FBS vs IC Markets 2025: Jordan Trader Comparison
Which broker is better for Jordan traders in 2026? Expert analysis across 12 categories.
Jordan traders seeking reliable forex brokers in 2025 often compare FBS and IC Markets. Both brokers accept Jordanian clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient. FBS holds a 3.7/5 rating and appeals to retail traders with low minimum deposits and bonus offers. IC Markets scores 4.8/5 and is favored by experienced traders for its tight spreads and institutional-grade execution. The local financial regulator does not directly oversee these international brokers, so traders must rely on foreign regulation. This comparison covers trading costs, platforms, regulation, and account features tailored to Jordan's trading environment, helping you choose the right broker for your USD-based trading.
| Instrument | FBS | IC Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | IC Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | IC Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | IC Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | IC Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $200 | FBS |
| Inactivity fee | ✓ | ✓ | Tie |
For Jordan traders, trading costs are a key factor. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a commission of $7 per lot round turn. FBS spreads start from 0.3 pips on its Zero Spread account with no commission. On a standard lot of EUR/USD, IC Markets costs about $7 per lot (spread + commission), while FBS costs around $3 per lot (spread only). However, IC Markets' tighter spreads benefit high-frequency traders and scalpers. For Jordan traders trading USD pairs, IC Markets provides lower overall costs for high-volume strategies, while FBS is more cost-effective for smaller trades.
| Account Type | FBS | IC Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| VPS trading | ✗ | ✓ |
| Min deposit | $1 | $200 |
| Neg. balance protection | ✓ | ✓ |
| Entity / Asset | FBS | IC Markets |
|---|---|---|
| Jordan (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | FBS | IC Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | IC Markets |
| ETFs | ✗ | ✗ | Tie |
| Options | ✗ | ✗ | Tie |
| Futures | ✗ | ✗ | Tie |
| Platform | FBS | IC Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
| Fixed spreads | ✓ | ✗ |
| Variable spreads | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among Jordan traders for their advanced charting and automated trading. IC Markets also provides cTrader, a platform known for its intuitive interface and depth of market, ideal for scalpers. FBS offers FBS Trader, a proprietary mobile app with copy trading features. For Jordan traders using mobile devices, both platforms are optimized. IC Markets' cTrader is a standout for those who need advanced order types and transparency.
| Factor | FBS | IC Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | IC Markets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | ✗ | ✗ | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| News trading | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets uses Equinix NY4 data centers for ultra-low latency execution, ideal for Jordan traders who scalp or trade news events. FBS offers market execution with no requotes, but its execution speed is slower due to less advanced infrastructure. IC Markets is the clear winner for execution quality, with average execution under 40ms. FBS is adequate for swing traders and beginners.
| Safety Factor | FBS | IC Markets |
|---|---|---|
| Primary regulator | IFSC | ASIC |
| Reg number | #IFSC/60/230/TS/19 | #335692 |
| Verify registration | Verify ↗ | Verify ↗ |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FBS is regulated by the International Financial Services Commission (IFSC) in Belize, while IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). For Jordan traders, IC Markets' ASIC regulation offers stronger investor protection, including negative balance protection and compensation schemes. FBS's IFSC regulation is less stringent. The local financial regulator in Jordan does not oversee these brokers, so traders should prioritize IC Markets for regulatory safety, though FBS remains accessible for lower-risk trading.
| Payment Method | FBS | IC Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Deposit fee | None | None |
| Withdrawal time | 15-20 minutes for most methods; up to 48 hours for bank transfer | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days |
| Min withdrawal | $50 | $50 |
Jordan traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FBS supports local bank transfers in Jordanian Dinar (JOD) and has a low minimum deposit of $10. IC Markets requires a minimum deposit of $200 via bank transfer, but Skrill and Neteller deposits are free and instant. USDT TRC20 deposits are processed within minutes at both brokers. Withdrawals are typically processed within 24 hours for e-wallets and USDT TRC20, while bank transfers take 1-3 business days. FBS offers free withdrawals, while IC Markets may charge a small fee for bank transfers. Both brokers are reliable for Jordan traders using these methods.
| Islamic Account Feature | FBS | IC Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| Gold swap-free | ✓ | ✓ |
| Crypto swap-free | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FBS and IC Markets offer Islamic (swap-free) accounts for Jordan Muslim traders. FBS provides Islamic accounts on all account types with no swap fees, and no additional conditions. IC Markets offers Islamic accounts on its Standard and Raw Spread accounts, but requires a minimum deposit of $200 and may charge a one-time administration fee. FBS is more accessible for traders with smaller capital, while IC Markets suits those who can meet the higher deposit. Both comply with Sharia law by eliminating interest on overnight positions.
| Support Feature | FBS | IC Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| 24/5 support | ✓ | ✓ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 live chat, email, and phone support in Arabic, which is beneficial for Jordan traders. IC Markets provides 24/5 support via live chat, email, and phone, with Arabic support available but limited hours. FBS has a slight edge in localized support, but IC Markets is known for faster response times. Both brokers have extensive FAQ sections on their websites.
| Mobile Feature | FBS | IC Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5★ | 4.3★ | FBS |
| Google Play rating | 4.3★ | 4.2★ | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| Mobile deposit/withdrawal | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Dark mode | ✓ | ✓ | Tie |
| Resource | FBS | IC Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | FBS |
| Webinars (live) | Weekly | ✗ | FBS |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
| Beginner resources | Excellent | Basic | FBS |
Choose FBS if you...
- Are a beginner retail trader with a small starting capital (minimum $10 deposit).
- Prefer bonus promotions and lower minimum deposits.
- Need Islamic accounts without high deposit requirements.
- Want Arabic customer support available 24/7.
Choose IC Markets if you...
For Jordan traders in 2025, IC Markets is the superior choice due to its lower trading costs, faster execution, and stronger regulation. It is ideal for traders who prioritize performance and fund safety, especially those using Skrill, Neteller, or USDT TRC20 for deposits. FBS remains a viable option for beginners and traders with limited capital, thanks to its low minimum deposit and Islamic account accessibility. However, FBS's weaker regulation and higher spreads make it less suitable for serious traders. Considering the local financial regulator's limited oversight, IC Markets offers better protection. Ultimately, IC Markets is recommended for most Jordan traders, while FBS suits those starting out with smaller budgets.