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FOREX.com vs IC Markets 2026
A detailed head-to-head comparison of FOREX.com and IC Markets across regulation, trading costs, platforms, and more.
Score Breakdown
Category-by-Category Winner
Detailed Comparison
Overview
Trading Costs
Platforms & Features
Instruments
FOREX.com vs IC Markets: Our Analysis
Overall Verdict
With an overall score of 84.2/100 vs 78.7/100, IC Markets edges out FOREX.com by 5.5 points. This moderate gap suggests IC Markets has an edge in several key areas.
Trading Costs
On the EUR/USD pair, FOREX.com offers an average spread of 1.30 pips with a $5.00 round-turn commission, while IC Markets comes in at 0.10 pips with a $6.00 commission. IC Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at FOREX.com and $200 at IC Markets.
Regulation & Safety
FOREX.com holds 4 regulatory licenses with a highest tier of Tier 1 (CFTC/NFA, FCA, ASIC), while IC Markets has 5 licenses at Tier 1 (ASIC, CySEC, CMA). IC Markets has more regulatory licenses overall.
Platform Comparison
FOREX.com offers MT4, MT5, TradingView, FOREX.com Advanced Platform — uniquely offering FOREX.com Advanced Platform which IC Markets does not have. IC Markets supports MT4, MT5, cTrader, TradingView, with exclusive access to cTrader. Both brokers offer a comparable range of platforms.
Who Should Choose Which?
FOREX.com suits beginners seeking education, traders who prioritize safety, traders wanting a wide instrument range, while IC Markets is better for cost-conscious traders, traders who want advanced tools. If copy trading matters, IC Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.
Frequently Asked Questions
Based on our testing, IC Markets scores higher overall at 84.2/100 compared to FOREX.com's 78.7/100. However, "better" depends on your priorities — FOREX.com may be superior in specific categories like regulation.
IC Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 1.30 pips at FOREX.com. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.
FOREX.com scores higher for regulation and trust at 92/100, holding licenses from CFTC/NFA, FCA, ASIC. IC Markets scores 82/100 with ASIC, CySEC, CMA.
For beginners, FOREX.com is the stronger choice with an education and research score of 82/100. It offers structured trading courses, webinars, and a free demo account. IC Markets scores 62/100 for education.
Yes, there is no restriction on having accounts with both FOREX.com and IC Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.
Reviewed by
Neil CNeil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.
Last updated: April 2026