IC Markets vs AB Forex, Who's The Best?

Compare IC Markets vs AB Forex

Every platforms for online trading has a few pros and cons, so any comprehensive IC Markets and AB Forex review would not be regarded as thorough without embracing a balanced approach.

Examine IC Markets and AB Forex to understand just how these platforms line up with each prior to you decide to open an account. Performing a comprehensive comparison can put things into perspective in order that you remain informed about what you should anticipate.

So you are looking for a reputable broker and are choosing between IC Markets or AB Forex. Who is better in 2024?

This IC Markets vs AB Forex comparison contains the most recent information so you can easily compare AB Forex against IC Markets.

If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire proficient at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who will be transparent with you always.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and AB Forex are two such companies which will take you along with your investment to great heights. It is crucial that you compare IC Markets vs AB Forex until you trust them with your cash.

Our IC Markets vs AB Forex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and AB Forex side by side.

Our entire IC Markets vs AB Forex Review covers all you will need to know about trading with either IC Markets or AB Forex. A fantastic agent can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.

IC Markets and AB Forex are both brokers that have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the important aspects of both IC Markets and AB Forex. This review will allow you to know whether either AB Forex or IC Markets is a fantastic match for your own investments or not. We have tried to breakdown all the qualities and fees for your convenience.

Benefits of IC Markets and AB Forex Compared

IC Markets has a minimum deposit of $200 while AB Forex has a $100 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and AB Forex 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.

IC Markets has around 232 financial instruments whilst AB Forex allows you to trade around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and AB Forex 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 IC Markets or AB Forex.

IC Markets and AB Forex Contact Details

Being able to contact your broker through many ways is vital. IC Markets and AB Forex have the following contact details and social medias that you can use.

AB Forex and IC Markets Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of IC Markets and AB Forex we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of the 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. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?

IC Markets vs AB Forex - Awards

IC Markets vs AB Forex - Frequently Asked Questions

IC Markets vs AB Forex - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its headquaters in Australia.

AB Forex was founded in 2003 and has its headquaters in STOCKHOLM.

What is the minimum deposit for AB Forex or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for AB Forex is $100.

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 IC Markets and AB Forex are a good option.

IC Markets vs AB Forex - Regulation And Licencing In More Detail

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

AB Forex is regulated by Unregulated.

AB Forex is unregulated but IC Markets has a strong collection of rules for ensuring honest trading on its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).

As per their own privacy regulation, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs AB Forex Commission And Fees

IC Markets and AB Forex are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the amount of clients they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of fees for this objective.

The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you're spending a spread, financing speed, or a commission. The sorts of trading charges and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are charged when you maintain a leveraged position for longer than daily.

Aside from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither IC Markets or AB Forex charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, such as weekly or daily trading.

But, non-trading fees billed by IC Markets and AB Forex are relatively lower. As a result, you're 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 IC Markets vs AB Forex review for 2024 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And AB Forex

What Languages Do IC Markets And AB Forex Support?

Being able to talk completely with your online platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.

Here you can find all the languages that both IC Markets and AB Forex support.

How Many Clients Do IC Markets and AB Forex Have?

Both IC Markets and AB Forex are well established with their client base. It is really important to work with a broker that is professional 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 IC Markets and AB Forex have

What Payment Methods Do IC Markets and AB Forex Accept?

IC Markets and AB Forex 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 IC Markets and AB Forex

What Can You Trade With IC Markets and AB Forex?

IC Markets offers 232 trading instruments while AB Forex offers 21.

Below you will find a full breakdown of what both IC Markets and AB Forex offer.