IC Markets vs Admiral Markets, for 2023
Read our In-Depth IC Markets vs Admiral Markets Review - 2023 Update
Our IC Markets vs Admiral Markets review has been revised for 2023 from seasoned professionals with years of financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Admiral Markets does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Admiral Markets Excluded Countries
United States of America,
Compare IC Markets vs Admiral Markets
Each online trading platforms feature certain advantages and disadvantages, and a complete IC Markets and Admiral Markets review would not be complete without embracing a balanced approach.
Examine IC Markets and Admiral Markets to understand how they compare against each prior to you decide to make an account. A comprehensive comparison helps to put things into perspective in order that you are informed about what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or Admiral Markets. Who should you choose?
This IC Markets vs Admiral Markets comparison contains the most recent information so you can easily compare Admiral Markets against IC Markets.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll get adept at all the concepts of broker since you keep trading. For starters, you have to choose the right broker who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and Admiral Markets are two such companies which will take you along with your investment to great heights. It is important to compare IC Markets vs Admiral Markets before you trust them with your cash.
Our IC Markets vs Admiral Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Admiral Markets side by side.
Our full IC Markets vs Admiral Markets Review covers everything you will need to learn about trading with either IC Markets or Admiral Markets. A good agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and Admiral Markets are both brokers that have found their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital facets of both IC Markets and Admiral Markets. This review will help you to know whether either Admiral Markets or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of IC Markets and Admiral Markets Compared
IC Markets offers a minimum deposit of $200 while Admiral Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Admiral 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.
IC Markets allows you to trade around 232 financial instruments whilst Admiral Markets allows you to trade around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and Admiral 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or Admiral Markets.
IC Markets and Admiral Markets Contact Details
Being able to contact a broker simply is important. IC Markets and Admiral Markets have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | IC Markets | Admiral Markets |
Telephone Number | +248 467 19 76 | +44 207 726 4003 |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 16 St. Clare St, London, Greater London EC3N 1LQ, GB |
IC Markets Twitter Account | Admiral Markets Twitter Account | |
IC Markets Facebook Page | Admiral Markets Facebook Page | |
IC Markets Instagram Account | Admiral Markets Instagram Account | |
IC Markets LinkedIn Page | Admiral Markets LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Admiral Markets YouTube Channel |
Find Out More |
|
|
Admiral Markets 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 Admiral Markets 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 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. 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 Admiral Markets - Awards
|
||
---|---|---|
Broker | IC Markets | Admiral Markets |
Awards |
IC Markets have won numerous industry awards over the years they have been running as an online broker. We list the most notable awards for IC Markets below.
|
At the time of writing this Admiral Markets review, and despite Admiral Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
IC Markets vs Admiral Markets - Frequently Asked Questions
IC Markets vs Admiral Markets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Admiral Markets was founded in 2001 and has its head office in UK.
What is the minimum deposit for Admiral Markets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Admiral 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 IC Markets and Admiral Markets are a good option.
IC Markets vs Admiral Markets - 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).
Admiral Markets is regulated by Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026.
Both IC Markets and Admiral Markets have a powerful collection of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Admiral Markets Commission And Fees
IC Markets and Admiral Markets are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of penalties for this purpose.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you are paying a spread, financing rate, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Admiral Markets charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and Admiral Markets are relatively lower. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs Admiral Markets review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Admiral Markets
What Languages Do IC Markets And Admiral Markets Support?
Being able to communicate easily with your trading broker is a key way of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both IC Markets and Admiral Markets offer communication in.
How Many Clients Do IC Markets and Admiral Markets Have?
Both IC Markets and Admiral Markets are well established with their customer base. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users IC Markets and Admiral Markets have
What Payment Methods Do IC Markets and Admiral Markets Accept?
IC Markets and Admiral 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 IC Markets and Admiral Markets
What Can You Trade With IC Markets and Admiral Markets?
IC Markets offers 232 trading instruments whilst Admiral Markets offers 148.
Below you will find a full breakdown of what both IC Markets and Admiral Markets offer.
IC Markets Review
IC Markets vs Admiral Markets:
Table Of Contents
- Compare IC Markets vs Admiral Markets
- Benefits of IC Markets and Admiral Markets Compared
- Admiral Markets and IC Markets Mobile App Comparison
- IC Markets vs Admiral Markets - Awards
- IC Markets vs Admiral Markets - Frequently Asked Questions
- What is the minimum deposit for Admiral Markets or IC Markets
- IC Markets vs Admiral Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Admiral Markets
- What Languages Do IC Markets And Admiral Markets Support?
- How Many Clients Do IC Markets and Admiral Markets Have?
- What Payment Methods Do IC Markets and Admiral Markets Accept?
- What Can You Trade With IC Markets and Admiral Markets?