Compare FxPro vs IC Markets


Online brokers compared for fees, trading platforms, safety and more. See how FxPro stacks up against IC Markets!

FxPro vs IC Markets
overall rating
4.1
4.4
overall pros
  • Superb account opening process
  • Great customer service
  • Free deposit and withdrawal
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • Only CFDs and forex
  • High trading fees for some stock CFDs
  • Inactivity fee
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
fees
3.0
  • No withdrawal fee
  • Low financing rate
  • Inactivity fee
  • High CFD fees
4.1
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account currencies accepted
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Outdated design
  • Search function could be improved
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.5
  • Forex
  • CFD
1.8
  • Forex
  • CFD
  • Crypto
research
3.5
  • Trading ideas
  • User-friendly
  • No fundamental data available
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
4.5
  • Live chat
  • Relevant answers
  • Available in local languages
  • No 24/7 support
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Long track record
  • Negative balance protection for EU customers
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform Forex and CFD traders who value easy account opening and free deposit/withdrawal options
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