
Trading Account Comparison: FBS Standardvs IC Markets Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Standard
What Makes FBS Standard Different from IC Markets Standard?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
FBS Standard
The FBS Standard account is the broker’s standard trading account and is categorized by Broker Alarab for beginners and low-deposit traders. According to our data, spreads range from 0.7–1.3 pips, there is no separate trading commission, the minimum deposit is $5 and orders use Market Execution. This makes it a key account to examine when researching FBS spreads, commissions, minimum deposit and general account conditions before opening an account.
IC Markets Standard
The IC Markets Standard account is the broker’s straightforward pricing option for traders who prefer trading without a separate per-lot commission. According to Broker Alarab data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. We categorize it for beginners, while comparing Standard with IC Markets Raw accounts becomes increasingly important as trading activity grows.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading Account
Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | FBS Standard | IC Markets Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FBS | IC Markets |
| Account Name | Standard | Standard |
| Account Type | standard | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FSC | FSA | ASIC | CySEC | FSA | SCB |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.7 - 1.3 | 0.8 - 1.0 |
| Minimum Recorded Spread Based on the available account information. | 0.7 | 0.8 |
| Average Recorded Spread | 1 | 0.9 |
| Advertised Commission | $0 | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $5 | $200 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | FBS App | MT4 | MT5 | cTrader | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | FSC | FSA | ASIC | CySEC | FSA | SCB |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:3000 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

FBS
Standard

IC Markets
Standard
Broker Alarab's Assessment
We see FBS Standard as having a relatively simple structure: a $5 minimum deposit, $0 separate commission and a listed spread range of 0.7–1.3 pips. These conditions align with its categorization for beginners and low-deposit traders, but the account should not be selected on the low deposit requirement alone. Spreads, capital management and trading style remain important when evaluating suitability.
Broker Alarab's Assessment
We see IC Markets Standard as better suited to traders who value simple commission-free pricing, particularly beginners who do not want to calculate spread and commission together. However, IC Markets offers several Raw alternatives, making comparison essential. Its 0.8–1.0 pip range can matter more as volume and trading frequency increase, so zero commission alone should not determine the choice.
Account Advantages
- ✓Minimum deposit is $5 according to Broker Alarab data
- ✓No separate trading commission is listed in our data
- ✓Listed spreads range from 0.7–1.3 pips
- ✓Categorized for beginners and low-deposit traders
- ✓Relatively simple pricing structure without a separate trading commission
Account Advantages
- ✓No separate trading commission according to Broker Alarab data
- ✓Spreads range from 0.8–1.0 pips in our data
- ✓Straightforward cost structure that is easier for beginners to understand
- ✓Minimum deposit is $200 according to our data
- ✓Provides a clear alternative for traders who do not want tight-spread pricing with a separate commission
Disadvantages and Considerations
- !No separate commission does not mean cost-free trading because the spread remains part of transaction cost
- !The spread is not fixed at the 0.7-pip minimum within the listed range
- !A $5 minimum deposit does not mean that $5 is suitable trading capital for every strategy
- !Our current database does not contain additional FBS accounts for a direct internal account-type comparison
Disadvantages and Considerations
- !Spread range is wider than the Raw accounts listed in our data
- !Commission-free does not mean the transaction has no cost
- !Spread cost can become more important for scalping and frequent trading
- !Active traders should compare Standard with Raw Spread and the professional Raw tiers before choosing
Who Is This Account Suitable For?
- •Beginners according to the FBS account categorization in Broker Alarab data
- •Traders looking for an account with a low minimum deposit
- •Users who prefer pricing without a separate trading commission
- •Traders seeking a standard account with a relatively straightforward cost structure
Who Is This Account Suitable For?
- •Beginners looking for an IC Markets account with easy-to-understand pricing
- •Traders who prefer not to pay a separate commission per lot
- •Lower-frequency traders who are not focused exclusively on obtaining the tightest possible spread
- •Users who prefer a primarily spread-based cost model instead of combining spread and commission
Detailed Account Analysis
FBS Standard Spread: What Does the 0.7–1.3 Pip Range Mean?
