IC Markets vs Velocity Trade, Updated for 2026
Read our In-Depth IC Markets vs Velocity Trade Review - 2026 Update
This review comparing IC Markets and Velocity Trade has been updated for 2026 by seasoned professionals boasting significant financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Velocity Trade does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Velocity Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Velocity Trade
Each trading platforms will have a few pros and cons, so any comprehensive review of IC Markets and Velocity Trade should not be complete without adopting a fair assessment.
Examine IC Markets and Velocity Trade to understand how these platforms line up to one another prior to you choose to create an account. A side-by-side comparison will put things into perspective to ensure that you remain cognizant of what to expect.
So you are looking for a reputable broker and are choosing between IC Markets or Velocity Trade. Who is better in 2026?
This IC Markets vs Velocity Trade comparison contains the most recent information so you can easily compare Velocity Trade against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker as you continue trading. For starters, you need to select the right broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and Velocity Trade are two such trading platforms which will take you and your investment to great heights. It's crucial that you compare IC Markets vs Velocity Trade before you trust them with your cash.
Our IC Markets vs Velocity Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Velocity Trade side by side.
Our full IC Markets vs Velocity Trade Review covers all you will need to learn about trading with either IC Markets or Velocity Trade. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
IC Markets and Velocity Trade are both brokers which have paved their way successfully into the broker world. Within this review, we've attempted to collate a number of the vital facets of both IC Markets and Velocity Trade. This review will allow you to understand whether either Velocity Trade or IC Markets is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and fees for your advantage.
Benefits of IC Markets and Velocity Trade Compared
IC Markets offers a minimum deposit of $200 while Velocity Trade has a $1 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Velocity Trade 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 Velocity Trade allows you to trade around 232 available.
The more instruments you can trade on the IC Markets and Velocity Trade 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 Velocity Trade.
IC Markets and Velocity Trade Contact Details
Being able to contact a broker through many ways is important. IC Markets and Velocity Trade have the following contact details and social medias that you can use.
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| Broker | IC Markets | Velocity Trade |
| Telephone Number | +248 467 19 76 | +61 2 8274 2500 |
| support@icmarkets.com | sales-aus@velocitytrade.com | |
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Suite 9.01, 95 Pitt Street, Sydney, NSW 2000, Australia |
| IC Markets Twitter Account | Velocity Trade Twitter Account | |
| IC Markets Facebook Page | Velocity Trade Facebook Page | |
| IC Markets Instagram Account | Velocity Trade Instagram Account | |
| IC Markets LinkedIn Page | Velocity Trade LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Velocity Trade YouTube Channel |
| Find Out More |
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Velocity Trade 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 Velocity Trade 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 Velocity Trade - Awards
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| Broker | IC Markets | Velocity Trade |
| Awards |
IC Markets have won numerous industry awards over the time they have been operating as a financial broker. We list the most recognised awards for IC Markets below.
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At the time of writing this Velocity Trade review, and despite Velocity Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Velocity Trade - Frequently Asked Questions
IC Markets vs Velocity Trade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Velocity Trade was founded in 2007 and has its head office in Australia.
What is the minimum deposit for Velocity Trade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Velocity Trade is $1.
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 Velocity Trade are a good option.
IC Markets vs Velocity Trade - 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).
Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).
Both IC Markets and Velocity Trade have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own 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 Velocity Trade Commission And Fees
IC Markets and Velocity Trade are online brokerage platforms, and many 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. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you're paying a spread, funding rate, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight rates are those who are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or Velocity Trade charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by IC Markets and Velocity Trade are comparatively higher. As a result, you're charged more for non-trading activities on your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of resources.
This IC Markets vs Velocity Trade review for 2026 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Velocity Trade
What Languages Do IC Markets And Velocity Trade Support?
Being able to chat easily with your trading platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you can find the languages that both IC Markets and Velocity Trade offer communication in.
How Many Clients Do IC Markets and Velocity Trade Have?
Both IC Markets and Velocity Trade are well established with their customer 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 clients they already work with.
Below you will find details of how many users IC Markets and Velocity Trade are active on their platform
What Payment Methods Do IC Markets and Velocity Trade Accept?
IC Markets and Velocity Trade 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 Velocity Trade
What Can You Trade With IC Markets and Velocity Trade?
IC Markets offers 232 trading instruments while Velocity Trade offers 249.
Below you will find a full breakdown of what both IC Markets and Velocity Trade offer.
IC Markets Review
IC Markets vs Velocity Trade:
Table Of Contents
- Compare IC Markets vs Velocity Trade
- Benefits of IC Markets and Velocity Trade Compared
- Velocity Trade and IC Markets Mobile App Comparison
- IC Markets vs Velocity Trade - Awards
- IC Markets vs Velocity Trade - Frequently Asked Questions
- What is the minimum deposit for Velocity Trade or IC Markets
- IC Markets vs Velocity Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Velocity Trade
- What Languages Do IC Markets And Velocity Trade Support?
- How Many Clients Do IC Markets and Velocity Trade Have?
- What Payment Methods Do IC Markets and Velocity Trade Accept?
- What Can You Trade With IC Markets and Velocity Trade?

