IC Markets vs Coinbase, 2022 Update
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IC Markets Rating: 8.34 / 10 |
Coinbase Rating: 4.38 / 10 |
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Coinbase Guide |
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Read our In-Depth IC Markets vs Coinbase Review - for 2022
This IC Markets vs Coinbase 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 Coinbase review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Coinbase Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a broker and are choosing between IC Markets or Coinbase. Which one is best in 2022?
Our IC Markets vs Coinbase review contains the most recent information so you can easily compare Coinbase against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you need to select the right broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and Coinbase are just two such platforms which will take you and your investment into great heights. It is important to compare IC Markets vs Coinbase before you trust them with your cash.
Our IC Markets vs Coinbase comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Coinbase side by side.
Our full IC Markets vs Coinbase Review covers everything you need to learn about trading using either IC Markets or Coinbase. A fantastic agent can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker 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 at risk.
IC Markets and Coinbase are both brokers which have forged their way successfully into the brokerage world. In this review, we have attempted to collate a number of the important aspects of both IC Markets and Coinbase. This review will allow you to understand whether either Coinbase or IC Markets is a fantastic fit for your investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Compare IC Markets vs Coinbase
Every online trading system will have a few ups and downs, and no IC Markets and Coinbase review would be complete without showing both sides. Compare IC Markets and Coinbase to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Coinbase Compared
IC Markets has a minimum deposit of $200 while Coinbase offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Coinbase 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 Coinbase has around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and Coinbase 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 Coinbase.
IC Markets and Coinbase Contact Details
Being able to contact your broker simply is vital. IC Markets and Coinbase have the following contact details and social medias that you can use.
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| Broker | IC Markets | Coinbase |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Coinbase Twitter Account | |
| IC Markets Facebook Page | Coinbase Facebook Page | |
| IC Markets Instagram Account | Coinbase Instagram Account | |
| IC Markets LinkedIn Page | Coinbase LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Coinbase YouTube Channel |
| Find Out More |
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Coinbase 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.
This part of comparing IC Markets and Coinbase will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 Coinbase - Awards
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| Broker | IC Markets | Coinbase |
| Awards |
IC Markets have won numerous industry awards over the years they have been operating as an online trading platform. We list the most notable awards for IC Markets here.
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At the time of writing this Coinbase review, and despite Coinbase’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
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IC Markets vs Coinbase - Frequently Asked Questions
IC Markets vs Coinbase - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Coinbase was founded in 1989 and has its headquaters in United States.
What is the minimum deposit for Coinbase or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Coinbase 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 Coinbase are a good option.
IC Markets vs Coinbase - 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).
Coinbase is regulated by Financial Conduct Authority (FCA).
Both IC Markets and Coinbase have a strong collection 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 privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Coinbase Commission And Fees
IC Markets and Coinbase are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But this does not 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 different types of penalties for this purpose.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither IC Markets or Coinbase charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and Coinbase are comparatively higher. As a result, you are billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of assets.
This IC Markets vs Coinbase review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Coinbase
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| Broker | IC Markets | Coinbase |
| Minimum Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
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What Languages Do IC Markets And Coinbase Support?
Being able to communicate completely with your online broker is a key way of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all the languages that both IC Markets and Coinbase offer communication in.
How Many Clients Do IC Markets and Coinbase Have?
Both IC Markets and Coinbase 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 establishing this is by knowing how many clients are using their services.
Below you will find details of how many users IC Markets and Coinbase are active on their platform
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| Broker | IC Markets | Coinbase |
| Clients / Users | 60,000+ | 10,000+ |
| Find Out More |
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What Payment Methods Do IC Markets and Coinbase Accept?
IC Markets and Coinbase 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 Coinbase
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| Broker | IC Markets | Coinbase |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
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What Can You Trade With IC Markets and Coinbase?
IC Markets offers 232 trading instruments whilst Coinbase offers 77.
Below you will find a full breakdown of what both IC Markets and Coinbase offer.
Compare IC Markets To All Other Brokers
Compare Coinbase To All Other Brokers
