IC Markets vs stforex, Who's The Best?
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IC Markets Rating
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stforex Rating
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Losses can exceed deposits |
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IC Markets vs stforex Guide |
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Read our In-Depth IC Markets vs stforex Review - 2023 Update
This IC Markets vs stforex 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 stforex review 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
Every online trading platform has a few pros and cons, and no IC Markets and stforex review would be complete without having a balanced approach. Compare IC Markets and stforex to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between IC Markets or stforex. Who should you choose?
Our IC Markets vs stforex comparison contains the latest information so you can easily compare stforex against IC Markets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You will get adept at all of the concepts of broker since you keep trading. For starters, you need to choose the right agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and stforex are two such platforms which will take you and your investment to great heights. It is important to compare IC Markets vs stforex until you trust them with your money.
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 all you will need to know about trading with either IC Markets or stforex. A good agent can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and stforex are both brokers which have forged their way successfully to the broker world. Within this review, we have tried to collate a number of the important aspects of both IC Markets and stforex. This review can allow you to know whether either stforex or IC Markets is a good fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Benefits of IC Markets and stforex Compared
IC Markets offers a minimum deposit of $200 while stforex offers 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 has around 232 financial instruments while stforex allows you to trade around 232 financial instruments on their platform.
The more 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 should 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 an online trading platform through many ways is important. IC Markets and stforex have the following contact details and social medias that you can use.
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| Broker | IC Markets | stforex |
| 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 |
| Find Out More |
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stforex 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 stforex 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 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 stforex - Awards
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| Broker | IC Markets | stforex |
| Awards |
IC Markets have won many industry awards over the time they have been operating as an online broker. We show 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. |
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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 current situation, 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 option.
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 powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
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 bill. The reason for 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.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you are spending a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or stforex charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller 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 stforex are relatively lower. As a result, you are billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This IC Markets vs stforex review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And stforex
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| Broker | IC Markets | stforex |
| 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 communicate completely with your online broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
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 established with their customer base. It is really 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 customers are using their services.
Below you will find details of how many customers IC Markets and stforex have
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| Broker | IC Markets | stforex |
| 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
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| Broker | IC Markets | stforex |
| 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 stforex?
IC Markets offers 232 trading instruments and stforex offers 193.
Below you will find a full breakdown of what both IC Markets and stforex offer.
Compare IC Markets To All Other Brokers
Compare stforex To All Other Brokers