IC Markets vs FXTM 2026
Both are regulated. The right choice depends on your trading style.
IC Markets suits traders who value tighter spreads, more instruments (2,250 vs 1,000), no inactivity fee. FXTM suits traders who prioritise lower minimum deposit ($10 vs $200), copy trading.
Head to head
| IC Markets | FXTM | |
|---|---|---|
| Primary regulator | ASIC 335692 | CySEC 185/12 |
| Regulation tier | tier-1 | tier-1 |
| Min deposit | $200 | $10 |
| EUR/USD spread | From 0.0 pips (ECN) | 0.1 pips |
| Instruments | 2,250+ | 1,000+ |
| MetaTrader | Yes (MT4+MT5) | Yes (MT4+MT5) |
| Copy trading | No | Yes |
| Real stocks | No — CFDs only | No — CFDs only |
| Inactivity fee | None | $5/mo after 6mo |
| Founded | 2007 | 2011 |
| Headquarters | Sydney, Australia | Limassol, Cyprus |
Regulation: IC Markets vs FXTM
IC Markets is regulated by ASIC under licence 335692 (International Capital Markets Pty Ltd). The ASIC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
FXTM is regulated by CySEC under licence 185/12 (Forextime Ltd). The CySEC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.
Spreads and fees
IC Markets's EUR/USD spread is From 0.0 pips (ECN). FXTM's EUR/USD spread is 0.1 pips. IC Markets offers tighter spreads on this pair.
IC Markets does not charge an inactivity fee. FXTM charges an inactivity fee of $5/month after 6 months.
Platforms and tools
Both IC Markets and FXTM support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.
FXTM offers copy trading, IC Markets does not.
Minimum deposit
IC Markets requires a minimum deposit of $200. FXTM requires $10. FXTM has the lower barrier to entry.
Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.
Which is better for beginners?
FXTM is generally better for beginners because it offers copy trading. FXTM also has the lower minimum deposit of $10. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.
Which is better for experienced traders?
Both IC Markets and FXTM support MetaTrader, so experienced traders can use either without restriction. IC Markets's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. IC Markets offers more instruments (2,250) for portfolio diversification.
Verdict: IC Markets vs FXTM
Choose IC Markets if you want tighter spreads, more instruments (2,250 vs 1,000), no inactivity fee. The ASIC licence (335692) gives it strong tier-1 regulatory backing.
Choose FXTM if you want lower minimum deposit ($10 vs $200), copy trading. The CySEC licence (185/12) means strong tier-1 regulatory protection.
Both brokers are legitimate and regulated. The choice comes down to your specific trading requirements.
Frequently asked questions
IC Markets vs FXTM: which is better?
IC Markets is better for tighter spreads, more instruments (2,250 vs 1,000), no inactivity fee. FXTM is better for lower minimum deposit ($10 vs $200), copy trading. If regulation quality is your priority, both have comparable regulation.
Is IC Markets or FXTM safer?
Both IC Markets (ASIC 335692) and FXTM (CySEC 185/12) are regulated by tier-1 authorities. Both segregate client funds.
What is the minimum deposit for IC Markets and FXTM?
IC Markets minimum deposit: $200. FXTM minimum deposit: $10. Minimums vary by entity and account type.
Do IC Markets and FXTM have MetaTrader?
Yes, both support MetaTrader 4 and MT5.