IC Markets vs FxPro – Which Broker is Better for Jordan Traders?

For Jordan traders, trading costs are a key factor. IC Markets offers raw spreads from 0.0 pips with a commission of $3.5 per lot on its Raw Spread account, making it ideal for scalpers and high-volume traders. FxPro’s Zero account has spreads from 0.6 pips with no commission, but its Standard account spreads start from 1.2 pips. Over 100 trades per month, IC Markets can save Jordan traders up to $50–$100 compared to FxPro, especially on major pairs like EUR/USD. Both brokers have no hidden fees.

IC Markets provides MetaTrader 4, MetaTrader 5, cTrader, and a web platform, offering flexibility for Jordan traders who prefer advanced charting and algorithmic trading. FxPro offers MT4, MT5, and its proprietary FxPro Edge platform, which is simpler but less feature-rich. For Jordan retail traders who need custom indicators or copy trading, IC Markets’ cTrader is a strong advantage. Both platforms are available in Arabic and support mobile trading on iOS and Android.

IC Markets uses a true ECN/STP model with no dealing desk, offering ultra-fast execution with average speeds under 40ms. FxPro also uses STP execution but may have occasional requotes during high volatility. For Jordan traders who trade news events or scalp, IC Markets’ execution is more reliable and slippage is minimal. FxPro’s execution is still good for swing traders but less ideal for high-frequency strategies.

IC Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Seychelles Financial Services Authority (FSA). FxPro is regulated by CySEC, the Financial Conduct Authority (FCA) in the UK, and the Financial Sector Conduct Authority (FSCA) in South Africa. For Jordan traders, neither broker is directly regulated by the local financial regulator, but both offer strong investor protection under EU and UK frameworks. FxPro’s FCA regulation provides additional security for Jordan clients.

Jordan traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and FxPro. IC Markets also accepts credit/debit cards, PayPal, and other e-wallets, while FxPro offers similar options. Minimum deposits: IC Markets starts at $200 (or equivalent via USDT), and FxPro at $100. Withdrawals are processed within 1-2 business days for e-wallets and 3-5 days for bank transfers. Both brokers do not charge deposit fees, but bank intermediaries may apply small charges. USDT deposits are processed quickly and are popular among Jordan traders for their speed and low cost.

Both IC Markets and FxPro offer swap-free Islamic accounts for Jordan’s Muslim traders who require Sharia-compliant trading. IC Markets provides Islamic accounts on all account types (Standard, Raw Spread, and cTrader) with no swap charges on overnight positions. FxPro offers Islamic accounts on its Standard and Zero accounts. To open an Islamic account, Jordan traders must submit a request during registration. Both brokers do not charge additional fees for these accounts, but some instruments may have limited availability. IC Markets’ broader account support gives it an edge.

IC Markets offers 24/7 customer support via live chat, email, and phone, with Arabic language support available. FxPro provides similar support hours but with slightly slower response times in Arabic. For Jordan traders, IC Markets’ 24/7 availability and Arabic-speaking agents are more convenient, especially during local trading hours. Both brokers have comprehensive FAQ sections on their websites.