Edward548 Green

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Are IC Markets’ spreads and commissions lower than Pepperstone or FXCM?

IC Markets is widely recognized for having some of the lowest spreads in the industry. On EUR/USD, spreads often average 0.1 pips on its Raw Spread account, with commissions of $3.50 per lot per side. Standard accounts feature spreads starting from 1.0 pip with no commission. In comparison with Pepperstone, IC Markets’ spreads are generally similar, though some independent tests show IC Markets slightly cheaper during high liquidity. Against FXCM, IC Markets usually comes out ahead in cost comparisons. This ultra-competitive pricing makes IC Markets particularly attractive for scalpers, day traders, and algorithmic traders who depend on tight spreads and low latency.