IC Markets vs Advanced Global Markets, Updated for 2023
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IC Markets Rating
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Advanced Global Markets Rating
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IC Markets vs Advanced Global Markets Guide |
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Read our In-Depth IC Markets vs Advanced Global Markets Review - for 2023
This IC Markets vs Advanced Global Markets 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 Advanced Global Markets review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Advanced Global Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Advanced Global Markets
Every online trading system will have some pros and cons, and no IC Markets and Advanced Global Markets review would be complete without having a balanced approach. Compare IC Markets and Advanced Global Markets 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 broker and are choosing between IC Markets or Advanced Global Markets. Who is better in 2023?
Our IC Markets vs Advanced Global Markets comparison contains the most recent information so you can easily compare Advanced Global Markets against IC Markets.
If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will get proficient at all the concepts of brokerage as you keep trading. For starters, you have to select the ideal agent who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Advanced Global Markets are just two such trading platforms which will take you along with your investment to great heights. It is important that you compare IC Markets vs Advanced Global Markets until you trust them with your money.
Our IC Markets vs Advanced Global Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Advanced Global Markets side by side.
Our full IC Markets vs Advanced Global Markets Review covers everything you need to learn about trading with either IC Markets or Advanced Global Markets. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It is a common misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and Advanced Global Markets are both brokers that have paved their way successfully into the broker world. In this review, we've attempted to collate some of the important aspects of both IC Markets and Advanced Global Markets. This review can help you to understand whether either Advanced Global Markets or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Benefits of IC Markets and Advanced Global Markets Compared
IC Markets has a minimum deposit of $200 while Advanced Global Markets has a $500 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Advanced Global 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 Advanced Global Markets has around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and Advanced Global 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 Advanced Global Markets.
IC Markets and Advanced Global Markets Contact Details
Being able to contact your broker easily is a sign of a professional broker. IC Markets and Advanced Global Markets have the following contact details and social medias that you can use.
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| Broker | IC Markets | Advanced Global Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Advanced Global Markets Twitter Account | |
| IC Markets Facebook Page | Advanced Global Markets Facebook Page | |
| IC Markets Instagram Account | Advanced Global Markets Instagram Account | |
| IC Markets LinkedIn Page | Advanced Global Markets LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Advanced Global Markets YouTube Channel |
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Advanced Global Markets 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.
This part of comparing IC Markets and Advanced Global Markets will examine whether their mobile app meets all our requirements.
Overall, we rate 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 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 Advanced Global Markets - Awards
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| Broker | IC Markets | Advanced Global Markets |
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IC Markets have won numerous industry awards over the time they have been running as an online broker. We show the most recognised awards for IC Markets here.
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At the time of writing this Advanced Global Markets review, and despite Advanced Global Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Advanced Global Markets - Frequently Asked Questions
IC Markets vs Advanced Global Markets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Advanced Global Markets was founded in 1992 and has its head office in Cyprus.
What is the minimum deposit for Advanced Global Markets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Advanced Global Markets is $500.
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 Advanced Global Markets are a good option.
IC Markets vs Advanced Global 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).
Advanced Global Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both IC Markets and Advanced Global Markets have a powerful set of rules for ensuring honest trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Advanced Global Markets Commission And Fees
IC Markets and Advanced Global Markets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those who are charged when you maintain a leveraged position for longer than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither IC Markets or Advanced Global Markets 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 amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and Advanced Global Markets are relatively greater. Consequently, you're charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of resources.
This IC Markets vs Advanced Global Markets review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Advanced Global Markets
What Languages Do IC Markets And Advanced Global Markets Support?
Being able to communicate easily with your online platform is a key part of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both IC Markets and Advanced Global Markets offer communication in.
How Many Clients Do IC Markets and Advanced Global Markets Have?
Both IC Markets and Advanced Global Markets are well known and trusted. It is really important to work with an online 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 Advanced Global Markets have
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| Broker | IC Markets | Advanced Global Markets |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Advanced Global Markets Accept?
IC Markets and Advanced Global 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 Advanced Global Markets
What Can You Trade With IC Markets and Advanced Global Markets?
IC Markets offers 232 trading instruments while Advanced Global Markets offers 25.
Below you will find a full breakdown of what both IC Markets and Advanced Global Markets offer.
Compare IC Markets To All Other Brokers
Compare Advanced Global Markets To All Other Brokers