IC Markets vs AxiTrader, Who's Better?
Read our In-Depth IC Markets vs AxiTrader Review - for 2024
Our IC Markets vs AxiTrader review has been refreshed to reflect any changes for 2024 from industry experts with significant expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs AxiTrader 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.
Compare IC Markets vs AxiTrader
All online trading platforms will have some pros and cons, so any comprehensive IC Markets and AxiTrader review cannnot be regarded as thorough without having an objective perspective.
Assess IC Markets and AxiTrader to get a better understanding of the way these platforms stack up with each other before you make an account. A comparative analysis can place factors in perspective in order that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between IC Markets or AxiTrader. Which one is best in 2024?
Our IC Markets vs AxiTrader comparison contains the latest 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 confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
Within 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 generate hefty returns. IC Markets and AxiTrader are just two such platforms 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 entire IC Markets vs AxiTrader Review covers all you need to learn about trading using either IC Markets or AxiTrader. A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
IC Markets and AxiTrader are both brokers which have forged their way successfully to the broker world. Within this review, we have attempted to collate some of the important aspects of both IC Markets and AxiTrader. This review can help you to understand whether either AxiTrader or IC Markets is a good match for your own investments or not. We have attempted to breakdown all the features and fees for your convenience.
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 while AxiTrader allows you to trade around 232 available.
The more financial 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 an online trading platform simply is vital. IC Markets and AxiTrader have the following contact details and social medias that you can use.
|+248 467 19 76
|+61 2 9965 5830
|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
|IC Markets YouTube Channel
|AxiTrader YouTube Channel
|Find Out More
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.
This part of comparing IC Markets and AxiTrader will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
While most brokers are good at this, there are some poor ones. 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 a lot of industry awards over the years they have been running as an online trading platform. We list the most notable awards for IC Markets below.
AxiTrader have won many industry awards over the years they have been operating as an online trading platform. We detail the most recognised awards for AxiTrader here.
|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 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 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 strong set of rules for ensuring honest trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information 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 brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
However, this does not 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 primarily 3 different types of penalties for this objective.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you're paying a spread, financing speed, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates 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 determined by the actions you undertake on your accounts. They are charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or AxiTrader 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 sum. This is beneficial for people who often trade, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and AxiTrader are relatively higher. As a result, you are charged more for non-trading activities on your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This IC Markets vs AxiTrader review for 2024 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 communicate easily with your trading broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.
Below you will find 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 established with their client base. 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 customers IC Markets and AxiTrader are working with
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.
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?