IC Markets vs FxPro: Vietnam Trader Comparison 2026

For Vietnam traders, trading costs are a critical factor, especially for those who trade frequently or in large volumes. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a commission of $3.50 per lot per side, resulting in total costs as low as $7 per round turn. FxPro’s spread starts at 0.6 pips on MT4/MT5 with no commission, which equates to approximately $6 per lot for EUR/USD. However, for high-volume traders, IC Markets becomes more cost-effective due to tighter raw spreads. FxPro’s fixed spread account provides cost predictability, which some Vietnam traders may prefer. Overall, IC Markets is better for cost-sensitive active traders, while FxPro suits those who value simplicity.

Both brokers offer industry-leading platforms, but the choice depends on trader preference. IC Markets supports MT4, MT5, and cTrader, with advanced charting tools and one-click trading. FxPro also provides MT4, MT5, and its proprietary FxPro Edge platform, along with cTrader. For Vietnam traders who rely on automated trading or Expert Advisors (EAs), IC Markets offers superior compatibility and faster execution. FxPro’s platforms are more beginner-friendly, with clear interfaces and educational resources. Both brokers have mobile apps for iOS and Android, allowing Vietnam traders to trade on the go. IC Markets is better for experienced traders, while FxPro suits those new to forex.

IC Markets is known for its ultra-fast execution, with average speeds below 40ms on its Raw Spread account, thanks to Equinix NY4 data centers. FxPro also offers fast execution, averaging around 60ms, but may experience slippage during volatile markets. For Vietnam traders who scalp or trade news events, IC Markets provides a clear advantage. FxPro’s execution is reliable for standard trading. Both brokers use No Dealing Desk (NDD) execution, but IC Markets’ infrastructure is more advanced.

IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles), providing strong client fund protection and negative balance protection. FxPro holds licenses from the FCA (UK), CySEC, and FSCA (South Africa), offering similar safeguards. Neither broker is regulated by the local financial regulator in Vietnam, but both comply with international standards. For Vietnam traders, this means their funds are held in segregated accounts, and they benefit from compensation schemes (e.g., FSCS for FxPro UK clients). While local regulation is absent, these top-tier licenses offer reasonable security. Traders should verify the specific entity they are dealing with, as terms may vary by region.

Vietnam traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets processes deposits instantly for e-wallets and USDT, with no fees, while bank transfers take 1-3 days and may incur intermediary charges. FxPro also supports these methods, but may apply a small fee for Skrill and Neteller deposits. Withdrawals are processed within 24 hours for e-wallets at both brokers, and USDT withdrawals are available with low fees. Bank transfer withdrawals take 2-5 business days. Both brokers require verified accounts before processing withdrawals. IC Markets generally offers faster processing times and lower fees, making it more convenient for active Vietnam traders. Always check the latest fee schedules as they can change.

For Muslim traders in Vietnam who require swap-free accounts, both IC Markets and FxPro offer Islamic accounts. IC Markets provides Islamic accounts upon request via email or live chat, with no swap charges on overnight positions. FxPro offers swap-free accounts for all account types except cTrader, but may charge an administrative fee after a holding period. Vietnam traders should confirm the exact terms with each broker, as conditions vary. IC Markets is generally more flexible with no additional fees, while FxPro’s policy may be less favorable for long-term positions. Both brokers require proof of Muslim faith or a declaration. Islamic accounts are available for standard and raw spread accounts at IC Markets, and for all platforms except cTrader at FxPro.

IC Markets offers 24/7 customer support via live chat, email, and phone, with fast response times. FxPro provides support 24/5 via live chat, email, and phone, with a dedicated Vietnamese language team. Both brokers have comprehensive FAQ sections. For Vietnam traders, FxPro’s Vietnamese support is a plus, while IC Markets’ 24/7 availability is better for those trading during non-standard hours. Overall, IC Markets wins on availability, while FxPro wins on local language support.