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The parallel interference cancellation for multi-carrier DS-CDMA (which is termed FDC-PIC) is proposed by integrating frequency diversity combination. The simulations are made over FDC-PIC with respect to different decision ways-hard, soft and linear decisions, respectively, and we conclude that FDC-PIC acquires superior performance improvement over correlation reception of multi-carrier DS CDMA. With an increase in interference cancellation stages, the system performance is improved further. The initial 2 stages bring about the most dominant performance improvement, but up to the 3rd stage the system performance is improved little. It is also shown by the simulation results that FDC-PIC with soft decision would exhibit the best performance with a high implementation complexity, while FDC-PIC with linear decision acquires performance comparable to that of FDC-PIC with soft decision with a reduced-complexity if the number of the interference cancellation stages is the same, which indicates that FDC-PIC with linear decision has optimal performance/complexity tradeoff and therefore will be suitable for practical application in future.