Direct Specification Matrix
FP Markets vs IC Markets
Comprehensive side-by-side comparison of rules, prize structures, and trader experiences. Ratings calculated independently using identical public criteria.
Platform Type
forex broker
forex broker
Founded Year
2005
2007
HQ Country
AU
AU
Tradable Markets
forex, indices, commodities, stocks
forex, indices, commodities, stocks
Competition Formats
live account, volume based, deposit required
live account, volume based, deposit required
Entry Barrier / Cost
$100 deposit required
$200 deposit required
Typical Prize Pools
$15,000 – $150,000 USD
$20,000 – $250,000 USD
Max Leverage
Up to 1:500
Up to 1:500
Regulation Status
ASIC (Australia), CySEC (Cyprus), FSCA
ASIC (Australia), CySEC (Cyprus), SCB (Bahamas)
Payout Track Record
VERIFIED
VERIFIED
Decision Summary: Which Should You Choose?
Choose FP Markets if:
- • You prioritize forex, indices, commodities, stocks markets.
- • You prefer live account, volume based, deposit required formats.
- • You have sufficient trading balance to meet deposit requirements.
Choose IC Markets if:
- • You trade primarily on forex, indices, commodities, stocks.
- • You value live account, volume based, deposit required structures.
- • You want access to high volume reward tiers.