IC Markets vs selftrade, 2025 Update
IC Markets Rating
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selftrade Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs selftrade Guide |
Read our In-Depth IC Markets vs selftrade Review - Updated for 2025
This review comparing IC Markets and selftrade has been refreshed for 2025 by seasoned professionals boasting extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs selftrade does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
selftrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs selftrade
Every online trading platforms will have a few ups and downs, so a complete review of IC Markets and selftrade should not be regarded as thorough without adopting a balanced approach.
Assess selftrade and IC Markets in order to understand the way they line up to each prior to you create an account. Conducting a comparative analysis helps to put things in perspective to ensure that you're aware of the expectations.
So you are looking for a broker and are choosing between IC Markets or selftrade. Which one is best in 2025?
This IC Markets vs selftrade comparison contains the latest information so you can easily compare selftrade against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the right broker who'll be clear with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and selftrade are just two such platforms that will take you along with your investment into great heights. It is crucial to compare IC Markets vs selftrade before you trust them with your money.
Our IC Markets vs selftrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and selftrade side by side.
Our entire IC Markets vs selftrade Review covers all you need to know about trading using either IC Markets or selftrade. A fantastic broker can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a common misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
IC Markets and selftrade are both brokers that have forged their way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of both IC Markets and selftrade. This review can allow you to understand whether either selftrade or IC Markets is a good fit for your investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of IC Markets and selftrade Compared
IC Markets offers a minimum deposit of $200 while selftrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and selftrade 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 while selftrade allows you to trade around 232 available.
The more financial instruments you can trade on the IC Markets and selftrade 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 selftrade.
IC Markets and selftrade Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. IC Markets and selftrade have the following contact details and social medias that you can use.
Broker | IC Markets | selftrade |
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Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | selftrade Twitter Account | |
IC Markets Facebook Page | selftrade Facebook Page | |
IC Markets Instagram Account | selftrade Instagram Account | |
IC Markets LinkedIn Page | selftrade LinkedIn Page | |
YouTube | IC Markets YouTube Channel | selftrade YouTube Channel |
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selftrade 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.
This part of comparing IC Markets and selftrade 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 selftrade - Awards
Broker | IC Markets | selftrade |
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Awards |
IC Markets have won several industry awards over the time they have been running as an online trading platform. We show the most recognised awards for IC Markets below.
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At the time of writing this selftrade review, and despite selftrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs selftrade - Frequently Asked Questions
IC Markets vs selftrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
selftrade was founded in 2013 and has its head office in Australia.
What is the minimum deposit for selftrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for selftrade 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 selftrade are a good choice.
IC Markets vs selftrade - 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).
selftrade 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-F304.
Both IC Markets and selftrade have a powerful set of rules for ensuring fair trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs selftrade Commission And Fees
IC Markets and selftrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you're paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither IC Markets or selftrade charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often trade, for example weekly or daily trading.
But, non-trading fees charged by IC Markets and selftrade are comparatively greater. Consequently, you're charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This IC Markets vs selftrade review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And selftrade
What Languages Do IC Markets And selftrade Support?
Being able to chat completely with your online broker is a key part 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 factor to success when trading online.
Here you will find all the languages that both IC Markets and selftrade offer communication in.
How Many Clients Do IC Markets and selftrade Have?
Both IC Markets and selftrade are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients IC Markets and selftrade are working with
Broker | IC Markets | selftrade |
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Clients / Users | 60,000+ | 14,000,000+ |
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What Payment Methods Do IC Markets and selftrade Accept?
IC Markets and selftrade 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 selftrade
Broker | IC Markets | selftrade |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | No | Yes |
Neteller | Yes | Yes |
Find Out More |
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What Can You Trade With IC Markets and selftrade?
IC Markets offers 232 trading instruments whilst selftrade offers 187.
Below you will find a full breakdown of what both IC Markets and selftrade offer.
IC Markets Review
IC Markets vs selftrade:
Table Of Contents
- Compare IC Markets vs selftrade
- Benefits of IC Markets and selftrade Compared
- selftrade and IC Markets Mobile App Comparison
- IC Markets vs selftrade - Awards
- IC Markets vs selftrade - Frequently Asked Questions
- What is the minimum deposit for selftrade or IC Markets
- IC Markets vs selftrade - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And selftrade
- What Languages Do IC Markets And selftrade Support?
- How Many Clients Do IC Markets and selftrade Have?
- What Payment Methods Do IC Markets and selftrade Accept?
- What Can You Trade With IC Markets and selftrade?