IC Markets vs Ayondo, Updated for 2023

Compare IC Markets vs Ayondo

Each platforms for online trading will have certain ups and downs, and a complete IC Markets and Ayondo review would not be complete without adopting a balanced approach.

Examine Ayondo and IC Markets in order to understand the way these platforms compare to each prior to you make an account. Performing a comprehensive comparison can put things into perspective so that you remain informed about what to expect.

So you are looking for an online trading platform and are choosing between IC Markets or Ayondo. Who is better in 2023?

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

If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you need to choose the right agent who will be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and Ayondo are just two such platforms that will take you and your investment into great heights. It's important that you compare IC Markets vs Ayondo before you trust them with your money.

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

Our full IC Markets vs Ayondo Review covers everything you will need to learn about trading with either IC Markets or Ayondo. A good broker can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It's a common misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.

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

Benefits of IC Markets and Ayondo Compared

IC Markets has a minimum deposit of $200 while Ayondo offers a $1 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Ayondo 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 has around 232 financial instruments whilst Ayondo allows you to trade around 232 on their platform.

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

IC Markets and Ayondo Contact Details

Being able to contact your broker simply is a sign of a professional broker. IC Markets and Ayondo have the following contact details and social medias that you can use.

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

We rate overall the user-friendliness of both 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

While most brokers are good at this, there are some poor ones. 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 Ayondo - Awards

IC Markets vs Ayondo - Frequently Asked Questions

IC Markets vs Ayondo - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its head office in Australia.

Ayondo was founded in 2008 and has its headquaters in London.

What is the minimum deposit for Ayondo or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Ayondo is $1.

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 Ayondo are a good option.

IC Markets vs Ayondo - 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).

Ayondo is regulated by Financial Conduct Authority (FCA).

Both IC Markets and Ayondo have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs Ayondo Commission And Fees

IC Markets and Ayondo are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the amount of clients they have.

However, this doesn't 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 3 different types of fees for this purpose.

The first sort of charges to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you are paying a spread, financing rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are those who are billed when you hold a leveraged position for more than a day.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or Ayondo charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees charged by IC Markets and Ayondo are comparatively higher. As a result, you are billed more for non-trading activities on your trading account, like withdrawal and deposits. These are not related to the sale and purchase of resources.

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

Compare Broker Fees For IC Markets And Ayondo

What Languages Do IC Markets And Ayondo Support?

Being able to talk completely with your online broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading forex.

Below you can find the languages that both IC Markets and Ayondo support.

How Many Clients Do IC Markets and Ayondo Have?

Both IC Markets and Ayondo 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 customers they already work with.

Below you will find details of how many customers IC Markets and Ayondo are working with

What Payment Methods Do IC Markets and Ayondo Accept?

IC Markets and Ayondo 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 Ayondo

What Can You Trade With IC Markets and Ayondo?

IC Markets offers 232 trading instruments and Ayondo offers 100.

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