IC Markets vs Oinvest, Who's Better?
Read our In-Depth IC Markets vs Oinvest Review - for 2023
This IC Markets vs Oinvest 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 Oinvest review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Oinvest Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Oinvest
Every online trading system has a few ups and downs, and no IC Markets and Oinvest review would be complete without having a balanced approach. Compare IC Markets and Oinvest to understand how they stack up against each other before you create 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 reputable broker and are choosing between IC Markets or Oinvest. Which one is best in 2023?
Our IC Markets vs Oinvest comparison contains the most recent information so you can easily compare Oinvest against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and Oinvest are just two such stages that will take you and your investment into great heights. It is important to compare IC Markets vs Oinvest until you trust them with your cash.
Our IC Markets vs Oinvest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Oinvest side by side.
Our full IC Markets vs Oinvest Review covers everything you need to learn about trading using either IC Markets or Oinvest. A good agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Oinvest are both brokers which have paved their way successfully into the brokerage world. In this review, we have tried to collate a number of the vital facets of both IC Markets and Oinvest. This review will help you to know whether either Oinvest or IC Markets is a good match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.
Benefits of IC Markets and Oinvest Compared
IC Markets offers a minimum deposit of $200 while Oinvest offers a $200 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Oinvest 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 Oinvest allows you to trade around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and Oinvest 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 Oinvest.
IC Markets and Oinvest Contact Details
Being able to contact your broker simply is a sign of a professional broker. IC Markets and Oinvest have the following contact details and social medias that you can use.
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| Broker | IC Markets | Oinvest |
| Telephone Number | +248 467 19 76 | +44 203 519 6460 |
| support@icmarkets.com | support@oinvest.com | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Vyzantiou, 40 1st Floor, Flat/Office 101, Strovolos, 2064, Nicosia, Cyprus |
| IC Markets Twitter Account | Oinvest Twitter Account | |
| IC Markets Facebook Page | Oinvest Facebook Page | |
| IC Markets Instagram Account | Oinvest Instagram Account | |
| IC Markets LinkedIn Page | Oinvest LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Oinvest YouTube Channel |
| Find Out More |
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Oinvest 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 Oinvest will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
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 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 Oinvest - Awards
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| Broker | IC Markets | Oinvest |
| Awards |
IC Markets have won many industry awards over the time they have been operating as a financial broker. We list the most recognised awards for IC Markets here.
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Oinvest have won several industry awards over the years they have been operating as an online trading platform. We show the most notable awards for Oinvest here.
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| Find Out More |
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IC Markets vs Oinvest - Frequently Asked Questions
IC Markets vs Oinvest - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Oinvest was founded in 2019 and has its headquaters in South Africa.
What is the minimum deposit for Oinvest or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Oinvest is $200.
Depending on your needs, 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 Oinvest are a good choice.
IC Markets vs Oinvest - 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).
Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA).
Both IC Markets and Oinvest have a strong collection of rules for ensuring honest trading on their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Oinvest Commission And Fees
IC Markets and Oinvest 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 brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you are paying a spread, funding speed, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or Oinvest 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 sum. This can be beneficial for people who often exchange, such as daily or weekly trading.
However, non-trading fees billed by IC Markets and Oinvest are relatively greater. As a result, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of assets.
This IC Markets vs Oinvest review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Oinvest
What Languages Do IC Markets And Oinvest Support?
Being able to chat completely with your trading platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Here you will find the languages that both IC Markets and Oinvest offer communication in.
How Many Clients Do IC Markets and Oinvest Have?
Both IC Markets and Oinvest are well known and trusted. It is important to work with an online broker you can trust 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 users IC Markets and Oinvest are working with
What Payment Methods Do IC Markets and Oinvest Accept?
IC Markets and Oinvest 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 Oinvest
What Can You Trade With IC Markets and Oinvest?
IC Markets offers 232 trading instruments while Oinvest offers 350.
Below you will find a full breakdown of what both IC Markets and Oinvest offer.
Compare IC Markets To All Other Brokers
Compare Oinvest To All Other Brokers