IC Markets vs PUPRIME, 2023 Update
Read our In-Depth IC Markets vs PUPRIME Review - Updated for 2023
This comprehensive analysis of IC Markets and PUPRIME has been refreshed to reflect any changes for 2023 by knowledgeable insiders with considerable expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs PUPRIME does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
Compare IC Markets vs PUPRIME
All platforms for online trading has a few ups and downs, and any comprehensive IC Markets and PUPRIME review would not be regarded as thorough without embracing an objective perspective.
Examine PUPRIME and IC Markets to understand how they line up against one another before you create an account. Conducting a comprehensive comparison will place factors into perspective in order that you are informed about what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or PUPRIME. Who is better in 2023?
This IC Markets vs PUPRIME comparison contains the most recent information so you can easily compare PUPRIME against IC Markets.
If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll get adept at all the concepts of broker since you continue trading. For starters, you need to choose the right agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and PUPRIME are two such platforms which will take you along with your investment into great heights. It is crucial to compare IC Markets vs PUPRIME until you trust them with your cash.
Our IC Markets vs PUPRIME comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and PUPRIME side by side.
Our entire IC Markets vs PUPRIME Review covers everything you will need to know about trading using either IC Markets or PUPRIME. A good agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you choose them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and PUPRIME are both brokers that have forged their way successfully into the broker world. Within this review, we have attempted to collate some of the vital facets of both IC Markets and PUPRIME. This review will help you to know whether either PUPRIME or IC Markets is a good match for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Benefits of IC Markets and PUPRIME Compared
IC Markets offers a minimum deposit of $200 while PUPRIME has a $50 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and PUPRIME 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 PUPRIME has around 232 available.
The more financial instruments you can trade on the IC Markets and PUPRIME 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 PUPRIME.
IC Markets and PUPRIME Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. IC Markets and PUPRIME have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76||+248 4671 948|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000||9A, CT House, Providence, Mahe, Seychelles.|
|IC Markets Twitter Account||PUPRIME Twitter Account|
|IC Markets Facebook Page||PUPRIME Facebook Page|
|IC Markets Instagram Account||PUPRIME Instagram Account|
|IC Markets LinkedIn Page||PUPRIME LinkedIn Page|
|YouTube||IC Markets YouTube Channel||PUPRIME YouTube Channel|
|Find Out More||
PUPRIME 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 PUPRIME 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 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 PUPRIME - Awards
IC Markets have won numerous industry awards over the time they have been operating as a financial broker. We show the most recognised awards for IC Markets here.
PUPRIME have won several industry awards over the time they have been running as an online broker. We show the most notable awards for PUPRIME below.
|Find Out More||
IC Markets vs PUPRIME - Frequently Asked Questions
IC Markets vs PUPRIME - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
PUPRIME was founded in 2015 and has its headquaters in Seychelles.
What is the minimum deposit for PUPRIME or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for PUPRIME is $50.
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 PUPRIME are a good option.
IC Markets vs PUPRIME - 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).
PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.
Both IC Markets and PUPRIME have a powerful collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs PUPRIME Commission And Fees
IC Markets and PUPRIME are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, 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 earn money. There are mainly 3 types of penalties for this purpose.
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 are charged trading fees. In these cases, you're spending a spread, financing speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or PUPRIME charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees billed by IC Markets and PUPRIME are relatively greater. As a result, you're charged more for non-trading activities in your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This IC Markets vs PUPRIME review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And PUPRIME
What Languages Do IC Markets And PUPRIME Support?
Being able to communicate easily with your online broker is a key part of comparing trading platforms 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 will find all the languages that both IC Markets and PUPRIME support.
How Many Clients Do IC Markets and PUPRIME Have?
Both IC Markets and PUPRIME are well established with their customer base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients IC Markets and PUPRIME are active on their platform
What Payment Methods Do IC Markets and PUPRIME Accept?
IC Markets and PUPRIME 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 PUPRIME
What Can You Trade With IC Markets and PUPRIME?
IC Markets offers 232 trading instruments and PUPRIME offers 1500.
Below you will find a full breakdown of what both IC Markets and PUPRIME offer.
IC Markets Review
IC Markets vs PUPRIME:
Table Of Contents
- Compare IC Markets vs PUPRIME
- Benefits of IC Markets and PUPRIME Compared
- PUPRIME and IC Markets Mobile App Comparison
- IC Markets vs PUPRIME - Awards
- IC Markets vs PUPRIME - Frequently Asked Questions
- What is the minimum deposit for PUPRIME or IC Markets
- IC Markets vs PUPRIME - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And PUPRIME
- What Languages Do IC Markets And PUPRIME Support?
- How Many Clients Do IC Markets and PUPRIME Have?
- What Payment Methods Do IC Markets and PUPRIME Accept?
- What Can You Trade With IC Markets and PUPRIME?