FxPro vs IC Markets
Compare FxPro vs IC Markets Side by Side
Selecting between FxPro vs IC Markets and would like to see who is better Broker for your trading strategy? We made a detailed comparison between FxPro Review and IC Markets, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
|Licenses||UK, Cyprus, South Africa, Bahamas||Australia, Cyprus|
|Minimum Deposit||100 US$||200 US$|
|Trading Platforms||MT4, MT5, cTrader, FxPro Edge||cTrader, MT4, MT5|
|Eurusd avg Spread||1.2 pips||1 pip|
|Licenses Countries Info (short)|
FxPro vs IC Markets Brokers are both licensed by the top-tier EU regulators. IC Markets also holds Australian license gives broker a slight advantage here, expanding its services to cover the needs of Australian clients through local access.
Both FxPro vs IC Markets Brokers are ECN Brokers offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders. FxPro is also an STP/NDD Broker are better for price transparency.
FxPro vs IC Markets provides relatively similar trading conditions offering low spreads to its traders and giving them opportunities to use different trading strategies such as hedging and scalping.
Trading costs offered by IC Markets seem to be better than those FxPro has. IC Markets spreads are mush lower, also, IC Markets does not charge any fees, while FxPro has an inactivity fee.
Both FxPro vs IC Markets offer Standard Account. Also, traders following Sharia rules may sign for a SWAP Free Account or Islamic account, which allows traders to open long-term positions. FxPro additionally has a Micro Account to offer which is generally more suitable for the beginners due to their much lower requirements and risks involved.
Trading instruments range of both FxPro vs IC Markets is quite similar. IC Markets also offers Bonds. The number of the assets offered is also small for both brokers.
Both Brokers offering good choice of platforms including popular MT4, MT5. FxPro vs IC Markets both use advanced and very powerful capabilities of cTrader platform.
Deposit & Withdrawal Methods
IC Markets Payment Methods are much better presented with a variety of e-walltes, while FxPro supporting Cards, Bank Transfers and a couple of e-wallets. Both brokers provide fast money transfers and charges no additional fees for deposits or withdrawals.
Both FxPro vs IC Markets understand the necessity of good quality customer service and support and take client satisfaction quite a priority and keep it at a professional level. Both brokers provide great learning material, both are on a very good level with excellent support, diverse education tools and section with videos, Webinars and support.
Conclusion on FxPro vs IC Markets
Concluding FxPro vs IC Markets comparison we found both brokers deliver reliable trading solutions with solid international offers. The offers of these brokers are quite similar, providing similar trading conditions and fees, the same set of the account types and trading platforms. Trading costs are almost the same, in combination with relatively similar instrument range but with advantage to IC Markets for lower fees and a variety of trading conditions. Here is our final recommendation:
- FxPro – 🥇Best cTrader Broker for offering seamless and feature0rich experience.
- IC Markets – 🥇Best Broker for Raw Spread Trading offering some of the lowest possible spreads available.