IC Markets vs aaafx, Who's The Best?
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IC Markets Rating
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aaafx Rating
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Losses can exceed deposits |
Trading spot currencies involves substantial risk and there is always the potential for loss. |
IC Markets vs aaafx Guide |
Read our In-Depth IC Markets vs aaafx Review - 2023 Update
Our IC Markets vs aaafx review has been refreshed for 2023 by knowledgeable insiders with extensive 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 aaafx does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
aaafx Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs aaafx
Every trading platforms will have certain pros and cons, so any comprehensive IC Markets and aaafx review cannnot be complete without embracing a fair assessment.
Examine IC Markets and aaafx to get a better understanding of how they line up against each prior to you choose to create an account. Conducting a comparative analysis helps to place factors in perspective in order that you remain informed about what you should anticipate.
So you are looking for a broker and are choosing between IC Markets or aaafx. Who should you choose?
This IC Markets vs aaafx comparison contains the most recent information so you can easily compare aaafx against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You'll get adept at all of the concepts of broker as you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and aaafx are two such companies that will take you along with your investment into great heights. It's crucial that you compare IC Markets vs aaafx until you trust them with your cash.
Our IC Markets vs aaafx comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and aaafx side by side.
Our entire IC Markets vs aaafx Review covers all you will need to know about trading with either IC Markets or aaafx. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment objectives.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and aaafx are both brokers which have forged their way successfully to the broker world. Within this review, we've attempted to collate some of the vital facets of both IC Markets and aaafx. This review will allow you to understand whether either aaafx or IC Markets is a fantastic fit for your investments or not. We have attempted to breakdown all of the features and fees for your advantage.
Benefits of IC Markets and aaafx Compared
IC Markets offers a minimum deposit of $200 while aaafx has a $300 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and aaafx 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 aaafx allows you to trade around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and aaafx 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 aaafx.
IC Markets and aaafx Contact Details
Being able to contact an online trading platform easily is important. IC Markets and aaafx have the following contact details and social medias that you can use.
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Broker | IC Markets | aaafx |
Telephone Number | +248 467 19 76 | +30 213 0117498 |
support@icmarkets.com | support@aaafx.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 14 Akti Kondyli St, Piraeus, Attica, GR |
IC Markets Twitter Account | aaafx Twitter Account | |
IC Markets Facebook Page | aaafx Facebook Page | |
IC Markets Instagram Account | aaafx Instagram Account | |
IC Markets LinkedIn Page | aaafx LinkedIn Page | |
YouTube | IC Markets YouTube Channel | aaafx YouTube Channel |
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aaafx 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 aaafx 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
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 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 aaafx - Awards
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Broker | IC Markets | aaafx |
Awards |
IC Markets have won a lot of industry awards over the years they have been running as a financial broker. We list the most recognised awards for IC Markets below.
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At the time of writing this aaafx review, and despite aaafx’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs aaafx - Frequently Asked Questions
IC Markets vs aaafx - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
aaafx was founded in 2007 and has its headquaters in United States.
What is the minimum deposit for aaafx or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for aaafx is $300.
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 aaafx are a good choice.
IC Markets vs aaafx - 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).
aaafx is regulated by HCMC (Greece), FSA (St Vincent & Grenadines).
Both IC Markets and aaafx have a strong set of rules for ensuring honest trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs aaafx Commission And Fees
IC Markets and aaafx are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three types of penalties for this objective.
The first kind of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, financing rate, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or aaafx charge high fees in comparison to other online brokers. For operations other agents charge 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.
But, non-trading fees charged by IC Markets and aaafx are relatively competitive. Consequently, you're charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of assets.
This IC Markets vs aaafx review for 2023 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And aaafx
What Languages Do IC Markets And aaafx Support?
Being able to communicate completely with your trading broker is a key element when comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find all the languages that both IC Markets and aaafx support.
How Many Clients Do IC Markets and aaafx Have?
Both IC Markets and aaafx are well established with their customer base. It is important to work with a broker you can trust 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 users IC Markets and aaafx are active on their platform
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Broker | IC Markets | aaafx |
Clients / Users | 60,000+ | 60,000+ |
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What Payment Methods Do IC Markets and aaafx Accept?
IC Markets and aaafx 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 aaafx
What Can You Trade With IC Markets and aaafx?
IC Markets offers 232 trading instruments while aaafx offers 100.
Below you will find a full breakdown of what both IC Markets and aaafx offer.
IC Markets Review
IC Markets vs aaafx:
Table Of Contents
- Compare IC Markets vs aaafx
- Benefits of IC Markets and aaafx Compared
- aaafx and IC Markets Mobile App Comparison
- IC Markets vs aaafx - Awards
- IC Markets vs aaafx - Frequently Asked Questions
- What is the minimum deposit for aaafx or IC Markets
- IC Markets vs aaafx - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And aaafx
- What Languages Do IC Markets And aaafx Support?
- How Many Clients Do IC Markets and aaafx Have?
- What Payment Methods Do IC Markets and aaafx Accept?
- What Can You Trade With IC Markets and aaafx?