders.
  • Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals.
  • Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable.
  • Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
  • Accounts inactive for over 90 days incur a $40 fee. This charge surpasses the $10 fee levied by many competitors.
  • Withdrawal fees are charged for more than one transaction each month. This is especially costly for active traders.
  • A £25 withdrawal fee applies to payments under £100, which is quite high and will affect novice and casual traders.
  • FXDD provides approximately 150 instruments, which is limited when compared to the extensive selections available at leading brokers.
  • The broker's market analysis section is outdated and lags behind top competitors.
Awards
  • Best MT4/MT5 Broker 2025 - DayTrading.com
  • Best MT4/MT5 Broker 2023 - DayTrading.com
  • Best Forex Broker 2022 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Trading App 2020 - DayTrading.com
  • Most Transparent Broker in Europe 2022 - ForexRating.com Awards
  • Most Trusted Broker - The Forex Expo Dubai 2021 Awards
  • Best Forex Broker - The Forex Expo Dubai 2020
  • Best Regulated Forex Broker - Saudi Money Expo 2018
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto Forex, CFDs, Indices, Stocks, Commodities
Demo Account
Yes Yes
Minimum Deposit
$200 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, FSA, CMA MFSA, FSC, LFSA, SBS
Mobile Apps
iOS & Android Yes
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
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3.1
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4.8
Android App Rating
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4.2
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4.6
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
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 Yes
LAMM Account
No Yes
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 Expert Advisors (EAs) on MetaTrader. Entity dependent.
Copy Trading
Yes No
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.
Social Trading
Yes Yes
Trade Signals
Signal Start Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Commodities
  • Gold
  • Oil
  • Silver
  • Orange Juice
  • Cocoa
  • Coffee
  • Corn
  • Soybeans
  • Sugar
  • Wheat
  • Natural Gas
  • Silver
  • Gold
  • Oil
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. Traders have access to CFDs in forex, indices, commodities, and stocks. Short-term strategies face no limitations, benefiting scalpers and algorithmic traders alike. Additionally, a variety of complimentary tools, such as a bespoke price ticker, are available.
Leverage
1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) 1:500* Leverage varies depending on the region
FTSE Spread
1.0 2.30
GBPUSD Spread<
0.23 0.4
Oil Spread
0.03 6.0
Stocks Spread
0.02 Variable
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. FXDD maintains a prominent offering of over 90 currency pairs with ECN pricing. During evaluations, spreads for EUR/USD were at 0.4 pips, which are quite reasonable. However, these rates are not as competitive as leading rivals, such as Pepperstone.
Assets
75 90+
GBPUSD Spread
0.23 0.4
EURUSD Spread
0.02 0.5
EURGBP Spread
0.27 1.6
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.
Spread
BTC 42.036
Coins
  • BTC
  • BCH
  • DOT
  • DSH
  • EMC
  • EOS
  • ETH
  • LNK
  • LTC
  • NMC
  • PPC
  • XLM
  • XRP
  • ADA
  • BNB
  • DOG
  • UNI
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
IC Markets FXDD
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