IC Markets vs Valutrades, 2024 Update

Compare IC Markets vs Valutrades

Each trading platforms will have a few advantages and disadvantages, so any comprehensive review of IC Markets and Valutrades would not be complete without having an objective perspective.

Examine Valutrades and IC Markets in order to understand how these platforms line up against one another prior to you open an account. Performing a comprehensive comparison can bring aspects into perspective so that you're cognizant of the expectations.

So you are looking for a professional broker and are choosing between IC Markets or Valutrades. Who should you choose?

Our IC Markets vs Valutrades comparison contains the latest information so you can easily compare Valutrades against IC Markets.

If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.

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

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

Our entire IC Markets vs Valutrades Review covers all you need to learn about trading using either IC Markets or Valutrades. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment goals.

There is no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can put your investments in danger.

IC Markets and Valutrades are both brokers that have paved their way successfully into the broker world. Within this review, we've attempted to collate a number of the vital aspects of both IC Markets and Valutrades. This review can allow you to know whether either Valutrades or IC Markets is a good match for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.

Benefits of IC Markets and Valutrades Compared

IC Markets offers a minimum deposit of $200 while Valutrades offers a $0 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Valutrades 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 Valutrades allows you to trade around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and Valutrades 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 Valutrades.

IC Markets and Valutrades Contact Details

Being able to contact an online trading platform easily is vital. IC Markets and Valutrades have the following contact details and social medias that you can use.

Valutrades 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 Valutrades 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. 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 Valutrades - Awards

IC Markets vs Valutrades - Frequently Asked Questions

IC Markets vs Valutrades - Headquarters And Year Of Founding

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

Valutrades was founded in 2008 and has its headquaters in UK.

What is the minimum deposit for Valutrades or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Valutrades is $0.

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 Valutrades are a good option.

IC Markets vs Valutrades - 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).

Valutrades is regulated by Unregulated.

Valutrades is unregulated but IC Markets has a strong set of rules for ensuring honest trading onto its own platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).

As per their individual privacy policy, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare IC Markets vs Valutrades Commission And Fees

IC Markets and Valutrades are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the amount of clients they have.

But 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 primarily three types of fees for this objective.

The first sort of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those that are charged when you hold a leveraged position for more than daily.

Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for surgeries like depositing money, not investing for long periods, or withdrawals.

Generally, neither IC Markets or Valutrades charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.

However, non-trading fees charged by IC Markets and Valutrades are comparatively higher. Consequently, you're charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.

This IC Markets vs Valutrades review for 2024 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For IC Markets And Valutrades

What Languages Do IC Markets And Valutrades Support?

Being able to talk easily with your trading broker is a key way of comparing trading platforms to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.

Below you can find all the languages that both IC Markets and Valutrades offer communication in.

How Many Clients Do IC Markets and Valutrades Have?

Both IC Markets and Valutrades are well established with their customer base. It is really important to work with a 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 customers IC Markets and Valutrades are working with

What Payment Methods Do IC Markets and Valutrades Accept?

IC Markets and Valutrades 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 Valutrades

What Can You Trade With IC Markets and Valutrades?

IC Markets offers 232 trading instruments whilst Valutrades offers 245.

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