IC Markets vs forexite, Who's Better?
|
|
IC Markets Rating
|
forexite Rating
|
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs forexite Guide |
Read our In-Depth IC Markets vs forexite Review - 2025 Update
This IC Markets vs forexite review has been updated for 2025 from knowledgeable insiders boasting significant financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs forexite does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
forexite Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs forexite
Every trading platforms will have some advantages and disadvantages, and any comprehensive review of IC Markets and forexite should not be regarded as thorough without embracing a balanced approach.
Examine IC Markets and forexite in order to understand how these platforms stack up to one another prior to you create an account. A side-by-side comparison will put things into perspective to ensure that you are aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between IC Markets or forexite. Who is better in 2025?
This IC Markets vs forexite comparison contains the most recent information so you can easily compare forexite against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You will get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the right agent who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. IC Markets and forexite are just two such companies which will take you along with your investment into great heights. It's important to compare IC Markets vs forexite until you trust them with your money.
Our IC Markets vs forexite comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and forexite side by side.
Our entire IC Markets vs forexite Review covers all you need to learn about trading with either IC Markets or forexite. A good broker can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and forexite are both brokers that have paved their way successfully into the brokerage world. Within this review, we have attempted to collate a number of the important aspects of both IC Markets and forexite. This review can allow you to know whether either forexite or IC Markets is a good match for your investments or not. We have tried to breakdown all the features and charges for your advantage.
Benefits of IC Markets and forexite Compared
IC Markets offers a minimum deposit of $200 while forexite has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and forexite 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 whilst forexite has around 232 available.
The more instruments you can trade on the IC Markets and forexite 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or forexite.
IC Markets and forexite Contact Details
Being able to contact an online trading platform easily is vital. IC Markets and forexite have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | IC Markets | forexite |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | forexite Twitter Account | |
IC Markets Facebook Page | forexite Facebook Page | |
IC Markets Instagram Account | forexite Instagram Account | |
IC Markets LinkedIn Page | forexite LinkedIn Page | |
YouTube | IC Markets YouTube Channel | forexite YouTube Channel |
Find Out More |
|
|
forexite 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 forexite we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the 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. 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 forexite - Awards
|
||
---|---|---|
Broker | IC Markets | forexite |
Awards |
IC Markets have won many industry awards over the years they have been operating as an online broker. We detail the most notable awards for IC Markets below.
|
At the time of writing this forexite review, and despite forexite’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
IC Markets vs forexite - Frequently Asked Questions
IC Markets vs forexite - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
forexite was founded in 2010 and has its head office in Switzerland.
What is the minimum deposit for forexite or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for forexite 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 forexite are a good choice.
IC Markets vs forexite - 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).
forexite 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-F229.
Both IC Markets and forexite have a powerful collection of rules for ensuring fair trading onto their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs forexite Commission And Fees
IC Markets and forexite are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, funding speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or forexite 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 lesser sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and forexite are comparatively greater. As a result, you are billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of resources.
This IC Markets vs forexite review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And forexite
|
||
---|---|---|
Broker | IC Markets | forexite |
Minimum Deposit | $200 | $250 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
Find Out More |
|
|
What Languages Do IC Markets And forexite Support?
Being able to talk completely with your trading platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both IC Markets and forexite support.
How Many Clients Do IC Markets and forexite Have?
Both IC Markets and forexite are well established with their customer base. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients IC Markets and forexite are working with
|
||
---|---|---|
Broker | IC Markets | forexite |
Clients / Users | 60,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do IC Markets and forexite Accept?
IC Markets and forexite 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 forexite
|
||
---|---|---|
Broker | IC Markets | forexite |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | No | Yes |
Neteller | Yes | Yes |
Find Out More |
|
|
What Can You Trade With IC Markets and forexite?
IC Markets offers 232 trading instruments while forexite offers 112.
Below you will find a full breakdown of what both IC Markets and forexite offer.
IC Markets Review
IC Markets vs forexite:
Table Of Contents
- Compare IC Markets vs forexite
- Benefits of IC Markets and forexite Compared
- forexite and IC Markets Mobile App Comparison
- IC Markets vs forexite - Awards
- IC Markets vs forexite - Frequently Asked Questions
- What is the minimum deposit for forexite or IC Markets
- IC Markets vs forexite - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And forexite
- What Languages Do IC Markets And forexite Support?
- How Many Clients Do IC Markets and forexite Have?
- What Payment Methods Do IC Markets and forexite Accept?
- What Can You Trade With IC Markets and forexite?