Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: FP Markets Standardvs IC Markets Standard

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

ACCOUNT OVERVIEW

What Makes FP Markets 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.

FP Markets Standard

The FP Markets Standard account is the standard option for traders who prefer spread-only pricing without a separate trading commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, commission is $0, the minimum deposit is $100 and orders use Market Execution. It differs clearly from the Raw account, which offers tighter spreads in exchange for a per-lot commission.

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.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

FP Markets
Standard
IC Markets
Standard

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

FP Markets
FP Markets
IC Markets
IC Markets

Account Name

FP Markets
Standard
IC Markets
Standard

Account Type

FP Markets
standard
IC Markets
standard

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
IC Markets
ASIC | CySEC | FSA | SCB

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

FP Markets
1.0 - 1.5
IC Markets
0.8 - 1.0

Minimum Recorded Spread

Based on the available account information.

FP Markets
1
IC Markets
0.8

Average Recorded Spread

FP Markets
1.2
IC Markets
0.9

Advertised Commission

FP Markets
$0
IC Markets
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

FP Markets
$100
IC Markets
$200

Order Execution Method

FP Markets
Market Execution
IC Markets
Market Execution

Trading Platforms

Available platforms may differ by account type.

FP Markets
MT4 | MT5 | cTrader | TradingView
IC Markets
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.

FP Markets
Not classified in this category
IC Markets
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

FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
IC Markets
ASIC | CySEC | FSA | SCB

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

FP Markets
1:500
IC Markets
1:500

Open a Trading Account

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

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.

FP Markets logo

FP Markets

Standard

IC Markets logo

IC Markets

Standard

Broker Alarab's Assessment

We see FP Markets Standard as suitable for traders who prefer a straightforward cost structure without a separate per-lot commission. Its listed 1.0–1.5 pip spread range is wider than Raw, but Standard removes the $6 per-lot separate commission attached to the other account. The choice therefore depends on trading style and volume rather than the lowest spread alone.

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

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Spread-only pricing instead of adding a per-lot commission
  • ✓Listed spreads range from 1.0–1.5 pips with a 1.2-pip recorded average
  • ✓Minimum deposit is $100
  • ✓Straightforward cost structure for traders who prefer pricing incorporated into the spread

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

  • !The listed spread range is wider than the Raw account
  • !No separate commission does not mean trading cost is zero
  • !The 1.0-pip minimum is not a fixed spread for every transaction
  • !Active traders should compare total expected cost with Raw before choosing

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?

  • •Traders who prefer spread-only pricing according to our account categorization
  • •Users who prefer not to pay a separate trading commission per lot
  • •Traders seeking a relatively straightforward pricing model
  • •Users comparing Standard with Raw who prioritize the absence of a separate commission

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

FP Markets Standard vs Raw: What Is the Cost Difference?

The primary difference is how trading costs are structured. Standard has listed spreads of 1.0–1.5 pips with a $0 separate commission, while Raw has 0.0–0.3 pip spreads with a $6 per-lot commission. Both require a $100 minimum deposit and use Market Execution, so the meaningful comparison centers on spreads, commission and expected trading volume.

Is the FP Markets Standard Account Commission-Free?

Yes. The separate commission recorded for FP Markets Standard by Broker Alarab is $0. However, commission-free pricing does not mean trading cost is zero because the listed 1.0–1.5 pip spread remains a key cost component. The spread should therefore be considered when comparing Standard with the tighter-spread Raw account and its separate commission.

How Should Traders Read the FP Markets Standard Spread?

Broker Alarab data records a 1.0–1.5 pip spread range and a 1.2-pip average for the Standard account. The average provides additional context compared with looking only at the 1.0-pip minimum. Traders comparing FP Markets account types should evaluate these figures together with the $0 commission and contrast them with the different pricing structure of Raw.

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 FP Markets Standard account

The separate commission is $0

There is no separate trading commission according to Broker Alarab data, but the listed 1.0–1.5 pip spread remains a direct component of trading cost.

The minimum deposit is $100

This is the account requirement stored in our data and is not a recommendation that $100 represents appropriate trading capital or risk management.

Standard and Raw have the same minimum deposit

Both accounts are listed with a $100 minimum deposit, so the main difference in our data is their spread and commission structure rather than their entry requirement.

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.

DECISION GUIDE

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.

01

Compare Spreads and Commissions Together

The recorded spread for FP Markets Standard is 1.0 - 1.5, while IC Markets Standard shows 0.8 - 1.0. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for FP Markets Standard is $100, compared with $200 for IC Markets Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

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.

04

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.

FREQUENTLY ASKED QUESTIONS

FAQs About FP Markets Standard vs IC Markets Standard

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between FP Markets Standard and IC Markets Standard?+
The recorded spread for FP Markets Standard is 1.0 - 1.5, compared with 0.8 - 1.0 for IC Markets Standard. The advertised commissions are $0 and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the FP Markets Standard account?+
FP Markets Standard is the standard account using spread-only pricing without a separate trading commission. According to Broker Alarab data, spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, commission is $0, the minimum deposit is $100 and orders use Market Execution.
What are the FP Markets Standard spread and commission?+
According to Broker Alarab data, Standard spreads range from 1.0–1.5 pips with a recorded average of 1.2 pips, while the separate commission is $0. No separate commission does not mean there is no trading cost because the spread remains the primary listed component of the account pricing model.
What is the FP Markets Standard minimum deposit?+
The minimum deposit recorded for FP Markets Standard is $100. This is the same minimum deposit recorded for the Raw account in Broker Alarab data. The two accounts therefore do not differ on this requirement, while their spread and commission structures differ substantially.
What is the difference between FP Markets Standard and Raw?+
Standard has listed spreads of 1.0–1.5 pips without a separate commission, while Raw has 0.0–0.3 pip spreads with a $6 per-lot commission. Both accounts have a $100 minimum deposit and use Market Execution, so the comparison primarily centers on their pricing structures.
What is the IC Markets Standard account?+
The IC Markets Standard account has no separate trading commission and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. It differs from the Raw accounts by placing trading cost primarily within the spread instead of combining tighter spreads with a separate commission.
What is the IC Markets Standard spread and commission?+
According to Broker Alarab data, IC Markets Standard spreads range from 0.8–1.0 pips and there is no separate trading commission. The spread therefore represents the primary transaction cost. Zero commission does not mean cost-free trading, which is why Standard and Raw Spread should be compared using total trading cost rather than commission alone.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.