IC Markets vs Alvexo, for 2025
Read our In-Depth IC Markets vs Alvexo Review - for 2025
Our IC Markets vs Alvexo review has been refreshed to reflect any changes for 2025 from knowledgeable insiders boasting considerable expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Alvexo does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Alvexo Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Alvexo
Each platforms for online trading has a few advantages and disadvantages, and any comprehensive IC Markets and Alvexo review would not be regarded as thorough without adopting an objective perspective.
Compare IC Markets and Alvexo in order to understand just how they compare with each prior to you decide to create an account. Performing a side-by-side comparison can put things into perspective so that you remain informed about what to expect.
So you are looking for a broker and are choosing between IC Markets or Alvexo. Who should you choose?
This IC Markets vs Alvexo comparison contains the most recent information so you can easily compare Alvexo against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will get adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and Alvexo are just two such trading platforms which will take you along with your investment into great heights. It is important that you compare IC Markets vs Alvexo before you trust them with your money.
Our IC Markets vs Alvexo comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Alvexo side by side.
Our entire IC Markets vs Alvexo Review covers all you need to learn about trading with either IC Markets or Alvexo. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you select them. It's a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Alvexo are both brokers that have found their way successfully into the broker world. Within this review, we've tried to collate some of the vital aspects of both IC Markets and Alvexo. This review can help you to know whether either Alvexo or IC Markets is a fantastic fit for your investments or not. We've tried to breakdown all of the qualities and charges for your convenience.
Benefits of IC Markets and Alvexo Compared
IC Markets has a minimum deposit of $200 while Alvexo offers a $500 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Alvexo 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 Alvexo allows you to trade around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Alvexo 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 Alvexo.
IC Markets and Alvexo Contact Details
Being able to contact a broker through many ways is vital. IC Markets and Alvexo have the following contact details and social medias that you can use.
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Broker | IC Markets | Alvexo |
Telephone Number | +248 467 19 76 | +357 25 030937 |
support@icmarkets.com | support@alvexo.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | HIS Building, Office 5, Providence, Mahe, Seychelles |
IC Markets Twitter Account | Alvexo Twitter Account | |
IC Markets Facebook Page | Alvexo Facebook Page | |
IC Markets Instagram Account | Alvexo Instagram Account | |
IC Markets LinkedIn Page | Alvexo LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Alvexo YouTube Channel |
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Alvexo 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 Alvexo 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 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 Alvexo - Awards
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Broker | IC Markets | Alvexo |
Awards |
IC Markets have won many industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for IC Markets here.
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At the time of writing this Alvexo review, and despite Alvexo’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs Alvexo - Frequently Asked Questions
IC Markets vs Alvexo - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Alvexo was founded in 2014 and has its head office in Cyprus.
What is the minimum deposit for Alvexo or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Alvexo is $500.
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 Alvexo are a good option.
IC Markets vs Alvexo - 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).
Alvexo is regulated by Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activities, Financial Services Authority of Seychelles with License Number SD030.
Both IC Markets and Alvexo have a strong collection of rules for ensuring fair trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Alvexo Commission And Fees
IC Markets and Alvexo are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an online 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 a variety of services to make money. There are primarily three different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or Alvexo charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and Alvexo are comparatively greater. Consequently, you're charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This IC Markets vs Alvexo review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Alvexo
What Languages Do IC Markets And Alvexo Support?
Being able to communicate completely with your online broker is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure 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 Alvexo support.
How Many Clients Do IC Markets and Alvexo Have?
Both IC Markets and Alvexo are well known and trusted. It is important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients IC Markets and Alvexo have
What Payment Methods Do IC Markets and Alvexo Accept?
IC Markets and Alvexo 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 Alvexo
What Can You Trade With IC Markets and Alvexo?
IC Markets offers 232 trading instruments and Alvexo offers 34.
Below you will find a full breakdown of what both IC Markets and Alvexo offer.
IC Markets Review
IC Markets vs Alvexo:
Table Of Contents
- Compare IC Markets vs Alvexo
- Benefits of IC Markets and Alvexo Compared
- Alvexo and IC Markets Mobile App Comparison
- IC Markets vs Alvexo - Awards
- IC Markets vs Alvexo - Frequently Asked Questions
- What is the minimum deposit for Alvexo or IC Markets
- IC Markets vs Alvexo - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Alvexo
- What Languages Do IC Markets And Alvexo Support?
- How Many Clients Do IC Markets and Alvexo Have?
- What Payment Methods Do IC Markets and Alvexo Accept?
- What Can You Trade With IC Markets and Alvexo?