IC Markets vs Fidelity, for 2023

Compare IC Markets vs Fidelity

Each trading platforms will have a few advantages and disadvantages, so a complete analysis of IC Markets vs Fidelity would not be complete without embracing a balanced approach.

Assess IC Markets and Fidelity to get a better understanding of the way these platforms stack up with each other before you decide to create an account. A side-by-side comparison can place factors into perspective to ensure that you are aware of the expectations.

So you are looking for a professional broker and are choosing between IC Markets or Fidelity. Which one is best in 2023?

Our IC Markets vs Fidelity comparison contains the most recent information so you can easily compare Fidelity against IC Markets.

If you're a new entrant in the world of trading and brokers, so many facts 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 have to select the ideal broker who will be clear 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 plan has the potential to generate hefty returns. IC Markets and Fidelity are two such stages which will take you along with your investment to great heights. It is important to compare IC Markets vs Fidelity until you trust them with your money.

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

Our full IC Markets vs Fidelity Review covers all you will need to know about trading with either IC Markets or Fidelity. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment objectives.

There is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.

IC Markets and Fidelity are both brokers which have paved their way successfully to the broker world. Within this review, we've tried to collate a number of the vital aspects of both IC Markets and Fidelity. This review will allow you to know whether either Fidelity or IC Markets is a fantastic match for your own investments or not. We've attempted to breakdown all the features and charges for your advantage.

Benefits of IC Markets and Fidelity Compared

IC Markets offers a minimum deposit of $200 while Fidelity offers a $100 minimum deposit.

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

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

IC Markets and Fidelity Contact Details

Being able to contact your broker through many ways is important. IC Markets and Fidelity have the following contact details and social medias that you can use.

Fidelity 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 Fidelity we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of both 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. 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 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 Fidelity - Awards

IC Markets vs Fidelity - Frequently Asked Questions

IC Markets vs Fidelity - Headquarters And Year Of Founding

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

Fidelity was founded in 2008 and has its headquaters in USA.

What is the minimum deposit for Fidelity or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Fidelity 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 Fidelity are a good choice.

IC Markets vs Fidelity - 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).

Fidelity is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

Both IC Markets and Fidelity have a strong set of rules for ensuring honest trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs Fidelity Commission And Fees

IC Markets and Fidelity are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the amount of customers they have.

However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this purpose.

The first kind of charges 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 these cases, you are spending a spread, financing speed, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people who are charged when you hold a leveraged position for longer than daily.

Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.

In general, neither IC Markets or Fidelity charge high fees in comparison to other online agents. For operations other brokers fee for, they 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.

But, non-trading fees charged by IC Markets and Fidelity are comparatively lower. Consequently, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.

This IC Markets vs Fidelity review for 2023 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For IC Markets And Fidelity

What Languages Do IC Markets And Fidelity Support?

Being able to talk easily with your online platform is a key part of comparing online brokers to find your perfect broker. 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 online.

Here you can find the languages that both IC Markets and Fidelity offer communication in.

How Many Clients Do IC Markets and Fidelity Have?

Both IC Markets and Fidelity are well known and trusted. It is important to work with a broker that is professional 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 Fidelity are working with

What Payment Methods Do IC Markets and Fidelity Accept?

IC Markets and Fidelity 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 Fidelity

What Can You Trade With IC Markets and Fidelity?

IC Markets offers 232 trading instruments whilst Fidelity offers 98.

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