IC Markets vs stforex, Updated for 2024
IC Markets Rating
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stforex Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs stforex Guide |
Read our In-Depth IC Markets vs stforex Review - for 2024
This comprehensive analysis of IC Markets and stforex has been refreshed for 2024 by knowledgeable insiders boasting considerable expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs stforex does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
stforex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs stforex
All online trading platforms will have some pros and cons, so any comprehensive analysis of IC Markets vs stforex cannnot be regarded as thorough without adopting an objective perspective.
Assess stforex and IC Markets to understand the way these platforms line up to each other prior to you make an account. Conducting a comprehensive comparison can put things in perspective to ensure that you're cognizant of the expectations.
So you are looking for a broker and are choosing between IC Markets or stforex. Who should you choose?
This IC Markets vs stforex comparison contains the latest information so you can easily compare stforex against IC Markets.
If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker since you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and stforex are just two such stages that will take you along with your investment to great heights. It's important that you compare IC Markets vs stforex until you trust them with your cash.
Our IC Markets vs stforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and stforex side by side.
Our full IC Markets vs stforex Review covers everything you will need to know about trading using either IC Markets or stforex. A good broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and stforex are both brokers which have paved their way successfully to the brokerage world. Within this review, we have tried to collate a number of the vital facets of both IC Markets and stforex. This review will help you to understand whether either stforex or IC Markets is a fantastic match for your own investments or not. We've tried to breakdown all the qualities and fees for your convenience.
Benefits of IC Markets and stforex Compared
IC Markets offers a minimum deposit of $200 while stforex has a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and stforex 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 stforex allows you to trade around 232 financial instruments on their platform.
The more financial instruments you can trade on the IC Markets and stforex 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 stforex.
IC Markets and stforex Contact Details
Being able to contact your broker through many ways is important. IC Markets and stforex have the following contact details and social medias that you can use.
Broker | IC Markets | stforex |
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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 | stforex Twitter Account | |
IC Markets Facebook Page | stforex Facebook Page | |
IC Markets Instagram Account | stforex Instagram Account | |
IC Markets LinkedIn Page | stforex LinkedIn Page | |
YouTube | IC Markets YouTube Channel | stforex YouTube Channel |
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stforex 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 stforex 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
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 stforex - Awards
Broker | IC Markets | stforex |
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Awards |
IC Markets have won several industry awards over the time they have been running as an online broker. We list the most notable awards for IC Markets below.
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At the time of writing this stforex review, and despite stforex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs stforex - Frequently Asked Questions
IC Markets vs stforex - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
stforex was founded in 2019 and has its headquaters in Portugal.
What is the minimum deposit for stforex or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for stforex 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 stforex are a good choice.
IC Markets vs stforex - 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).
stforex 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-F310.
Both IC Markets and stforex have a strong collection of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs stforex Commission And Fees
IC Markets and stforex are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 different types of fees for this objective.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you are paying a spread, funding speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither IC Markets or stforex charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by IC Markets and stforex are comparatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not about the sale and purchase of resources.
This IC Markets vs stforex review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And stforex
Broker | IC Markets | stforex |
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Minimum Deposit | $200 | $250 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | Yes | Yes |
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What Languages Do IC Markets And stforex Support?
Being able to talk easily with your trading broker is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you will find all the languages that both IC Markets and stforex support.
How Many Clients Do IC Markets and stforex Have?
Both IC Markets and stforex are well known and trusted. 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 clients they already work with.
Below you will find details of how many customers IC Markets and stforex have
Broker | IC Markets | stforex |
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Clients / Users | 60,000+ | 14,000+ |
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What Payment Methods Do IC Markets and stforex Accept?
IC Markets and stforex 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 stforex
Broker | IC Markets | stforex |
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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 stforex?
IC Markets offers 232 trading instruments whilst stforex offers 193.
Below you will find a full breakdown of what both IC Markets and stforex offer.
IC Markets Review
IC Markets vs stforex:
Table Of Contents
- Compare IC Markets vs stforex
- Benefits of IC Markets and stforex Compared
- stforex and IC Markets Mobile App Comparison
- IC Markets vs stforex - Awards
- IC Markets vs stforex - Frequently Asked Questions
- What is the minimum deposit for stforex or IC Markets
- IC Markets vs stforex - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And stforex
- What Languages Do IC Markets And stforex Support?
- How Many Clients Do IC Markets and stforex Have?
- What Payment Methods Do IC Markets and stforex Accept?
- What Can You Trade With IC Markets and stforex?