Which broker is better for Finland traders in 2026? Expert analysis across 12 categories.
As a Finland-based retail trader, choosing the right forex broker is critical for your trading success. IC Markets and FxPro are two globally recognized brokers, each with distinct strengths. IC Markets holds a high rating of 4.8/5, favored for its ultra-low spreads and fast execution, while FxPro scores 4.1/5, known for its diverse platform selection and strong regulation. Both accept Finnish clients and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT. This comparison helps you decide which broker better suits your trading style, whether you prioritize cost efficiency or platform flexibility. The local financial regulator in Finland ensures that both brokers operate under strict EU guidelines, giving you a secure trading environment.
| Instrument | IC Markets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $100 | FxPro |
For Finland traders, trading costs can significantly impact profitability. IC Markets offers spreads from 0.0 pips on its Raw Spread account, with a commission of $3.50 per lot round turn. FxPro's spreads start from 0.6 pips on its cTrader account and 1.2 pips on standard accounts. If you trade frequently or in high volumes, IC Markets is clearly more cost-effective. However, FxPro's fixed spread accounts may appeal to those who prefer predictable costs. Always consider your average trade size and frequency when comparing.
| Account Type | IC Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $200 | $100 |
| Entity / Asset | IC Markets | FxPro |
|---|---|---|
| Finland (offshore) | Up to 1:5000 | Up to 1:500 |
| Forex major pairs | 1:5000 | 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 |
| Asset Class | IC Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IC Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IC Markets |
| Crypto CFDs | 30+ | 20+ | IC Markets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | IC Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, all popular among Finnish traders for their advanced charting and automated trading capabilities. FxPro offers MT4, MT5, cTrader, and its proprietary FxPro Edge platform. For Finland traders who value algorithmic trading, IC Markets' cTrader is a standout. FxPro's Edge platform is intuitive for beginners. Both brokers offer mobile apps for trading on the go, which is essential for active traders in Finland.
| Factor | IC Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IC Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
IC Markets uses Equinix NY4 servers for ultra-fast execution, with average speeds under 40ms. FxPro also offers fast execution but may experience slippage during high volatility. For Finland traders, IC Markets' lower latency and no-dealing-desk model are ideal for scalping and news trading. FxPro's execution is reliable for standard strategies but not as competitive for high-frequency trading.
| Safety Factor | IC Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with EU standards. FxPro is regulated by the Financial Conduct Authority (FCA) in the UK and CySEC, plus additional licenses in South Africa and the Bahamas. For Finland traders, both brokers are authorized under MiFID II, meaning your funds are protected by negative balance protection and segregation. The local financial regulator in Finland monitors cross-border activities, so you can trade with confidence.
| Payment Method | IC Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | E-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 days | 1 business day |
Both IC Markets and FxPro support Bank Transfer, Skrill, Neteller, and USDT for Finland traders, making deposits and withdrawals convenient. IC Markets also accepts credit/debit cards and PayPal, while FxPro adds more e-wallet options like PayPal and Neteller. Deposits via e-wallets and USDT are instant, while bank transfers may take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and 2-5 days for bank transfers. No deposit fees are charged by either broker, but your bank may apply conversion costs if you deposit in EUR or USD. For crypto users, USDT deposits are fast and low-cost.
| Islamic Account Feature | IC Markets | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both IC Markets and FxPro offer Islamic (swap-free) accounts for Finland traders who require Sharia-compliant trading. These accounts do not charge overnight interest on positions held beyond one day. IC Markets provides Islamic accounts on all account types, while FxPro offers them on standard and cTrader accounts. You must request the account during registration, and eligibility may be verified. No additional fees are applied, but long-term holding may be monitored to prevent abuse.
| Support Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IC Markets |
IC Markets offers 24/7 customer support via live chat, email, and phone, with a dedicated Finnish language option. FxPro provides support 24/5 through live chat, phone, and email, with English and other European languages. For Finland traders, IC Markets' round-the-clock support is beneficial for after-hours trading. Response times are generally fast on both platforms.
| Mobile Feature | IC Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IC Markets |
| Google Play rating | 4.3 stars | 4.2 stars | IC Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | IC Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IC Markets |
Choose IC Markets if you...
Choose FxPro if you...
For most Finland retail traders, IC Markets is the superior choice due to its lower trading costs, faster execution, and 24/7 support. Its 4.8 rating reflects strong performance across key metrics. FxPro remains a solid alternative with diverse platforms and solid regulation, but its higher spreads and lower rating make it less ideal for cost-conscious traders. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, and are regulated by the local financial regulator in Finland. If you prioritize cost efficiency and speed, choose IC Markets. If you prefer platform variety and fixed spreads, FxPro is a reliable option.