IC Markets vs Boston Merchant Financial, Who's Better?

Compare IC Markets vs Boston Merchant Financial

Every trading platforms has some advantages and disadvantages, and any comprehensive review of IC Markets and Boston Merchant Financial cannnot be regarded as thorough without having a balanced approach.

Assess Boston Merchant Financial and IC Markets to get a better understanding of just how they line up to each other before you make an account. A comparative analysis helps to place factors into perspective to ensure that you are cognizant of what you should anticipate.

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

Our IC Markets vs Boston Merchant Financial comparison contains the most recent information so you can easily compare Boston Merchant Financial against IC Markets.

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

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

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

Our full IC Markets vs Boston Merchant Financial Review covers everything you need to know about trading with either IC Markets or Boston Merchant Financial. A good broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing goals.

There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.

IC Markets and Boston Merchant Financial are both brokers that have found their way successfully into the broker world. Within this review, we have tried to collate a number of the important aspects of both IC Markets and Boston Merchant Financial. This review will help you to understand whether either Boston Merchant Financial or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all of the qualities and charges for your convenience.

Benefits of IC Markets and Boston Merchant Financial Compared

IC Markets offers a minimum deposit of $200 while Boston Merchant Financial has a $50 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Boston Merchant Financial 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 Boston Merchant Financial has around 232 on their platform.

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

IC Markets and Boston Merchant Financial Contact Details

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

Boston Merchant Financial 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 Boston Merchant Financial will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of the 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

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 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 Boston Merchant Financial - Awards

IC Markets vs Boston Merchant Financial - Frequently Asked Questions

IC Markets vs Boston Merchant Financial - Headquarters And Year Of Founding

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

Boston Merchant Financial was founded in 1988 and has its head office in Dubai.

What is the minimum deposit for Boston Merchant Financial or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Boston Merchant Financial is $50.

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 Boston Merchant Financial are a good choice.

IC Markets vs Boston Merchant Financial - 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).

Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC).

Both IC Markets and Boston Merchant Financial have a strong set of rules for ensuring fair trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).

As per their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs Boston Merchant Financial Commission And Fees

IC Markets and Boston Merchant Financial are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.

But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this objective.

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

Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people who are billed when you hold a leveraged position for longer than daily.

Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, neither IC Markets or Boston Merchant Financial charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly trade, for example daily or weekly trading.

However, non-trading fees charged by IC Markets and Boston Merchant Financial are relatively lower. Consequently, you're charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of assets.

This IC Markets vs Boston Merchant Financial review for 2025 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For IC Markets And Boston Merchant Financial

What Languages Do IC Markets And Boston Merchant Financial Support?

Being able to communicate easily with your online platform is a key part of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.

Below you will find the languages that both IC Markets and Boston Merchant Financial offer communication in.

How Many Clients Do IC Markets and Boston Merchant Financial Have?

Both IC Markets and Boston Merchant Financial are well established with their client base. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many users IC Markets and Boston Merchant Financial are working with

What Payment Methods Do IC Markets and Boston Merchant Financial Accept?

IC Markets and Boston Merchant Financial 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 Boston Merchant Financial

What Can You Trade With IC Markets and Boston Merchant Financial?

IC Markets offers 232 trading instruments while Boston Merchant Financial offers 100.

Below you will find a full breakdown of what both IC Markets and Boston Merchant Financial offer.