IC Markets vs Oinvest, Who's Better?
Read our In-Depth IC Markets vs Oinvest Review - for 2024
Our IC Markets vs Oinvest review has been revised to reflect any changes for 2024 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 comparison of IC Markets vs Oinvest 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
All platforms for online trading has some advantages and disadvantages, and any comprehensive IC Markets and Oinvest review cannnot be regarded as thorough without having a fair assessment.
Compare IC Markets and Oinvest in order to understand how they compare with one another prior to you decide to create an account. Performing a comprehensive comparison helps to put things in perspective so that you remain cognizant of what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or Oinvest. Who should you choose?
This 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 brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage as you continue 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 guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and Oinvest are two such stages which will take you and your investment to 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 all you will need to learn about trading using either IC Markets or Oinvest. A fantastic broker can multiply your first investments and give you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a common misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and Oinvest are both brokers which have found their way successfully to the broker world. In this review, we have attempted to collate some of the important facets of both IC Markets and Oinvest. This review can help you to know whether either Oinvest or IC Markets is a good fit for your investments or not. We have tried to breakdown all of the qualities and charges for your convenience.
Benefits of IC Markets and Oinvest Compared
IC Markets has 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 has around 232 financial instruments whilst Oinvest has around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and Oinvest 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 Oinvest.
IC Markets and Oinvest Contact Details
Being able to contact an online trading platform easily is important. IC Markets and Oinvest have the following contact details and social medias that you can use.
|+248 467 19 76
|+44 203 519 6460
|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
|IC Markets YouTube Channel
|Oinvest YouTube Channel
|Find Out More
Oinvest 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 Oinvest we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 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
IC Markets have won several industry awards over the time they have been running as a financial broker. We show the most recognised awards for IC Markets below.
Oinvest have won numerous industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for Oinvest here.
|Find Out More
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 head office in Australia.
Oinvest was founded in 2019 and has its head office 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 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 Oinvest are a good option.
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 powerful set of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs Oinvest Commission And Fees
IC Markets and Oinvest are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this objective.
The first kind of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you're paying a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people who are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They are charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Oinvest charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by IC Markets and Oinvest are comparatively competitive. As a result, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This IC Markets vs Oinvest review for 2024 breaks down each of the relevant 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 communicate easily with your online broker is a key element when comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you can find the languages that both IC Markets and Oinvest support.
How Many Clients Do IC Markets and Oinvest Have?
Both IC Markets and Oinvest are well established with their customer base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients 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 whilst Oinvest offers 350.
Below you will find a full breakdown of what both IC Markets and Oinvest offer.
IC Markets Review
IC Markets vs Oinvest:
Table Of Contents
- Compare IC Markets vs Oinvest
- Benefits of IC Markets and Oinvest Compared
- Oinvest and IC Markets Mobile App Comparison
- IC Markets vs Oinvest - Awards
- IC Markets vs Oinvest - Frequently Asked Questions
- What is the minimum deposit for Oinvest or IC Markets
- IC Markets vs Oinvest - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Oinvest
- What Languages Do IC Markets And Oinvest Support?
- How Many Clients Do IC Markets and Oinvest Have?
- What Payment Methods Do IC Markets and Oinvest Accept?
- What Can You Trade With IC Markets and Oinvest?