IC Markets vs Grand Capital, Updated for 2022
Read our In-Depth IC Markets vs Grand Capital Review - Updated for 2022
This IC Markets vs Grand Capital review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Grand Capital review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Grand Capital Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between IC Markets or Grand Capital. Which one is best in 2022?
Our IC Markets vs Grand Capital review contains the most recent information so you can easily compare Grand Capital against IC Markets.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You will 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 constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and Grand Capital are two such companies which will take you along with your investment to great heights. It is important to compare IC Markets vs Grand Capital until you trust them with your money.
Our IC Markets vs Grand Capital comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Grand Capital side by side.
Our full IC Markets vs Grand Capital Review covers everything you need to know about trading with either IC Markets or Grand Capital. A fantastic agent can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Grand Capital are both brokers that have paved their way successfully into the brokerage world. Within this review, we have attempted to collate a number of the vital aspects of both IC Markets and Grand Capital. This review will help you to understand whether either Grand Capital or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.
Compare IC Markets vs Grand Capital
Every online trading system will have a few ups and downs, and no IC Markets and Grand Capital review would be complete without showing both sides. Compare IC Markets and Grand Capital to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and Grand Capital Compared
IC Markets offers a minimum deposit of $200 while Grand Capital offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Grand Capital 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 Grand Capital has around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Grand Capital 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 Grand Capital.
IC Markets and Grand Capital Contact Details
Being able to contact your broker easily is vital. IC Markets and Grand Capital have the following contact details and social medias that you can use.
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| Broker | IC Markets | Grand Capital |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | support@grandcapital.net | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 62-64 Centaurus Rd, Windhoek, Khomas, NA |
| IC Markets Twitter Account | Grand Capital Twitter Account | |
| IC Markets Facebook Page | Grand Capital Facebook Page | |
| IC Markets Instagram Account | Grand Capital Instagram Account | |
| IC Markets LinkedIn Page | Grand Capital LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Grand Capital YouTube Channel |
| Find Out More |
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Grand Capital 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 Grand Capital will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than 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 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 Grand Capital - Awards
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| Broker | IC Markets | Grand Capital |
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IC Markets have won a lot of industry awards over the years they have been running as an online broker. We list the most recognised awards for IC Markets below.
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Grand Capital have won many industry awards over the time they have been running as an online trading platform. We list the most recognised awards for Grand Capital here.
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| Find Out More |
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IC Markets vs Grand Capital - Frequently Asked Questions
IC Markets vs Grand Capital - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Grand Capital was founded in 2019 and has its head office in Russia.
What is the minimum deposit for Grand Capital or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Grand Capital is $250.
Depending on your needs, 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 Grand Capital are a good choice.
IC Markets vs Grand Capital - 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).
Grand Capital is regulated by NFA, NFA ID: 0540363.
Both IC Markets and Grand Capital have a strong set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Grand Capital Commission And Fees
IC Markets and Grand Capital are online brokerage platforms, and most 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 better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Grand Capital charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees charged by IC Markets and Grand Capital are relatively greater. Consequently, you are billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not about the sale and purchase of resources.
This IC Markets vs Grand Capital review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Grand Capital
What Languages Do IC Markets And Grand Capital Support?
Being able to communicate easily with your online broker is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both IC Markets and Grand Capital support.
How Many Clients Do IC Markets and Grand Capital Have?
Both IC Markets and Grand Capital are well established with their client base. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users IC Markets and Grand Capital are active on their platform
What Payment Methods Do IC Markets and Grand Capital Accept?
IC Markets and Grand Capital 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 Grand Capital
What Can You Trade With IC Markets and Grand Capital?
IC Markets offers 232 trading instruments whilst Grand Capital offers 133.
Below you will find a full breakdown of what both IC Markets and Grand Capital offer.
Compare IC Markets To All Other Brokers
Compare Grand Capital To All Other Brokers
