IC Markets vs AxiTrader, for 2024

Compare IC Markets vs AxiTrader

Every trading platforms feature some ups and downs, and a complete IC Markets and AxiTrader review would not be regarded as thorough without adopting a balanced approach.

Compare AxiTrader and IC Markets in order to understand the way they compare with one another prior to you open an account. A comprehensive comparison will put things into perspective in order that you remain cognizant of what you should anticipate.

So you are looking for a reputable broker and are choosing between IC Markets or AxiTrader. Which one is best in 2024?

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

If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you have to select the right broker who'll be clear with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and AxiTrader are just two such platforms that will take you and your investment into great heights. It is crucial to 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 all you will need to learn about trading with either IC Markets or AxiTrader. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment objectives.

There is no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It is a common misconception that all brokers are 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 found their way successfully to the broker world. In this review, we've tried to collate some of the vital facets of both IC Markets and AxiTrader. This review can allow you to know whether either AxiTrader or IC Markets is a good match for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.

Benefits of IC Markets and AxiTrader Compared

IC Markets has a minimum deposit of $200 while AxiTrader has 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 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 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 simply is a sign of a professional broker. IC Markets and AxiTrader have the following contact details and social medias that you can use.

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.

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 the apps as better than 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 head office in Australia.

AxiTrader was founded in 2007 and has its headquaters 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 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 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 set of rules for ensuring honest trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

As per their own privacy policies, customer 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 most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.

But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.

The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you're paying a spread, financing rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are those who are charged when you maintain a leveraged position for more than a day.

Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for surgeries like depositing cash, not investing for long periods, or withdrawals.

In general, neither IC Markets or AxiTrader charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often trade, for example weekly or daily trading.

But, non-trading fees charged by IC Markets and AxiTrader are comparatively competitive. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the sale and purchase 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 talk completely with your trading broker is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading online.

Below 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 established with their client base. It is important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many users 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 while AxiTrader offers 100.

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