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FBS vs IC Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for FBS and IC Markets.

FBSTrust 7.5/10
ASIC
CySEC
FSC-Belize

High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.

IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Quick verdict

  • Trust: IC Markets has the higher trust score.
  • EUR/USD spread: IC Markets is tighter on EUR/USD.

Side-by-side comparison

FeatureFBSIC Markets
Trust score7.59.3
RegulatorsASIC, CySEC, FSC-BelizeASIC, CySEC, FSA-Seychelles
HeadquartersBelize
Founded2009
Min deposit$1$200
Max leverage1:30001:500
EUR/USD spread0.90 pips0.10 pips
Commission per lot$0.00$7
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller, Crypto
Withdrawal speed24h
Base currenciesUSD, EUR

FBS is best for

Beginners
High-volume traders
Day traders

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users