IC Markets vs AxiTrader, Who's Better?
Read our In-Depth IC Markets vs AxiTrader Review - 2022 Update
This IC Markets vs AxiTrader review has been updated for 2022 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 AxiTrader review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
AxiTrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for an online trading platform and are choosing between IC Markets or AxiTrader. Which one is best in 2022?
Our IC Markets vs AxiTrader review contains the most recent information so you can easily compare AxiTrader against IC Markets.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all of the concepts of broker since 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 advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and AxiTrader are two such platforms that will take you and your investment into great heights. It's crucial that you compare IC Markets vs AxiTrader until you trust them with your money.
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 using either IC Markets or AxiTrader. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and AxiTrader are both brokers that have paved their way successfully into the brokerage world. In this review, we've tried to collate a number of the important facets of both IC Markets and AxiTrader. This review will allow you to know whether either AxiTrader or IC Markets is a fantastic fit for your own investments or not. We've tried to breakdown all of the features and fees for your advantage.
Compare IC Markets vs AxiTrader
Every online trading system will have a few ups and downs, and no IC Markets and AxiTrader review would be complete without showing both sides. Compare IC Markets and AxiTrader to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and AxiTrader Compared
IC Markets has 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 while AxiTrader allows you to trade around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and AxiTrader 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 an online trading platform through many ways is vital. IC Markets and AxiTrader have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76||+61 2 9965 5830|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000||36 - 38 Leadenhall St, London, Greater London EC3A 1AT|
|IC Markets Twitter Account||AxiTrader Twitter Account|
|IC Markets Facebook Page||AxiTrader Facebook Page|
|IC Markets Instagram Account||AxiTrader Instagram Account|
|IC Markets LinkedIn Page||AxiTrader LinkedIn Page|
|YouTube||IC Markets YouTube Channel||AxiTrader YouTube Channel|
|Find Out More||
AxiTrader 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.
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
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 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 AxiTrader - Awards
IC Markets have won numerous industry awards over the time they have been running as a financial broker. We list the most recognised awards for IC Markets below.
AxiTrader have won many industry awards over the time they have been operating as an online trading platform. We detail the most recognised awards for AxiTrader below.
|Find Out More||
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 head office 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 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 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 honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, client information is never to 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 brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain 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 on your accounts. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither IC Markets or AxiTrader charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by IC Markets and AxiTrader are relatively competitive. Consequently, you're charged 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 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And AxiTrader
What Languages Do IC Markets And AxiTrader Support?
Being able to chat completely with your trading platform is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website 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 support.
How Many Clients Do IC Markets and AxiTrader Have?
Both IC Markets and AxiTrader are well known and trusted. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users IC Markets and AxiTrader are active on their platform
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.
Compare IC Markets To All Other Brokers
Compare AxiTrader To All Other Brokers
IC Markets Review
IC Markets vs AxiTrader:
Table Of Contents
- Compare IC Markets vs AxiTrader
- Benefits of IC Markets and AxiTrader Compared
- AxiTrader and IC Markets Mobile App Comparison
- IC Markets vs AxiTrader - Awards
- IC Markets vs AxiTrader - Frequently Asked Questions
- What is the minimum deposit for AxiTrader or IC Markets
- IC Markets vs AxiTrader - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And AxiTrader
- What Languages Do IC Markets And AxiTrader Support?
- How Many Clients Do IC Markets and AxiTrader Have?
- What Payment Methods Do IC Markets and AxiTrader Accept?
- What Can You Trade With IC Markets and AxiTrader?