IC Markets vs ETX Capital, 2023 Update

Compare IC Markets vs ETX Capital

Every trading platforms feature a few ups and downs, so a complete review of IC Markets and ETX Capital would not be complete without adopting a fair assessment.

Compare ETX Capital and IC Markets in order to understand just how they compare to each other prior to you choose to make an account. Conducting a comprehensive comparison can bring aspects in perspective in order that you remain cognizant of what to expect.

So you are looking for a broker and are choosing between IC Markets or ETX Capital. Who should you choose?

This IC Markets vs ETX Capital comparison contains the most recent information so you can easily compare ETX Capital 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 area of trading demands expert assessing skills and comprehensive knowledge. You'll get proficient at all of the concepts of brokerage since you continue trading. For starters, you need to choose the right agent who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and ETX Capital are just two such companies which will take you along with your investment into great heights. It's important to compare IC Markets vs ETX Capital before you trust them with your cash.

Our IC Markets vs ETX Capital comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and ETX Capital side by side.

Our entire IC Markets vs ETX Capital Review covers all you will need to know about trading using either IC Markets or ETX Capital. A fantastic agent can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you choose them. It's a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

IC Markets and ETX Capital are both brokers which have found their way successfully to the broker world. In this review, we've attempted to collate a number of the vital aspects of both IC Markets and ETX Capital. This review can allow you to know whether either ETX Capital or IC Markets is a fantastic fit for your investments or not. We've tried to breakdown all of the qualities and charges for your advantage.

Benefits of IC Markets and ETX Capital Compared

IC Markets offers a minimum deposit of $200 while ETX Capital has a $100 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and ETX Capital 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 ETX Capital allows you to trade around 232 available.

The more financial instruments you can trade on the IC Markets and ETX Capital 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 seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or ETX Capital.

IC Markets and ETX Capital Contact Details

Being able to contact an online trading platform simply is vital. IC Markets and ETX Capital have the following contact details and social medias that you can use.

ETX Capital 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.

In this part of our comparison of IC Markets and ETX Capital 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.

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. 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 ETX Capital - Awards

IC Markets vs ETX Capital - Frequently Asked Questions

IC Markets vs ETX Capital - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its head office in Australia.

ETX Capital was founded in 2002 and has its head office in UK.

What is the minimum deposit for ETX Capital or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for ETX Capital is $100.

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 ETX Capital are a good option.

IC Markets vs ETX Capital - 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).

ETX Capital is regulated by Financial Conduct Authority (FCA).

Both IC Markets and ETX Capital have a powerful set of rules for ensuring fair trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs ETX Capital Commission And Fees

IC Markets and ETX Capital are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the amount of clients they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various 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 an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are spending a spread, financing rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people who are billed when you hold a leveraged position for more than daily.

Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or ETX Capital charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly trade, such as weekly or daily trading.

But, non-trading fees charged by IC Markets and ETX Capital are relatively lower. As a result, you are charged more for non-trading actions on your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.

This IC Markets vs ETX Capital review for 2023 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And ETX Capital

What Languages Do IC Markets And ETX Capital Support?

Being able to talk easily with your online broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.

Here you can find all the languages that both IC Markets and ETX Capital offer communication in.

How Many Clients Do IC Markets and ETX Capital Have?

Both IC Markets and ETX Capital are well established with their customer base. It is important to work with an online broker that is professional 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 ETX Capital are active on their platform

What Payment Methods Do IC Markets and ETX Capital Accept?

IC Markets and ETX Capital 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 ETX Capital

What Can You Trade With IC Markets and ETX Capital?

IC Markets offers 232 trading instruments while ETX Capital offers 100.

Below you will find a full breakdown of what both IC Markets and ETX Capital offer.