IC Markets vs BCS Forex, Who's Better?

Compare IC Markets vs BCS Forex

Each online trading platforms has certain ups and downs, and a complete IC Markets and BCS Forex review would not be complete without adopting a balanced approach.

Compare BCS Forex and IC Markets in order to understand just how these platforms line up to each other prior to you make an account. A comprehensive comparison will bring aspects in perspective in order that you remain cognizant of what you should anticipate.

So you are looking for a professional broker and are choosing between IC Markets or BCS Forex. Who should you choose?

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

If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who'll be transparent with you constantly.

In this fast-paced universe 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 BCS Forex are two such platforms which will take you along with your investment into great heights. It is crucial to compare IC Markets vs BCS Forex until you trust them with your money.

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

Our entire IC Markets vs BCS Forex Review covers all you need to know about trading with either IC Markets or BCS Forex. A good broker can multiply your first investments and provide you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment objectives.

There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your agent before you choose them. It is a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.

IC Markets and BCS Forex are both brokers which have paved their way successfully to the broker world. Within this review, we have tried to collate a number of the vital facets of both IC Markets and BCS Forex. This review can allow you to know whether either BCS Forex or IC Markets is a good fit for your own investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.

Benefits of IC Markets and BCS Forex Compared

IC Markets offers a minimum deposit of $200 while BCS Forex offers a $100 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and BCS Forex 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 BCS Forex has around 232 on their platform.

The more financial instruments you can trade on the IC Markets and BCS Forex 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 seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or BCS Forex.

IC Markets and BCS Forex Contact Details

Being able to contact a broker simply is vital. IC Markets and BCS Forex have the following contact details and social medias that you can use.

BCS Forex 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 BCS Forex 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 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. 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 BCS Forex - Awards

IC Markets vs BCS Forex - Frequently Asked Questions

IC Markets vs BCS Forex - Headquarters And Year Of Founding

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

BCS Forex was founded in 2016 and has its head office in Cyprus.

What is the minimum deposit for BCS Forex or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for BCS Forex is $100.

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 BCS Forex are a good option.

IC Markets vs BCS Forex - 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).

BCS Forex is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both IC Markets and BCS Forex have a strong collection of rules for ensuring fair trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs BCS Forex Commission And Fees

IC Markets and BCS Forex are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.

However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of fees for this purpose.

The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are spending a spread, funding rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for longer than daily.

Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your account. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.

Generally, neither IC Markets or BCS Forex charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly trade, such as daily or weekly trading.

However, non-trading fees billed by IC Markets and BCS Forex are comparatively higher. Consequently, you're charged more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of resources.

This IC Markets vs BCS Forex review for 2025 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And BCS Forex

What Languages Do IC Markets And BCS Forex Support?

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

Here you can find the languages that both IC Markets and BCS Forex support.

How Many Clients Do IC Markets and BCS Forex Have?

Both IC Markets and BCS Forex are well known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers they already work with.

Below you will find details of how many users IC Markets and BCS Forex are working with

What Payment Methods Do IC Markets and BCS Forex Accept?

IC Markets and BCS Forex 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 BCS Forex

What Can You Trade With IC Markets and BCS Forex?

IC Markets offers 232 trading instruments and BCS Forex offers 46.

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