IC Markets vs Vantage FX, Who's The Best?
Read our In-Depth IC Markets vs Vantage FX Review - Updated for 2023
This review comparing IC Markets and Vantage FX has been refreshed for 2023 by seasoned professionals boasting extensive financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Vantage FX 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.
Compare IC Markets vs Vantage FX
Every trading platforms feature certain ups and downs, so a complete review of IC Markets and Vantage FX cannnot be regarded as thorough without adopting an objective perspective.
Compare IC Markets and Vantage FX to understand the way these platforms compare to each before you choose to open an account. Conducting a side-by-side comparison can place factors into perspective to ensure that you are informed about the expectations.
So you are looking for an online trading platform and are choosing between IC Markets or Vantage FX. Who is better in 2023?
Our IC Markets vs Vantage FX comparison contains the latest information so you can easily compare Vantage FX against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll get proficient at all the concepts of broker since you continue trading. For starters, you need to choose the right agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and Vantage FX are just two such companies which will take you and your investment to great heights. It is important that you compare IC Markets vs Vantage FX until you trust them with your cash.
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 using either IC Markets or Vantage FX. A good broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose 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 at risk.
IC Markets and Vantage FX are both brokers that have paved their way successfully to the broker world. Within this review, we've tried to collate some of the important facets of both IC Markets and Vantage FX. This review can help you to understand whether either Vantage FX or IC Markets is a good match for your own investments or not. We have tried to breakdown all the qualities and fees for your convenience.
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 allows you to trade around 232 financial instruments while Vantage FX has around 232 available.
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 never 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 a broker easily is a sign of a professional broker. IC Markets and Vantage FX have the following contact details and social medias that you can use.
|Broker||IC Markets||Vantage FX|
|Telephone Number||+248 467 19 76||+61 1300 945 517|
|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||
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.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 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 Vantage FX - Awards
|Broker||IC Markets||Vantage FX|
IC Markets have won many industry awards over the time they have been operating as an online trading platform. We list the most notable awards for IC Markets here.
Vantage FX have won several industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for Vantage FX below.
|Find Out More||
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 head office in Australia.
Vantage FX was founded in 2008 and has its head office 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 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 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 powerful collection of rules for ensuring honest trading on their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer information is never to 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 prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this purpose.
The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you're spending a spread, financing rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people that are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Vantage FX charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by IC Markets and Vantage FX are relatively greater. As a result, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This IC Markets vs Vantage FX review for 2023 breaks down each of the applicable non-trading charges 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 completely with your trading platform is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find all the languages that both IC Markets and Vantage FX support.
How Many Clients Do IC Markets and Vantage FX Have?
Both IC Markets and Vantage FX are well established with their client base. It is important to work with a broker that is professional and one of the most simple 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 are working with
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 whilst Vantage FX offers 247.
Below you will find a full breakdown of what both IC Markets and Vantage FX offer.
IC Markets Review
IC Markets vs Vantage FX:
Table Of Contents
- Compare IC Markets vs Vantage FX
- Benefits of IC Markets and Vantage FX Compared
- Vantage FX and IC Markets Mobile App Comparison
- IC Markets vs Vantage FX - Awards
- IC Markets vs Vantage FX - Frequently Asked Questions
- What is the minimum deposit for Vantage FX or IC Markets
- IC Markets vs Vantage FX - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Vantage FX
- What Languages Do IC Markets And Vantage FX Support?
- How Many Clients Do IC Markets and Vantage FX Have?
- What Payment Methods Do IC Markets and Vantage FX Accept?
- What Can You Trade With IC Markets and Vantage FX?