IC Markets vs FXNet, Who's Better?

Compare IC Markets vs FXNet

Every trading platforms has a few advantages and disadvantages, so a complete IC Markets and FXNet review cannnot be complete without embracing a fair assessment.

Examine FXNet and IC Markets to get a better understanding of just how these platforms stack up to one another before you decide to open an account. Conducting a comparative analysis will put things into perspective in order that you're cognizant of the expectations.

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

Our IC Markets vs FXNet comparison contains the latest information so you can easily compare FXNet against IC Markets.

If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. 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 transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and FXNet are two such companies that will take you and your investment to great heights. It is crucial that you compare IC Markets vs FXNet until you trust them with your cash.

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

Our full IC Markets vs FXNet Review covers all you will need to learn about trading using either IC Markets or FXNet. A good agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment goals.

There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It is a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

IC Markets and FXNet are both brokers which have found their way successfully to the broker world. Within this review, we've tried to collate some of the important facets of both IC Markets and FXNet. This review can help you to understand whether either FXNet or IC Markets is a good match for your own investments or not. We have tried to breakdown all of the qualities and charges for your advantage.

Benefits of IC Markets and FXNet Compared

IC Markets has a minimum deposit of $200 while FXNet offers a $50 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and FXNet 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 FXNet allows you to trade around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and FXNet 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 FXNet.

IC Markets and FXNet Contact Details

Being able to contact your broker easily is a sign of a professional broker. IC Markets and FXNet have the following contact details and social medias that you can use.

FXNet 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.

This part of comparing IC Markets and FXNet will examine whether their mobile app meets all our requirements.

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.

Search Functions

While most brokers are good at this, there are some poor ones. 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 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 FXNet - Awards

IC Markets vs FXNet - Frequently Asked Questions

IC Markets vs FXNet - Headquarters And Year Of Founding

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

FXNet was founded in 2012 and has its headquaters in Cyprus.

What is the minimum deposit for FXNet or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for FXNet is $50.

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 FXNet are a good option.

IC Markets vs FXNet - 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).

FXNet is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

Both IC Markets and FXNet have a powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their own privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Compare IC Markets vs FXNet Commission And Fees

IC Markets and FXNet are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the number of clients they have.

However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this objective.

The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're spending a spread, funding rate, or even a commission. The kinds of trading fees 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. Financing or overnight rates are those that are charged when you hold a leveraged position for more than a day.

Apart from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.

In general, neither IC Markets or FXNet charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example weekly or daily trading.

But, non-trading fees billed by IC Markets and FXNet are comparatively higher. As a result, you're charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of assets.

This IC Markets vs FXNet review for 2025 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And FXNet

What Languages Do IC Markets And FXNet Support?

Being able to communicate easily with your trading broker 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 website and inside their app as it is a key part of success when trading forex.

Below you will find the languages that both IC Markets and FXNet offer communication in.

How Many Clients Do IC Markets and FXNet Have?

Both IC Markets and FXNet are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple 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 FXNet have

What Payment Methods Do IC Markets and FXNet Accept?

IC Markets and FXNet 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 FXNet

What Can You Trade With IC Markets and FXNet?

IC Markets offers 232 trading instruments whilst FXNet offers 100.

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