IC Markets vs Bulbrokers, Who's The Best?
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IC Markets Rating
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Bulbrokers Rating
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs Bulbrokers Guide |
Read our In-Depth IC Markets vs Bulbrokers Review - for 2023
This IC Markets vs Bulbrokers review has been updated for 2023 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 Bulbrokers review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Bulbrokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Bulbrokers
Every online trading system has some ups and downs, and no IC Markets and Bulbrokers review would be complete without having a balanced approach. Compare IC Markets and Bulbrokers to understand how they stack 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.
So you are looking for an online trading platform and are choosing between IC Markets or Bulbrokers. Who should you choose?
Our IC Markets vs Bulbrokers comparison contains the most recent information so you can easily compare Bulbrokers against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the right agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Bulbrokers are just two such platforms that will take you and your investment into great heights. It's crucial that you compare IC Markets vs Bulbrokers until you trust them with your money.
Our IC Markets vs Bulbrokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Bulbrokers side by side.
Our entire IC Markets vs Bulbrokers Review covers everything you need to know about trading using either IC Markets or Bulbrokers. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
IC Markets and Bulbrokers are both brokers that have paved their way successfully into the broker world. Within this review, we've attempted to collate some of the important aspects of both IC Markets and Bulbrokers. This review can allow you to understand whether either Bulbrokers or IC Markets is a fantastic match for your investments or not. We've tried to breakdown all the features and fees for your advantage.
Benefits of IC Markets and Bulbrokers Compared
IC Markets offers a minimum deposit of $200 while Bulbrokers offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Bulbrokers 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 Bulbrokers allows you to trade around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and Bulbrokers 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 Bulbrokers.
IC Markets and Bulbrokers Contact Details
Being able to contact an online trading platform through many ways is important. IC Markets and Bulbrokers have the following contact details and social medias that you can use.
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Broker | IC Markets | Bulbrokers |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | Bulbrokers Twitter Account | |
IC Markets Facebook Page | Bulbrokers Facebook Page | |
IC Markets Instagram Account | Bulbrokers Instagram Account | |
IC Markets LinkedIn Page | Bulbrokers LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Bulbrokers YouTube Channel |
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Bulbrokers 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 Bulbrokers 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
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 Bulbrokers - Awards
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Broker | IC Markets | Bulbrokers |
Awards |
IC Markets have won a lot of industry awards over the years they have been running as an online broker. We detail the most notable awards for IC Markets below.
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At the time of writing this Bulbrokers review, and despite Bulbrokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Bulbrokers - Frequently Asked Questions
IC Markets vs Bulbrokers - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Bulbrokers was founded in 2000 and has its head office in Bulgaria.
What is the minimum deposit for Bulbrokers or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Bulbrokers 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 Bulbrokers are a good choice.
IC Markets vs Bulbrokers - 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).
Bulbrokers is regulated by Financial Services Authority (FSA).
Both IC Markets and Bulbrokers have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs Bulbrokers Commission And Fees
IC Markets and Bulbrokers are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected 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 3 types of fees for this objective.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you're spending a spread, funding speed, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Bulbrokers charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees charged by IC Markets and Bulbrokers are comparatively competitive. Consequently, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This IC Markets vs Bulbrokers review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Bulbrokers
What Languages Do IC Markets And Bulbrokers Support?
Being able to talk easily with your trading broker is a key element when comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find all the languages that both IC Markets and Bulbrokers offer communication in.
How Many Clients Do IC Markets and Bulbrokers Have?
Both IC Markets and Bulbrokers are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users IC Markets and Bulbrokers are active on their platform
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Broker | IC Markets | Bulbrokers |
Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Bulbrokers Accept?
IC Markets and Bulbrokers 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 Bulbrokers
What Can You Trade With IC Markets and Bulbrokers?
IC Markets offers 232 trading instruments while Bulbrokers offers 100.
Below you will find a full breakdown of what both IC Markets and Bulbrokers offer.
Compare IC Markets To All Other Brokers
Compare Bulbrokers To All Other Brokers
IC Markets Review
IC Markets vs Bulbrokers:
Table Of Contents
- Compare IC Markets vs Bulbrokers
- Benefits of IC Markets and Bulbrokers Compared
- Bulbrokers and IC Markets Mobile App Comparison
- IC Markets vs Bulbrokers - Awards
- IC Markets vs Bulbrokers - Frequently Asked Questions
- What is the minimum deposit for Bulbrokers or IC Markets
- IC Markets vs Bulbrokers - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Bulbrokers
- What Languages Do IC Markets And Bulbrokers Support?
- How Many Clients Do IC Markets and Bulbrokers Have?
- What Payment Methods Do IC Markets and Bulbrokers Accept?
- What Can You Trade With IC Markets and Bulbrokers?