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


Visit 74.46% of retail CFD accounts lose money.	Visit 76.27% of retail CFD accounts lose money.
Overview
FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.	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
Experienced traders looking for platform and accounts variety FX Traders looking for deep liquidity and fast execution under 14 ms	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
CySec (Cyprus) ASIC (Australia) SCB (Bahamas) FSCA (South Africa)	ASIC (Australia) CySec (Cyprus) FSA (Seychelles)
The Good
Moderate asset offering (around 2,500+ instruments) Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)	Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety
The Bad
No real stocks or ETFs Proprietary platform is not user friendly	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
2006	2007
💳 Minimum Deposit Range
$100	$200
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal	Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IR.	US, CA, IL.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
2,261	1,737
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
2,100	1,600
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
70	61
📗 Commodities
0	0
📗 Commodities CFDs
11	22
📕 Indices
0	0
📕 Indices CFDs
29	25
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
30	18
📒 Bonds
0	0
📒 Bonds CFDs
0	11
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
21	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
$1,000 (0.01 Lots)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	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
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
$15 after 12 months of inactivity plus $5 monthly thereafter.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader.	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 1.2 Pips	Dynamic - From 0 to 0.6 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 20 to 45 Pips
📈 GOLD
Dynamic - From 24 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2.82	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $88	Dynamic - From $8.7 to $42
Research and Analysis
⭐ Watchlists
No	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No