IC Markets vs tegasfx, Who's Better?
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IC Markets Rating
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tegasfx Rating
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Losses can exceed deposits |
Your capital is at risk |
IC Markets vs tegasfx Guide |
Read our In-Depth IC Markets vs tegasfx Review - 2023 Update
This review comparing IC Markets and tegasfx has been revised to reflect any changes for 2023 from seasoned professionals boasting considerable financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs tegasfx does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
tegasfx Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs tegasfx
All trading platforms has a few advantages and disadvantages, and any comprehensive analysis of IC Markets vs tegasfx cannnot be regarded as thorough without embracing an objective perspective.
Examine IC Markets and tegasfx to understand how these platforms line up with each prior to you decide to make an account. A side-by-side comparison will put things in perspective in order that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between IC Markets or tegasfx. Which one is best in 2023?
Our IC Markets vs tegasfx comparison contains the most recent information so you can easily compare tegasfx against IC Markets.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will 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.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and tegasfx are two such companies that will take you along with your investment into great heights. It's important to compare IC Markets vs tegasfx before you trust them with your cash.
Our IC Markets vs tegasfx comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and tegasfx side by side.
Our full IC Markets vs tegasfx Review covers all you need to learn about trading using either IC Markets or tegasfx. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you select them. It's a frequent misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and tegasfx are both brokers that have found their way successfully into the broker world. Within this review, we've attempted to collate some of the vital facets of both IC Markets and tegasfx. This review will allow you to know whether either tegasfx or IC Markets is a good fit for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Benefits of IC Markets and tegasfx Compared
IC Markets offers a minimum deposit of $200 while tegasfx offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and tegasfx 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 tegasfx allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and tegasfx 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or tegasfx.
IC Markets and tegasfx Contact Details
Being able to contact your broker through many ways is vital. IC Markets and tegasfx have the following contact details and social medias that you can use.
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Broker | IC Markets | tegasfx |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | tegasfx Twitter Account | |
IC Markets Facebook Page | tegasfx Facebook Page | |
IC Markets Instagram Account | tegasfx Instagram Account | |
IC Markets LinkedIn Page | tegasfx LinkedIn Page | |
YouTube | IC Markets YouTube Channel | tegasfx YouTube Channel |
Find Out More |
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tegasfx 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 tegasfx we'll check whether either of their mobile apps tick all the boxes.
We rate overall 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 tegasfx - Awards
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Broker | IC Markets | tegasfx |
Awards |
IC Markets have won many industry awards over the time they have been operating as an online trading platform. We list the most recognised awards for IC Markets here.
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At the time of writing this tegasfx review, and despite tegasfx’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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IC Markets vs tegasfx - Frequently Asked Questions
IC Markets vs tegasfx - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
tegasfx was founded in 2017 and has its headquaters in Cyprus.
What is the minimum deposit for tegasfx or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for tegasfx 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 tegasfx are a good choice.
IC Markets vs tegasfx - 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).
tegasfx 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-F320.
Both IC Markets and tegasfx have a powerful collection of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare IC Markets vs tegasfx Commission And Fees
IC Markets and tegasfx are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an online broker is not necessarily affected by the number of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this objective.
The first sort of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the prices vary 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 cost. Financing or overnight prices are those who are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or tegasfx charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees billed by IC Markets and tegasfx are comparatively lower. As a result, you are charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This IC Markets vs tegasfx review for 2023 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And tegasfx
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Broker | IC Markets | tegasfx |
Minimum Deposit | $200 | $250 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | Yes |
CFD Fees | Yes | No |
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What Languages Do IC Markets And tegasfx Support?
Being able to communicate easily with your trading platform is a key way of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both IC Markets and tegasfx support.
How Many Clients Do IC Markets and tegasfx Have?
Both IC Markets and tegasfx are well known and trusted. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers IC Markets and tegasfx have
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Broker | IC Markets | tegasfx |
Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and tegasfx Accept?
IC Markets and tegasfx 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 tegasfx
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Broker | IC Markets | tegasfx |
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 tegasfx?
IC Markets offers 232 trading instruments whilst tegasfx offers 203.
Below you will find a full breakdown of what both IC Markets and tegasfx offer.
IC Markets Review
IC Markets vs tegasfx:
Table Of Contents
- Compare IC Markets vs tegasfx
- Benefits of IC Markets and tegasfx Compared
- tegasfx and IC Markets Mobile App Comparison
- IC Markets vs tegasfx - Awards
- IC Markets vs tegasfx - Frequently Asked Questions
- What is the minimum deposit for tegasfx or IC Markets
- IC Markets vs tegasfx - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And tegasfx
- What Languages Do IC Markets And tegasfx Support?
- How Many Clients Do IC Markets and tegasfx Have?
- What Payment Methods Do IC Markets and tegasfx Accept?
- What Can You Trade With IC Markets and tegasfx?