IC Markets vs AxiTrader, Who's The Best?

Compare IC Markets vs AxiTrader

Every platforms for online trading has certain advantages and disadvantages, so a complete review of IC Markets and AxiTrader would not be regarded as thorough without having a fair assessment.

Compare AxiTrader and IC Markets in order to understand just how they compare against each other prior to you decide to open an account. A comprehensive comparison will place factors into perspective so that you are cognizant of what to expect.

So you are looking for a broker and are choosing between IC Markets or AxiTrader. Who is better in 2023?

Our IC Markets vs AxiTrader comparison contains the most recent information so you can easily compare AxiTrader against IC Markets.

If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to choose the ideal agent who'll be clear with you always.

In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and AxiTrader are two such companies which will take you and your investment to great heights. It's crucial that you compare IC Markets vs AxiTrader until you trust them with your cash.

Our IC Markets vs AxiTrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and AxiTrader side by side.

Our full IC Markets vs AxiTrader Review covers everything you will need to know about trading with either IC Markets or AxiTrader. A good broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your agent 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 set your investments in danger.

IC Markets and AxiTrader are both brokers that have forged their way successfully to the broker world. In this review, we've attempted to collate a number of the important aspects of both IC Markets and AxiTrader. This review can help you to know whether either AxiTrader or IC Markets is a good match for your investments or not. We've tried to breakdown all of the features and fees for your advantage.

Benefits of IC Markets and AxiTrader Compared

IC Markets offers a minimum deposit of $200 while AxiTrader offers a $0 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and AxiTrader 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 AxiTrader has around 232 available.

The more instruments you can trade on the IC Markets and AxiTrader 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 AxiTrader.

IC Markets and AxiTrader Contact Details

Being able to contact your broker easily is important. IC Markets and AxiTrader have the following contact details and social medias that you can use.

AxiTrader 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 AxiTrader we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate 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

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 AxiTrader - Awards

IC Markets vs AxiTrader - Frequently Asked Questions

IC Markets vs AxiTrader - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its headquaters in Australia.

AxiTrader was founded in 2007 and has its head office in Australia.

What is the minimum deposit for AxiTrader or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for AxiTrader is $0.

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 AxiTrader are a good choice.

IC Markets vs AxiTrader - 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).

AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).

Both IC Markets and AxiTrader have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

In accordance with their individual privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs AxiTrader Commission And Fees

IC Markets and AxiTrader are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the number of customers they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of penalties for this objective.

The first sort of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you are spending a spread, financing rate, or even a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are charged when you hold a leveraged position for more than a day.

Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities 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 AxiTrader charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.

However, non-trading fees charged by IC Markets and AxiTrader are relatively higher. Consequently, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.

This IC Markets vs AxiTrader review for 2023 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And AxiTrader

What Languages Do IC Markets And AxiTrader Support?

Being able to communicate completely with your online broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Here you can find all the languages that both IC Markets and AxiTrader offer communication in.

How Many Clients Do IC Markets and AxiTrader Have?

Both IC Markets and AxiTrader are well established with their client base. It is really important to work with an online 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 AxiTrader have

What Payment Methods Do IC Markets and AxiTrader Accept?

IC Markets and AxiTrader 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 AxiTrader

What Can You Trade With IC Markets and AxiTrader?

IC Markets offers 232 trading instruments and AxiTrader offers 100.

Below you will find a full breakdown of what both IC Markets and AxiTrader offer.