IC Markets vs ATFX, Who's The Best?
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IC Markets Rating
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ATFX Rating
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Losses can exceed deposits |
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IC Markets vs ATFX Guide |
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Read our In-Depth IC Markets vs ATFX Review - for 2023
This IC Markets vs ATFX 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 ATFX review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
ATFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs ATFX
Every online trading platform has a few pros and cons, and no IC Markets and ATFX review would be complete without showing both sides. Compare IC Markets and ATFX to understand how they line 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 ATFX. Who should you choose?
Our IC Markets vs ATFX comparison contains the latest information so you can easily compare ATFX against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the right agent who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and ATFX are two such stages which will take you and your investment into great heights. It's crucial to compare IC Markets vs ATFX until you trust them with your money.
Our IC Markets vs ATFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and ATFX side by side.
Our full IC Markets vs ATFX Review covers everything you need to learn about trading with either IC Markets or ATFX. A fantastic agent can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; thus, you should carefully assess your agent before you choose them. It's a common misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and ATFX are both brokers which have forged their way successfully into the brokerage world. In this review, we have attempted to collate some of the vital facets of both IC Markets and ATFX. This review will allow you to understand whether either ATFX or IC Markets is a good match for your own investments or not. We've attempted to breakdown all the features and charges for your convenience.
Benefits of IC Markets and ATFX Compared
IC Markets offers a minimum deposit of $200 while ATFX offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and ATFX 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 ATFX has around 232 on their platform.
The more financial instruments you can trade on the IC Markets and ATFX 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 ATFX.
IC Markets and ATFX Contact Details
Being able to contact a broker simply is important. IC Markets and ATFX have the following contact details and social medias that you can use.
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| Broker | IC Markets | ATFX |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | ATFX Twitter Account | |
| IC Markets Facebook Page | ATFX Facebook Page | |
| IC Markets Instagram Account | ATFX Instagram Account | |
| IC Markets LinkedIn Page | ATFX LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | ATFX YouTube Channel |
| Find Out More |
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ATFX 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.
In this part of our comparison of IC Markets and ATFX we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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
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 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?
IC Markets vs ATFX - Awards
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| Broker | IC Markets | ATFX |
| Awards |
IC Markets have won several industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for IC Markets here.
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At the time of writing this ATFX review, and despite ATFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs ATFX - Frequently Asked Questions
IC Markets vs ATFX - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
ATFX was founded in 2014 and has its headquaters in Cyprus.
What is the minimum deposit for ATFX or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for ATFX is $100.
Depending on your needs, 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 ATFX are a good choice.
IC Markets vs ATFX - 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).
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both IC Markets and ATFX have a strong set of rules for ensuring honest trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs ATFX Commission And Fees
IC Markets and ATFX are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people that are charged when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake on your account. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or ATFX charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees charged by IC Markets and ATFX are comparatively lower. As a result, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This IC Markets vs ATFX review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And ATFX
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| Broker | IC Markets | ATFX |
| Minimum Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
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What Languages Do IC Markets And ATFX Support?
Being able to communicate easily with your trading platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both IC Markets and ATFX support.
How Many Clients Do IC Markets and ATFX Have?
Both IC Markets and ATFX are well established with their customer base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users IC Markets and ATFX have
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| Broker | IC Markets | ATFX |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and ATFX Accept?
IC Markets and ATFX 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 ATFX
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| Broker | IC Markets | ATFX |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
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What Can You Trade With IC Markets and ATFX?
IC Markets offers 232 trading instruments and ATFX offers 57.
Below you will find a full breakdown of what both IC Markets and ATFX offer.
Compare IC Markets To All Other Brokers
Compare ATFX To All Other Brokers