FXOpen vs ICMarkets Comparison – 2026

FXOpen is ideal for beginners and small budget traders, with micro, STP, ECN, and crypto accounts starting from just $1. IC Markets also offers a much larger range of tradable assets, 2,200+ instruments, and its customer support is available 24/7 with faster response times.

Winner: IC Markets dominates in regulation, trading costs, platforms, tradable assets, payment options, and support, making it the top choice for serious or professional traders.

FXOpen offers flexibility and low entry, offering accounts like Micro, STP, ECN, and Crypto, with a minimum deposit starting from as low as $1. It even allows micro lot trading and niche options like crypto accounts, which gives new and small budget traders more room to start and test strategies.

IC Markets focuses on performance and professional trading conditions, with three main options: Standard, Raw Spread (MT4/MT5), and Raw Spread (cTrader). These accounts offer tight spreads from 0.0 pips, but require a higher minimum deposit of around $200.

Winner: FXOpen wins with its wide range of options and extremely low minimum deposit, making it ideal for beginners and flexible trading. IC Markets is a strong choice, but its accounts are more focused on experienced traders who want tight spreads and a professional trading environment.

FXOpen provides spreads starting from 0.0 pips on ECN accounts, with an average EUR/USD spread of around 1.2 pips and a commission of about $3.5 per lot.

IC Markets is a better option for its low spreads and consistent pricing, with raw spreads starting from 0.0 pips. Also, it has an average EUR/USD spread of around 0.1–0.6 pips, and a similar $3.5 per lot commission on Raw accounts.

Winner: ICMarkets delivers lower average spreads with the same commission level, resulting in a cheaper overall trading experience. FXOpen remains a solid option, but ICMarkets is the better choice for traders who want tighter pricing and more cost efficiency.

FXOpen supports MetaTrader 4, MetaTrader 5, and its proprietary TickTrader platform. It is packed with features like Level 2 pricing and advanced order types.

IC Markets provides access to MT4, MT5, and cTrader, all available on the web, desktop, and mobile, with features such as advanced charting, one-click trading, automated strategies, and ultra-fast execution.

The addition of cTrader brings more modern charting, copy trading, and algorithmic tools, which many professional traders prefer.

ICMarkets offers more platforms and better tools. With MT4, MT5, and cTrader, traders get more flexibility and advanced features like strong charting and automation.

FXOpen’s TickTrader is good, but IC Markets delivers a smoother and more complete trading experience for all types of traders.

FXOpen covers all major asset classes, including forex, indices, commodities, shares, ETFs, and cryptocurrencies, with around 45+ forex pairs and 100+ total CFDs. It also offers a strong selection of crypto CFDs and niche instruments like ETFs.

IC Markets gives access to 2,200+ tradable instruments, including 60+ forex pairs, 2,100+ stock CFDs, 20+ cryptocurrencies, commodities, indices, bonds, and futures. It is making it much more suitable for traders who want wider market exposure.

Winner: IC Markets offers a much wider selection of markets, including forex, stocks, commodities, indices, and more, giving traders plenty of options to trade and diversify.