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FXTM 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 $30.
- Only FXTM is licensed by FSC, FSCA, and CMA (UAE).
- Only IC Markets is licensed by FSA and CySEC.
- Only IC Markets offers cTrader and TradingView.
- Only IC Markets supports PayPal for deposits and withdrawals.
Side by side
| Criterion | | |
|---|---|---|
| Rating | ||
| Rating on other platforms | 4.3/5 (1.9K) | 4.4/5 (9,253) |
| Regulators | FSC, FSCA, CMA (Kenya), CMA (UAE) | FSA, CySEC, CMA (Kenya) |
| Minimum deposit | $30 | No minimum |
| Account types | Micro, Rewards Plus, Rewards, Advantage, Advantage Stocks | Raw Spread, cTrader Raw Spread, Standard |
| Commission per lot (raw spread account) | $7 | $7 |
| Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Maximum leverage | up to 1:5000 (FSC) | 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 | 17 countries | 5 countries |
| Founded | — | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license FXTM and IC Markets?
FXTM is licensed by FSC, FSCA, CMA (Kenya), and CMA (UAE); IC Markets by FSA, CySEC, and CMA (Kenya).
What is the minimum deposit at FXTM and IC Markets?
FXTM: $30. IC Markets: No minimum.
Which trading platforms do FXTM and IC Markets offer?
Both offer MetaTrader 4 and MetaTrader 5. Only IC Markets offers cTrader and TradingView.
Which payment methods do FXTM 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 FXTM and IC Markets rated on other platforms?
FXTM: 4.3/5 (1.9K); 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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