IC Markets vs tegasfx, Who's The Best?
IC Markets Rating: 8.34 / 10
tegasfx Rating: 6.35 / 10
Losses can exceed deposits
Your capital is at risk
IC Markets vs tegasfx Guide
Read our In-Depth IC Markets vs tegasfx Review - Updated for 2022
This IC Markets vs tegasfx review has been updated for 2022 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 tegasfx review 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.
So you are looking for a reputable broker and are choosing between IC Markets or tegasfx. Which one is best in 2022?
Our IC Markets vs tegasfx review 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 nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You will get proficient at all of the concepts of broker as you keep trading. For starters, you need to select the right agent who'll be transparent with you always.
Within 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 tegasfx are two such stages which will take you along with your investment into great heights. It is important to compare IC Markets vs tegasfx before you trust them with your money.
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 know about trading with either IC Markets or tegasfx. A good agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and tegasfx are both brokers that have paved their way successfully into the brokerage world. In this review, we have attempted to collate some of the vital aspects of both IC Markets and tegasfx. This review will help you to understand whether either tegasfx or IC Markets is a good match for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.
Compare IC Markets vs tegasfx
Every online trading system will have some pros and cons, and no IC Markets and tegasfx review would be complete without having a balanced approach. Compare IC Markets and tegasfx to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
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 financial instruments 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 should 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 a broker simply is important. IC Markets and tegasfx have the following contact details and social medias that you can use.
|Telephone Number||+248 467 19 76|
|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||
tegasfx 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 tegasfx will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Although most brokers do OK in this area, there are some bad apples out there. 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 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
IC Markets have won many industry awards over the time they have been operating as a financial broker. We list the most recognised awards for IC Markets below.
|At the time of writing this tegasfx review, and despite tegasfx’s impressive offering, the company has surprisingly not garnered any awards to date.|
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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 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 tegasfx are a good option.
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 strong set of rules for ensuring honest trading onto their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client data is to not 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 broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily affected by the amount of customers they have.
However, this does not necessarily 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 fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're billed 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 charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees billed by IC Markets and tegasfx are comparatively higher. Consequently, you're charged more for non-trading activities in your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This IC Markets vs tegasfx review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And tegasfx
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What Languages Do IC Markets And tegasfx Support?
Being able to talk easily with your trading platform is a key way of comparing brokers to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you will find the languages that both IC Markets and tegasfx offer communication in.
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 professional and one of the easiest 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 tegasfx have
|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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What Can You Trade With IC Markets and tegasfx?
IC Markets offers 232 trading instruments and tegasfx offers 203.
Below you will find a full breakdown of what both IC Markets and tegasfx offer.
Compare IC Markets To All Other Brokers
Compare tegasfx To All Other Brokers
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?