CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Broker Dossier

IC Markets vs FP Markets

IC MarketsFP Markets
Dossier Score (your country)3830
Entity that serves youRaw Trading LtdFSA Seychelles #SD018FP Markets LLCSVG FSA
Regulator tier of that entityTier 3 (offshore)Registration only
Max. leverage at that entityVariesVaries
All group regulatorsASIC, CySEC, FSA Seychelles, SCBASIC, CySEC, FSCA, SVG FSA
Founded20072005
Publicly listedNoNo
Min. deposit$200$100
Advertised EUR/USD spread from0.8 pipsspread-only account1.0 pipsspread-only account
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewMetaTrader 4, MetaTrader 5, cTrader, TradingView
ExecutionECNECN, DMA
Copy tradingYesYes
Islamic accountYesYes
Review Visit siteReview Visit site

Highlighted cells are the stronger value on that row. Spreads are advertised by the brokers, not measured by us.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.