IC Markets vs Go Markets, 2023 Update

Compare IC Markets vs Go Markets

All platforms for online trading feature a few pros and cons, and any comprehensive IC Markets and Go Markets review would not be regarded as thorough without having an objective perspective.

Assess IC Markets and Go Markets in order to understand the way these platforms stack up to each other prior to you make an account. A comparative analysis will bring aspects in perspective so that you remain aware of the expectations.

So you are looking for an online trading platform and are choosing between IC Markets or Go Markets. Which one is best in 2023?

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

If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you need to choose the right agent who'll be clear with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Go Markets are two such companies that will take you along with your investment to great heights. It's crucial to compare IC Markets vs Go Markets before you trust them with your money.

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

Our entire IC Markets vs Go Markets Review covers everything you need to learn about trading using either IC Markets or Go Markets. A good agent can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investment objectives.

There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

IC Markets and Go Markets are both brokers that have forged their way successfully into the brokerage world. Within this review, we have tried to collate some of the important facets of both IC Markets and Go Markets. This review will allow you to understand whether either Go Markets or IC Markets is a fantastic fit for your own investments or not. We've attempted to breakdown all the features and fees for your advantage.

Benefits of IC Markets and Go Markets Compared

IC Markets has a minimum deposit of $200 while Go Markets offers a $1 minimum deposit.

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

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

IC Markets and Go Markets Contact Details

Being able to contact a broker easily is vital. IC Markets and Go Markets have the following contact details and social medias that you can use.

Go Markets 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 Go Markets 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 Go Markets - Awards

IC Markets vs Go Markets - Frequently Asked Questions

IC Markets vs Go Markets - Headquarters And Year Of Founding

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

Go Markets was founded in 2009 and has its head office in Australia.

What is the minimum deposit for Go Markets or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Go Markets is $1.

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 Go Markets are a good choice.

IC Markets vs Go Markets - 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).

Go Markets is regulated by Australian Securities and Investment Commission (ASIC).

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

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

Compare IC Markets vs Go Markets Commission And Fees

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

But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of fees for this purpose.

The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you hold a leveraged position for more than daily.

Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.

Generally, neither IC Markets or Go Markets charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often trade, such as daily or weekly trading.

But, non-trading fees billed by IC Markets and Go Markets are relatively competitive. As a result, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of assets.

This IC Markets vs Go Markets review for 2023 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And Go Markets

What Languages Do IC Markets And Go Markets Support?

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

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

How Many Clients Do IC Markets and Go Markets Have?

Both IC Markets and Go Markets are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many clients IC Markets and Go Markets are working with

What Payment Methods Do IC Markets and Go Markets Accept?

IC Markets and Go Markets 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 Go Markets

What Can You Trade With IC Markets and Go Markets?

IC Markets offers 232 trading instruments and Go Markets offers 100.

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