IC Markets vs netotrade, 2023 Update
IC Markets Rating
Losses can exceed deposits
Your capital is at risk
IC Markets vs netotrade Guide
Read our In-Depth IC Markets vs netotrade Review - Updated for 2023
This IC Markets vs netotrade review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs netotrade review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
netotrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs netotrade
Every online trading system will have some pros and cons, and no IC Markets and netotrade review would be complete without showing both sides. Compare IC Markets and netotrade to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or netotrade. Who should you choose?
Our IC Markets vs netotrade comparison contains the latest information so you can easily compare netotrade 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 requires expert assessing skills and thorough understanding. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and netotrade are two such trading platforms which will take you and your investment into great heights. It is important that you compare IC Markets vs netotrade before you trust them with your cash.
Our IC Markets vs netotrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and netotrade side by side.
Our entire IC Markets vs netotrade Review covers all you need to learn about trading using either IC Markets or netotrade. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
IC Markets and netotrade are both brokers that have found their way successfully into the broker world. Within this review, we've attempted to collate some of the important facets of both IC Markets and netotrade. This review will allow you to know whether either netotrade or IC Markets is a good fit for your investments or not. We've attempted to breakdown all the qualities and charges for your convenience.
Benefits of IC Markets and netotrade Compared
IC Markets has a minimum deposit of $200 while netotrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and netotrade 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 netotrade allows you to trade around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and netotrade 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 netotrade.
IC Markets and netotrade Contact Details
Being able to contact your broker easily is a sign of a professional broker. IC Markets and netotrade have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76|
|Address||Level 4, 50 Carrington Street, Sydney NSW 2000|
|IC Markets Twitter Account||netotrade Twitter Account|
|IC Markets Facebook Page||netotrade Facebook Page|
|IC Markets Instagram Account||netotrade Instagram Account|
|IC Markets LinkedIn Page||netotrade LinkedIn Page|
|YouTube||IC Markets YouTube Channel||netotrade YouTube Channel|
|Find Out More||
netotrade 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.
This part of comparing IC Markets and netotrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the 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 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 netotrade - Awards
IC Markets have won many industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for IC Markets here.
|At the time of writing this netotrade review, and despite netotrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
IC Markets vs netotrade - Frequently Asked Questions
IC Markets vs netotrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
netotrade was founded in 2016 and has its headquaters in USA.
What is the minimum deposit for netotrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for netotrade 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 netotrade are a good option.
IC Markets vs netotrade - 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).
netotrade 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-F283.
Both IC Markets and netotrade have a powerful collection of rules for ensuring fair trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs netotrade Commission And Fees
IC Markets and netotrade are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 different types of fees for this purpose.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you're paying a spread, financing rate, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither IC Markets or netotrade charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and netotrade are comparatively competitive. As a result, you're billed more for non-trading activities in your trading account, such as withdrawal and deposits. These are not about the sale and purchase of assets.
This IC Markets vs netotrade review for 2023 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And netotrade
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What Languages Do IC Markets And netotrade Support?
Being able to chat easily with your online broker is a key way of comparing brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both IC Markets and netotrade offer communication in.
How Many Clients Do IC Markets and netotrade Have?
Both IC Markets and netotrade are well established with their client 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 users IC Markets and netotrade are working with
|Clients / Users||60,000+||14,000,000+|
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What Payment Methods Do IC Markets and netotrade Accept?
IC Markets and netotrade 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 netotrade
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What Can You Trade With IC Markets and netotrade?
IC Markets offers 232 trading instruments and netotrade offers 166.
Below you will find a full breakdown of what both IC Markets and netotrade offer.
Compare IC Markets To All Other Brokers
Compare netotrade To All Other Brokers
IC Markets Review
IC Markets vs netotrade:
Table Of Contents
- Compare IC Markets vs netotrade
- Benefits of IC Markets and netotrade Compared
- netotrade and IC Markets Mobile App Comparison
- IC Markets vs netotrade - Awards
- IC Markets vs netotrade - Frequently Asked Questions
- What is the minimum deposit for netotrade or IC Markets
- IC Markets vs netotrade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And netotrade
- What Languages Do IC Markets And netotrade Support?
- How Many Clients Do IC Markets and netotrade Have?
- What Payment Methods Do IC Markets and netotrade Accept?
- What Can You Trade With IC Markets and netotrade?