IC Markets vs Trust Capital TC, for 2023
Read our In-Depth IC Markets vs Trust Capital TC Review - Updated for 2023
This IC Markets vs Trust Capital TC 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 Trust Capital TC review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Trust Capital TC Excluded Countries
United States of America, Democratic Peoples Republic of Korea, and Iran.
Compare IC Markets vs Trust Capital TC
Every online trading platform will have a few ups and downs, and no IC Markets and Trust Capital TC review would be complete without having a balanced approach. Compare IC Markets and Trust Capital TC 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 Trust Capital TC. Who should you choose?
This IC Markets vs Trust Capital TC comparison contains the most recent information so you can easily compare Trust Capital TC against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to select the ideal broker who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and Trust Capital TC are just two such trading platforms which will take you along with your investment to great heights. It's important to compare IC Markets vs Trust Capital TC before you trust them with your cash.
Our IC Markets vs Trust Capital TC comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Trust Capital TC side by side.
Our entire IC Markets vs Trust Capital TC Review covers all you will need to know about trading with either IC Markets or Trust Capital TC. A good agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investment goals.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
IC Markets and Trust Capital TC are both brokers which have paved their way successfully to the broker world. In this review, we have attempted to collate a number of the vital aspects of both IC Markets and Trust Capital TC. This review can allow you to understand whether either Trust Capital TC or IC Markets is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of IC Markets and Trust Capital TC Compared
IC Markets offers a minimum deposit of $200 while Trust Capital TC offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Trust Capital TC 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 Trust Capital TC has around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and Trust Capital TC 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 Trust Capital TC.
IC Markets and Trust Capital TC Contact Details
Being able to contact an online trading platform easily is important. IC Markets and Trust Capital TC have the following contact details and social medias that you can use.
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| Broker | IC Markets | Trust Capital TC |
| Telephone Number | +248 467 19 76 | +357 25 378899 |
| support@icmarkets.com | info@trustcapitaltc.com | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 23 Olympion Street, Libra Tower, Second Floor Office 202, 3035 Limassol, Cyprus |
| IC Markets Twitter Account | Trust Capital TC Twitter Account | |
| IC Markets Facebook Page | Trust Capital TC Facebook Page | |
| IC Markets Instagram Account | Trust Capital TC Instagram Account | |
| IC Markets LinkedIn Page | Trust Capital TC LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Trust Capital TC YouTube Channel |
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Trust Capital TC 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 Trust Capital TC 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 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. 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 Trust Capital TC - Awards
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| Broker | IC Markets | Trust Capital TC |
| Awards |
IC Markets have won a lot of industry awards over the years they have been operating as an online broker. We list the most notable awards for IC Markets here.
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At the time of writing this Trust Capital TC review, and despite Trust Capital TC’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Trust Capital TC - Frequently Asked Questions
IC Markets vs Trust Capital TC - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Trust Capital TC was founded in 2016 and has its headquaters in Cyprus.
What is the minimum deposit for Trust Capital TC or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Trust Capital TC is $250.
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 Trust Capital TC are a good option.
IC Markets vs Trust Capital TC - 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).
Trust Capital TC is regulated by CySEC (no. 369/18).
Both IC Markets and Trust Capital TC have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Trust Capital TC Commission And Fees
IC Markets and Trust Capital TC are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the number 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 various services to make money. There are mainly 3 different types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people who are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or Trust Capital TC charge high fees compared to other online brokers. 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 exchange, such as daily or weekly trading.
However, non-trading fees billed by IC Markets and Trust Capital TC are comparatively greater. As a result, you're billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.
This IC Markets vs Trust Capital TC review for 2023 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Trust Capital TC
What Languages Do IC Markets And Trust Capital TC Support?
Being able to chat easily with your trading platform is a key part of comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you will find the languages that both IC Markets and Trust Capital TC support.
How Many Clients Do IC Markets and Trust Capital TC Have?
Both IC Markets and Trust Capital TC are well established with their customer base. It is important to work with an online 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 clients IC Markets and Trust Capital TC are active on their platform
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| Broker | IC Markets | Trust Capital TC |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Trust Capital TC Accept?
IC Markets and Trust Capital TC 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 Trust Capital TC
What Can You Trade With IC Markets and Trust Capital TC?
IC Markets offers 232 trading instruments and Trust Capital TC offers 49.
Below you will find a full breakdown of what both IC Markets and Trust Capital TC offer.
Compare IC Markets To All Other Brokers
Compare Trust Capital TC To All Other Brokers