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FBS vs IC Markets: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- IC Markets has the lower minimum deposit: $0, against $5.
- Only FBS is licensed by FSC Belize.
- Only IC Markets is licensed by FSA, CySEC, and CMA (Kenya).
- Only IC Markets offers cTrader and TradingView.
- Only IC Markets supports PayPal for deposits and withdrawals.
- Users of other platforms rate FBS higher: 4.9/5, against 4.4/5 for IC Markets.
Side by side
| Criterion | FBS | IC Markets |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.9/5 (117K) | 4.4/5 (9,253) |
| Regulators | FSC Belize | FSA, CySEC, CMA (Kenya) |
| Minimum deposit | $5 | No minimum |
| Account types | Standard | Raw Spread, cTrader Raw Spread, Standard |
| Commission per lot (raw spread account) | — | $7 |
| Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Maximum leverage | up to 1:3000 (FSC Belize) | up to 1:5000 (FSA) |
| Swap-free (Islamic) account | Yes | On request |
| Deposit and withdrawal methods | Visa / Mastercard, Bank transfer, Skrill, Neteller | Visa / Mastercard, PayPal, Neteller, Skrill, Bank transfer |
| Retail CFD accounts losing money | — | 73.46% |
| Not available in | 70 countries | 5 countries |
| Founded | 2009 | — |
| Headquarters | Belize | — |
| Read review | Read review |
Frequently asked questions
Which regulators license FBS and IC Markets?
FBS is licensed by FSC Belize; IC Markets by FSA, CySEC, and CMA (Kenya).
What is the minimum deposit at FBS and IC Markets?
FBS: $5. IC Markets: No minimum.
Which trading platforms do FBS and IC Markets offer?
Both offer MetaTrader 4 and MetaTrader 5. Only IC Markets offers cTrader and TradingView.
Which payment methods do FBS and IC Markets support?
Both support Visa / Mastercard, Bank transfer, Skrill, and Neteller for deposits and withdrawals. Only IC Markets supports PayPal for deposits and withdrawals.
How are FBS and IC Markets rated on other platforms?
FBS: 4.9/5 (117K); IC Markets: 4.4/5 (9,253). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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