IC Markets vs C 7 Traders, Who's The Best?

Compare IC Markets vs C 7 Traders

All platforms for online trading has a few ups and downs, so a complete analysis of IC Markets vs C 7 Traders cannnot be complete without adopting a fair assessment.

Assess C 7 Traders and IC Markets to get a better understanding of the way these platforms line up to each other before you open an account. A comparative analysis will place factors into perspective so that you're informed about 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 are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the ideal broker who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and C 7 Traders are two such platforms which will take you along with your investment to great heights. It is important to compare IC Markets vs C 7 Traders before you trust them with your money.

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 all you will need to know about trading with either IC Markets or C 7 Traders. A good agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment goals.

There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your agent before you choose them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.

IC Markets and C 7 Traders are both brokers which have paved their way successfully to the brokerage world. Within this review, we have tried to collate a number of the vital aspects of both IC Markets and C 7 Traders. This review will allow you to know whether either C 7 Traders or IC Markets is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Benefits of IC Markets and C 7 Traders Compared

IC Markets has a minimum deposit of $200 while C 7 Traders offers 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 allows you to trade around 232 financial instruments while C 7 Traders allows you to trade around 232 financial instruments available.

The more 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 should 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 an online trading platform easily is a sign of a professional broker. 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

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 C 7 Traders 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. 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 head office in Australia.

C 7 Traders was founded in 2014 and has its head office 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 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 C 7 Traders are a good choice.

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 strong set of rules for ensuring fair trading on its own platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).

As per their own privacy regulation, 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 C 7 Traders Commission And Fees

IC Markets and C 7 Traders are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.

But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn 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 charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than daily.

Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither IC Markets or C 7 Traders charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading.

However, non-trading fees charged by IC Markets and C 7 Traders are comparatively competitive. As a result, you're charged more for non-trading actions in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.

This IC Markets vs C 7 Traders review for 2023 breaks down every one of the applicable 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 chat easily with your trading broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Below you can find 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 important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers 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 and C 7 Traders offers 66.

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