IC Markets vs FXTM 2026 – A Complete Comparison for Jordan Traders

When comparing trading costs for Jordan traders, IC Markets clearly leads with spreads starting from 0.0 pips on its Raw Spread account, plus a commission of $3.50 per lot. FXTM’s standard account offers spreads from 1.0 pips with no commission, but for high-volume traders, IC Markets’ model is cheaper. For example, trading 10 lots per month, IC Markets costs around $35 in commissions, whereas FXTM’s wider spreads could cost $100+. Jordan traders should consider their average trade size and frequency to choose the most cost-effective option.

Both brokers provide MetaTrader 4 and MetaTrader 5, the industry standards, which are widely used by Jordan traders. IC Markets also offers cTrader, a platform known for advanced charting and fast order execution, ideal for scalpers. FXTM provides its own proprietary platform, FXTM Trader, which is mobile-friendly and beginner-oriented. For Jordan traders who value speed and customisation, IC Markets’ cTrader is a strong advantage; for those new to trading, FXTM’s simplified interface may be more appealing.

IC Markets is renowned for its ultra-fast execution speeds, averaging under 40ms, thanks to its Equinix NY4 data centre and No Dealing Desk (NDD) model. FXTM also offers reliable execution but can experience slippage during high volatility. For Jordan scalpers and day traders, IC Markets’ execution quality is superior, reducing the risk of requotes and ensuring tighter spreads are maintained.

IC Markets is regulated by top-tier authorities like ASIC and CySEC, while FXTM is regulated by the FCA and CySEC. Both brokers also comply with the local financial regulator in Jordan, ensuring they meet local legal standards. This dual regulation gives Jordan traders an extra layer of security, as client funds are held in segregated accounts and negative balance protection is offered. For Jordan residents, this means your capital is safeguarded, and dispute resolution is accessible through local channels.

Jordan traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and FXTM. Bank Transfers are reliable but slower (1-3 business days), while Skrill and Neteller offer instant deposits and withdrawals with minimal fees. USDT deposits via crypto are processed within minutes, ideal for traders who prefer digital currencies. IC Markets requires a minimum deposit of $200, whereas FXTM starts at just $10, making FXTM more accessible for beginners. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers. Both brokers support JOD conversions, but using USD accounts avoids conversion fees.

Both IC Markets and FXTM offer Islamic (swap-free) accounts for Jordanian Muslim traders who wish to trade in accordance with Sharia law. IC Markets provides swap-free accounts on all account types without any time limit, meaning no interest is charged or earned on overnight positions. FXTM also offers Islamic accounts, but availability may be limited to standard accounts and subject to eligibility checks. Jordan traders should confirm with customer support before opening an Islamic account to ensure their specific needs are met.

IC Markets provides 24/7 customer support via live chat, email, and phone, with Arabic language support available during business hours. FXTM offers similar support channels, including a dedicated Arabic-speaking team and a comprehensive FAQ section. For Jordan traders, FXTM’s localised support may be slightly more accessible, but both brokers respond promptly and professionally.