IC Markets vs Grand Capital, Who's Better?
Read our In-Depth IC Markets vs Grand Capital Review - Updated for 2024
Our comprehensive analysis of IC Markets and Grand Capital has been refreshed for 2024 by knowledgeable insiders with significant expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Grand Capital 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.
Compare IC Markets vs Grand Capital
Every online trading platforms feature certain advantages and disadvantages, so any comprehensive analysis of IC Markets vs Grand Capital cannnot be regarded as thorough without adopting a fair assessment.
Compare IC Markets and Grand Capital in order to understand just how these platforms stack up against one another before you choose to create an account. A comparative analysis will bring aspects in perspective so that you're informed about what to expect.
So you are looking for a broker and are choosing between IC Markets or Grand Capital. Who should you choose?
Our IC Markets vs Grand Capital comparison contains the latest information so you can easily compare Grand Capital against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the right broker who'll 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 program has the potential to generate hefty returns. IC Markets and Grand Capital are two such companies which will take you and your investment to great heights. It is crucial that you compare IC Markets vs Grand Capital until you trust them with your cash.
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 entire IC Markets vs Grand Capital Review covers everything you will need to learn about trading using either IC Markets or Grand Capital. A fantastic 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 investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your agent before you select them. It's a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and Grand Capital are both brokers which have paved their way successfully into the broker world. In this review, we've attempted to collate a number of the vital facets of both IC Markets and Grand Capital. This review will help you to know whether either Grand Capital or IC Markets is a good match for your own investments or not. We have tried to breakdown all of the features and fees for your advantage.
Benefits of IC Markets and Grand Capital Compared
IC Markets has 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 has around 232 financial instruments whilst Grand Capital allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and Grand Capital 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 never 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 through many ways is important. IC Markets and Grand Capital have the following contact details and social medias that you can use.
|+248 467 19 76
|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
|IC Markets YouTube Channel
|Grand Capital YouTube Channel
|Find Out More
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.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 Grand Capital - Awards
IC Markets have won numerous industry awards over the years they have been operating as an online broker. We detail the most notable awards for IC Markets here.
Grand Capital have won numerous industry awards over the years they have been running as an online broker. We detail the most recognised awards for Grand Capital here.
|Find Out More
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 headquaters 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 circumstances, 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 option.
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 powerful collection of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Grand Capital Commission And Fees
IC Markets and Grand Capital are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of fees for this objective.
The first kind of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're paying a spread, funding rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or Grand Capital charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by IC Markets and Grand Capital are relatively competitive. Consequently, you're billed more for non-trading activities on your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This IC Markets vs Grand Capital review for 2024 breaks down every one of the applicable 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 completely with your trading broker is a key part of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website 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 Grand Capital support.
How Many Clients Do IC Markets and Grand Capital Have?
Both IC Markets and Grand Capital are well known and trusted. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users IC Markets and Grand Capital are working with
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 while Grand Capital offers 133.
Below you will find a full breakdown of what both IC Markets and Grand Capital offer.
IC Markets Review
IC Markets vs Grand Capital:
Table Of Contents
- Compare IC Markets vs Grand Capital
- Benefits of IC Markets and Grand Capital Compared
- Grand Capital and IC Markets Mobile App Comparison
- IC Markets vs Grand Capital - Awards
- IC Markets vs Grand Capital - Frequently Asked Questions
- What is the minimum deposit for Grand Capital or IC Markets
- IC Markets vs Grand Capital - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Grand Capital
- What Languages Do IC Markets And Grand Capital Support?
- How Many Clients Do IC Markets and Grand Capital Have?
- What Payment Methods Do IC Markets and Grand Capital Accept?
- What Can You Trade With IC Markets and Grand Capital?