IC Markets vs FP Markets for Finland Traders (2026)

For Finland traders, trading costs are a critical factor. IC Markets offers raw spreads from 0.0 pips on its True ECN account with a $7 round-turn commission per lot, making it ideal for high-volume traders. FP Markets' raw account has spreads from 0.0 pips with a $6 round-turn commission, slightly cheaper per lot. On standard accounts, IC Markets has spreads from 0.6 pips with no commission, while FP Markets starts from 1.0 pips. Over 100 lots per month, IC Markets saves approximately $100 compared to FP Markets on standard accounts. Finnish traders trading major pairs like EUR/USD will benefit from IC Markets' lower spreads, especially during high-volume periods.

Both brokers offer MetaTrader 4, MetaTrader 5, and cTrader, which are popular among Finland traders. IC Markets provides all three platforms with advanced charting tools and algorithmic trading capabilities. FP Markets also supports these platforms plus its proprietary WebTrader. For Finnish traders who prefer automated trading, both brokers offer VPS hosting and support for Expert Advisors (EAs). IC Markets' cTrader is particularly favored for its fast execution and intuitive interface, while FP Markets' MT5 integration is seamless. The choice often comes down to personal preference for platform features.

IC Markets is known for its ultra-fast execution, with average speeds under 40 milliseconds on its True ECN servers. FP Markets offers execution speeds around 50 milliseconds, which is still competitive. For Finland traders engaging in scalping or high-frequency trading, IC Markets' lower latency can be a decisive factor. Both brokers offer no dealing desk (NDD) execution and no requotes, ensuring transparency. FP Markets has a slight advantage in order fill rates during volatile markets.

IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles), while FP Markets is regulated by ASIC, CySEC, and FSA. For Finland traders, regulation by the local financial regulator (FIN-FSA) is not applicable to these brokers, but they comply with European Union standards through CySEC. This provides a layer of protection, including negative balance protection and investor compensation schemes. Finnish traders should note that while both brokers are considered safe, IC Markets has a slightly stronger reputation for regulatory compliance. Always verify the specific entity you trade with to ensure alignment with your risk tolerance.

Finland traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT with both brokers. IC Markets requires a minimum deposit of $200, while FP Markets has a lower minimum of $100. Deposits via Skrill and Neteller are instant, while bank transfers take 1-3 business days. USDT deposits are processed within minutes on both platforms. Withdrawals are processed within 24 hours for e-wallets and 2-5 days for bank transfers. FP Markets offers free withdrawals, while IC Markets charges a small fee for bank transfers. Both brokers support multi-currency accounts, allowing Finnish traders to deposit in EUR or USD. The availability of USDT is particularly useful for crypto-savvy traders in Finland.

Both IC Markets and FP Markets offer Islamic (swap-free) accounts for Finland traders who require them due to religious beliefs. These accounts do not charge or pay overnight interest on positions, complying with Sharia law. IC Markets provides Islamic accounts on all account types, while FP Markets offers them on standard and raw accounts. Finnish Muslim traders should request an Islamic account during registration, and both brokers process these requests within 24 hours. It's important to note that Islamic accounts may have longer holding periods before swap-free status applies, but both brokers are transparent about terms.

IC Markets offers 24/7 multilingual customer support via live chat, email, and phone, with fast response times. FP Markets also provides 24/7 support but has a slight edge in phone support for Finnish traders, as they offer a dedicated Europe-based team. Both brokers have extensive FAQ sections and educational resources. For Finnish traders, the language barrier is minimal as both support English, and FP Markets occasionally offers support in Scandinavian languages.