FBS Vs. IC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 76.5% of retail CFD accounts lose money.	Visit 76.27% of retail CFD accounts lose money.
Overview
FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.	IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.
Best For
New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts Experienced high volume traders looking for a fixed zero spread account	Professional traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and commissions
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
IFSC (Belize) CySec (Cyprus) ASIC (Australia) FSCA (South Africa)	ASIC (Australia) CySec (Cyprus) FSA (Seychelles)
The Good
Clear account offering that covers all levels of traders according to their net worth Proprietary copy trading service Access to high leverage (Up to 1:3000)	Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety
The Bad
Asset offering is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000	Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2009	2007
💳 Minimum Deposit Range
From $1 to $1,000	$200
💰 Payment Methods
Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)	Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill
💵 Account Base Currencies
3 - EUR, USD, AUD.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
JP, US, CA, MY, IL, IR.	US, CA, IL.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
254	1,737
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
104	1,600
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
102	61
📗 Commodities
0	0
📗 Commodities CFDs
8	22
📕 Indices
0	0
📕 Indices CFDs
12	25
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
28	18
📒 Bonds
0	0
📒 Bonds CFDs
0	11
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 - 0.01 Lots	Unavailable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
$1,000 - 0.01 Lots	Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	$1,000 - 0.01 Lots
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
3000	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
FBS commissions vary per account type as follows: Cent account: none Micro account: none Standard account: none Zero spread account: From $20 per lot ECN account: From $6 per lot Crypto account: 0.05% for opening or closing positions	No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.
Spreads
📈 EUR/USD
Dynamic - From 0 to 3 Pips	Dynamic - From 0 to 0.6 Pips
📉 SP500
Dynamic - From 170 Pips	Dynamic - From 20 to 45 Pips
📈 GOLD
Dynamic - From 32 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.08	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $104	Dynamic - From $8.7 to $42
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No