IC Markets vs Vantage FX, for 2024
Read our In-Depth IC Markets vs Vantage FX Review - 2024 Update
Our review comparing IC Markets and Vantage FX has been updated for 2024 by seasoned professionals boasting extensive expertise in Forex, CFDs, & 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
All online trading platforms feature certain pros and cons, and a complete analysis of IC Markets vs Vantage FX should not be complete without having an objective perspective.
Assess Vantage FX and IC Markets to get a better understanding of how they compare against each other before you choose to open an account. Performing a side-by-side comparison can bring aspects into perspective in order that you remain informed about what you should anticipate.
So you are looking for a reputable broker and are choosing between IC Markets or Vantage FX. Which one is best in 2024?
Our IC Markets vs Vantage FX comparison contains the most recent information so you can easily compare Vantage FX against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Vantage FX are just two such platforms that will take you and your investment to great heights. It's crucial to compare IC Markets vs Vantage FX before 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 all you will need to know about trading with either IC Markets or Vantage FX. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and Vantage FX are both brokers which have found their way successfully into the broker world. In this review, we have attempted to collate some of the important facets of both IC Markets and Vantage FX. This review will allow you to know whether either Vantage FX 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 Vantage FX Compared
IC Markets offers a minimum deposit of $200 while Vantage FX offers 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 on their platform.
The more instruments you can trade on the IC Markets and Vantage FX 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 should 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 through many ways is vital. IC Markets and Vantage FX have the following contact details and social medias that you can use.
|+248 467 19 76
|+61 1300 945 517
|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
|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.
In this part of our comparison of IC Markets and Vantage FX we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 Vantage FX - Awards
IC Markets have won several industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for IC Markets below.
Vantage FX have won many industry awards over the time they have been operating as an online broker. We list 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 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 Vantage FX are a good choice.
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 set of rules for ensuring fair trading on their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is to not be shared with any other institutions or individuals. Including 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 charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of fees for this objective.
The first kind of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or Vantage FX charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and Vantage FX are relatively greater. As a result, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This IC Markets vs Vantage FX review for 2024 breaks down each of the relevant 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 chat completely with your trading platform is a key part of comparing brokers to find the best 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.
Here you will 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 known and trusted. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers 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 and 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?