IC Markets vs Trading212, Updated for 2023
Read our In-Depth IC Markets vs Trading212 Review - for 2023
This IC Markets vs Trading212 review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Trading212 review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Trading212 Excluded Countries
Canada, United States of America, and Switzerland.
Compare IC Markets vs Trading212
Every online trading platform will have some pros and cons, and no IC Markets and Trading212 review would be complete without having a balanced approach. Compare IC Markets and Trading212 to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between IC Markets or Trading212. Who is better in 2023?
This IC Markets vs Trading212 comparison contains the latest information so you can easily compare Trading212 against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get adept at all of the concepts of broker since you continue trading. For starters, you have to select the right agent who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Trading212 are two such stages which will take you and your investment to great heights. It's crucial that you compare IC Markets vs Trading212 until you trust them with your cash.
Our IC Markets vs Trading212 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Trading212 side by side.
Our entire IC Markets vs Trading212 Review covers everything you will need to learn about trading with either IC Markets or Trading212. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully assess your agent before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and Trading212 are both brokers which have forged their way successfully to the brokerage world. In this review, we have tried to collate some of the vital aspects of both IC Markets and Trading212. This review can help you to understand whether either Trading212 or IC Markets is a fantastic fit for your own investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Benefits of IC Markets and Trading212 Compared
IC Markets has a minimum deposit of $200 while Trading212 has a $1 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Trading212 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 Trading212 allows you to trade around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Trading212 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or Trading212.
IC Markets and Trading212 Contact Details
Being able to contact your broker simply is a sign of a professional broker. IC Markets and Trading212 have the following contact details and social medias that you can use.
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| Broker | IC Markets | Trading212 |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | info@trading212.com | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 107 Cheapside, London EC2V 6DN |
| IC Markets Twitter Account | Trading212 Twitter Account | |
| IC Markets Facebook Page | Trading212 Facebook Page | |
| IC Markets Instagram Account | Trading212 Instagram Account | |
| IC Markets LinkedIn Page | Trading212 LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Trading212 YouTube Channel |
| Find Out More |
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Trading212 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 Trading212 will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both 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
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 Trading212 - Awards
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| Broker | IC Markets | Trading212 |
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IC Markets have won several industry awards over the time they have been operating as an online broker. We show the most recognised awards for IC Markets below.
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Trading212 have won many industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for Trading212 below.
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IC Markets vs Trading212 - Frequently Asked Questions
IC Markets vs Trading212 - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Trading212 was founded in 2006 and has its headquaters in UK.
What is the minimum deposit for Trading212 or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Trading212 is $1.
Depending on your current situation, 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 Trading212 are a good option.
IC Markets vs Trading212 - 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).
Trading212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).
Both IC Markets and Trading212 have a powerful set of rules for ensuring fair trading onto their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Trading212 Commission And Fees
IC Markets and Trading212 are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're paying a spread, funding rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither IC Markets or Trading212 charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often exchange, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and Trading212 are relatively competitive. Consequently, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.
This IC Markets vs Trading212 review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Trading212
What Languages Do IC Markets And Trading212 Support?
Being able to communicate completely with your trading broker is a key way of comparing online brokers to find the best 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 the languages that both IC Markets and Trading212 offer communication in.
How Many Clients Do IC Markets and Trading212 Have?
Both IC Markets and Trading212 are well known and trusted. It is 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 clients IC Markets and Trading212 have
What Payment Methods Do IC Markets and Trading212 Accept?
IC Markets and Trading212 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 Trading212
What Can You Trade With IC Markets and Trading212?
IC Markets offers 232 trading instruments while Trading212 offers 10000.
Below you will find a full breakdown of what both IC Markets and Trading212 offer.
Compare IC Markets To All Other Brokers
Compare Trading212 To All Other Brokers