IC Markets vs Trade360, Updated for 2024

Compare IC Markets vs Trade360

Every trading platforms feature a few ups and downs, and a complete analysis of IC Markets vs Trade360 should not be complete without adopting an objective perspective.

Assess Trade360 and IC Markets to get a better understanding of just how they compare against one another prior to you create an account. Conducting a comprehensive comparison will place factors into perspective in order that you remain aware of the expectations.

So you are looking for a broker and are choosing between IC Markets or Trade360. Which one is best in 2024?

This IC Markets vs Trade360 comparison contains the most recent information so you can easily compare Trade360 against IC Markets.

If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll get adept at all of the concepts of broker since you keep trading. For starters, you need to choose the ideal broker who'll be transparent with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and Trade360 are two such stages that will take you and your investment into great heights. It is important that you compare IC Markets vs Trade360 before you trust them with your money.

Our IC Markets vs Trade360 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Trade360 side by side.

Our full IC Markets vs Trade360 Review covers all you need to know about trading with either IC Markets or Trade360. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.

There is no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.

IC Markets and Trade360 are both brokers that have paved their way successfully to the brokerage world. Within this review, we have tried to collate some of the vital facets of both IC Markets and Trade360. This review can help you to understand whether either Trade360 or IC Markets is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Benefits of IC Markets and Trade360 Compared

IC Markets offers a minimum deposit of $200 while Trade360 offers a $1 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Trade360 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 Trade360 has around 232 available.

The more financial instruments you can trade on the IC Markets and Trade360 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 should never want to miss out on a trading opportunity due to the limitations of IC Markets or Trade360.

IC Markets and Trade360 Contact Details

Being able to contact an online trading platform through many ways is a sign of a professional broker. IC Markets and Trade360 have the following contact details and social medias that you can use.

Trade360 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 Trade360 we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of the apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

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 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 Trade360 - Awards

IC Markets vs Trade360 - Frequently Asked Questions

IC Markets vs Trade360 - Headquarters And Year Of Founding

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

Trade360 was founded in 2013 and has its headquaters in Cyprus.

What is the minimum deposit for Trade360 or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Trade360 is $1.

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 Trade360 are a good choice.

IC Markets vs Trade360 - 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).

Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both IC Markets and Trade360 have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs Trade360 Commission And Fees

IC Markets and Trade360 are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the amount of clients they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 different types of fees for this purpose.

The first kind of charges 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 fees. In these instances, you're paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people who are billed when you hold a leveraged position for more than a day.

Aside from trading fees, online agents 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.

Generally, neither IC Markets or Trade360 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 lesser sum. This is beneficial for people who regularly trade, for example weekly or daily trading.

However, non-trading fees charged by IC Markets and Trade360 are comparatively greater. As a result, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of resources.

This IC Markets vs Trade360 review for 2024 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And Trade360

What Languages Do IC Markets And Trade360 Support?

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

Below you will find all the languages that both IC Markets and Trade360 offer communication in.

How Many Clients Do IC Markets and Trade360 Have?

Both IC Markets and Trade360 are well known and trusted. It is really important to work with an online broker that is professional 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 customers IC Markets and Trade360 are active on their platform

What Payment Methods Do IC Markets and Trade360 Accept?

IC Markets and Trade360 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 Trade360

What Can You Trade With IC Markets and Trade360?

IC Markets offers 232 trading instruments while Trade360 offers 100.

Below you will find a full breakdown of what both IC Markets and Trade360 offer.