IC Markets vs fx global markets, Who's The Best?
IC Markets Rating
fx global markets Rating
Losses can exceed deposits
83.12% of retail investors' accounts incurred losses when trading differential contracts with this provider
IC Markets vs fx global markets Guide
Read our In-Depth IC Markets vs fx global markets Review - for 2023
This review comparing IC Markets and fx global markets has been revised to reflect any changes for 2023 from industry experts with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs fx global markets does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
fx global markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs fx global markets
All online trading platforms feature a few pros and cons, and any comprehensive analysis of IC Markets vs fx global markets should not be complete without having a fair assessment.
Assess fx global markets and IC Markets to get a better understanding of just how these platforms stack up with each before you create an account. Performing a comprehensive comparison can bring aspects in perspective to ensure that you remain aware of what you should anticipate.
So you are looking for a professional broker and are choosing between IC Markets or fx global markets. Who should you choose?
This IC Markets vs fx global markets comparison contains the latest information so you can easily compare fx global markets against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and fx global markets are just two such platforms which will take you along with your investment into great heights. It's important to compare IC Markets vs fx global markets until you trust them with your money.
Our IC Markets vs fx global markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and fx global markets side by side.
Our full IC Markets vs fx global markets Review covers all you will need to learn about trading using either IC Markets or fx global markets. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and fx global markets are both brokers that have forged their way successfully into the brokerage world. In this review, we've tried to collate a number of the important facets of both IC Markets and fx global markets. This review will allow you to know whether either fx global markets or IC Markets is a good match for your investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Benefits of IC Markets and fx global markets Compared
IC Markets has a minimum deposit of $200 while fx global markets has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and fx global markets 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 fx global markets has around 232 available.
The more financial instruments you can trade on the IC Markets and fx global markets 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 should never want to miss out on a trading opportunity due to the limitations of IC Markets or fx global markets.
IC Markets and fx global markets Contact Details
Being able to contact a broker simply is important. IC Markets and fx global markets have the following contact details and social medias that you can use.
|Broker||IC Markets||fx global markets|
|Telephone Number||+248 467 19 76||+357 2503 0576|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000||1, Siafi Street, Porto Bello Building, 3042, Limassol, Cyprus|
|IC Markets Twitter Account||fx global markets Twitter Account|
|IC Markets Facebook Page||fx global markets Facebook Page|
|IC Markets Instagram Account||fx global markets Instagram Account|
|IC Markets LinkedIn Page||fx global markets LinkedIn Page|
|YouTube||IC Markets YouTube Channel||fx global markets YouTube Channel|
|Find Out More||
fx global markets 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 fx global markets we'll check whether either of their mobile apps tick all the boxes.
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
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 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 fx global markets - Awards
|Broker||IC Markets||fx global markets|
IC Markets have won several industry awards over the years they have been running as a financial broker. We detail the most recognised awards for IC Markets here.
|At the time of writing this fx global markets review, and despite fx global markets’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
IC Markets vs fx global markets - Frequently Asked Questions
IC Markets vs fx global markets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
fx global markets was founded in 2017 and has its headquaters in United States.
What is the minimum deposit for fx global markets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for fx global markets 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 fx global markets are a good choice.
IC Markets vs fx global markets - 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).
fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14.
Both IC Markets and fx global markets have a powerful collection of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs fx global markets Commission And Fees
IC Markets and fx global markets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of penalties for this purpose.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices 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 cost. Funding or overnight prices are people who are charged when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or fx global markets charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and fx global markets are comparatively greater. Consequently, you are billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This IC Markets vs fx global markets review for 2023 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And fx global markets
What Languages Do IC Markets And fx global markets Support?
Being able to communicate easily with your online broker is a key way of 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 factor to success when trading forex.
Here you can find the languages that both IC Markets and fx global markets support.
How Many Clients Do IC Markets and fx global markets Have?
Both IC Markets and fx global markets are well established with their customer base. It is really important to work with a broker that is professional 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 users IC Markets and fx global markets have
|Broker||IC Markets||fx global markets|
|Clients / Users||60,000+||10,000+|
|Find Out More||
What Payment Methods Do IC Markets and fx global markets Accept?
IC Markets and fx global markets 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 fx global markets
What Can You Trade With IC Markets and fx global markets?
IC Markets offers 232 trading instruments and fx global markets offers 119.
Below you will find a full breakdown of what both IC Markets and fx global markets offer.
IC Markets Review
IC Markets vs fx global markets:
Table Of Contents
- Compare IC Markets vs fx global markets
- Benefits of IC Markets and fx global markets Compared
- fx global markets and IC Markets Mobile App Comparison
- IC Markets vs fx global markets - Awards
- IC Markets vs fx global markets - Frequently Asked Questions
- What is the minimum deposit for fx global markets or IC Markets
- IC Markets vs fx global markets - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And fx global markets
- What Languages Do IC Markets And fx global markets Support?
- How Many Clients Do IC Markets and fx global markets Have?
- What Payment Methods Do IC Markets and fx global markets Accept?
- What Can You Trade With IC Markets and fx global markets?