IC Markets vs amarkets, for 2024
IC Markets Rating
Losses can exceed deposits
Your capital is at risk
IC Markets vs amarkets Guide
Read our In-Depth IC Markets vs amarkets Review - Updated for 2024
This comprehensive analysis of IC Markets and amarkets has been refreshed to reflect any changes for 2024 from seasoned professionals with considerable expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs amarkets does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
amarkets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs amarkets
Each trading platforms feature certain ups and downs, and a complete review of IC Markets and amarkets would not be complete without embracing a fair assessment.
Examine IC Markets and amarkets to understand just how these platforms compare with one another prior to you make an account. Conducting a side-by-side comparison can place factors into perspective in order that you remain cognizant of what to expect.
So you are looking for a broker and are choosing between IC Markets or amarkets. Which one is best in 2024?
Our IC Markets vs amarkets comparison contains the most recent information so you can easily compare amarkets against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage since you continue trading. For starters, you need to select the ideal broker who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and amarkets are two such platforms which will take you along with your investment to great heights. It is crucial to compare IC Markets vs amarkets before you trust them with your money.
Our IC Markets vs amarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and amarkets side by side.
Our full IC Markets vs amarkets Review covers all you will need to learn about trading using either IC Markets or amarkets. A fantastic agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and amarkets are both brokers that have found their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important aspects of both IC Markets and amarkets. This review will allow you to understand whether either amarkets or IC Markets is a fantastic fit for your own investments or not. We have tried to breakdown all of the qualities and charges for your advantage.
Benefits of IC Markets and amarkets Compared
IC Markets offers a minimum deposit of $200 while amarkets offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and amarkets 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 amarkets allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and amarkets 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 amarkets.
IC Markets and amarkets Contact Details
Being able to contact a broker through many ways is important. IC Markets and amarkets have the following contact details and social medias that you can use.
|+248 467 19 76
|Level 4, 50 Carrington Street, Sydney NSW 2000
|IC Markets Twitter Account
|amarkets Twitter Account
|IC Markets Facebook Page
|amarkets Facebook Page
|IC Markets Instagram Account
|amarkets Instagram Account
|IC Markets LinkedIn Page
|amarkets LinkedIn Page
|IC Markets YouTube Channel
|amarkets YouTube Channel
|Find Out More
amarkets 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 amarkets 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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
While most brokers are good at this, there are some poor ones. 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 amarkets - Awards
IC Markets have won many industry awards over the years they have been running as a financial broker. We detail the most notable awards for IC Markets here.
|At the time of writing this amarkets review, and despite amarkets’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
IC Markets vs amarkets - Frequently Asked Questions
IC Markets vs amarkets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
amarkets was founded in 2016 and has its head office in United Kingdom.
What is the minimum deposit for amarkets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for amarkets is $250.
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 amarkets are a good choice.
IC Markets vs amarkets - 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).
amarkets 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-F223.
Both IC Markets and amarkets have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs amarkets Commission And Fees
IC Markets and amarkets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this objective.
The first sort of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're paying a spread, financing speed, or a commission. The sorts of trading fees and the rates differ 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 rates are people who are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither IC Markets or amarkets charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by IC Markets and amarkets are relatively higher. Consequently, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of resources.
This IC Markets vs amarkets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And amarkets
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What Languages Do IC Markets And amarkets Support?
Being able to talk completely with your online broker is a key element when comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both IC Markets and amarkets offer communication in.
How Many Clients Do IC Markets and amarkets Have?
Both IC Markets and amarkets are well established with their customer base. It is really important to work with an online 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 users IC Markets and amarkets have
|Clients / Users
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What Payment Methods Do IC Markets and amarkets Accept?
IC Markets and amarkets 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 amarkets
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What Can You Trade With IC Markets and amarkets?
IC Markets offers 232 trading instruments whilst amarkets offers 106.
Below you will find a full breakdown of what both IC Markets and amarkets offer.
IC Markets Review
IC Markets vs amarkets:
Table Of Contents
- Compare IC Markets vs amarkets
- Benefits of IC Markets and amarkets Compared
- amarkets and IC Markets Mobile App Comparison
- IC Markets vs amarkets - Awards
- IC Markets vs amarkets - Frequently Asked Questions
- What is the minimum deposit for amarkets or IC Markets
- IC Markets vs amarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And amarkets
- What Languages Do IC Markets And amarkets Support?
- How Many Clients Do IC Markets and amarkets Have?
- What Payment Methods Do IC Markets and amarkets Accept?
- What Can You Trade With IC Markets and amarkets?