Boston Merchant Financial vs IC Markets, 2026 Update
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Boston Merchant Financial Rating
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IC Markets Rating
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Losses can exceed deposits |
Losses can exceed deposits |
Boston Merchant Financial vs IC Markets Guide |
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Read our In-Depth Boston Merchant Financial vs IC Markets Review - 2026 Update
This comprehensive analysis of Boston Merchant Financial and IC Markets has been updated for 2026 by knowledgeable insiders boasting years of expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Boston Merchant Financial vs IC Markets does not apply to all countries as follows:
Boston Merchant Financial 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 Boston Merchant Financial vs IC Markets
Each online trading platforms will have some pros and cons, and a complete Boston Merchant Financial and IC Markets review would not be complete without adopting a balanced approach.
Assess IC Markets and Boston Merchant Financial to understand the way they stack up against each other before you make an account. A comprehensive comparison will put things in perspective so that you remain aware of what to expect.
So you are looking for an online trading platform and are choosing between Boston Merchant Financial or IC Markets. Which one is best in 2026?
Our Boston Merchant Financial vs IC Markets comparison contains the latest information so you can easily compare IC Markets against Boston Merchant Financial.
If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. Boston Merchant Financial and IC Markets are two such trading platforms which will take you and your investment into great heights. It is important to compare Boston Merchant Financial vs IC Markets until you trust them with your money.
Our Boston Merchant Financial vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Boston Merchant Financial and IC Markets side by side.
Our entire Boston Merchant Financial vs IC Markets Review covers everything you will need to learn about trading using either Boston Merchant Financial or IC Markets. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire way to ensure profits; thus, you should carefully assess your agent before you select them. It is a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Boston Merchant Financial and IC Markets are both brokers which have paved their way successfully into the broker world. In this review, we have tried to collate a number of the important aspects of both Boston Merchant Financial and IC Markets. This review will help you to know whether either IC Markets or Boston Merchant Financial is a fantastic match for your own investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of Boston Merchant Financial and IC Markets Compared
Boston Merchant Financial has a minimum deposit of $50 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how Boston Merchant Financial 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.
Boston Merchant Financial has around 100 financial instruments while IC Markets has around 100 financial instruments on their platform.
The more instruments you can trade on the Boston Merchant Financial and IC Markets trading 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 should never want to miss out on a trading opportunity due to the limitations of Boston Merchant Financial or IC Markets.
Boston Merchant Financial and IC Markets Contact Details
Being able to contact an online trading platform simply is vital. Boston Merchant Financial and IC Markets have the following contact details and social medias that you can use.
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| Broker | Boston Merchant Financial | IC Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| Boston Merchant Financial Twitter Account | IC Markets Twitter Account | |
| Boston Merchant Financial Facebook Page | IC Markets Facebook Page | |
| Boston Merchant Financial Instagram Account | IC Markets Instagram Account | |
| Boston Merchant Financial LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | Boston Merchant Financial YouTube Channel | IC Markets YouTube Channel |
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IC Markets and Boston Merchant Financial 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 Boston Merchant Financial 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 important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Boston Merchant Financial vs IC Markets - Awards
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| Broker | Boston Merchant Financial | IC Markets |
| Awards | At the time of writing this Boston Merchant Financial review, and despite Boston Merchant Financial’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won many industry awards over the years they have been running as an online trading platform. We list the most notable awards for IC Markets here.
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Boston Merchant Financial vs IC Markets - Frequently Asked Questions
Boston Merchant Financial vs IC Markets - Headquarters And Year Of Founding
Boston Merchant Financial was founded in 1988 and has its headquaters in Dubai.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or Boston Merchant Financial
The minimum deposit for Boston Merchant Financial is $50.
The minimum deposit for IC Markets is $200.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Boston Merchant Financial and IC Markets are a good choice.
Boston Merchant Financial vs IC Markets - Regulation And Licencing In More Detail
Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC).
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both Boston Merchant Financial and IC Markets have a strong set of rules for ensuring honest trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Boston Merchant Financial vs IC Markets Commission And Fees
Boston Merchant Financial and IC Markets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of fees for this purpose.
The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, financing rate, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your account. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither Boston Merchant Financial or IC Markets charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees billed by Boston Merchant Financial and IC Markets are relatively greater. Consequently, you are billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not about the purchase and sale of assets.
This Boston Merchant Financial vs IC Markets review for 2026 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Boston Merchant Financial And IC Markets
What Languages Do Boston Merchant Financial And IC Markets Support?
Being able to chat easily with your online platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both Boston Merchant Financial and IC Markets offer communication in.
How Many Clients Do Boston Merchant Financial and IC Markets Have?
Both Boston Merchant Financial and IC Markets are well established with their customer base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users Boston Merchant Financial and IC Markets have
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| Broker | Boston Merchant Financial | IC Markets |
| Clients / Users | 10,000+ | 60,000+ |
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What Payment Methods Do Boston Merchant Financial and IC Markets Accept?
Boston Merchant Financial 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 Boston Merchant Financial and IC Markets
What Can You Trade With Boston Merchant Financial and IC Markets?
Boston Merchant Financial offers 100 trading instruments whilst IC Markets offers 232.
Below you will find a full breakdown of what both Boston Merchant Financial and IC Markets offer.
Boston Merchant Financial Review
Boston Merchant Financial vs IC Markets:
Table Of Contents
- Compare Boston Merchant Financial vs IC Markets
- Benefits of Boston Merchant Financial and IC Markets Compared
- IC Markets and Boston Merchant Financial Mobile App Comparison
- Boston Merchant Financial vs IC Markets - Awards
- Boston Merchant Financial vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or Boston Merchant Financial
- Boston Merchant Financial vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Boston Merchant Financial And IC Markets
- What Languages Do Boston Merchant Financial And IC Markets Support?
- How Many Clients Do Boston Merchant Financial and IC Markets Have?
- What Payment Methods Do Boston Merchant Financial and IC Markets Accept?
- What Can You Trade With Boston Merchant Financial and IC Markets?

