IC Markets vs Ingot Brokers, 2023 Update

Compare IC Markets vs Ingot Brokers

Every trading platforms will have a few pros and cons, so a complete analysis of IC Markets vs Ingot Brokers should not be regarded as thorough without adopting an objective perspective.

Compare IC Markets and Ingot Brokers to get a better understanding of the way these platforms line up to one another before you decide to create an account. A side-by-side comparison helps to bring aspects into perspective in order that you're cognizant of the expectations.

So you are looking for a reputable broker and are choosing between IC Markets or Ingot Brokers. Which one is best in 2023?

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

If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get adept at all the concepts of brokerage since you continue trading. For starters, you have to choose the right agent who will be clear with you constantly.

In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and Ingot Brokers are just two such platforms which will take you along with your investment to great heights. It is crucial that you compare IC Markets vs Ingot Brokers before you trust them with your money.

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

Our entire IC Markets vs Ingot Brokers Review covers all you need to learn about trading with either IC Markets or Ingot Brokers. A good agent can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.

There is no sure-fire way to ensure profits; therefore, you should carefully assess your broker before you choose them. It is a frequent misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.

IC Markets and Ingot Brokers are both brokers which have found their way successfully into the broker world. In this review, we've tried to collate some of the important aspects of both IC Markets and Ingot Brokers. This review will help you to know whether either Ingot Brokers or IC Markets is a good fit for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.

Benefits of IC Markets and Ingot Brokers Compared

IC Markets has a minimum deposit of $200 while Ingot Brokers has a $1000 minimum deposit.

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

The more financial instruments you can trade on the IC Markets and Ingot Brokers 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 Ingot Brokers.

IC Markets and Ingot Brokers Contact Details

Being able to contact your broker through many ways is vital. IC Markets and Ingot Brokers have the following contact details and social medias that you can use.

Ingot Brokers 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 Ingot Brokers 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 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 Ingot Brokers - Awards

IC Markets vs Ingot Brokers - Frequently Asked Questions

IC Markets vs Ingot Brokers - Headquarters And Year Of Founding

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

Ingot Brokers was founded in 2004 and has its head office in Australia.

What is the minimum deposit for Ingot Brokers or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Ingot Brokers is $1000.

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 Ingot Brokers are a good option.

IC Markets vs Ingot Brokers - 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).

Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC).

Both IC Markets and Ingot Brokers have a powerful set of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

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

Compare IC Markets vs Ingot Brokers Commission And Fees

IC Markets and Ingot Brokers are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the amount of clients they have.

However, this does not necessarily 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 different types of fees for this objective.

The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're paying a spread, funding speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions can be fixed or determined by 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 maintain a leveraged position for more than a day.

Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.

In general, neither IC Markets or Ingot Brokers charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, for example weekly or daily trading.

However, non-trading fees charged by IC Markets and Ingot Brokers are relatively lower. As a result, you're billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of assets.

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

Compare Broker Fees For IC Markets And Ingot Brokers

What Languages Do IC Markets And Ingot Brokers Support?

Being able to communicate completely with your online broker is a key element when comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.

Here you will find the languages that both IC Markets and Ingot Brokers offer communication in.

How Many Clients Do IC Markets and Ingot Brokers Have?

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

Below you will find details of how many clients IC Markets and Ingot Brokers are active on their platform

What Payment Methods Do IC Markets and Ingot Brokers Accept?

IC Markets and Ingot Brokers 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 Ingot Brokers

What Can You Trade With IC Markets and Ingot Brokers?

IC Markets offers 232 trading instruments whilst Ingot Brokers offers 100.

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