IC Markets vs questrade, for 2025
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IC Markets Rating
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questrade Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs questrade Guide |
Read our In-Depth IC Markets vs questrade Review - 2025 Update
Our review comparing IC Markets and questrade has been updated to reflect any changes for 2025 by knowledgeable insiders with considerable financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs questrade does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
questrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs questrade
All platforms for online trading has some pros and cons, and any comprehensive analysis of IC Markets vs questrade should not be regarded as thorough without adopting a fair assessment.
Compare IC Markets and questrade to get a better understanding of the way these platforms compare against each other before you open an account. A side-by-side comparison will place factors in perspective in order that you remain cognizant of what to expect.
So you are looking for an online trading platform and are choosing between IC Markets or questrade. Which one is best in 2025?
This IC Markets vs questrade comparison contains the latest information so you can easily compare questrade 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 requires expert assessing skills and thorough knowledge. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. IC Markets and questrade are two such trading platforms that will take you and your investment to great heights. It is crucial that you compare IC Markets vs questrade before you trust them with your money.
Our IC Markets vs questrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and questrade side by side.
Our full IC Markets vs questrade Review covers all you will need to learn about trading using either IC Markets or questrade. A good broker can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
IC Markets and questrade are both brokers that have paved their way successfully into the brokerage world. In this review, we have attempted to collate a number of the vital aspects of both IC Markets and questrade. This review will help you to understand whether either questrade or IC Markets is a fantastic match for your own investments or not. We've attempted to breakdown all the features and charges for your convenience.
Benefits of IC Markets and questrade Compared
IC Markets has a minimum deposit of $200 while questrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and questrade 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 questrade allows you to trade around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and questrade 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 questrade.
IC Markets and questrade Contact Details
Being able to contact an online trading platform simply is important. IC Markets and questrade have the following contact details and social medias that you can use.
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Broker | IC Markets | questrade |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | questrade Twitter Account | |
IC Markets Facebook Page | questrade Facebook Page | |
IC Markets Instagram Account | questrade Instagram Account | |
IC Markets LinkedIn Page | questrade LinkedIn Page | |
YouTube | IC Markets YouTube Channel | questrade YouTube Channel |
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questrade 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 questrade we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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 questrade - Awards
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Broker | IC Markets | questrade |
Awards |
IC Markets have won numerous industry awards over the time they have been operating as an online trading platform. We show the most notable awards for IC Markets here.
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At the time of writing this questrade review, and despite questrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs questrade - Frequently Asked Questions
IC Markets vs questrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
questrade was founded in 2019 and has its head office in New Zealand.
What is the minimum deposit for questrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for questrade 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 questrade are a good choice.
IC Markets vs questrade - 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).
questrade 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-F298.
Both IC Markets and questrade have a strong collection of rules for ensuring honest trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs questrade Commission And Fees
IC Markets and questrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker is not necessarily affected by the number of customers they have.
However, this doesn't necessarily 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 primarily 3 types of fees for this purpose.
The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people who are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or questrade 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 lesser sum. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees billed by IC Markets and questrade are relatively greater. Consequently, you are billed more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This IC Markets vs questrade review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And questrade
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Broker | IC Markets | questrade |
Minimum Deposit | $200 | $250 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | Yes | Yes |
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What Languages Do IC Markets And questrade Support?
Being able to communicate easily with your trading broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both IC Markets and questrade support.
How Many Clients Do IC Markets and questrade Have?
Both IC Markets and questrade are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers IC Markets and questrade have
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Broker | IC Markets | questrade |
Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and questrade Accept?
IC Markets and questrade 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 questrade
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Broker | IC Markets | questrade |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | No | Yes |
Neteller | Yes | Yes |
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What Can You Trade With IC Markets and questrade?
IC Markets offers 232 trading instruments while questrade offers 181.
Below you will find a full breakdown of what both IC Markets and questrade offer.
IC Markets Review
IC Markets vs questrade:
Table Of Contents
- Compare IC Markets vs questrade
- Benefits of IC Markets and questrade Compared
- questrade and IC Markets Mobile App Comparison
- IC Markets vs questrade - Awards
- IC Markets vs questrade - Frequently Asked Questions
- What is the minimum deposit for questrade or IC Markets
- IC Markets vs questrade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And questrade
- What Languages Do IC Markets And questrade Support?
- How Many Clients Do IC Markets and questrade Have?
- What Payment Methods Do IC Markets and questrade Accept?
- What Can You Trade With IC Markets and questrade?