IC Markets vs onetrade, 2022 Update
|
|
|
IC Markets Rating: 8.34 / 10 |
onetrade Rating: 5.00 / 10 |
|
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs onetrade Guide |
|
Read our In-Depth IC Markets vs onetrade Review - for 2022
This IC Markets vs onetrade review has been updated for 2022 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 onetrade review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
onetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between IC Markets or onetrade. Who should you choose?
Our IC Markets vs onetrade review contains the latest information so you can easily compare onetrade 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 world of trading demands expert analyzing skills and thorough knowledge. You'll get adept at all of the concepts of broker as you keep trading. For starters, you need to choose the ideal agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and onetrade are just two such trading platforms which will take you and your investment to great heights. It is crucial to compare IC Markets vs onetrade before you trust them with your cash.
Our IC Markets vs onetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and onetrade side by side.
Our entire IC Markets vs onetrade Review covers everything you will need to learn about trading using either IC Markets or onetrade. A good agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It is a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and onetrade are both brokers which have found their way successfully into the broker world. In this review, we've attempted to collate some of the important facets of both IC Markets and onetrade. This review will help you to know whether either onetrade or IC Markets is a fantastic match for your investments or not. We've attempted to breakdown all of the features and fees for your advantage.
Compare IC Markets vs onetrade
Every online trading platform will have some ups and downs, and no IC Markets and onetrade review would be complete without showing both sides. Compare IC Markets and onetrade 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.
Benefits of IC Markets and onetrade Compared
IC Markets has a minimum deposit of $200 while onetrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and onetrade 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 while onetrade has around 232 financial instruments available.
The more financial instruments you can trade on the IC Markets and onetrade 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 onetrade.
IC Markets and onetrade Contact Details
Being able to contact a broker through many ways is important. IC Markets and onetrade have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | IC Markets | onetrade |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | onetrade Twitter Account | |
| IC Markets Facebook Page | onetrade Facebook Page | |
| IC Markets Instagram Account | onetrade Instagram Account | |
| IC Markets LinkedIn Page | onetrade LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | onetrade YouTube Channel |
| Find Out More |
|
|
onetrade 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 onetrade will examine whether their mobile app meets all our requirements.
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
Search Functions
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 onetrade - Awards
|
|
||
|---|---|---|
| Broker | IC Markets | onetrade |
| Awards |
IC Markets have won a lot of industry awards over the time they have been operating as an online broker. We list the most notable awards for IC Markets below.
|
At the time of writing this onetrade review, and despite onetrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
IC Markets vs onetrade - Frequently Asked Questions
IC Markets vs onetrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
onetrade was founded in 2011 and has its headquaters in Russia.
What is the minimum deposit for onetrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for onetrade is $250.
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 onetrade are a good choice.
IC Markets vs onetrade - 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).
onetrade 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-F290.
Both IC Markets and onetrade have a strong collection of rules for ensuring fair trading onto their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their 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 onetrade Commission And Fees
IC Markets and onetrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily influenced by the number of clients they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you are spending 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 denotes the difference between the buying and selling price. Financing or overnight rates are people that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or onetrade charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees billed by IC Markets and onetrade are comparatively lower. As a result, you're billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This IC Markets vs onetrade review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And onetrade
|
|
||
|---|---|---|
| Broker | IC Markets | onetrade |
| Minimum Deposit | $200 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
|
|
What Languages Do IC Markets And onetrade Support?
Being able to talk easily with your trading platform is a key way of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both IC Markets and onetrade support.
How Many Clients Do IC Markets and onetrade Have?
Both IC Markets and onetrade are well established with their customer base. 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 clients are using their services.
Below you will find details of how many users IC Markets and onetrade have
|
|
||
|---|---|---|
| Broker | IC Markets | onetrade |
| Clients / Users | 60,000+ | 142,500+ |
| Find Out More |
|
|
What Payment Methods Do IC Markets and onetrade Accept?
IC Markets and onetrade 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 onetrade
|
|
||
|---|---|---|
| Broker | IC Markets | onetrade |
| 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 onetrade?
IC Markets offers 232 trading instruments while onetrade offers 173.
Below you will find a full breakdown of what both IC Markets and onetrade offer.
Compare IC Markets To All Other Brokers
Compare onetrade To All Other Brokers
