IC Markets vs C 7 Traders, Updated for 2024

Compare IC Markets vs C 7 Traders

Each trading platforms feature certain advantages and disadvantages, so a complete analysis of IC Markets vs C 7 Traders should not be regarded as thorough without adopting a fair assessment.

Compare IC Markets and C 7 Traders in order to understand just how these platforms compare to one another before you choose to make an account. A comparative analysis helps to put things into perspective in order that you remain cognizant of the expectations.

So you are looking for a reputable broker and are choosing between IC Markets or C 7 Traders. Who should you choose?

Our IC Markets vs C 7 Traders comparison contains the most recent information so you can easily compare C 7 Traders against IC Markets.

If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of broker since you continue trading. For starters, you need to choose the ideal agent who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and C 7 Traders are just two such companies that will take you and your investment into great heights. It's crucial that you compare IC Markets vs C 7 Traders before you trust them with your cash.

Our IC Markets vs C 7 Traders comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and C 7 Traders side by side.

Our full IC Markets vs C 7 Traders Review covers everything you need to know about trading using either IC Markets or C 7 Traders. A good broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.

There is no sure-fire way to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.

IC Markets and C 7 Traders are both brokers that have paved their way successfully to the brokerage world. Within this review, we have tried to collate some of the important aspects of both IC Markets and C 7 Traders. This review can help you to know whether either C 7 Traders or IC Markets is a good match for your own investments or not. We've tried to breakdown all the qualities and fees for your advantage.

Benefits of IC Markets and C 7 Traders Compared

IC Markets has a minimum deposit of $200 while C 7 Traders has a $100 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and C 7 Traders 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 C 7 Traders has around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and C 7 Traders 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or C 7 Traders.

IC Markets and C 7 Traders Contact Details

Being able to contact a broker easily is vital. IC Markets and C 7 Traders have the following contact details and social medias that you can use.

C 7 Traders 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 C 7 Traders 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

Although most brokers do OK in this area, there are some bad apples out there. 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 C 7 Traders - Awards

IC Markets vs C 7 Traders - Frequently Asked Questions

IC Markets vs C 7 Traders - Headquarters And Year Of Founding

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

C 7 Traders was founded in 2014 and has its headquaters in Vanuatu.

What is the minimum deposit for C 7 Traders or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for C 7 Traders is $100.

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 C 7 Traders are a good option.

IC Markets vs C 7 Traders - 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).

C 7 Traders is regulated by Unregulated.

C 7 Traders is unregulated but IC Markets has a powerful collection of rules for ensuring fair trading onto its own platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).

In accordance with their own privacy policy, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs C 7 Traders Commission And Fees

IC Markets and C 7 Traders are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients they have.

However, this does not 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 primarily three types of fees for this purpose.

The first kind of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you are spending a spread, funding speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than a day.

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

Generally, neither IC Markets or C 7 Traders 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 can be beneficial for those who often exchange, for example weekly or daily trading.

But, non-trading fees billed by IC Markets and C 7 Traders are comparatively competitive. Consequently, you're billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of assets.

This IC Markets vs C 7 Traders review for 2024 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For IC Markets And C 7 Traders

What Languages Do IC Markets And C 7 Traders Support?

Being able to communicate completely with your online platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.

Here you will find all the languages that both IC Markets and C 7 Traders offer communication in.

How Many Clients Do IC Markets and C 7 Traders Have?

Both IC Markets and C 7 Traders are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many clients IC Markets and C 7 Traders have

What Payment Methods Do IC Markets and C 7 Traders Accept?

IC Markets and C 7 Traders 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 C 7 Traders

What Can You Trade With IC Markets and C 7 Traders?

IC Markets offers 232 trading instruments whilst C 7 Traders offers 66.

Below you will find a full breakdown of what both IC Markets and C 7 Traders offer.