IC Markets vs AJ Bell, Updated for 2023
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IC Markets Rating
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AJ Bell Rating
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Losses can exceed deposits |
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IC Markets vs AJ Bell Guide |
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Read our In-Depth IC Markets vs AJ Bell Review - Updated for 2023
This IC Markets vs AJ Bell review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs AJ Bell review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
AJ Bell Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs AJ Bell
Every online trading system will have a few pros and cons, and no IC Markets and AJ Bell review would be complete without showing both sides. Compare IC Markets and AJ Bell to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between IC Markets or AJ Bell. Who should you choose?
This IC Markets vs AJ Bell comparison contains the latest information so you can easily compare AJ Bell against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get adept at all the concepts of broker since you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and AJ Bell are just two such companies that will take you and your investment into great heights. It is crucial that you compare IC Markets vs AJ Bell before you trust them with your cash.
Our IC Markets vs AJ Bell comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and AJ Bell side by side.
Our full IC Markets vs AJ Bell Review covers all you need to learn about trading with either IC Markets or AJ Bell. A good broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a common misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
IC Markets and AJ Bell are both brokers which have paved their way successfully into the brokerage world. Within this review, we have tried to collate some of the vital facets of both IC Markets and AJ Bell. This review will help you to know whether either AJ Bell or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all the features and fees for your advantage.
Benefits of IC Markets and AJ Bell Compared
IC Markets has a minimum deposit of $200 while AJ Bell offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and AJ Bell 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 allows you to trade around 232 financial instruments while AJ Bell has around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and AJ Bell 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or AJ Bell.
IC Markets and AJ Bell Contact Details
Being able to contact an online trading platform simply is important. IC Markets and AJ Bell have the following contact details and social medias that you can use.
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| Broker | IC Markets | AJ Bell |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | AJ Bell Twitter Account | |
| IC Markets Facebook Page | AJ Bell Facebook Page | |
| IC Markets Instagram Account | AJ Bell Instagram Account | |
| IC Markets LinkedIn Page | AJ Bell LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | AJ Bell YouTube Channel |
| Find Out More |
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AJ Bell and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing IC Markets and AJ Bell will examine whether their mobile app meets all our requirements.
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 AJ Bell - Awards
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| Broker | IC Markets | AJ Bell |
| Awards |
IC Markets have won a lot of industry awards over the years they have been operating as an online broker. We show the most recognised awards for IC Markets below.
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At the time of writing this AJ Bell review, and despite AJ Bell’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs AJ Bell - Frequently Asked Questions
IC Markets vs AJ Bell - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
AJ Bell was founded in 1997 and has its headquaters in UK.
What is the minimum deposit for AJ Bell or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for AJ Bell is $100.
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 IC Markets and AJ Bell are a good option.
IC Markets vs AJ Bell - 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).
AJ Bell is regulated by Central Bank of UAE.
Both IC Markets and AJ Bell have a powerful collection of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs AJ Bell Commission And Fees
IC Markets and AJ Bell are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're spending a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or AJ Bell charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example daily or weekly trading.
However, non-trading fees charged by IC Markets and AJ Bell are comparatively competitive. Consequently, you are billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't about the purchase and sale of assets.
This IC Markets vs AJ Bell review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And AJ Bell
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| Broker | IC Markets | AJ Bell |
| Minimum Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
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What Languages Do IC Markets And AJ Bell Support?
Being able to communicate easily with your online broker is a key part of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find the languages that both IC Markets and AJ Bell support.
How Many Clients Do IC Markets and AJ Bell Have?
Both IC Markets and AJ Bell are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users IC Markets and AJ Bell have
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| Broker | IC Markets | AJ Bell |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and AJ Bell Accept?
IC Markets and AJ Bell 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 AJ Bell
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| Broker | IC Markets | AJ Bell |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
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What Can You Trade With IC Markets and AJ Bell?
IC Markets offers 232 trading instruments while AJ Bell offers 28.
Below you will find a full breakdown of what both IC Markets and AJ Bell offer.
Compare IC Markets To All Other Brokers
Compare AJ Bell To All Other Brokers