Ayrex vs IC Markets, Updated for 2024
Ayrex Rating
|
IC Markets Rating
|
Your capital is at risk |
Losses can exceed deposits |
Ayrex vs IC Markets Guide |
Read our In-Depth Ayrex vs IC Markets Review - Updated for 2024
This Ayrex vs IC Markets review has been updated for 2024 by industry experts boasting years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Ayrex vs IC Markets does not apply to all countries as follows:
Ayrex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare Ayrex vs IC Markets
All platforms for online trading will have some ups and downs, so any comprehensive review of Ayrex and IC Markets cannnot be regarded as thorough without adopting an objective perspective.
Compare Ayrex and IC Markets to understand the way these platforms stack up to each other before you choose to create an account. Performing a comprehensive comparison can put things in perspective so that you're aware of what you should anticipate.
So you are looking for an online trading platform and are choosing between Ayrex or IC Markets. Who should you choose?
Our Ayrex vs IC Markets comparison contains the latest information so you can easily compare IC Markets against Ayrex.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will get adept at all of the concepts of brokerage since you continue trading. For starters, you have to select the right agent who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. Ayrex and IC Markets are two such trading platforms that will take you along with your investment to great heights. It's important that you compare Ayrex vs IC Markets until you trust them with your cash.
Our Ayrex vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Ayrex and IC Markets side by side.
Our full Ayrex vs IC Markets Review covers everything you will need to know about trading using either Ayrex or IC Markets. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a broker service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
Ayrex and IC Markets are both brokers which have paved their way successfully to the broker world. Within this review, we have attempted to collate some of the vital aspects of both Ayrex and IC Markets. This review will help you to know whether either IC Markets or Ayrex is a good fit for your own investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of Ayrex and IC Markets Compared
Ayrex offers a minimum deposit of $250 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how Ayrex and IC Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Ayrex allows you to trade around 40 financial instruments whilst IC Markets has around 40 financial instruments on their platform.
The more instruments you can trade on the Ayrex and IC Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Ayrex or IC Markets.
Ayrex and IC Markets Contact Details
Being able to contact an online trading platform easily is vital. Ayrex and IC Markets have the following contact details and social medias that you can use.
Broker | Ayrex | IC Markets |
---|---|---|
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
Ayrex Twitter Account | IC Markets Twitter Account | |
Ayrex Facebook Page | IC Markets Facebook Page | |
Ayrex Instagram Account | IC Markets Instagram Account | |
Ayrex LinkedIn Page | IC Markets LinkedIn Page | |
YouTube | Ayrex YouTube Channel | IC Markets YouTube Channel |
Find Out More |
|
|
IC Markets and Ayrex Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Ayrex and IC Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Ayrex vs IC Markets - Awards
Broker | Ayrex | IC Markets |
---|---|---|
Awards | At the time of writing this Ayrex review, and despite Ayrex’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won a lot of industry awards over the time they have been running as a financial broker. We show the most recognised awards for IC Markets below.
|
Find Out More |
|
|
Ayrex vs IC Markets - Frequently Asked Questions
Ayrex vs IC Markets - Headquarters And Year Of Founding
Ayrex was founded in 2016 and has its head office in Cyprus.
IC Markets was founded in 2007 and has its head office in Australia.
What is the minimum deposit for IC Markets or Ayrex
The minimum deposit for Ayrex is $250.
The minimum deposit for IC Markets is $200.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Ayrex and IC Markets are a good choice.
Ayrex vs IC Markets - Regulation And Licencing In More Detail
Ayrex is regulated by Cyprus Securities and Exchange Commission (CySEC).
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both Ayrex and IC Markets have a powerful set of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Ayrex vs IC Markets Commission And Fees
Ayrex and IC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you're paying a spread, funding speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither Ayrex or IC Markets charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by Ayrex and IC Markets are relatively lower. Consequently, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This Ayrex vs IC Markets review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Ayrex And IC Markets
Broker | Ayrex | IC Markets |
---|---|---|
Minimum Deposit | $250 | $200 |
Withdrawal Fees | Yes | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | Yes |
CFD Fees | No | Yes |
Find Out More |
|
|
What Languages Do Ayrex And IC Markets Support?
Being able to communicate easily with your online platform is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find all the languages that both Ayrex and IC Markets offer communication in.
How Many Clients Do Ayrex and IC Markets Have?
Both Ayrex and IC Markets are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many users Ayrex and IC Markets are working with
Broker | Ayrex | IC Markets |
---|---|---|
Clients / Users | 10,000+ | 60,000+ |
Find Out More |
|
|
What Payment Methods Do Ayrex and IC Markets Accept?
Ayrex and IC Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Ayrex and IC Markets
Broker | Ayrex | IC Markets |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | No |
Neteller | No | Yes |
Find Out More |
|
|
What Can You Trade With Ayrex and IC Markets?
Ayrex offers 40 trading instruments whilst IC Markets offers 232.
Below you will find a full breakdown of what both Ayrex and IC Markets offer.
Ayrex Review
Ayrex vs IC Markets:
Table Of Contents
- Compare Ayrex vs IC Markets
- Benefits of Ayrex and IC Markets Compared
- IC Markets and Ayrex Mobile App Comparison
- Ayrex vs IC Markets - Awards
- Ayrex vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or Ayrex
- Ayrex vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Ayrex And IC Markets
- What Languages Do Ayrex And IC Markets Support?
- How Many Clients Do Ayrex and IC Markets Have?
- What Payment Methods Do Ayrex and IC Markets Accept?
- What Can You Trade With Ayrex and IC Markets?