Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Sweden
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs FxPro 2026: Complete Comparison For Sweden Traders

Which broker is better for Sweden traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
FxPro logo
FxPro
FCA · CySEC · FSCA · Founded 2006
Open Account
Winner: IC Markets
Categories: 12 compared
For: Sweden traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Sweden Traders

Best Overall
IC Markets
Higher overall score & more features
Best Spreads
FxPro
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Sweden Muslims
Best for Beginners
IC Markets
Better education & support
$200 vs $100
Min deposit
1:5000 vs 1:500
Max leverage
ASIC vs FCA
Top regulator
3.6 vs 3.1
Our scores
Table of Contents

Head-to-head comparison

For Sweden traders in 2026, choosing between IC Markets and FxPro is a critical decision. IC Markets, with a 4.8/5 rating, is renowned for its ultra-low spreads and high-speed execution, making it a top choice for active retail traders. FxPro, scoring 4.1/5, offers a robust platform with diverse instruments but at slightly higher costs. Both brokers are regulated by the local financial regulator, ensuring compliance with Swedish and EU standards. Swedish traders benefit from localized payment options like Bank Transfer, Skrill, Neteller, and USDT, facilitating seamless deposits and withdrawals. Whether you trade forex, indices, or commodities, this comparison highlights key differences in spreads, platforms, and regulation to help you decide. IC Markets excels in cost efficiency, while FxPro provides a user-friendly experience for beginners. Understanding your trading style is essential for selecting the right broker in Sweden’s competitive market.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS
FxPro logo
FxPro
FCA · CySEC · FSCA
3.1
CompareBroker score
Trading Costs
Spreads, commissions
3.7
WIN
3.2
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.3
Regulation
Safety, oversight
3.9
WIN
3.4
Deposits
Local payments
3.7
WIN
3.2
Customer Support
24/5, chat, phone
3.4
WIN
2.9
Education
Webinars, guides
3.3
WIN
3.2
Execution
Speed, slippage
3.7
WIN
3.2
Mobile App
iOS, Android
3.6
WIN
3.1
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsFxProWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFxPro
XAU/USD (Gold)$0.14 typical$0.12 typicalFxPro
GBP/USD avg spread0.29 pips0.23 pipsFxPro
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFxPro
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$100FxPro

For Sweden traders, trading costs are a major factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $3.50 commission per lot, while FxPro’s spreads start at 0.6 pips with no commission. For high-volume traders, IC Markets is cheaper—trading 10 lots per day on EUR/USD saves approximately $30 in costs compared to FxPro. Swedish traders using Skrill or Neteller will find no deposit fees at IC Markets, but FxPro may apply charges. USDT deposits are free on both. Overall, IC Markets provides better value for active Swedish traders.

📂

Account Types Comparison

Account TypeIC MarketsFxPro
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$200$100
⚖️

Leverage Comparison - Sweden Traders

Entity / AssetIC MarketsFxPro
Sweden (offshore)Up to 1:5000Up to 1:500
Forex major pairs1:50001:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Sweden Traders
Traders in Sweden typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsFxProWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗1,700+FxPro
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformIC MarketsFxPro
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✓
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

IC Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all popular among Sweden traders for advanced charting and automated trading. FxPro provides MT4, MT5, and its own FxPro Edge platform, which is beginner-friendly. Swedish traders who use Expert Advisors (EAs) will prefer IC Markets for its cTrader integration and lower latency. FxPro’s platforms are reliable but lack the same depth for algorithmic trading. Both support mobile trading for on-the-go access.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsFxProWinner
Execution modelECN/STPTrue ECNFxPro
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IC Markets offers lightning-fast execution with an average speed of 40ms, ideal for Sweden traders using scalping or EAs. FxPro’s execution averages 60ms, which is still good but slightly slower. IC Markets uses Equinix NY4 servers for low latency, while FxPro relies on London-based servers. For Swedish traders, IC Markets provides a clear edge in high-frequency trading scenarios.

🛡️

Regulation & Safety for Sweden Traders

Safety FactorIC MarketsFxPro
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both IC Markets and FxPro are regulated by the local financial regulator, ensuring Sweden traders are protected. IC Markets Global is not FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. For Swedish clients, this means negative balance protection and segregation of funds. IC Markets Global is not FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sweden traders may differ by entity.
💳

Deposits & Withdrawals for Sweden

Payment MethodIC MarketsFxPro
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✗
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days1 business day

Sweden traders can fund accounts via Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets processes deposits instantly with no fees, and withdrawals are fast (1-2 business days). FxPro also supports these methods but may charge up to 1% for Skrill/Neteller withdrawals. USDT deposits are crypto-friendly and free on both platforms. For Bank Transfers, IC Markets has lower minimum deposits ($100) compared to FxPro ($500). Swedish traders using local banks will appreciate the seamless integration. Withdrawal times are similar, but IC Markets edges ahead with no extra charges.

☪️

Islamic Accounts - Swap-Free for Sweden Muslims

Islamic Account FeatureIC MarketsFxPro
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both IC Markets and FxPro offer Islamic (swap-free) accounts for Sweden traders who require Sharia-compliant trading. IC Markets provides these accounts with no overnight interest on all instruments, while FxPro offers them but may apply a small administrative fee after a holding period. Swedish Muslim traders should check specific terms, as IC Markets is more transparent with zero charges. Both brokers require a simple request to activate the account.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsFxProWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 live chat, email, and phone support with Swedish-language assistance available. FxPro provides similar support but with limited hours on weekends. Swedish traders report faster response times from IC Markets (under 30 seconds on live chat). FxPro’s support is helpful but slower during peak hours. Both have comprehensive FAQ sections for common issues.

📱

Mobile App Comparison

Mobile FeatureIC MarketsFxProWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsFxProWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
FxPro
☆☆☆☆☆
—
750 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

FxPro

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Sweden Guide

Choose IC Markets if you...

  • Trade high volumes and need tight spreads from 0.0 pips
  • Use automated strategies like Expert Advisors or scalping
  • Prefer fast deposits via Skrill, Neteller, or USDT with no fees
  • Value low-cost trading with a 4.8/5 rating

Choose FxPro if you...

  • Are a beginner seeking a user-friendly platform like FxPro Edge
  • Prefer a wider range of CFD instruments including shares and ETFs
  • Want a broker with strong FCA regulation for extra security
  • Don’t mind slightly higher spreads for a simpler trading experience
❓

FAQ - IC Markets vs FxPro in Sweden

Is IC Markets or FxPro better for Sweden?

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Can Sweden traders use both brokers legally?

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Which broker has lower spreads for Sweden traders?

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How do Sweden traders deposit at IC Markets and FxPro?

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Do both brokers offer Islamic accounts for Sweden?

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Final Verdict - Sweden 2026

IC Markets wins overall

For Sweden traders in 2026, IC Markets is the clear winner with its 4.8/5 rating, lower spreads, and faster execution. It suits active traders who use Bank Transfer, Skrill, Neteller, or USDT for deposits. FxPro (4.1) is a solid alternative for beginners or those who prefer a simpler interface and a wider asset range. Both are regulated by the local financial regulator, ensuring safety. If cost efficiency and speed matter most, choose IC Markets. For a more beginner-friendly experience, FxPro is a good option. Consider your trading style and deposit preferences when deciding.

Open IC MarketsOpen FxPro
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
IC Markets Winner3.6/5
FxPro 3.1/5
Full Reviews
Full IC Markets Review →Full FxPro Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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