IC Markets vs Velocity Trade, Who's The Best?
Read our In-Depth IC Markets vs Velocity Trade Review - for 2025
Our comprehensive analysis of IC Markets and Velocity Trade has been revised for 2025 from seasoned professionals with years of financial experience in CFDs, Social Trading, & Forex.
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 online trading platforms will have some pros and cons, so any comprehensive review of IC Markets and Velocity Trade cannnot be regarded as thorough without embracing a fair assessment.
Examine IC Markets and Velocity Trade to get a better understanding of the way they line up with each prior to you create an account. Conducting a comparative analysis will place factors in perspective to ensure that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between IC Markets or Velocity Trade. Which one is best in 2025?
This IC Markets vs Velocity Trade comparison contains the most recent information so you can easily compare Velocity Trade against IC Markets.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll get proficient at all the concepts of broker since you keep trading. For starters, you have to select the right agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and Velocity Trade are just two such trading platforms that will take you and your investment to great heights. It is important to 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 entire IC Markets vs Velocity Trade Review covers everything you will need to know about trading with either IC Markets or Velocity Trade. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and Velocity Trade are both brokers which have forged their way successfully to the broker world. Within this review, we have tried to collate a number of the important facets of both IC Markets and Velocity Trade. This review can allow you to understand whether either Velocity Trade or IC Markets is a fantastic fit for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Benefits of IC Markets and Velocity Trade Compared
IC Markets offers a minimum deposit of $200 while Velocity Trade offers 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 whilst Velocity Trade has around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Velocity Trade 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 Velocity Trade.
IC Markets and Velocity Trade Contact Details
Being able to contact a broker through many ways is vital. IC Markets and Velocity Trade have the following contact details and social medias that you can use.
|
||
---|---|---|
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 |
|
|
Velocity Trade and IC Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide 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.
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
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 Velocity Trade - Awards
|
||
---|---|---|
Broker | IC Markets | Velocity Trade |
Awards |
IC Markets have won many industry awards over the years they have been running as an online broker. We detail the most recognised awards for IC Markets here.
|
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. |
Find Out More |
|
|
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 set of rules for ensuring honest trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own 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 Velocity Trade Commission And Fees
IC Markets and Velocity Trade are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you are spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your account. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or Velocity Trade charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and Velocity Trade are relatively greater. As a result, you're billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not about the sale and purchase of assets.
This IC Markets vs Velocity Trade review for 2025 breaks down each of the relevant 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 talk completely with your trading platform is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Here you can find all the languages that both IC Markets and Velocity Trade support.
How Many Clients Do IC Markets and Velocity Trade Have?
Both IC Markets and Velocity Trade are well known and trusted. It is really important to work with a broker that is reputable 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 clients IC Markets and Velocity Trade are working with
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?