IC Markets vs Degiro, Who's The Best?
IC Markets Rating
Losses can exceed deposits
Your capital is at risk
IC Markets vs Degiro Guide
Read our In-Depth IC Markets vs Degiro Review - for 2024
Our IC Markets vs Degiro review has been updated to reflect any changes for 2024 from industry experts with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Degiro does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Degiro
Each online trading platforms feature a few ups and downs, and any comprehensive IC Markets and Degiro review should not be regarded as thorough without having a balanced approach.
Examine IC Markets and Degiro to get a better understanding of the way they compare with each other before you decide to open an account. Performing a comprehensive comparison helps to bring aspects into perspective in order that you're cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or Degiro. Who is better in 2024?
This IC Markets vs Degiro comparison contains the most recent information so you can easily compare Degiro against IC Markets.
If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of broker as you continue trading. For starters, you need to select the ideal agent who will be clear with you always.
In this fast-paced universe 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 Degiro are two such platforms which will take you and your investment into great heights. It is crucial that you compare IC Markets vs Degiro until you trust them with your money.
Our IC Markets vs Degiro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Degiro side by side.
Our full IC Markets vs Degiro Review covers everything you will need to learn about trading using either IC Markets or Degiro. A good broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and Degiro are both brokers that have paved their way successfully to the broker world. Within this review, we have tried to collate some of the vital aspects of both IC Markets and Degiro. This review will help you to understand whether either Degiro or IC Markets is a good fit for your investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.
Benefits of IC Markets and Degiro Compared
IC Markets offers a minimum deposit of $200 while Degiro offers a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Degiro 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 whilst Degiro has around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and Degiro 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 Degiro.
IC Markets and Degiro Contact Details
Being able to contact a broker simply is vital. IC Markets and Degiro 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
|Degiro Twitter Account
|IC Markets Facebook Page
|Degiro Facebook Page
|IC Markets Instagram Account
|Degiro Instagram Account
|IC Markets LinkedIn Page
|Degiro LinkedIn Page
|IC Markets YouTube Channel
|Degiro YouTube Channel
|Find Out More
Degiro 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 Degiro 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 the 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 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 Degiro - Awards
IC Markets have won several industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for IC Markets here.
|At the time of writing this Degiro review, and despite Degiro’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
IC Markets vs Degiro - Frequently Asked Questions
IC Markets vs Degiro - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Degiro was founded in 1934 and has its headquaters in Netherlands.
What is the minimum deposit for Degiro or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Degiro is $0.
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 Degiro are a good option.
IC Markets vs Degiro - 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).
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
Both IC Markets and Degiro have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their 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 Degiro Commission And Fees
IC Markets and Degiro are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this objective.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're spending a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or Degiro charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by IC Markets and Degiro are relatively competitive. As a result, you are billed more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This IC Markets vs Degiro review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Degiro
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What Languages Do IC Markets And Degiro Support?
Being able to chat completely with your online broker is a key element when comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both IC Markets and Degiro support.
|English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
|English, and Chinese
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How Many Clients Do IC Markets and Degiro Have?
Both IC Markets and Degiro are well known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users IC Markets and Degiro are working with
|Clients / Users
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What Payment Methods Do IC Markets and Degiro Accept?
IC Markets and Degiro 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 Degiro
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What Can You Trade With IC Markets and Degiro?
IC Markets offers 232 trading instruments whilst Degiro offers 84.
Below you will find a full breakdown of what both IC Markets and Degiro offer.
IC Markets Review
IC Markets vs Degiro:
Table Of Contents
- Compare IC Markets vs Degiro
- Benefits of IC Markets and Degiro Compared
- Degiro and IC Markets Mobile App Comparison
- IC Markets vs Degiro - Awards
- IC Markets vs Degiro - Frequently Asked Questions
- What is the minimum deposit for Degiro or IC Markets
- IC Markets vs Degiro - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Degiro
- What Languages Do IC Markets And Degiro Support?
- How Many Clients Do IC Markets and Degiro Have?
- What Payment Methods Do IC Markets and Degiro Accept?
- What Can You Trade With IC Markets and Degiro?