IC Markets vs USAA, for 2025

Compare IC Markets vs USAA

Each online trading platforms will have a few ups and downs, and a complete analysis of IC Markets vs USAA cannnot be complete without embracing a balanced approach.

Compare USAA and IC Markets to get a better understanding of how they compare against one another before you decide to open an account. Conducting a side-by-side comparison can put things in perspective to ensure that you remain cognizant of what you should anticipate.

So you are looking for a reputable broker and are choosing between IC Markets or USAA. Which one is best in 2025?

This IC Markets vs USAA comparison contains the latest information so you can easily compare USAA against IC Markets.

If you're 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 analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who will be clear with you always.

In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and USAA are just two such stages which will take you and your investment to great heights. It's important to compare IC Markets vs USAA before you trust them with your money.

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

Our entire IC Markets vs USAA Review covers everything you will need to know about trading using either IC Markets or USAA. A fantastic broker can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.

IC Markets and USAA are both brokers which have forged their way successfully to the brokerage world. In this review, we've attempted to collate some of the important facets of both IC Markets and USAA. This review will allow you to know whether either USAA or IC Markets is a fantastic match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.

Benefits of IC Markets and USAA Compared

IC Markets has a minimum deposit of $200 while USAA offers a $25 minimum deposit.

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

The more financial instruments you can trade on the IC Markets and USAA 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 seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or USAA.

IC Markets and USAA Contact Details

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

USAA 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.

This part of comparing IC Markets and USAA will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of both 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

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 USAA - Awards

IC Markets vs USAA - Frequently Asked Questions

IC Markets vs USAA - Headquarters And Year Of Founding

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

USAA was founded in 2008 and has its headquaters in United States.

What is the minimum deposit for USAA or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for USAA is $25.

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 USAA are a good option.

IC Markets vs USAA - 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).

USAA is regulated by Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA).

Both IC Markets and USAA have a powerful set of rules for ensuring fair trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs USAA Commission And Fees

IC Markets and USAA are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.

The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than a day.

Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, neither IC Markets or USAA 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 often exchange, such as daily or weekly trading.

But, non-trading fees charged by IC Markets and USAA are relatively lower. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of resources.

This IC Markets vs USAA review for 2025 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And USAA

What Languages Do IC Markets And USAA Support?

Being able to communicate easily with your online broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading forex.

Here you can find all the languages that both IC Markets and USAA support.

How Many Clients Do IC Markets and USAA Have?

Both IC Markets and USAA are well established with their client 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 clients are using their services.

Below you will find details of how many clients IC Markets and USAA are active on their platform

What Payment Methods Do IC Markets and USAA Accept?

IC Markets and USAA 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 USAA

What Can You Trade With IC Markets and USAA?

IC Markets offers 232 trading instruments and USAA offers 242.

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