FxPro vs IC Markets

Before comparing anything else, confirm which regulated entity of each broker would actually hold your account. Many brokers operate multiple entities under different regulators, and the entity you are assigned depends on your country of residence. The protections that apply to you, such as compensation schemes, negative balance policies and complaint procedures, are set by that specific entity, not by the brand as a whole. Check the legal documents and regulatory disclosures on each broker's website, then confirm the license number directly on the regulator's public register.

Key checks: Identify the exact legal entity that would onboard you at Fxpro and at IC Markets based on your residence.; Confirm each entity's license number on the relevant regulator's official register, not just on the broker's site.; Read the client agreement for details on segregation of client funds and dispute procedures.; Note whether any compensation scheme applies to your account type and jurisdiction..

Trading costs are made up of more than a headline spread. Compare the full cost stack for the instruments you actually trade: spreads by account type, per-trade commissions, overnight financing or swap charges, currency conversion fees and any inactivity or withdrawal charges. Published example spreads may not reflect the conditions you will see live, so treat marketing pages as a starting point and rely on the current fee schedules, contract specifications and terms documents. Where possible, test conditions on a demo or small live account before committing meaningful capital.

Key checks: List the instruments you trade and pull the current contract specifications for each from both brokers.; Check commission structures per account type and how they interact with quoted spreads.; Review swap or overnight financing rates if you hold positions past the daily rollover.; Look for non-trading fees such as inactivity charges, deposit or withdrawal costs and conversion fees..

Two brokers can look similar on paper and still feel very different in daily use. Confirm which trading platforms each broker currently supports for your region and account type, what order types are available, and how execution is handled during volatile periods. Also review practical account terms: minimum deposits, base currencies, leverage limits set by the applicable regulator and margin close-out rules. Our full reviews of each broker and the interactive comparison tool can help you organise these fields side by side, but final confirmation should always come from the brokers' current documents.

Key checks: Confirm supported platforms and order types for your specific account type and region.; Check leverage and margin rules, which are usually set by the regulator overseeing your entity.; Review minimum deposit requirements, available base currencies and funding methods.; Read the Fxpro review and IC Markets review on InvestorTrip, then use the compare broker tool to line up fields..