FP Markets and IC Markets differentiate their original accounts in a number of ways, including minimum deposit requirements, transaction fees, execution speed and leverage。

FP Markets and IC Markets are both equally well-known Australian forex brokers, offering almost the same services in a trading platform-free framework.。Both also offer original accounts of their own brands, often sought after by traders.。Therefore, potential traders may wonder, how does FP Markets compare to the original account of IC Markets？

When you trade with the original account, you have access to the real market price of the instrument。The spread between the bid and ask prices of the instrument is based on the price given by the liquidity provider (usually from 0.0 point start), the broker as an intermediary will not apply any mark-up。In exchange, you must pay a commission to the broker for each trade.。

Forex brokers often differentiate their original accounts in a number of ways, including minimum deposit requirements, transaction fees, execution speed, trading platforms and leverage, and they may also try to expand the variety of instruments available and the number of liquidity providers.。

So, how do FP Markets and IC Markets compare in this regard?？The article will summarize one by one for you.。

FP Markets Original Account Details

• Minimum deposit requirement: 100 Australian dollars or equivalent currency
  Commission fee: 6 per lot.00 USD (3 per side.00 USD)
  Average execution speed: about 80 milliseconds
  Server Location: New York
  Trading platforms: Metatrader 4 and Metatrader 5
  Maximum leverage: up to 1: 30 for regular accounts and 1: 500 for FP Markets professional accounts
  Market Range: Over 60 Forex Pairs, Metals, Indices, Commodities and Individual Stock CFDs

FP Markets (also known as First Prudential Markets) was founded by Matthew Murphie in Sydney, Australia in 2005.。Since then, the company has expanded its global presence through licensing from the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission.。

FP Markets offers relatively cheaper fees and more affordable minimum deposit requirements for original accounts, but the market range is small, execution speed is relatively slow, and there are only two types of trading platform options。

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Maintaining an overnight position will not result in overnight / rollover fees reducing your income, so you don't have to worry about。FP Markets offers the most competitive swap rates in the industry by introducing swap points in the form of real-time swap rate listings on the MT4 and MT5 platforms。For example:

ACWI: long position is -5.00, the short position is -2.50。
ADAUSD: long position at -20.00, with a short position of -20.00。
AGG: long position is -5.00, the short position is -2.50。

IC Markets Original Account Details

• Minimum deposit requirement: $200
  Commission: Metatrader 7 per lot.$00, cTrader 6 per hand.00 美元
  Average execution speed: about 40 milliseconds
  Server location: Metatrader New York, cTrader London
  Trading platforms: Metatrader 4, Metatrader 5 and cTrader
  Maximum leverage: up to 1: 500
  Market Range: Over 60 FX Pairs, Metals, Indices, Commodities, Cryptocurrencies and Individual Stock CFDs on the Australian Stock Exchange, NYSE and NASDAQ

Founded by Andrew Budzinski in Sydney, Australia in 2007, IC Markets has grown rapidly with deep and diversified liquidity, making it superior to its competitors.。IC Markets is also a multi-licence holder with full licences from Level 1-3 regulators (ASIC, CySEC and Seychelles)。

IC Markets offers original accounts with higher minimum deposit requirements。But it has a wider market, relatively faster execution speed, more trading platform choices and deeper liquidity.。At one point, IC Markets claimed to have access to up to 50 different liquidity providers, which allowed them to offer narrower spreads.。

Conclusion

The original account of IC Markets wins overall, however, the original account of FP Markets has its own advantages。Whichever you choose, you can take advantage of the rigorous spread and depth of market (DOM) capabilities at the institutional level。

View their respective demo accounts to further check their features。It is also important to consider other aspects before making a choice, including customer support and the overall reputation of the broker。