IC Markets vs Bridges Financial Services, Updated for 2023

Compare IC Markets vs Bridges Financial Services

All online trading platforms will have some pros and cons, and a complete analysis of IC Markets vs Bridges Financial Services should not be regarded as thorough without embracing a balanced approach.

Compare Bridges Financial Services and IC Markets in order to understand how these platforms compare with one another prior to you choose to open an account. Conducting a side-by-side comparison will place factors into perspective to ensure that you remain aware of what to expect.

So you are looking for a broker and are choosing between IC Markets or Bridges Financial Services. Who should you choose?

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

If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll get adept at all of the concepts of broker since you continue trading. For starters, you need to select the right agent who'll be transparent with you always.

In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Bridges Financial Services are just two such trading platforms that will take you and your investment into great heights. It is crucial that you compare IC Markets vs Bridges Financial Services until 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 need to know about trading with either IC Markets or Bridges Financial Services. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that aligns with your investing objectives.

There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.

IC Markets and Bridges Financial Services are both brokers which have forged their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important aspects of both IC Markets and Bridges Financial Services. This review will allow you to understand whether either Bridges Financial Services or IC Markets is a good match for your investments or not. We have tried to breakdown all of the qualities and charges for your convenience.

Benefits of IC Markets and Bridges Financial Services Compared

IC Markets offers 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 has around 232 financial instruments whilst Bridges Financial Services has around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and Bridges Financial Services 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 Bridges Financial Services.

IC Markets and Bridges Financial Services Contact Details

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

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.

Overall, we rate 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

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

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 head office 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 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 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 powerful set of rules for ensuring fair trading onto their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare IC Markets vs Bridges Financial Services Commission And Fees

IC Markets and Bridges Financial Services are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the number of clients they have.

However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various 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. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you're paying a spread, funding speed, 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 flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people who are charged when you maintain a leveraged position for longer than daily.

Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or Bridges Financial Services charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, for example weekly or daily trading.

However, non-trading fees charged by IC Markets and Bridges Financial Services are comparatively higher. Consequently, you're billed more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.

This IC Markets vs Bridges Financial Services review for 2023 breaks down every one of the applicable non-trading fees 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 chat completely with your online broker 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 app as it is a key factor to success when trading online.

Here you can find the languages that both IC Markets and Bridges Financial Services support.

How Many Clients Do IC Markets and Bridges Financial Services Have?

Both IC Markets and Bridges Financial Services are well known and trusted. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many users IC Markets and Bridges Financial Services are active on their platform

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.