IC Markets vs Darwinex, Who's The Best?
IC Markets Rating
Losses can exceed deposits
Losses can exceed deposits
IC Markets vs Darwinex Guide
Read our In-Depth IC Markets vs Darwinex Review - for 2024
Our IC Markets vs Darwinex review has been revised for 2024 from seasoned professionals boasting years of expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Darwinex does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Darwinex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Darwinex
Each online trading platforms feature a few pros and cons, and a complete review of IC Markets and Darwinex should not be regarded as thorough without having a fair assessment.
Examine Darwinex and IC Markets to understand how they line up against one another before you decide to open an account. Conducting a comparative analysis can bring aspects into perspective in order that you're aware of the expectations.
So you are looking for an online trading platform and are choosing between IC Markets or Darwinex. Which one is best in 2024?
This IC Markets vs Darwinex comparison contains the latest information so you can easily compare Darwinex against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all the concepts of brokerage since you keep trading. For starters, you have to select the ideal broker who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and Darwinex are just two such stages which will take you and your investment into great heights. It is important to compare IC Markets vs Darwinex until you trust them with your cash.
Our IC Markets vs Darwinex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Darwinex side by side.
Our full IC Markets vs Darwinex Review covers all you will need to learn about trading using either IC Markets or Darwinex. A good agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and Darwinex are both brokers that have paved their way successfully to the broker world. In this review, we have attempted to collate a number of the vital aspects of both IC Markets and Darwinex. This review can help you to know whether either Darwinex or IC Markets is a fantastic fit for your investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of IC Markets and Darwinex Compared
IC Markets has a minimum deposit of $200 while Darwinex offers a $500 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Darwinex 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 Darwinex allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and Darwinex 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 Darwinex.
IC Markets and Darwinex Contact Details
Being able to contact a broker easily is a sign of a professional broker. IC Markets and Darwinex have the following contact details and social medias that you can use.
|+248 467 19 76
|Level 4, 50 Carrington Street, Sydney NSW 2000
|IC Markets Twitter Account
|Darwinex Twitter Account
|IC Markets Facebook Page
|Darwinex Facebook Page
|IC Markets Instagram Account
|Darwinex Instagram Account
|IC Markets LinkedIn Page
|Darwinex LinkedIn Page
|IC Markets YouTube Channel
|Darwinex YouTube Channel
|Find Out More
Darwinex 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 Darwinex 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.
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 Darwinex - Awards
IC Markets have won many industry awards over the years they have been running as a financial broker. We show the most recognised awards for IC Markets below.
|At the time of writing this Darwinex review, and despite Darwinex’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
IC Markets vs Darwinex - Frequently Asked Questions
IC Markets vs Darwinex - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Darwinex was founded in 2012 and has its head office in UK.
What is the minimum deposit for Darwinex or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Darwinex is $500.
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 Darwinex are a good option.
IC Markets vs Darwinex - 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).
Darwinex is regulated by Financial Conduct Authority (FCA).
Both IC Markets and Darwinex have a strong set of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual 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 Darwinex Commission And Fees
IC Markets and Darwinex are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.
However, 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 three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you are spending a spread, financing speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those who are charged when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Darwinex charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and Darwinex are relatively competitive. As a result, you're charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This IC Markets vs Darwinex review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Darwinex
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What Languages Do IC Markets And Darwinex Support?
Being able to chat 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 be sure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you can find all the languages that both IC Markets and Darwinex offer communication in.
|English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
|English, and Chinese
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How Many Clients Do IC Markets and Darwinex Have?
Both IC Markets and Darwinex are well established with their client base. It is really important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients IC Markets and Darwinex are active on their platform
|Clients / Users
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What Payment Methods Do IC Markets and Darwinex Accept?
IC Markets and Darwinex 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 Darwinex
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What Can You Trade With IC Markets and Darwinex?
IC Markets offers 232 trading instruments while Darwinex offers 100.
Below you will find a full breakdown of what both IC Markets and Darwinex offer.
IC Markets Review
IC Markets vs Darwinex:
Table Of Contents
- Compare IC Markets vs Darwinex
- Benefits of IC Markets and Darwinex Compared
- Darwinex and IC Markets Mobile App Comparison
- IC Markets vs Darwinex - Awards
- IC Markets vs Darwinex - Frequently Asked Questions
- What is the minimum deposit for Darwinex or IC Markets
- IC Markets vs Darwinex - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Darwinex
- What Languages Do IC Markets And Darwinex Support?
- How Many Clients Do IC Markets and Darwinex Have?
- What Payment Methods Do IC Markets and Darwinex Accept?
- What Can You Trade With IC Markets and Darwinex?