IC Markets vs traders way, for 2022
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IC Markets Rating: 8.34 / 10 |
traders way Rating: 4.85 / 10 |
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs traders way Guide |
Read our In-Depth IC Markets vs traders way Review - for 2022
This IC Markets vs traders way 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 traders way review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
traders way Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between IC Markets or traders way. Who should you choose?
Our IC Markets vs traders way review contains the latest information so you can easily compare traders way against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. IC Markets and traders way are just two such trading platforms that will take you along with your investment to great heights. It's crucial to compare IC Markets vs traders way before you trust them with your cash.
Our IC Markets vs traders way comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and traders way side by side.
Our full IC Markets vs traders way Review covers all you will need to learn about trading using either IC Markets or traders way. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It's a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and traders way are both brokers that have forged their way successfully to the brokerage world. In this review, we've attempted to collate some of the important aspects of both IC Markets and traders way. This review can allow you to know whether either traders way or IC Markets is a fantastic match for your investments or not. We've tried to breakdown all the features and fees for your convenience.
Compare IC Markets vs traders way
Every online trading platform has a few pros and cons, and no IC Markets and traders way review would be complete without having a balanced approach. Compare IC Markets and traders way to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of IC Markets and traders way Compared
IC Markets has a minimum deposit of $200 while traders way offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and traders way 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 whilst traders way allows you to trade around 232 available.
The more financial instruments you can trade on the IC Markets and traders way 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 traders way.
IC Markets and traders way Contact Details
Being able to contact a broker easily is a sign of a professional broker. IC Markets and traders way have the following contact details and social medias that you can use.
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Broker | IC Markets | traders way |
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
IC Markets Twitter Account | traders way Twitter Account | |
IC Markets Facebook Page | traders way Facebook Page | |
IC Markets Instagram Account | traders way Instagram Account | |
IC Markets LinkedIn Page | traders way LinkedIn Page | |
YouTube | IC Markets YouTube Channel | traders way YouTube Channel |
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traders way 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 traders way 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
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 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 traders way - Awards
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Broker | IC Markets | traders way |
Awards |
IC Markets have won several industry awards over the time they have been running as an online trading platform. We detail the most notable awards for IC Markets here.
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At the time of writing this traders way review, and despite traders way’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs traders way - Frequently Asked Questions
IC Markets vs traders way - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
traders way was founded in 2012 and has its headquaters in Grenadines.
What is the minimum deposit for traders way or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for traders way 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 traders way are a good choice.
IC Markets vs traders way - 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).
traders way 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-F327.
Both IC Markets and traders way have a strong set of rules for ensuring honest trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs traders way Commission And Fees
IC Markets and traders way are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 different types of fees for this objective.
The first kind of charges to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're paying a spread, funding speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people who 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 dependent on the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or traders way charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees billed by IC Markets and traders way are comparatively higher. As a result, you are billed more for non-trading actions in your trading account, like withdrawal and deposits. These aren't about the sale and purchase of resources.
This IC Markets vs traders way review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And traders way
What Languages Do IC Markets And traders way Support?
Being able to chat completely with your online platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both IC Markets and traders way offer communication in.
How Many Clients Do IC Markets and traders way Have?
Both IC Markets and traders way are well established with their customer base. It is 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 are using their services.
Below you will find details of how many customers IC Markets and traders way are active on their platform
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Broker | IC Markets | traders way |
Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and traders way Accept?
IC Markets and traders way 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 traders way
What Can You Trade With IC Markets and traders way?
IC Markets offers 232 trading instruments and traders way offers 210.
Below you will find a full breakdown of what both IC Markets and traders way offer.
Compare IC Markets To All Other Brokers
Compare traders way To All Other Brokers
IC Markets Review
IC Markets vs traders way:
Table Of Contents
- Compare IC Markets vs traders way
- Benefits of IC Markets and traders way Compared
- traders way and IC Markets Mobile App Comparison
- IC Markets vs traders way - Awards
- IC Markets vs traders way - Frequently Asked Questions
- What is the minimum deposit for traders way or IC Markets
- IC Markets vs traders way - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And traders way
- What Languages Do IC Markets And traders way Support?
- How Many Clients Do IC Markets and traders way Have?
- What Payment Methods Do IC Markets and traders way Accept?
- What Can You Trade With IC Markets and traders way?