IC Markets vs Finmax, for 2025
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IC Markets Rating
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Finmax Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Finmax Guide |
Read our In-Depth IC Markets vs Finmax Review - Updated for 2025
Our IC Markets vs Finmax review has been refreshed to reflect any changes for 2025 from knowledgeable insiders with considerable financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Finmax does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Finmax Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Finmax
Every online trading platforms will have some ups and downs, so any comprehensive review of IC Markets and Finmax cannnot be regarded as thorough without adopting a balanced approach.
Compare Finmax and IC Markets to get a better understanding of the way these platforms line up against one another before you decide to make an account. A comparative analysis helps to put things in perspective in order that you remain aware of what to expect.
So you are looking for a reputable broker and are choosing between IC Markets or Finmax. Who is better in 2025?
Our IC Markets vs Finmax comparison contains the most recent information so you can easily compare Finmax against IC Markets.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will acquire proficient at all the concepts of broker since you keep trading. For starters, you have to choose the right agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Finmax are two such trading platforms that will take you along with your investment into great heights. It is important to compare IC Markets vs Finmax until you trust them with your cash.
Our IC Markets vs Finmax comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Finmax side by side.
Our entire IC Markets vs Finmax Review covers everything you need to learn about trading using either IC Markets or Finmax. A good agent can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
IC Markets and Finmax are both brokers which have paved their way successfully to the brokerage world. Within this review, we have tried to collate a number of the important aspects of both IC Markets and Finmax. This review will help you to know whether either Finmax or IC Markets is a fantastic fit for your own investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of IC Markets and Finmax Compared
IC Markets offers a minimum deposit of $200 while Finmax has a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Finmax 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 Finmax has around 232 on their platform.
The more financial instruments you can trade on the IC Markets and Finmax 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 Finmax.
IC Markets and Finmax Contact Details
Being able to contact an online trading platform through many ways is vital. IC Markets and Finmax have the following contact details and social medias that you can use.
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Broker | IC Markets | Finmax |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | Finmax Twitter Account | |
IC Markets Facebook Page | Finmax Facebook Page | |
IC Markets Instagram Account | Finmax Instagram Account | |
IC Markets LinkedIn Page | Finmax LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Finmax YouTube Channel |
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Finmax 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 Finmax will examine whether their mobile app meets all our requirements.
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 Finmax - Awards
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Broker | IC Markets | Finmax |
Awards |
IC Markets have won many industry awards over the time they have been running as an online broker. We detail the most recognised awards for IC Markets here.
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At the time of writing this Finmax review, and despite Finmax’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs Finmax - Frequently Asked Questions
IC Markets vs Finmax - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Finmax was founded in 2008 and has its headquaters in Bulgaria.
What is the minimum deposit for Finmax or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Finmax is $0.
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 Finmax are a good option.
IC Markets vs Finmax - 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).
Finmax is regulated by Financial Services Authority (FSA).
Both IC Markets and Finmax have a powerful set of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Finmax Commission And Fees
IC Markets and Finmax 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 brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily 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 mainly three types of fees for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, funding speed, or 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 flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Finmax charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and Finmax are comparatively higher. Consequently, you're billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This IC Markets vs Finmax review for 2025 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Finmax
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Broker | IC Markets | Finmax |
Minimum Deposit | $200 | $0 |
Withdrawal Fees | No | No |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
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What Languages Do IC Markets And Finmax Support?
Being able to talk easily with your trading platform is a key way of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their site 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 Finmax support.
How Many Clients Do IC Markets and Finmax Have?
Both IC Markets and Finmax are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients IC Markets and Finmax have
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Broker | IC Markets | Finmax |
Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Finmax Accept?
IC Markets and Finmax 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 Finmax
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Broker | IC Markets | Finmax |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
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What Can You Trade With IC Markets and Finmax?
IC Markets offers 232 trading instruments and Finmax offers 99.
Below you will find a full breakdown of what both IC Markets and Finmax offer.
IC Markets Review
IC Markets vs Finmax:
Table Of Contents
- Compare IC Markets vs Finmax
- Benefits of IC Markets and Finmax Compared
- Finmax and IC Markets Mobile App Comparison
- IC Markets vs Finmax - Awards
- IC Markets vs Finmax - Frequently Asked Questions
- What is the minimum deposit for Finmax or IC Markets
- IC Markets vs Finmax - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Finmax
- What Languages Do IC Markets And Finmax Support?
- How Many Clients Do IC Markets and Finmax Have?
- What Payment Methods Do IC Markets and Finmax Accept?
- What Can You Trade With IC Markets and Finmax?