IC Markets vs afx group, Who's Better?

Compare IC Markets vs afx group

All platforms for online trading will have some pros and cons, so a complete analysis of IC Markets vs afx group should not be complete without embracing an objective perspective.

Assess afx group and IC Markets to understand just how they compare against each before you create an account. A comparative analysis can put things into perspective so that you remain aware of the expectations.

So you are looking for an online trading platform and are choosing between IC Markets or afx group. Who should you choose?

Our IC Markets vs afx group comparison contains the most recent information so you can easily compare afx group 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 area of trading demands expert assessing skills and thorough knowledge. You'll acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the right broker who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and afx group are just two such stages that will take you and your investment to great heights. It is crucial that you compare IC Markets vs afx group until you trust them with your money.

Our IC Markets vs afx group comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and afx group side by side.

Our full IC Markets vs afx group Review covers all you need to know about trading using either IC Markets or afx group. A fantastic broker can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you select them. It's a common 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 afx group are both brokers which have paved their way successfully into the broker world. In this review, we have tried to collate a number of the vital aspects of both IC Markets and afx group. This review will allow you to understand whether either afx group or IC Markets is a fantastic match for your own investments or not. We have tried to breakdown all of the features and fees for your advantage.

Benefits of IC Markets and afx group Compared

IC Markets offers a minimum deposit of $200 while afx group has a $250 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and afx group 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 afx group has around 232 financial instruments available.

The more instruments you can trade on the IC Markets and afx group 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 seriously do not want to miss out on a trading opportunity due to the limitations of IC Markets or afx group.

IC Markets and afx group Contact Details

Being able to contact your broker simply is a sign of a professional broker. IC Markets and afx group have the following contact details and social medias that you can use.

afx group 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.

In this part of our comparison of IC Markets and afx group we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of both 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

Although most brokers do OK in this area, there are some bad apples out there. 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 afx group - Awards

IC Markets vs afx group - Frequently Asked Questions

IC Markets vs afx group - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its headquaters in Australia.

afx group was founded in 2013 and has its headquaters in Geneva.

What is the minimum deposit for afx group or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for afx group is $250.

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 afx group are a good choice.

IC Markets vs afx group - 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).

afx group is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220.

Both IC Markets and afx group have a strong collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Compare IC Markets vs afx group Commission And Fees

IC Markets and afx group are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of customers they have.

However, this does not 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 3 different types of penalties for this purpose.

The first sort of charges 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 these instances, you are spending a spread, funding rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people that are billed when you hold a leveraged position for more than daily.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.

In general, neither IC Markets or afx group charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly trade, such as weekly or daily trading.

However, non-trading fees billed by IC Markets and afx group are comparatively greater. As a result, you're charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of resources.

This IC Markets vs afx group review for 2025 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For IC Markets And afx group

What Languages Do IC Markets And afx group Support?

Being able to talk easily with your online broker is a key part of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Below you can find all the languages that both IC Markets and afx group support.

How Many Clients Do IC Markets and afx group Have?

Both IC Markets and afx group are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest 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 afx group are active on their platform

What Payment Methods Do IC Markets and afx group Accept?

IC Markets and afx group 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 afx group

What Can You Trade With IC Markets and afx group?

IC Markets offers 232 trading instruments and afx group offers 103.

Below you will find a full breakdown of what both IC Markets and afx group offer.