IC Markets vs zulutrade, Updated for 2023
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IC Markets Rating
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zulutrade Rating
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Losses can exceed deposits |
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IC Markets vs zulutrade Guide |
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Read our In-Depth IC Markets vs zulutrade Review - Updated for 2023
This IC Markets vs zulutrade 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 zulutrade review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
zulutrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs zulutrade
Every online trading platform will have a few ups and downs, and no IC Markets and zulutrade review would be complete without having a balanced approach. Compare IC Markets and zulutrade to understand how they line 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.
So you are looking for a professional broker and are choosing between IC Markets or zulutrade. Which one is best in 2023?
Our IC Markets vs zulutrade comparison contains the most recent information so you can easily compare zulutrade against IC Markets.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and zulutrade are just two such stages which will take you along with your investment to great heights. It's important that you compare IC Markets vs zulutrade until you trust them with your cash.
Our IC Markets vs zulutrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and zulutrade side by side.
Our entire IC Markets vs zulutrade Review covers everything you need to learn about trading using either IC Markets or zulutrade. A good broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It's a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
IC Markets and zulutrade are both brokers that have found their way successfully to the broker world. In this review, we have tried to collate a number of the vital facets of both IC Markets and zulutrade. This review will help you to know whether either zulutrade or IC Markets is a fantastic match for your own investments or not. We have tried to breakdown all the features and charges for your advantage.
Benefits of IC Markets and zulutrade Compared
IC Markets has a minimum deposit of $200 while zulutrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and zulutrade 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 zulutrade has around 232 financial instruments on their platform.
The more instruments you can trade on the IC Markets and zulutrade 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 zulutrade.
IC Markets and zulutrade Contact Details
Being able to contact a broker through many ways is vital. IC Markets and zulutrade have the following contact details and social medias that you can use.
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| Broker | IC Markets | zulutrade |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | zulutrade Twitter Account | |
| IC Markets Facebook Page | zulutrade Facebook Page | |
| IC Markets Instagram Account | zulutrade Instagram Account | |
| IC Markets LinkedIn Page | zulutrade LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | zulutrade YouTube Channel |
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zulutrade 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 zulutrade will examine whether their mobile app meets all our requirements.
Overall, we rate 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. 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 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 zulutrade - Awards
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| Broker | IC Markets | zulutrade |
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IC Markets have won many industry awards over the time they have been operating as a financial broker. We detail the most notable awards for IC Markets here.
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At the time of writing this zulutrade review, and despite zulutrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs zulutrade - Frequently Asked Questions
IC Markets vs zulutrade - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
zulutrade was founded in 2019 and has its headquaters in Geneva.
What is the minimum deposit for zulutrade or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for zulutrade 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 zulutrade are a good option.
IC Markets vs zulutrade - 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).
zulutrade 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-F334.
Both IC Markets and zulutrade have a strong set of rules for ensuring honest trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare IC Markets vs zulutrade Commission And Fees
IC Markets and zulutrade are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the number 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 primarily 3 different types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, financing speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or zulutrade 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 smaller sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and zulutrade are comparatively greater. Consequently, you're billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.
This IC Markets vs zulutrade review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IC Markets And zulutrade
What Languages Do IC Markets And zulutrade Support?
Being able to communicate easily with your trading platform is a key way of comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website 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 zulutrade support.
How Many Clients Do IC Markets and zulutrade Have?
Both IC Markets and zulutrade are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users IC Markets and zulutrade are working with
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| Broker | IC Markets | zulutrade |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and zulutrade Accept?
IC Markets and zulutrade 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 zulutrade
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| Broker | IC Markets | zulutrade |
| 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 zulutrade?
IC Markets offers 232 trading instruments whilst zulutrade offers 217.
Below you will find a full breakdown of what both IC Markets and zulutrade offer.
Compare IC Markets To All Other Brokers
Compare zulutrade To All Other Brokers