IC Markets vs Skilling, Updated for 2025

Compare IC Markets vs Skilling

Every platforms for online trading will have certain pros and cons, and any comprehensive analysis of IC Markets vs Skilling should not be regarded as thorough without adopting a balanced approach.

Assess Skilling and IC Markets in order to understand how these platforms stack up to one another before you make an account. A side-by-side comparison helps to place factors in perspective to ensure that you're cognizant of what you should anticipate.

So you are looking for a professional broker and are choosing between IC Markets or Skilling. Who should you choose?

Our IC Markets vs Skilling comparison contains the latest information so you can easily compare Skilling against IC Markets.

If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you have to select the right broker who'll be transparent with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IC Markets and Skilling are two such companies which will take you along with your investment into great heights. It's crucial to compare IC Markets vs Skilling before you trust them with your cash.

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

Our full IC Markets vs Skilling Review covers all you will need to know about trading using either IC Markets or Skilling. A good broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investment objectives.

There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.

IC Markets and Skilling are both brokers which have found their way successfully to the brokerage world. Within this review, we've attempted to collate some of the important facets of both IC Markets and Skilling. This review will help you to understand whether either Skilling or IC Markets is a good fit for your investments or not. We have attempted to breakdown all the features and fees for your convenience.

Benefits of IC Markets and Skilling Compared

IC Markets offers a minimum deposit of $200 while Skilling offers a $100 minimum deposit.

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

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

IC Markets and Skilling Contact Details

Being able to contact your broker simply is important. IC Markets and Skilling have the following contact details and social medias that you can use.

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

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

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 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 Skilling - Awards

IC Markets vs Skilling - Frequently Asked Questions

IC Markets vs Skilling - Headquarters And Year Of Founding

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

Skilling was founded in 2016 and has its headquaters in Cyprus.

What is the minimum deposit for Skilling or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Skilling is $100.

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 Skilling are a good option.

IC Markets vs Skilling - 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).

Skilling is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042.

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

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

Compare IC Markets vs Skilling Commission And Fees

IC Markets and Skilling are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of clients they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of fees for this purpose.

The first sort of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those who are charged when you hold a leveraged position for more than a day.

Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.

In general, neither IC Markets or Skilling charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly trade, for example daily or weekly trading.

However, non-trading fees charged by IC Markets and Skilling are comparatively competitive. As a result, you're billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of resources.

This IC Markets vs Skilling review for 2025 breaks down every one of the relevant non-trading charges for you in detail.

Compare Broker Fees For IC Markets And Skilling

What Languages Do IC Markets And Skilling Support?

Being able to talk completely with your online broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.

Below you will find the languages that both IC Markets and Skilling offer communication in.

How Many Clients Do IC Markets and Skilling Have?

Both IC Markets and Skilling are well established with their client base. It is important to work with an online broker that is reputable 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 users IC Markets and Skilling have

What Payment Methods Do IC Markets and Skilling Accept?

IC Markets and Skilling 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 Skilling

What Can You Trade With IC Markets and Skilling?

IC Markets offers 232 trading instruments and Skilling offers 100.

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