IC Markets vs FxPro for Ukraine Traders (2026)

IC Markets offers raw spreads from 0.0 pips on its True ECN accounts with a small commission of $3.50 per lot per side. For Ukraine traders executing high-volume trades, this results in significantly lower overall costs. FxPro’s spreads start from 0.6 pips on its Zero account with a $4.50 commission per lot, or 1.2 pips on its Standard account with no commission. Over 100 lots per month, IC Markets can save Ukraine traders up to $200 in spread costs. Swap rates are competitive at both brokers, but IC Markets’ lower spreads give it a clear edge for active traders.

IC Markets provides MetaTrader 4, MetaTrader 5, cTrader, and a web trader, all optimized for low latency and fast execution. Ukraine traders who prefer algorithmic trading or scalping will appreciate cTrader’s advanced charting and depth of market. FxPro offers MT4, MT5, and its own cTrader platform, plus a proprietary FxPro Edge app for mobile trading. Both platforms support automated trading via Expert Advisors (EAs). For Ukraine traders needing stable connectivity, IC Markets’ servers in London and New York offer lower ping times from Ukraine compared to FxPro’s UK-based servers.

IC Markets uses No Dealing Desk (NDD) execution with average speeds of 40ms, ideal for scalpers and high-frequency traders in Ukraine. FxPro also offers NDD execution but with slightly higher latency (around 60ms). Both brokers provide low slippage and reject requotes. IC Markets’ deeper liquidity pool from multiple banks ensures tighter spreads during volatile market hours, which is critical for Ukraine traders operating during overlapping London/New York sessions.

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). FxPro is regulated by the UK Financial Conduct Authority (FCA), CySEC, and the Financial Sector Conduct Authority (FSCA) of South Africa. Neither broker is licensed by Ukraine’s local financial regulator, but both comply with strict EU and UK client fund segregation rules. For Ukraine traders, this means deposits are kept separate from broker funds, reducing counterparty risk. FxPro’s FCA regulation offers additional protection via the UK Financial Services Compensation Scheme (FSCS) up to £85,000, while IC Markets’ ASIC regulation provides a similar safeguard under Australian law.

Ukraine traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT (Tether). IC Markets also accepts Visa, Mastercard, and PayPal, while FxPro supports bank wire and credit/debit cards. Minimum deposits are $200 at IC Markets and $100 at FxPro. Withdrawals are processed within 24 hours for e-wallets and crypto, and 3-5 business days for bank transfers. No deposit fees are charged by either broker, but Ukraine banks may apply conversion fees for USD transactions. USDT deposits are particularly popular among Ukraine traders due to speed and low cost, with both brokers accepting Tether on the Ethereum and TRC-20 networks.

Both IC Markets and FxPro offer swap-free Islamic accounts for Muslim traders in Ukraine who follow Sharia law. IC Markets provides Islamic accounts on all account types (Standard, True ECN, and Raw Spread) with no swap charges on overnight positions. FxPro offers Islamic accounts on request, applicable to its Standard and Zero accounts. Neither broker charges additional fees for Islamic accounts, but holding positions for extended periods may be restricted. For Ukraine-based Muslim traders, IC Markets’ automatic availability is more convenient, while FxPro’s request-based process requires manual approval.

IC Markets offers 24/7 live chat, email, and phone support in English and Russian, which is beneficial for Russian-speaking Ukraine traders. FxPro provides 24/5 support via live chat, phone, and email in multiple languages including Ukrainian. Both brokers have comprehensive FAQ sections. IC Markets’ faster response times (under 30 seconds on live chat) give it an edge for urgent queries, while FxPro’s Ukrainian-language support is a plus for local traders.