Updated September 29, 2026 · BrokerCue Editorial Team
FXCC vs IC Markets
What sets them apart
| Compare | FXCC ReviewSee alternativesSee alternatives | IC Markets ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | $0Lower | $200 |
| Markets | Stocks, Forex, Crypto, Metals | Stocks, Forex, CFDs, Futures, Crypto, Bonds |
| Regulators | Mwali International Services Authorities (MISA) | SIPC |
| Deposit and withdrawal fees | No fees charged by broker | No internal deposit fees |
| Platforms | MT4, MT5 | MetaTrader 4, MetaTrader 5, CTrader, TradingView, WebTrader, IC Social |
| Stock trade fee | $0 | Not confirmed |
| Inactivity fee | Not confirmed | $0 |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
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Key differences
- FXCC scores higher overall: 9.1 vs 9.0.
- Regulators: only FXCC offers Mwali International Services Authorities (MISA).
- Regulators: only IC Markets offers SIPC.
- Minimum deposit is lower at FXCC: $0 vs $200.
- Markets: only FXCC offers Metals.
- Markets: only IC Markets offers CFDs, Futures, Bonds.
- Platforms: only FXCC offers MT4, MT5.
- Platforms: only IC Markets offers MetaTrader 4, MetaTrader 5, CTrader.
- Features: only IC Markets offers Copy trading.
- Pricing model: only FXCC offers Commission free.
Our verdict on each
FXCC
FXCC keeps entry cheap: the minimum deposit is $0, the stock trade fee is $0 and pricing is commission-free. It suits beginners and forex traders who want MT4 or MT5, a demo account and no broker charge on deposits, with a named regulator and licence behind the account.
IC Markets
IC Markets suits experienced day-traders who want a wide market list and no account fee, and it is a weaker fit if you want to start small. The minimum deposit of $200 is the number most readers will notice, while the inactivity fee of $0 takes that worry away.
Score breakdown
| Area | FXCC | IC Markets |
|---|---|---|
| Cost | 9.6HigherCommission-free pricing (commission free) with $0 to open, and the broker states No fees charged by broker. | 8.9Minimum deposit of $200 sits above the site median of €4.64, while the inactivity fee is $0. |
| Offer | 9.1 | 9.8Higher |
| Trust | 8.8Higher | 8.6 |
Availability and regulation
| Country | FXCC | IC Markets |
|---|---|---|
| Comoros | Not confirmed | |
| United States | Not confirmed | SIPC SIPC member 71021 |
Pick FXCC if, pick IC Markets if
Pick FXCC if cost and minimum deposit matter most.
Pick IC Markets if offer matter most.
Feature by feature
| Markets | FXCC | IC Markets |
|---|---|---|
| Stocks | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Metals | Yes | No |
What we checked
FXCC
- forexsuggest.com: 3 facts, checked September 26, 2026
- fxcc.com: 3 facts, checked September 26, 2026
- fxccaffiliates.com: 3 facts, checked September 26, 2026
- forexdailyinfo.com: 1 fact, checked September 26, 2026
- fxleaders.com: 1 fact, checked September 26, 2026
IC Markets
- ic.com: 5 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
- hercules-finance.com: 2 facts, checked September 26, 2026
- fxranking.com: 1 fact, checked September 26, 2026
How they place
| Ranking | FXCC | IC Markets |
|---|---|---|
| Stock and ETF brokers | 113 of 471 | 140 of 471 |
| Forex brokers | 49 of 147 | 60 of 147 |
| Low-spread forex brokers | 47 of 145 | 58 of 145 |
Every fact side by side
| Fact | FXCC | IC Markets |
|---|---|---|
| Features | Mobile app, Demo account | Demo account, Copy trading, Mobile appCovers more |
| Pricing model | Commission free | Low fees |
| Audience | Not confirmed | Experienced, Day traders |
| Legal entity | Central Clearing Ltd | RB INTERNATIONAL MARKETS (USA) LLC |
| Founded | 2010 | Not confirmed |
| Support channels | Email, Chat, Phone | Not confirmed |
Where each stands against the rest
| Fact | FXCC | IC Markets | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $200highest quarter | $25 |
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
Median across 134 listed brokers.
Pros and cons
FXCC
Pros
- Ranks at the top of 213 brands on minimum deposit, at $0.
- A commission-free model and a stock trade fee of $0, at the top of 161 brands for that fee.
- Both a mobile app and a demo account are offered (mobile app and demo account), so you can practise before funding.
Cons
- The listed regulator is Mwali International Services Authorities (MISA), so there is no UK or EU protection scheme behind the account.
- The market list is short at stocks, forex and crypto, with no ETF, bond or fund line on it.
- Most retail accounts lose money: the share that do runs at 70.15% across the site and 72.13% in the forex list.
IC Markets
Pros
- The inactivity fee is $0, and the brand ranks at 1 of 56 brands on that measure.
- Deposit and withdrawal carry no internal fees, so moving money in and out does not add to the cost of a trade.
- You can trade stocks, forex, contracts for differences, futures, crypto and bonds from one account, which is a wider list than eToro's stocks, etfs and forex.
Cons
- The minimum deposit of $200 sits above the site median of €4.64, so the account is less accessible than CFI, where the minimum deposit is $0.
- The brand ranks at 172 of 213 brands on minimum deposit, which puts the entry cost near the expensive end of the list.
- The stated audience is experienced traders and day-traders, so a first-time investor gets less hand-holding than the low-fees brands on the site.
Who each suits
FXCC
Who it suits
- Beginners who want a demo account and $0 to start with.
- Traders already working in MT4 and MT5 who prefer commission-free pricing.
- Traders who hold metals or crypto alongside forex, since stocks, forex and crypto covers them.
Who should look elsewhere
- Anyone after the longest market list: CFI covers stocks, etfs and forex.
- Traders who want futures in the same account: eToro covers stocks, etfs and forex.
- Investors who prefer a stated entry level rather than $0: Vantage asks $5.
IC Markets
Who it suits
- Experienced day-traders trading forex, contracts for differences, futures and crypto through a single account
- Anyone who trades on several platforms and wants MetaTrader, cTrader, TradingView and a web platform side by side
- Traders who want to hold an account open without paying an inactivity fee
Who should look elsewhere
- First-time investors who want a guided, beginner-led platform, where eToro suits better
- Anyone starting with a small amount, since Vantage opens at a minimum deposit of $5 against $200 here
- Long-term investors building a portfolio of funds or exchange-traded products, which eToro covers with its wider stocks, etfs and forex
Questions about each
FXCC
What does it cost to trade with FXCC?+
The minimum deposit is $0 and the stock trade fee is $0. The pricing model is commission-free, so a trade does not carry a separate commission and the usual cost sits in the spread. Support runs on email, chat and phone.
Are there fees for depositing or withdrawing money?+
The broker states No fees charged by broker, so moving money in or out of the account does not add a cost. That matters for smaller accounts, where a fixed transfer charge would eat into a balance opened at $0.
IC Markets
What is the minimum deposit to open an IC Markets account?+
The minimum deposit is $200. Set that against the site median of €4.64 to see where the entry point sits, and remember this money is committed before any trade is placed. Readers starting small may prefer a lower floor elsewhere.
Is there an inactivity fee at IC Markets?+
The inactivity fee is $0, so an account can sit open without a charge for being dormant. The brand ranks at 1 of 56 brands on that measure, which makes it one of the strongest results in our data for holding costs.