IC Markets vs Binary Mate, for 2025

Compare IC Markets vs Binary Mate

Each online trading platforms feature certain ups and downs, so a complete review of IC Markets and Binary Mate cannnot be complete without adopting an objective perspective.

Compare Binary Mate and IC Markets to understand just how they line up to each prior to you decide to open an account. A comprehensive comparison helps to bring aspects into perspective so that you remain aware of what to expect.

So you are looking for a reputable broker and are choosing between IC Markets or Binary Mate. Who is better in 2025?

Our IC Markets vs Binary Mate comparison contains the most recent information so you can easily compare Binary Mate against IC Markets.

If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire adept at all the concepts of broker since you continue trading. For starters, you have to select the ideal broker who will be transparent with you always.

In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Binary Mate are just two such platforms that will take you along with your investment into great heights. It's crucial to compare IC Markets vs Binary Mate before you trust them with your cash.

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

Our entire IC Markets vs Binary Mate Review covers all you need to know about trading using either IC Markets or Binary Mate. A good agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.

There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you choose them. It is a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.

IC Markets and Binary Mate are both brokers that have paved their way successfully into the broker world. Within this review, we have tried to collate some of the vital facets of both IC Markets and Binary Mate. This review will help you to know whether either Binary Mate or IC Markets is a fantastic match for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.

Benefits of IC Markets and Binary Mate Compared

IC Markets has a minimum deposit of $200 while Binary Mate has a $1000 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Binary Mate 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 while Binary Mate has around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and Binary Mate 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 Binary Mate.

IC Markets and Binary Mate Contact Details

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

Binary Mate 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 Binary Mate 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 average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

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 Binary Mate - Awards

IC Markets vs Binary Mate - Frequently Asked Questions

IC Markets vs Binary Mate - Headquarters And Year Of Founding

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

Binary Mate was founded in 2013 and has its headquaters in Malaysia.

What is the minimum deposit for Binary Mate or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Binary Mate is $1000.

Depending on your needs, 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 Binary Mate are a good choice.

IC Markets vs Binary Mate - 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).

Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both IC Markets and Binary Mate have a strong set of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs Binary Mate Commission And Fees

IC Markets and Binary Mate are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of clients they have.

But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this objective.

The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you are spending a spread, funding rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for more than a day.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or Binary Mate charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, such as weekly or daily trading.

But, non-trading fees charged by IC Markets and Binary Mate are relatively lower. As a result, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.

This IC Markets vs Binary Mate review for 2025 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For IC Markets And Binary Mate

What Languages Do IC Markets And Binary Mate Support?

Being able to talk easily with your online broker is a key way of comparing online brokers to find your perfect trading partner. 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.

Here you will find the languages that both IC Markets and Binary Mate offer communication in.

How Many Clients Do IC Markets and Binary Mate Have?

Both IC Markets and Binary Mate are well established with their customer base. It is important to work with an online broker you can trust and one of the easiest 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 Binary Mate have

What Payment Methods Do IC Markets and Binary Mate Accept?

IC Markets and Binary Mate 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 Binary Mate

What Can You Trade With IC Markets and Binary Mate?

IC Markets offers 232 trading instruments whilst Binary Mate offers 54.

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