IC Markets vs PaxForex, Who's The Best?

Compare IC Markets vs PaxForex

Each trading platforms has a few pros and cons, and any comprehensive analysis of IC Markets vs PaxForex would not be regarded as thorough without adopting a balanced approach.

Assess PaxForex and IC Markets to understand the way these platforms stack up against each other prior to you choose to make an account. Conducting a comprehensive comparison helps to place factors into perspective in order that you remain cognizant of the expectations.

So you are looking for a professional broker and are choosing between IC Markets or PaxForex. Which one is best in 2025?

This IC Markets vs PaxForex comparison contains the most recent information so you can easily compare PaxForex against IC Markets.

If you're a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you have to select the ideal broker who'll be clear with you always.

In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and PaxForex are just two such stages that will take you and your investment into great heights. It is crucial that you compare IC Markets vs PaxForex before you trust them with your money.

Our IC Markets vs PaxForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and PaxForex side by side.

Our full IC Markets vs PaxForex Review covers all you will need to learn about trading using either IC Markets or PaxForex. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment goals.

There is no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can put your investments at risk.

IC Markets and PaxForex are both brokers which have paved their way successfully to the broker world. In this review, we have attempted to collate some of the vital facets of both IC Markets and PaxForex. This review will allow you to understand whether either PaxForex 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 advantage.

Benefits of IC Markets and PaxForex Compared

IC Markets offers a minimum deposit of $200 while PaxForex has a $10 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and PaxForex 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 PaxForex has around 232 on their platform.

The more financial instruments you can trade on the IC Markets and PaxForex 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 PaxForex.

IC Markets and PaxForex Contact Details

Being able to contact a broker easily is vital. IC Markets and PaxForex have the following contact details and social medias that you can use.

PaxForex 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.

In this part of our comparison of IC Markets and PaxForex 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 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 PaxForex - Awards

IC Markets vs PaxForex - Frequently Asked Questions

IC Markets vs PaxForex - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its head office in Australia.

PaxForex was founded in 2011 and has its headquaters in Saint Vincent and the Grenadines.

What is the minimum deposit for PaxForex or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for PaxForex is $10.

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 PaxForex are a good choice.

IC Markets vs PaxForex - 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).

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

Both IC Markets and PaxForex have a strong collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).

As per their privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare IC Markets vs PaxForex Commission And Fees

IC Markets and PaxForex are online broker platforms, and most online brokerages charge lower fees 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 amount of clients they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this objective.

The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you're spending a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than daily.

Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or PaxForex charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who often trade, such as weekly or daily trading.

But, non-trading fees billed by IC Markets and PaxForex are comparatively lower. Consequently, you're charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not about the purchase and sale of assets.

This IC Markets vs PaxForex review for 2025 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And PaxForex

What Languages Do IC Markets And PaxForex Support?

Being able to talk easily with your trading broker is a key part of comparing trading platforms to find the best broker. 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 forex.

Here you will find all the languages that both IC Markets and PaxForex offer communication in.

How Many Clients Do IC Markets and PaxForex Have?

Both IC Markets and PaxForex are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.

Below you will find details of how many users IC Markets and PaxForex have

What Payment Methods Do IC Markets and PaxForex Accept?

IC Markets and PaxForex 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 PaxForex

What Can You Trade With IC Markets and PaxForex?

IC Markets offers 232 trading instruments and PaxForex offers 188.

Below you will find a full breakdown of what both IC Markets and PaxForex offer.