IC Markets vs Directshares, Updated for 2022
IC Markets Rating: 8.34 / 10
Directshares Rating: 5.98 / 10
Losses can exceed deposits
Your capital is at risk
IC Markets vs Directshares Guide
Read our In-Depth IC Markets vs Directshares Review - Updated for 2022
This IC Markets vs Directshares 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 Directshares review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Directshares Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for an online trading platform and are choosing between IC Markets or Directshares. Which one is best in 2022?
This IC Markets vs Directshares review contains the latest information so you can easily compare Directshares against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Directshares are two such trading platforms which will take you along with your investment into great heights. It's important that you compare IC Markets vs Directshares until you trust them with your cash.
Our IC Markets vs Directshares comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Directshares side by side.
Our entire IC Markets vs Directshares Review covers everything you need to know about trading with either IC Markets or Directshares. A good broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
IC Markets and Directshares are both brokers which have found their way successfully into the broker world. Within this review, we've tried to collate some of the vital aspects of both IC Markets and Directshares. This review can allow you to know whether either Directshares or IC Markets is a good match for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Compare IC Markets vs Directshares
Every online trading system will have a few pros and cons, and no IC Markets and Directshares review would be complete without having a balanced approach. Compare IC Markets and Directshares to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Directshares Compared
IC Markets has a minimum deposit of $200 while Directshares offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Directshares 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 Directshares allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and Directshares 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or Directshares.
IC Markets and Directshares Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. IC Markets and Directshares have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000|
|IC Markets Twitter Account||Directshares Twitter Account|
|IC Markets Facebook Page||Directshares Facebook Page|
|IC Markets Instagram Account||Directshares Instagram Account|
|IC Markets LinkedIn Page||Directshares LinkedIn Page|
|YouTube||IC Markets YouTube Channel||Directshares YouTube Channel|
|Find Out More||
Directshares 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 Directshares will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 Directshares - Awards
IC Markets have won a lot of industry awards over the time they have been running as a financial broker. We detail the most notable awards for IC Markets below.
|At the time of writing this Directshares review, and despite Directshares’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
IC Markets vs Directshares - Frequently Asked Questions
IC Markets vs Directshares - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Directshares was founded in 2007 and has its head office in Australia.
What is the minimum deposit for Directshares or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Directshares 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 Directshares are a good choice.
IC Markets vs Directshares - 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).
Directshares is regulated by The Portuguese Securities Market Commission (CMVM).
Both IC Markets and Directshares have a powerful collection of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Directshares Commission And Fees
IC Markets and Directshares are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these cases, you're spending a spread, financing rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Directshares charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees charged by IC Markets and Directshares are relatively greater. As a result, you are charged more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This IC Markets vs Directshares review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Directshares
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What Languages Do IC Markets And Directshares Support?
Being able to chat completely with your online platform is a key part of comparing online brokers to find your perfect trading partner. 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 can find the languages that both IC Markets and Directshares offer communication in.
|Languages Supported||English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more||English, and Chinese|
|Find Out More||
How Many Clients Do IC Markets and Directshares Have?
Both IC Markets and Directshares are well established with their client base. It is important to work with a broker that is reputable 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 users IC Markets and Directshares have
|Clients / Users||60,000+||10,000+|
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What Payment Methods Do IC Markets and Directshares Accept?
IC Markets and Directshares 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 Directshares
|Find Out More||
What Can You Trade With IC Markets and Directshares?
IC Markets offers 232 trading instruments and Directshares offers 86.
Below you will find a full breakdown of what both IC Markets and Directshares offer.
Compare IC Markets To All Other Brokers
Compare Directshares To All Other Brokers
IC Markets Review
IC Markets vs Directshares:
Table Of Contents
- Compare IC Markets vs Directshares
- Benefits of IC Markets and Directshares Compared
- Directshares and IC Markets Mobile App Comparison
- IC Markets vs Directshares - Awards
- IC Markets vs Directshares - Frequently Asked Questions
- What is the minimum deposit for Directshares or IC Markets
- IC Markets vs Directshares - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Directshares
- What Languages Do IC Markets And Directshares Support?
- How Many Clients Do IC Markets and Directshares Have?
- What Payment Methods Do IC Markets and Directshares Accept?
- What Can You Trade With IC Markets and Directshares?