IC Markets vs Valutrades, Who's The Best?
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IC Markets Rating
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Valutrades Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Valutrades Guide |
Read our In-Depth IC Markets vs Valutrades Review - 2023 Update
Our IC Markets vs Valutrades review has been revised to reflect any changes for 2023 from knowledgeable insiders boasting significant financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Valutrades does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Valutrades Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Valutrades
Every platforms for online trading will have some advantages and disadvantages, and any comprehensive review of IC Markets and Valutrades would not be regarded as thorough without having an objective perspective.
Assess Valutrades and IC Markets in order to understand the way they compare against each before you choose to make an account. A comprehensive comparison will bring aspects into perspective so that you remain cognizant of the expectations.
So you are looking for a broker and are choosing between IC Markets or Valutrades. Who should you choose?
Our IC Markets vs Valutrades comparison contains the most recent information so you can easily compare Valutrades 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 world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.
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 Valutrades are two such companies that will take you and your investment into great heights. It's crucial that you compare IC Markets vs Valutrades until you trust them with your cash.
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 full IC Markets vs Valutrades Review covers everything you will need to know about trading with 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 brokerage service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Valutrades are both brokers which have paved their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the important aspects of both IC Markets and Valutrades. This review can help you to know whether either Valutrades or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all the features and fees for your advantage.
Benefits of IC Markets and Valutrades Compared
IC Markets offers a minimum deposit of $200 while Valutrades has 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 has around 232 financial instruments whilst Valutrades allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and Valutrades 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 Valutrades.
IC Markets and Valutrades Contact Details
Being able to contact a broker through many ways is vital. IC Markets and Valutrades have the following contact details and social medias that you can use.
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Broker | IC Markets | Valutrades |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | Valutrades Twitter Account | |
IC Markets Facebook Page | Valutrades Facebook Page | |
IC Markets Instagram Account | Valutrades Instagram Account | |
IC Markets LinkedIn Page | Valutrades LinkedIn Page | |
YouTube | IC Markets YouTube Channel | Valutrades YouTube Channel |
Find Out More |
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Valutrades 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.
In this part of our comparison of IC Markets and Valutrades we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the 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. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs Valutrades - Awards
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Broker | IC Markets | Valutrades |
Awards |
IC Markets have won many industry awards over the time they have been operating as an online broker. We show the most recognised awards for IC Markets here.
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At the time of writing this Valutrades review, and despite Valutrades’s impressive offering, the company has surprisingly not garnered any awards to date. |
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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 head office 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 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 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 collection of rules for ensuring honest trading onto its platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
As per their own privacy regulation, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs Valutrades Commission And Fees
IC Markets and Valutrades are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, funding rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for operations 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 charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees charged by IC Markets and Valutrades are relatively higher. As a result, you're charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This IC Markets vs Valutrades review for 2023 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Valutrades
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Broker | IC Markets | Valutrades |
Minimum Deposit | $200 | $0 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | Yes |
CFD Fees | Yes | Yes |
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What Languages Do IC Markets And Valutrades Support?
Being able to chat completely with your online platform is a key part of comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you will find the languages that both IC Markets and Valutrades support.
How Many Clients Do IC Markets and Valutrades Have?
Both IC Markets and Valutrades are well established with their client base. It is really important to work with a broker that is reputable 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 Valutrades have
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Broker | IC Markets | Valutrades |
Clients / Users | 60,000+ | 10,000+ |
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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
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Broker | IC Markets | Valutrades |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
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What Can You Trade With IC Markets and Valutrades?
IC Markets offers 232 trading instruments and Valutrades offers 245.
Below you will find a full breakdown of what both IC Markets and Valutrades offer.
IC Markets Review
IC Markets vs Valutrades:
Table Of Contents
- Compare IC Markets vs Valutrades
- Benefits of IC Markets and Valutrades Compared
- Valutrades and IC Markets Mobile App Comparison
- IC Markets vs Valutrades - Awards
- IC Markets vs Valutrades - Frequently Asked Questions
- What is the minimum deposit for Valutrades or IC Markets
- IC Markets vs Valutrades - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Valutrades
- What Languages Do IC Markets And Valutrades Support?
- How Many Clients Do IC Markets and Valutrades Have?
- What Payment Methods Do IC Markets and Valutrades Accept?
- What Can You Trade With IC Markets and Valutrades?