IC Markets vs Nabtrade, for 2023
IC Markets Rating
Losses can exceed deposits
Your capital is at risk
IC Markets vs Nabtrade Guide
Read our In-Depth IC Markets vs Nabtrade Review - 2023 Update
This IC Markets vs Nabtrade review has been updated for 2023 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 Nabtrade review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Nabtrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Nabtrade
Every online trading system will have a few ups and downs, and no IC Markets and Nabtrade review would be complete without showing both sides. Compare IC Markets and Nabtrade to understand how they line 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.
So you are looking for a professional broker and are choosing between IC Markets or Nabtrade. Which one is best in 2023?
This IC Markets vs Nabtrade comparison contains the latest information so you can easily compare Nabtrade against IC Markets.
If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Nabtrade are just two such trading platforms which will take you and your investment to great heights. It is important that you compare IC Markets vs Nabtrade before you trust them with your cash.
Our IC Markets vs Nabtrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Nabtrade side by side.
Our full IC Markets vs Nabtrade Review covers everything you need to learn about trading with either IC Markets or Nabtrade. A good broker can multiply your initial investments and give you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire method to guarantee profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and Nabtrade are both brokers which have paved their way successfully to the brokerage world. Within this review, we've attempted to collate some of the vital facets of both IC Markets and Nabtrade. This review can help you to know whether either Nabtrade or IC Markets is a fantastic fit for your investments or not. We've attempted to breakdown all the qualities and fees for your advantage.
Benefits of IC Markets and Nabtrade Compared
IC Markets has a minimum deposit of $200 while Nabtrade offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Nabtrade 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 Nabtrade has around 232 available.
The more financial instruments you can trade on the IC Markets and Nabtrade 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 Nabtrade.
IC Markets and Nabtrade Contact Details
Being able to contact a broker simply is important. IC Markets and Nabtrade have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000|
|IC Markets Twitter Account||Nabtrade Twitter Account|
|IC Markets Facebook Page||Nabtrade Facebook Page|
|IC Markets Instagram Account||Nabtrade Instagram Account|
|IC Markets LinkedIn Page||Nabtrade LinkedIn Page|
|YouTube||IC Markets YouTube Channel||Nabtrade YouTube Channel|
|Find Out More||
Nabtrade 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 Nabtrade will examine whether their mobile app meets all our requirements.
We rate overall 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.
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 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 Nabtrade - Awards
IC Markets have won numerous industry awards over the time they have been running as an online broker. We detail the most recognised awards for IC Markets below.
|At the time of writing this Nabtrade review, and despite Nabtrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
IC Markets vs Nabtrade - Frequently Asked Questions
IC Markets vs Nabtrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Nabtrade was founded in 2008 and has its head office in USA.
What is the minimum deposit for Nabtrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Nabtrade is $100.
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 Nabtrade are a good option.
IC Markets vs Nabtrade - 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).
Nabtrade is regulated by Unregulated.
Nabtrade is unregulated but IC Markets has a powerful collection of rules for ensuring honest trading onto its own platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
Compare IC Markets vs Nabtrade Commission And Fees
IC Markets and Nabtrade are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of penalties for this objective.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you are paying a spread, financing rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or Nabtrade charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and Nabtrade are comparatively greater. Consequently, you're charged more for non-trading actions in your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This IC Markets vs Nabtrade review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Nabtrade
|Find Out More||
What Languages Do IC Markets And Nabtrade Support?
Being able to talk completely with your online platform is a key element when comparing brokers to find your perfect 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 forex.
Below you can find the languages that both IC Markets and Nabtrade support.
|Languages Supported||English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more||English, and Chinese|
|Find Out More||
How Many Clients Do IC Markets and Nabtrade Have?
Both IC Markets and Nabtrade are well known and trusted. It is really important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers IC Markets and Nabtrade are working with
|Clients / Users||60,000+||10,000+|
|Find Out More||
What Payment Methods Do IC Markets and Nabtrade Accept?
IC Markets and Nabtrade 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 Nabtrade
|Find Out More||
What Can You Trade With IC Markets and Nabtrade?
IC Markets offers 232 trading instruments and Nabtrade offers 253.
Below you will find a full breakdown of what both IC Markets and Nabtrade offer.
Compare IC Markets To All Other Brokers
Compare Nabtrade To All Other Brokers
IC Markets Review
IC Markets vs Nabtrade:
Table Of Contents
- Compare IC Markets vs Nabtrade
- Benefits of IC Markets and Nabtrade Compared
- Nabtrade and IC Markets Mobile App Comparison
- IC Markets vs Nabtrade - Awards
- IC Markets vs Nabtrade - Frequently Asked Questions
- What is the minimum deposit for Nabtrade or IC Markets
- IC Markets vs Nabtrade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Nabtrade
- What Languages Do IC Markets And Nabtrade Support?
- How Many Clients Do IC Markets and Nabtrade Have?
- What Payment Methods Do IC Markets and Nabtrade Accept?
- What Can You Trade With IC Markets and Nabtrade?