IC Markets vs Personal Capital, Updated for 2023

Compare IC Markets vs Personal Capital

Every trading platforms feature a few pros and cons, so any comprehensive IC Markets and Personal Capital review cannnot be complete without having an objective perspective.

Compare IC Markets and Personal Capital in order to understand just how they stack up to each other prior to you choose to create an account. Performing a side-by-side comparison will put things in perspective so that you remain aware of the expectations.

So you are looking for a broker and are choosing between IC Markets or Personal Capital. Who is better in 2023?

This IC Markets vs Personal Capital comparison contains the latest information so you can easily compare Personal Capital against IC Markets.

If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You will acquire adept at all of the concepts of broker since you continue trading. For starters, you need to select the right broker who'll be transparent with you always.

In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Personal Capital are just two such companies that will take you along with your investment to great heights. It is crucial to compare IC Markets vs Personal Capital before you trust them with your cash.

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

Our full IC Markets vs Personal Capital Review covers everything you will need to learn about trading using either IC Markets or Personal Capital. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.

There is no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all brokers will be the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.

IC Markets and Personal Capital are both brokers that have forged their way successfully into the broker world. Within this review, we've attempted to collate some of the important aspects of both IC Markets and Personal Capital. This review will allow you to know whether either Personal Capital or IC Markets is a fantastic fit for your own investments or not. We've attempted to breakdown all of the features and fees for your convenience.

Benefits of IC Markets and Personal Capital Compared

IC Markets offers a minimum deposit of $200 while Personal Capital offers a $100000 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Personal Capital 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 while Personal Capital has around 232 financial instruments available.

The more instruments you can trade on the IC Markets and Personal Capital 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 Personal Capital.

IC Markets and Personal Capital Contact Details

Being able to contact a broker through many ways is important. IC Markets and Personal Capital have the following contact details and social medias that you can use.

Personal Capital 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 Personal Capital we'll check whether either of their mobile apps tick all the boxes.

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

Although most brokers do OK in this area, there are some bad apples out there. 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 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 Personal Capital - Awards

IC Markets vs Personal Capital - Frequently Asked Questions

IC Markets vs Personal Capital - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its headquaters in Australia.

Personal Capital was founded in 2008 and has its head office in USA.

What is the minimum deposit for Personal Capital or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Personal Capital is $100000.

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 Personal Capital are a good option.

IC Markets vs Personal Capital - 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).

Personal Capital is regulated by Unregulated.

Personal Capital is unregulated but IC Markets has a strong set of rules for ensuring fair trading onto its own platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).

In accordance with their individual privacy regulation, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs Personal Capital Commission And Fees

IC Markets and Personal Capital are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.

However, 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 types of penalties for this objective.

The first kind of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or Personal Capital charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.

But, non-trading fees billed by IC Markets and Personal Capital are relatively higher. Consequently, you are charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.

This IC Markets vs Personal Capital review for 2023 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And Personal Capital

What Languages Do IC Markets And Personal Capital Support?

Being able to chat easily with your trading platform 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 will find all the languages that both IC Markets and Personal Capital offer communication in.

How Many Clients Do IC Markets and Personal Capital Have?

Both IC Markets and Personal Capital are well established with their customer base. It is important to work with a 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 Personal Capital have

What Payment Methods Do IC Markets and Personal Capital Accept?

IC Markets and Personal Capital 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 Personal Capital

What Can You Trade With IC Markets and Personal Capital?

IC Markets offers 232 trading instruments whilst Personal Capital offers 277.

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