Wednesday 4 November 2026
Independent Broker Reviews & Financial News

IC Markets vs FP Markets

Select two brokers to compare them using the same information and scoring categories found in our individual reviews. Brokers are listed alphabetically; the comparison does not indicate a recommendation.

Comparison

This comparison is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Verify all details through official sources before making any decision.

Criterion IC Markets FP Markets
Editorial score
Editorial score 3.8 out of 5
Out of 5
Editorial score 3.9 out of 5
Out of 5
Scores by category
Regulation and transparency (29%) 4.0 / 5 3.0 / 5
Costs and fee disclosure (23%) 4.0 / 5 4.0 / 5
Risk and consumer information (18%) 2.5 / 5 3.3 / 5
Customer support (12%) 5.0 / 5 5.0 / 5
Education and research (12%) 4.0 / 5 5.0 / 5
Website and user experience (6%) 3.1 / 5 5.0 / 5
Regulation and markets
Main regulation ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018ASIC AFSL 286354, CySEC 371/18, CMA Kenya 193
Entities by region
  • Australia: International Capital Markets Pty Ltd, ASIC, AFSL 335692 (source: broker disclosure)
  • European Union: IC Markets (EU) Ltd, CySEC, licence 362/18
  • International entities: Raw Trading Ltd (IC Markets Global), FSA Seychelles, Securities Dealer licence SD018 (source: broker disclosure)
  • Australia: First Prudential Markets Pty Ltd, ASIC, AFSL 286354 (source: broker disclosure)
  • European Union: First Prudential Markets Ltd, CySEC, licence 371/18
  • International entities: FP Markets Limited, Capital Markets Authority Kenya, licence 193
  • International entities: First Prudential Markets Limited, FSA Seychelles, securities dealer (licence number not shown on the register) (source: broker disclosure)
  • International entities: FP Markets MENA Securities L.L.C. S.O.C., UAE Capital Market Authority, Category 5 licence (introduction and marketing only) (source: broker disclosure)
  • International entities: FP Markets Ltd, Saint Lucia company registration 2025-00853 (not a financial licence) (source: broker disclosure)
Markets offered Currencies, Indices, Commodities, Share CFDs, ETFs, Crypto, BondsCurrencies, Indices, Commodities, Share CFDs, ETFs, Crypto, Bonds
Review details
Publisher relationship None disclosed None disclosed
Last reviewed 1 July 20261 July 2026
Full review Read IC Markets ReviewRead FP Markets Review

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How this comparison works

Every broker is assessed using the same documented criteria. Scores are based on publicly available information, direct product research and clearly identified sources. Read the methodology →

A note on risk

CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.