IC Markets vs freetrade, Who's Better?
Read our In-Depth IC Markets vs freetrade Review - for 2025
Our review comparing IC Markets and freetrade has been revised to reflect any changes for 2025 by industry experts with extensive financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs freetrade does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Compare IC Markets vs freetrade
All online trading platforms has a few pros and cons, so any comprehensive IC Markets and freetrade review should not be regarded as thorough without having an objective perspective.
Compare IC Markets and freetrade to understand the way they compare against one another before you make an account. Performing a comparative analysis can bring aspects in perspective so that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between IC Markets or freetrade. Who should you choose?
Our IC Markets vs freetrade comparison contains the most recent information so you can easily compare freetrade 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 world of trading demands expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the right broker who'll be clear with you constantly.
In 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 freetrade are two such companies that will take you and your investment to great heights. It's crucial that you compare IC Markets vs freetrade before you trust them with your money.
Our IC Markets vs freetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and freetrade side by side.
Our entire IC Markets vs freetrade Review covers everything you will need to know about trading with either IC Markets or freetrade. A good 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 contrasts with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you select them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and freetrade are both brokers that have forged their way successfully into the brokerage world. In this review, we've attempted to collate some of the vital facets of both IC Markets and freetrade. This review can allow you to understand whether either freetrade or IC Markets is a fantastic match for your own investments or not. We've tried to breakdown all of the features and fees for your advantage.
Benefits of IC Markets and freetrade Compared
IC Markets has a minimum deposit of $200 while freetrade offers a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and freetrade 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 freetrade has around 232 financial instruments available.
The more instruments you can trade on the IC Markets and freetrade 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 freetrade.
IC Markets and freetrade Contact Details
Being able to contact a broker through many ways is vital. IC Markets and freetrade have the following contact details and social medias that you can use.
Broker | IC Markets | freetrade |
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Telephone Number | +248 467 19 76 | +44 203 488 2539 |
support@icmarkets.com | hello@freetrade.io | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | 68 Hanbury St, London, Greater London E1 5JL, GB |
IC Markets Twitter Account | freetrade Twitter Account | |
IC Markets Facebook Page | freetrade Facebook Page | |
IC Markets Instagram Account | freetrade Instagram Account | |
IC Markets LinkedIn Page | freetrade LinkedIn Page | |
YouTube | IC Markets YouTube Channel | freetrade YouTube Channel |
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freetrade 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 freetrade 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 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 freetrade - Awards
Broker | IC Markets | freetrade |
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Awards |
IC Markets have won numerous industry awards over the time they have been running as an online broker. We show the most recognised awards for IC Markets below.
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freetrade have won numerous industry awards over the time they have been running as an online trading platform. We show the most notable awards for freetrade here.
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Find Out More |
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IC Markets vs freetrade - Frequently Asked Questions
IC Markets vs freetrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
freetrade was founded in 2016 and has its head office in United Kingdom.
What is the minimum deposit for freetrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for freetrade is $0.
Depending on your circumstances, 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 freetrade are a good choice.
IC Markets vs freetrade - 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).
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Both IC Markets and freetrade have a powerful collection of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with 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 freetrade Commission And Fees
IC Markets and freetrade are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
But this does not 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 mainly three types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or freetrade charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and freetrade are relatively higher. Consequently, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This IC Markets vs freetrade review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And freetrade
What Languages Do IC Markets And freetrade Support?
Being able to chat completely with your online broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both IC Markets and freetrade offer communication in.
How Many Clients Do IC Markets and freetrade Have?
Both IC Markets and freetrade are well known and trusted. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers IC Markets and freetrade are working with
What Payment Methods Do IC Markets and freetrade Accept?
IC Markets and freetrade 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 freetrade
What Can You Trade With IC Markets and freetrade?
IC Markets offers 232 trading instruments whilst freetrade offers 115.
Below you will find a full breakdown of what both IC Markets and freetrade offer.
IC Markets Review
IC Markets vs freetrade:
Table Of Contents
- Compare IC Markets vs freetrade
- Benefits of IC Markets and freetrade Compared
- freetrade and IC Markets Mobile App Comparison
- IC Markets vs freetrade - Awards
- IC Markets vs freetrade - Frequently Asked Questions
- What is the minimum deposit for freetrade or IC Markets
- IC Markets vs freetrade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And freetrade
- What Languages Do IC Markets And freetrade Support?
- How Many Clients Do IC Markets and freetrade Have?
- What Payment Methods Do IC Markets and freetrade Accept?
- What Can You Trade With IC Markets and freetrade?