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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.

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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
FP Markets

fpmarkets.com

CFD BrokerMulti Asset BrokerStock CFD
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
Decision summary
Overall score
82
90
Trust score
90
99
Cost score
68
85
Platform score
94
94
Withdrawal score
68
86
Best for
Potentially suitable for active forex/CFD traders seeking low-spread Raw pricing and MetaTrader/cTrader/TradingView access, but entity-specific protections, regional onboarding an…
Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out
Needs verification
Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators
ASIC, CySEC, FSCA South Africa, FSA Seychelles, CMA Kenya
Source
Financial Services Authority of Seychelles (FSA)
Source
License numbers
ASIC AFS 286354; CySEC 371/18; FSCA FSP 50926; Seychelles FSA SD130; Kenya CMA 193; Saint Lucia registration 2025-00853; Seychelles company registration 8426368-1.
Source
Securities Dealer license number SD018
Source
Regulated entities
First Prudential Markets Pty Ltd (ASIC AFS 286354); First Prudential Markets Limited (Seychelles FSA SD130); FP Markets (Pty) Ltd (FSCA FSP 50926); First Prudential Markets Ltd (CySEC 371/18); FP Markets Ltd (Saint Lucia registration 2025-00853).
Source
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
Source
Negative balance protection
FP Markets states it offers Negative Balance Protection whereby the client cannot lose more than their balance; availability may depend on entity/account type.
Source
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
Source
Investor compensation
Not disclosed in checked official FP Markets pages; potential protections may depend on regulated entity and jurisdiction.
Source
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
Source
Restricted countries
Does not offer services to Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russian Federation, Somalia, Syria, Sudan, Yemen, United Kingdom, United States, FATF and EU/UN sanctions-list jurisdictions; page also states FP Markets does not onboard clients who are residents of India.
Source
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
Source
Costs & account conditions
Minimum deposit
US$100 or equivalent
Source
No minimum deposit requirement disclosed for opening a trading account.
Source
Spread from
From 0.0 pips on Raw accounts; Standard account from 1.0 pips.
Source
Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
Source
Commission
Standard: zero commission; Raw: US$3 per side per lot.
Source
Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
Source
Maximum leverage
Maximum leverage 1:500 on the South Asia/non-EU account-types page; leverage is jurisdiction- and client-class dependent.
Source
IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
Source
Deposit fee
No deposit fees when using Skrill or Neteller; other funding terms/fees are method-dependent and subject to change.
Source
IC does not charge additional deposit fees; bank/intermediary fees may apply.
Source
Withdrawal fee
Not disclosed in checked extracted official sources; transaction-fees page indicates deposit/withdrawal terms are method-dependent and subject to change.
Source
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
Source
Inactivity fee
Not disclosed in checked extracted official sources.
Source
No account inactivity fees.
Source
Markets, platforms & payments
Tradable assets
Forex, shares/stock CFDs, metals, commodities, indices, bonds, ETFs and digital currencies; 10,000+ CFDs/instruments stated on official pages.
Source
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
Source
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Mobile App and Iress.
Source
MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
Source
Account types
Standard, Raw, Islamic/swap-free option, and professional account subject to eligibility.
Source
Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
Source
Deposit methods
Bank transfer, major credit/debit cards, digital currency wallets/cryptocurrencies, local funding methods, Skrill, Neteller and broker-to-broker transfers.
Source
Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
Source
Withdrawal methods
Withdrawal methods are referenced on the official transaction-fees page, but a detailed withdrawal-method table was not available in extracted content.
Source
Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
Source
Withdrawal processing time
Not disclosed in checked extracted official sources.
Source
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
Source

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.