IC Markets vs Traders Trust, 2024 Update
IC Markets Rating
Traders Trust Rating
Losses can exceed deposits
Losses can exceed deposits
IC Markets vs Traders Trust Guide
Read our In-Depth IC Markets vs Traders Trust Review - for 2024
This IC Markets vs Traders Trust review has been revised for 2024 from industry experts with considerable financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Traders Trust does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Traders Trust Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Traders Trust
Each trading platforms has certain ups and downs, and any comprehensive review of IC Markets and Traders Trust should not be complete without having a fair assessment.
Assess IC Markets and Traders Trust in order to understand the way they stack up with one another prior to you make an account. Performing a comprehensive comparison will place factors into perspective so that you are informed about what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or Traders Trust. Which one is best in 2024?
Our IC Markets vs Traders Trust comparison contains the most recent information so you can easily compare Traders Trust against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and Traders Trust are just two such companies which will take you and your investment into great heights. It's crucial that you compare IC Markets vs Traders Trust before you trust them with your cash.
Our IC Markets vs Traders Trust comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Traders Trust side by side.
Our entire IC Markets vs Traders Trust Review covers everything you will need to learn about trading using either IC Markets or Traders Trust. A good broker can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and Traders Trust are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the vital aspects of both IC Markets and Traders Trust. This review will help you to understand whether either Traders Trust or IC Markets is a good 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 Traders Trust Compared
IC Markets offers a minimum deposit of $200 while Traders Trust has a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Traders Trust 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 Traders Trust allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and Traders Trust 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 should never want to miss out on a trading opportunity due to the limitations of IC Markets or Traders Trust.
IC Markets and Traders Trust Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. IC Markets and Traders Trust have the following contact details and social medias that you can use.
|+248 467 19 76
|Level 4, 50 Carrington Street, Sydney NSW 2000
|IC Markets Twitter Account
|Traders Trust Twitter Account
|IC Markets Facebook Page
|Traders Trust Facebook Page
|IC Markets Instagram Account
|Traders Trust Instagram Account
|IC Markets LinkedIn Page
|Traders Trust LinkedIn Page
|IC Markets YouTube Channel
|Traders Trust YouTube Channel
|Find Out More
Traders Trust 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 Traders Trust will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the 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 Traders Trust - Awards
IC Markets have won a lot of industry awards over the time they have been running as an online broker. We show the most notable awards for IC Markets here.
|At the time of writing this Traders Trust review, and despite Traders Trust’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
IC Markets vs Traders Trust - Frequently Asked Questions
IC Markets vs Traders Trust - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Traders Trust was founded in 1998 and has its head office in Cyprus.
What is the minimum deposit for Traders Trust or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Traders Trust 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 Traders Trust are a good choice.
IC Markets vs Traders Trust - 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).
Traders Trust is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA).
Both IC Markets and Traders Trust have a powerful set of rules for ensuring fair trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Traders Trust Commission And Fees
IC Markets and Traders Trust are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Traders Trust charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees billed by IC Markets and Traders Trust are relatively greater. Consequently, you're charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This IC Markets vs Traders Trust review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Traders Trust
|Find Out More
What Languages Do IC Markets And Traders Trust Support?
Being able to talk easily with your online platform is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both IC Markets and Traders Trust offer communication in.
|English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
|English, and Chinese
|Find Out More
How Many Clients Do IC Markets and Traders Trust Have?
Both IC Markets and Traders Trust are well established with their customer base. It is really important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users IC Markets and Traders Trust are working with
|Clients / Users
|Find Out More
What Payment Methods Do IC Markets and Traders Trust Accept?
IC Markets and Traders Trust 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 Traders Trust
|Find Out More
What Can You Trade With IC Markets and Traders Trust?
IC Markets offers 232 trading instruments whilst Traders Trust offers 100.
Below you will find a full breakdown of what both IC Markets and Traders Trust offer.
IC Markets Review
IC Markets vs Traders Trust:
Table Of Contents
- Compare IC Markets vs Traders Trust
- Benefits of IC Markets and Traders Trust Compared
- Traders Trust and IC Markets Mobile App Comparison
- IC Markets vs Traders Trust - Awards
- IC Markets vs Traders Trust - Frequently Asked Questions
- What is the minimum deposit for Traders Trust or IC Markets
- IC Markets vs Traders Trust - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Traders Trust
- What Languages Do IC Markets And Traders Trust Support?
- How Many Clients Do IC Markets and Traders Trust Have?
- What Payment Methods Do IC Markets and Traders Trust Accept?
- What Can You Trade With IC Markets and Traders Trust?