IC Markets vs NordFX, 2022 Update
Read our In-Depth IC Markets vs NordFX Review - Updated for 2022
This IC Markets vs NordFX 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 NordFX review 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.
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 review contains the most recent information so you can easily compare NordFX against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to select the ideal broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and NordFX are just two such trading platforms which will take you along with your investment to great heights. It's important that you compare IC Markets vs NordFX before you trust them with your cash.
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 will need to learn about trading with either IC Markets or NordFX. A good agent can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you select them. It's a common misconception that all agents are the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
IC Markets and NordFX are both brokers that have found their way successfully into the broker world. Within this review, we've attempted to collate some of the important facets of both IC Markets and NordFX. This review can help you to understand whether either NordFX or IC Markets is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and fees for your convenience.
Compare IC Markets vs NordFX
Every online trading system will have a few ups and downs, and no IC Markets and NordFX review would be complete without showing both sides. Compare IC Markets and NordFX 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.
Benefits of IC Markets and NordFX Compared
IC Markets offers a minimum deposit of $200 while NordFX offers 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 allows you to trade around 232 financial instruments while NordFX has around 232 available.
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 should never 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 a broker simply is vital. IC Markets and NordFX have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76||+91 120 433 3948|
|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||
NordFX and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing IC Markets and NordFX 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
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 NordFX - Awards
IC Markets have won several industry awards over the time they have been running as an online broker. We show the most notable awards for IC Markets below.
|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||
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 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 NordFX are a good choice.
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 powerful collection of rules for ensuring honest trading on their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs NordFX Commission And Fees
IC Markets and NordFX are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an online broker is not necessarily affected by the number of clients they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this objective.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you're paying a spread, financing rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or NordFX charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often trade, for example daily or weekly trading.
But, non-trading fees charged by IC Markets and NordFX are relatively higher. Consequently, you're charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't about the purchase and sale of assets.
This IC Markets vs NordFX review for 2022 breaks down every one 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 easily with your online broker is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading online.
Below you can find all the languages that both IC Markets and NordFX offer communication in.
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 easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers 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 while NordFX offers 116.
Below you will find a full breakdown of what both IC Markets and NordFX offer.
Compare IC Markets To All Other Brokers
Compare NordFX To All Other Brokers
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?