IC Markets vs Vantage FX, Who's The Best?
Read our In-Depth IC Markets vs Vantage FX Review - for 2022
This IC Markets vs Vantage FX review has been updated for 2022 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 Vantage FX review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Vantage FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for an online trading platform and are choosing between IC Markets or Vantage FX. Who is better in 2022?
This IC Markets vs Vantage FX review contains the latest information so you can easily compare Vantage FX against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get adept at all of the concepts of broker as you keep trading. For starters, you have to select the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and Vantage FX are two such trading platforms that will take you and your investment into great heights. It's crucial that you compare IC Markets vs Vantage FX until you trust them with your money.
Our IC Markets vs Vantage FX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Vantage FX side by side.
Our full IC Markets vs Vantage FX Review covers everything you need to know about trading with either IC Markets or Vantage FX. A fantastic agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and Vantage FX are both brokers which have found their way successfully into the brokerage world. In this review, we've tried to collate a number of the vital facets of both IC Markets and Vantage FX. This review will help you to know whether either Vantage FX or IC Markets is a good match for your investments or not. We have tried to breakdown all the features and charges for your convenience.
Compare IC Markets vs Vantage FX
Every online trading platform will have some ups and downs, and no IC Markets and Vantage FX review would be complete without having a balanced approach. Compare IC Markets and Vantage FX to understand how they line 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.
Benefits of IC Markets and Vantage FX Compared
IC Markets offers a minimum deposit of $200 while Vantage FX has a $200 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Vantage FX 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 while Vantage FX has around 232 on their platform.
The more instruments you can trade on the IC Markets and Vantage FX 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 Vantage FX.
IC Markets and Vantage FX Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. IC Markets and Vantage FX have the following contact details and social medias that you can use.
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| Broker | IC Markets | Vantage FX |
| Telephone Number | +248 467 19 76 | +61 1300 945 517 |
| support@icmarkets.com | support@vantagemarkets.com | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Level 29, 31 Market Street Sydney, NSW, Australia 2000 |
| IC Markets Twitter Account | Vantage FX Twitter Account | |
| IC Markets Facebook Page | Vantage FX Facebook Page | |
| IC Markets Instagram Account | Vantage FX Instagram Account | |
| IC Markets LinkedIn Page | Vantage FX LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Vantage FX YouTube Channel |
| Find Out More |
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Vantage FX 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 Vantage FX 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 important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 Vantage FX - Awards
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| Broker | IC Markets | Vantage FX |
| Awards |
IC Markets have won a lot of industry awards over the years they have been operating as an online trading platform. We show the most recognised awards for IC Markets here.
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Vantage FX have won numerous industry awards over the years they have been operating as an online trading platform. We show the most recognised awards for Vantage FX below.
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| Find Out More |
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IC Markets vs Vantage FX - Frequently Asked Questions
IC Markets vs Vantage FX - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
Vantage FX was founded in 2008 and has its headquaters in Australia.
What is the minimum deposit for Vantage FX or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Vantage FX is $200.
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 Vantage FX are a good option.
IC Markets vs Vantage FX - 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).
Vantage FX is regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491, VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271), Australian Securities and Investments Commission (ASIC), AFSL no. 428901.
Both IC Markets and Vantage FX have a strong set of rules for ensuring honest trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs Vantage FX Commission And Fees
IC Markets and Vantage FX are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of penalties for this objective.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you're spending a spread, financing rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Vantage FX charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees charged by IC Markets and Vantage FX are relatively higher. Consequently, you are charged more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This IC Markets vs Vantage FX review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Vantage FX
What Languages Do IC Markets And Vantage FX Support?
Being able to communicate easily with your trading broker is a key way of comparing brokers to find your perfect 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 online.
Below you can find the languages that both IC Markets and Vantage FX offer communication in.
How Many Clients Do IC Markets and Vantage FX Have?
Both IC Markets and Vantage FX are well established with their customer 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 customers they already work with.
Below you will find details of how many clients IC Markets and Vantage FX have
What Payment Methods Do IC Markets and Vantage FX Accept?
IC Markets and Vantage FX 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 Vantage FX
What Can You Trade With IC Markets and Vantage FX?
IC Markets offers 232 trading instruments while Vantage FX offers 247.
Below you will find a full breakdown of what both IC Markets and Vantage FX offer.
Compare IC Markets To All Other Brokers
Compare Vantage FX To All Other Brokers
