FP Marketsvs
IC MarketsCrypto Exchange Comparison
FP Markets and IC Markets compete for crypto CFD exposure across popular platforms. The matchup tests regulation, fees, and coin coverage in a regulated CFD framework.
Our Verdict
Too close to call0.1 pts apart
FP Markets and IC Markets are closely matched across regulation, platforms, and pricing. IC Markets offers more coins (20 vs 15), which is the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Coin selection: FP Markets lists 15 coins, IC Markets offers 20.
- 2Fee structure: FP Markets uses spread-only pricing, IC Markets offers ECN-adjacent raw spreads.
- 3Regulatory reach: IC Markets adds FSCA beyond FP Markets.
Who should choose FP Markets vs IC Markets?
Find out which crypto exchange best suits your trading profile.
Choose FP Markets if…
Choose FP Markets if you want crypto CFDs across MT4, MT5, cTrader, and TradingView with no crypto commissions.
Choose IC Markets if…
Choose IC Markets if you want ECN-adjacent spreads across MT4, MT5, cTrader, and TradingView.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Equally matched; both maintain segregated funds and are regulated.
Best for low fees
It’s a tie
Both equally suited
IC Markets offers tighter spreads via ECN-adjacent pricing.
FP Markets vs IC Markets: Side-by-Side Crypto Exchange Comparison
| Criteria |  FP Markets |  IC Markets |
|---|---|---|
| Editorial score | 4.0/ 5 | 4.1/ 5 |
| Min Deposit | $100▼ lower | $200 |
| Spreads From | 0 pips | 0 pips |
| Taker Fee | 6.00%▼ lower | 7.00% |
FP Markets vs IC Markets Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available on MT4, MT5, cTrader, and TradingView, no platform switching
- ASIC and CySEC regulation with segregated client funds
- Integrates into existing multi-asset account alongside forex, indices, and shares
- No commission on crypto CFDs; spread-only pricing
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
FP Markets vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
Highlighted rows show where the two exchanges differ
| Criteria | FP Markets | IC Markets |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
FP Markets vs IC Markets: Frequently Asked Questions
The scores are close: FP Markets rates 4/5 and IC Markets rates 4.1/5. IC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both FP Markets and IC Markets list the same spread figure of 0. Compare each exchange's full fee schedule, including maker/taker rates and any volume discounts, to evaluate total trading costs.
FP Markets has $100, while IC Markets requires at least $200. This makes FP Markets more accessible for traders looking to start with a smaller crypto investment.
Both FP Markets and IC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FP Markets requires a lower minimum deposit ($100), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets offers up to 2:1 on perpetual or margin products, versus IC Markets's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FP Markets charges $6 per trade, lower than IC Markets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide cTrader and MetaTrader 5 and TradingView and MetaTrader 4. FP Markets has exclusive access to IRESS.