The spread listed for the FBS Standard account by Broker Alarab ranges from 0.7–1.3 pips, while the recorded average spread is 1.0 pip. The range matters because the 0.7-pip minimum should not be interpreted as the account’s only spread level. When evaluating trading costs, looking at the listed range and recorded average provides more context than focusing only on the minimum, particularly because there is no separate trading commission in our data.
Is the FBS Minimum Deposit $5?
The minimum deposit recorded for the FBS Standard account in Broker Alarab data is $5. This is one reason the account is categorized for beginners and low-deposit traders. However, the minimum amount required to fund an account should be separated from suitable trading capital. Being able to start with a low amount does not automatically mean that amount is appropriate for risk management, every position size or every trading strategy.
Is the FBS Standard Account Commission-Free?
The separate commission listed for the FBS Standard account is $0, meaning our account data does not show a separate trading commission per trade or lot. This does not make trading cost zero because the spread remains an important cost component. Searches for FBS commission should therefore also consider the account’s listed spread range, which is 0.7–1.3 pips in our data.
Detailed Account Analysis
IC Markets Standard vs Raw Spread: Which Account Is Better?
This is one of the most important comparisons when choosing an IC Markets account. According to Broker Alarab data, Standard uses a 0.8–1.0 pip spread range with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both have a $200 minimum deposit in our data, so the entry requirement does not decide the comparison. Standard provides simpler pricing, while Raw Spread reduces the spread in exchange for commission. The better option depends on lot size, trading frequency and the total cost produced by each structure.
Is the IC Markets Standard Account Good for Beginners?
Broker Alarab categorizes Standard for beginners, and one reason this type of account can suit newer traders is the clarity of its cost structure. There is no separate per-lot commission, allowing traders to focus primarily on the spread when understanding entry and exit costs. This does not reduce trading risk or guarantee that Standard is always the cheapest account. Its main advantage for beginners is pricing simplicity, while Raw accounts can be compared later as trading size and frequency increase.
When Does a Raw Account Make More Sense Than Standard?
As traders become more spread-sensitive or increase their transaction frequency and trading volume, comparing Standard with the Raw accounts becomes more important. Standard is listed at 0.8–1.0 pips in our data, while several Raw options use tighter ranges with separate commissions. Traders should translate both the spread difference and commission into an effective cost at their expected lot size. This produces a more useful decision than relying only on labels such as commission-free or tight spread.
Important details about the FBS Standard account
$5 is the minimum deposit, not a capital recommendation
The recorded minimum deposit is $5. This figure describes the account requirement only and does not mean that $5 represents appropriate trading capital or risk management.
$0 commission does not mean zero trading cost
There is no separate trading commission in our data, but the 0.7–1.3 pip spread remains a direct component of the cost of opening and closing positions.
The spread is listed as a range, not a fixed number
Broker Alarab data records a 0.7–1.3 pip range with a 1.0-pip average, so the 0.7-pip minimum should not be treated as a fixed spread for the account.
Important details about the IC Markets Standard account
Commission-free does not mean free trading
Standard has a $0 commission in our data, but its 0.8–1.0 pip spread range remains an important component of transaction cost and should be included in comparisons.
The minimum deposit in our data is $200
Broker Alarab lists a $200 minimum deposit for Standard. This is an account requirement rather than a recommendation for suitable trading capital or risk.
Compare Standard and Raw using total trading cost
The presence of commission on a Raw account or its absence on Standard does not determine the cheaper option by itself. Spread differences and commission should be compared using expected volume and transaction frequency.
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
Compare Spreads and Commissions Together
The recorded spread for FBS Standard is 0.7 - 1.3, while IC Markets Standard shows 0.8 - 1.0. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for FBS Standard is $5, compared with $200 for IC Markets Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FAQs About FBS Standard vs IC Markets Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FBS Standard and IC Markets Standard?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the FBS Standard account?+
What is the minimum deposit for the FBS Standard account?+
What are the FBS Standard spread and commission?+
Is the FBS Standard account suitable for beginners?+
What is the IC Markets Standard account?+
What is the IC Markets Standard spread and commission?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
