IC Markets vs Darwinex, Who's Better?
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IC Markets Rating
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Darwinex Rating
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Losses can exceed deposits |
Losses can exceed deposits |
IC Markets vs Darwinex Guide |
Read our In-Depth IC Markets vs Darwinex Review - for 2023
This comprehensive analysis of IC Markets and Darwinex has been revised to reflect any changes for 2023 from industry experts with years of financial experience in Social Trading, Forex, & 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
All trading platforms feature certain ups and downs, and a complete IC Markets and Darwinex review would not be regarded as thorough without having a fair assessment.
Examine IC Markets and Darwinex to understand just how these platforms line up to each other prior to you open an account. A side-by-side comparison will place factors in perspective so that you're cognizant of the expectations.
So you are looking for a professional broker and are choosing between IC Markets or Darwinex. Which one is best in 2023?
This IC Markets vs Darwinex comparison contains the latest information so you can easily compare Darwinex against IC Markets.
If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Darwinex are two such stages which will take you along with your investment to great heights. It's crucial to compare IC Markets vs Darwinex before you trust them with your money.
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 with either IC Markets or Darwinex. A good agent can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It's a frequent misconception that all brokers are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and Darwinex are both brokers that have paved their way successfully into the broker world. In this review, we've tried to collate a number of the vital aspects of both IC Markets and Darwinex. This review will help you to understand whether either Darwinex or IC Markets is a good match for your investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Benefits of IC Markets and Darwinex Compared
IC Markets has a minimum deposit of $200 while Darwinex has 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 has around 232 financial instruments while Darwinex has around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and Darwinex 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 Darwinex.
IC Markets and Darwinex Contact Details
Being able to contact your broker easily is important. IC Markets and Darwinex have the following contact details and social medias that you can use.
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Broker | IC Markets | Darwinex |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | 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 | |
YouTube | IC Markets YouTube Channel | Darwinex YouTube Channel |
Find Out More |
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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.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs Darwinex - Awards
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Broker | IC Markets | Darwinex |
Awards |
IC Markets have won numerous industry awards over the time they have been operating as a financial broker. We list the most notable awards for IC Markets below.
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At the time of writing this Darwinex review, and despite Darwinex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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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 headquaters 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 choice.
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 powerful set of rules for ensuring honest trading on their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Darwinex Commission And Fees
IC Markets and Darwinex 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 better. That is, an online broker is not necessarily influenced by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of penalties for this purpose.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing speed, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people that are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither IC Markets or Darwinex charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and Darwinex are comparatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This IC Markets vs Darwinex review for 2023 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Darwinex
What Languages Do IC Markets And Darwinex Support?
Being able to chat easily with your online broker is a key element when comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you will find all the languages that both IC Markets and Darwinex support.
How Many Clients Do IC Markets and Darwinex Have?
Both IC Markets and Darwinex are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients IC Markets and Darwinex have
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Broker | IC Markets | Darwinex |
Clients / Users | 60,000+ | 10,000+ |
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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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Broker | IC Markets | Darwinex |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
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What Can You Trade With IC Markets and Darwinex?
IC Markets offers 232 trading instruments whilst 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?