IC Markets vs Bridges Financial Services, for 2022
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IC Markets Rating: 8.34 / 10 |
Bridges Financial Services Rating: 5.88 / 10 |
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Bridges Financial Services Guide |
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Read our In-Depth IC Markets vs Bridges Financial Services Review - for 2022
This IC Markets vs Bridges Financial Services review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Bridges Financial Services review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Bridges Financial Services Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a reputable broker and are choosing between IC Markets or Bridges Financial Services. Who is better in 2022?
Our IC Markets vs Bridges Financial Services review contains the most recent information so you can easily compare Bridges Financial Services 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 requires expert analyzing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the right agent who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and Bridges Financial Services are just two such platforms that will take you and your investment into great heights. It's important to compare IC Markets vs Bridges Financial Services before you trust them with your money.
Our IC Markets vs Bridges Financial Services comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Bridges Financial Services side by side.
Our entire IC Markets vs Bridges Financial Services Review covers everything you will need to learn about trading using either IC Markets or Bridges Financial Services. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to guarantee profits; thus, you should carefully analyze your agent before you select them. It is a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
IC Markets and Bridges Financial Services are both brokers which have paved their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important facets of both IC Markets and Bridges Financial Services. This review will help you to know whether either Bridges Financial Services or IC Markets is a fantastic fit for your investments or not. We have tried to breakdown all the features and fees for your convenience.
Compare IC Markets vs Bridges Financial Services
Every online trading platform will have a few ups and downs, and no IC Markets and Bridges Financial Services review would be complete without having a balanced approach. Compare IC Markets and Bridges Financial Services to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Bridges Financial Services Compared
IC Markets has a minimum deposit of $200 while Bridges Financial Services has a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Bridges Financial Services 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 Bridges Financial Services has around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and Bridges Financial Services 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 Bridges Financial Services.
IC Markets and Bridges Financial Services Contact Details
Being able to contact a broker easily is important. IC Markets and Bridges Financial Services have the following contact details and social medias that you can use.
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| Broker | IC Markets | Bridges Financial Services |
| Telephone Number | +248 467 19 76 | +61 1800 645 303 |
| support@icmarkets.com | info@bridges.com.au | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Level 3, 30 Hickson Rd, Millers Point, New South Wales 2000, AU |
| IC Markets Twitter Account | Bridges Financial Services Twitter Account | |
| IC Markets Facebook Page | Bridges Financial Services Facebook Page | |
| IC Markets Instagram Account | Bridges Financial Services Instagram Account | |
| IC Markets LinkedIn Page | Bridges Financial Services LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Bridges Financial Services YouTube Channel |
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Bridges Financial Services 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 Bridges Financial Services we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the 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. 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 Bridges Financial Services - Awards
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| Broker | IC Markets | Bridges Financial Services |
| Awards |
IC Markets have won numerous industry awards over the years they have been running as an online broker. We list the most notable awards for IC Markets below.
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At the time of writing this Bridges Financial Services review, and despite Bridges Financial Services’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Bridges Financial Services - Frequently Asked Questions
IC Markets vs Bridges Financial Services - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Bridges Financial Services was founded in 2014 and has its head office in Australia.
What is the minimum deposit for Bridges Financial Services or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Bridges Financial Services is $100.
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 Bridges Financial Services are a good choice.
IC Markets vs Bridges Financial Services - 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).
Bridges Financial Services is regulated by ABN 60 003 474 977, AFSL No. 240837.
Both IC Markets and Bridges Financial Services have a strong set of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Bridges Financial Services Commission And Fees
IC Markets and Bridges Financial Services are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you're paying a spread, financing 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 difference between the buying and selling price. Financing or overnight rates are people who are charged when you hold a leveraged position for more than daily.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or Bridges Financial Services charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by IC Markets and Bridges Financial Services are comparatively competitive. Consequently, you are charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.
This IC Markets vs Bridges Financial Services review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Bridges Financial Services
What Languages Do IC Markets And Bridges Financial Services Support?
Being able to talk completely with your trading platform is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both IC Markets and Bridges Financial Services offer communication in.
How Many Clients Do IC Markets and Bridges Financial Services Have?
Both IC Markets and Bridges Financial Services are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers IC Markets and Bridges Financial Services are active on their platform
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| Broker | IC Markets | Bridges Financial Services |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Bridges Financial Services Accept?
IC Markets and Bridges Financial Services 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 Bridges Financial Services
What Can You Trade With IC Markets and Bridges Financial Services?
IC Markets offers 232 trading instruments and Bridges Financial Services offers 62.
Below you will find a full breakdown of what both IC Markets and Bridges Financial Services offer.
Compare IC Markets To All Other Brokers
Compare Bridges Financial Services To All Other Brokers
