brokeredge

FXFlat vs IC Markets

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

FXFlatTrust 8.7/10
BaFin

German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.

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

FeatureFXFlatIC Markets
Trust score8.79.3
RegulatorsBaFinASIC, CySEC, FSA-Seychelles
HeadquartersRatingen, Germany
Founded1997
Min deposit$200$200
Max leverage1:301:500
EUR/USD spread0.80 pips0.10 pips
Commission per lot$5$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, PayPal
Withdrawal methodsBank Wire
Withdrawal speed48h
Base currenciesUSD, EUR, GBP, CHF

FXFlat is best for

Algo traders
Day traders
Swing traders

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users