IC Markets vs NordFX, Who's Better?
Read our In-Depth IC Markets vs NordFX Review - for 2025
Our comprehensive analysis of IC Markets and NordFX has been refreshed for 2025 by knowledgeable insiders boasting extensive financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs NordFX does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
NordFX Excluded Countries
United States of America, Canada, Syrian Arab Republic, Sudan, Cuba, and Netherlands.
Compare IC Markets vs NordFX
Every trading platforms feature some advantages and disadvantages, and a complete IC Markets and NordFX review would not be complete without adopting a balanced approach.
Examine IC Markets and NordFX to get a better understanding of the way they stack up against each before you decide to create an account. Conducting a side-by-side comparison will put things into perspective so that you are aware of the expectations.
So you are looking for a professional broker and are choosing between IC Markets or NordFX. Who should you choose?
This IC Markets vs NordFX comparison contains the most recent information so you can easily compare NordFX against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll get adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal broker who will be clear with you always.
Within 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 create hefty returns. IC Markets and NordFX are two such companies that will take you along with your investment into great heights. It's crucial that you compare IC Markets vs NordFX before you trust them with your money.
Our IC Markets vs NordFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and NordFX side by side.
Our entire IC Markets vs NordFX Review covers all you need to know about trading with either IC Markets or NordFX. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
IC Markets and NordFX are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the vital aspects of both IC Markets and NordFX. This review will allow you to know whether either NordFX or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of IC Markets and NordFX Compared
IC Markets offers a minimum deposit of $200 while NordFX has a $10 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and NordFX 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 NordFX allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and NordFX 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 NordFX.
IC Markets and NordFX Contact Details
Being able to contact your broker through many ways is vital. IC Markets and NordFX have the following contact details and social medias that you can use.
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Broker | IC Markets | NordFX |
Telephone Number | +248 467 19 76 | +91 120 433 3948 |
support@icmarkets.com | support@nordfx.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Pot 805/103 Rue D'Auvergne, Port Vila, Vanuatu |
IC Markets Twitter Account | NordFX Twitter Account | |
IC Markets Facebook Page | NordFX Facebook Page | |
IC Markets Instagram Account | NordFX Instagram Account | |
IC Markets LinkedIn Page | NordFX LinkedIn Page | |
YouTube | IC Markets YouTube Channel | NordFX YouTube Channel |
Find Out More |
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NordFX 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 NordFX 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 the average.
It is important that any trading app has user friendly capabilities especially with the
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 NordFX - Awards
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Broker | IC Markets | NordFX |
Awards |
IC Markets have won several industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for IC Markets here.
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At the time of writing this NordFX review, and despite NordFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs NordFX - Frequently Asked Questions
IC Markets vs NordFX - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
NordFX was founded in 2008 and has its headquaters in Mauritius.
What is the minimum deposit for NordFX or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for NordFX is $10.
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 NordFX are a good option.
IC Markets vs NordFX - 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).
NordFX is regulated by VFSC (15008).
Both IC Markets and NordFX have a strong set of rules for ensuring fair trading onto their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs NordFX Commission And Fees
IC Markets and NordFX are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the number of customers 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 mainly three types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you're spending a spread, financing rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or NordFX charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by IC Markets and NordFX are comparatively higher. As a result, you're charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not about the sale and purchase of resources.
This IC Markets vs NordFX review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And NordFX
What Languages Do IC Markets And NordFX Support?
Being able to chat completely with your online broker is a key way of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you will find the languages that both IC Markets and NordFX support.
How Many Clients Do IC Markets and NordFX Have?
Both IC Markets and NordFX are well established with their client base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients IC Markets and NordFX are working with
What Payment Methods Do IC Markets and NordFX Accept?
IC Markets and NordFX 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 NordFX
What Can You Trade With IC Markets and NordFX?
IC Markets offers 232 trading instruments and NordFX offers 116.
Below you will find a full breakdown of what both IC Markets and NordFX offer.
IC Markets Review
IC Markets vs NordFX:
Table Of Contents
- Compare IC Markets vs NordFX
- Benefits of IC Markets and NordFX Compared
- NordFX and IC Markets Mobile App Comparison
- IC Markets vs NordFX - Awards
- IC Markets vs NordFX - Frequently Asked Questions
- What is the minimum deposit for NordFX or IC Markets
- IC Markets vs NordFX - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And NordFX
- What Languages Do IC Markets And NordFX Support?
- How Many Clients Do IC Markets and NordFX Have?
- What Payment Methods Do IC Markets and NordFX Accept?
- What Can You Trade With IC Markets and NordFX?