IC Markets vs Forex Financial Services, Who's The Best?
IC Markets Rating
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Forex Financial Services Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Forex Financial Services Guide |
Read our In-Depth IC Markets vs Forex Financial Services Review - Updated for 2025
Our IC Markets vs Forex Financial Services review has been revised for 2025 from industry experts boasting significant financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Forex Financial Services does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Forex Financial Services Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Forex Financial Services
Each online trading platforms feature some ups and downs, so a complete analysis of IC Markets vs Forex Financial Services would not be regarded as thorough without embracing an objective perspective.
Examine Forex Financial Services and IC Markets in order to understand how they stack up to each other before you make an account. Performing a side-by-side comparison can place factors into perspective so that you're informed about what to expect.
So you are looking for a broker and are choosing between IC Markets or Forex Financial Services. Who is better in 2025?
Our IC Markets vs Forex Financial Services comparison contains the latest information so you can easily compare Forex Financial Services against IC Markets.
If you're 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 assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of broker as you keep trading. For starters, you have to select the ideal broker who'll be clear with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and Forex Financial Services are just two such trading platforms which will take you along with your investment into great heights. It's crucial to compare IC Markets vs Forex Financial Services until you trust them with your cash.
Our IC Markets vs Forex Financial Services comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Forex Financial Services side by side.
Our full IC Markets vs Forex Financial Services Review covers everything you need to know about trading with either IC Markets or Forex Financial Services. A good agent can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Forex Financial Services are both brokers which have paved their way successfully into the broker world. In this review, we've attempted to collate some of the vital facets of both IC Markets and Forex Financial Services. This review will help you to understand whether either Forex Financial Services or IC Markets is a good fit for your own investments or not. We've tried to breakdown all the qualities and fees for your convenience.
Benefits of IC Markets and Forex Financial Services Compared
IC Markets has a minimum deposit of $200 while Forex Financial Services has a $2500 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Forex Financial Services 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 while Forex Financial Services allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and Forex Financial Services 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 Forex Financial Services.
IC Markets and Forex Financial Services Contact Details
Being able to contact a broker easily is vital. IC Markets and Forex Financial Services have the following contact details and social medias that you can use.
Broker | IC Markets | Forex Financial Services |
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Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | Forex Financial Services Twitter Account | |
IC Markets Facebook Page | Forex Financial Services Facebook Page | |
IC Markets Instagram Account | Forex Financial Services Instagram Account | |
IC Markets LinkedIn Page | Forex Financial Services LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Forex Financial Services YouTube Channel |
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Forex Financial Services 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 Forex Financial Services will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 Forex Financial Services - Awards
Broker | IC Markets | Forex Financial Services |
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Awards |
IC Markets have won a lot of industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for IC Markets below.
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At the time of writing this Forex Financial Services review, and despite Forex Financial Services’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Forex Financial Services - Frequently Asked Questions
IC Markets vs Forex Financial Services - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Forex Financial Services was founded in 2008 and has its headquaters in Australia.
What is the minimum deposit for Forex Financial Services or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Forex Financial Services is $2500.
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 Forex Financial Services are a good choice.
IC Markets vs Forex Financial Services - 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).
Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC).
Both IC Markets and Forex Financial Services have a strong collection of rules for ensuring honest trading on their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs Forex Financial Services Commission And Fees
IC Markets and Forex Financial Services are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those that are charged when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither IC Markets or Forex Financial Services charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees billed by IC Markets and Forex Financial Services are relatively lower. As a result, you're charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This IC Markets vs Forex Financial Services review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Forex Financial Services
What Languages Do IC Markets And Forex Financial Services Support?
Being able to communicate easily with your online broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find the languages that both IC Markets and Forex Financial Services offer communication in.
How Many Clients Do IC Markets and Forex Financial Services Have?
Both IC Markets and Forex Financial Services are well known and trusted. It is really important to work with a broker that is reputable 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 users IC Markets and Forex Financial Services are working with
Broker | IC Markets | Forex Financial Services |
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Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Forex Financial Services Accept?
IC Markets and Forex Financial Services 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 Forex Financial Services
What Can You Trade With IC Markets and Forex Financial Services?
IC Markets offers 232 trading instruments whilst Forex Financial Services offers 106.
Below you will find a full breakdown of what both IC Markets and Forex Financial Services offer.
IC Markets Review
IC Markets vs Forex Financial Services:
Table Of Contents
- Compare IC Markets vs Forex Financial Services
- Benefits of IC Markets and Forex Financial Services Compared
- Forex Financial Services and IC Markets Mobile App Comparison
- IC Markets vs Forex Financial Services - Awards
- IC Markets vs Forex Financial Services - Frequently Asked Questions
- What is the minimum deposit for Forex Financial Services or IC Markets
- IC Markets vs Forex Financial Services - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Forex Financial Services
- What Languages Do IC Markets And Forex Financial Services Support?
- How Many Clients Do IC Markets and Forex Financial Services Have?
- What Payment Methods Do IC Markets and Forex Financial Services Accept?
- What Can You Trade With IC Markets and Forex Financial Services?