Interactive Brokers vs icm capital, Updated for 2024
Read our In-Depth Interactive Brokers vs icm capital Review - for 2024
This review comparing Interactive Brokers and icm capital has been refreshed to reflect any changes for 2024 by industry experts boasting extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Interactive Brokers vs icm capital does not apply to all countries as follows:
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
icm capital Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Interactive Brokers vs icm capital
All platforms for online trading feature a few advantages and disadvantages, so any comprehensive review of Interactive Brokers and icm capital should not be regarded as thorough without embracing an objective perspective.
Examine icm capital and Interactive Brokers in order to understand the way they line up to each other before you make an account. Performing a comprehensive comparison helps to bring aspects in perspective in order that you remain aware of the expectations.
So you are looking for a professional broker and are choosing between Interactive Brokers or icm capital. Who should you choose?
Our Interactive Brokers vs icm capital comparison contains the most recent information so you can easily compare icm capital against Interactive Brokers.
If you're a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will get adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal agent who'll be clear with you always.
In this fast-paced universe 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. Interactive Brokers and icm capital are two such stages which will take you and your investment to great heights. It is important to compare Interactive Brokers vs icm capital before you trust them with your cash.
Our Interactive Brokers vs icm capital comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and icm capital side by side.
Our entire Interactive Brokers vs icm capital Review covers all you need to learn about trading using either Interactive Brokers or icm capital. A fantastic agent can multiply your first investments and give you positive profits. If you want to earn profits, you should trade with a broker service that aligns with your investment objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
Interactive Brokers and icm capital are both brokers which have forged their way successfully to the brokerage world. Within this review, we've tried to collate a number of the important facets of both Interactive Brokers and icm capital. This review will allow you to know whether either icm capital or Interactive Brokers is a good fit for your own investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Benefits of Interactive Brokers and icm capital Compared
Interactive Brokers offers a minimum deposit of $1 while icm capital has a $250 minimum deposit.
Why smaller minimum deposits are good and how Interactive Brokers and icm capital 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.
Interactive Brokers allows you to trade around 100 financial instruments whilst icm capital allows you to trade around 100 on their platform.
The more instruments you can trade on the Interactive Brokers and icm capital 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 Interactive Brokers or icm capital.
Interactive Brokers and icm capital Contact Details
Being able to contact an online trading platform through many ways is important. Interactive Brokers and icm capital have the following contact details and social medias that you can use.
Broker | Interactive Brokers | icm capital |
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Telephone Number | +1 203 618 5800 | |
support@interactivebrokers.com | ||
Address | One Pickwick Plz, Greenwich, Connecticut 06830, US | |
Interactive Brokers Twitter Account | icm capital Twitter Account | |
Interactive Brokers Facebook Page | icm capital Facebook Page | |
Interactive Brokers Instagram Account | icm capital Instagram Account | |
Interactive Brokers LinkedIn Page | icm capital LinkedIn Page | |
YouTube | Interactive Brokers YouTube Channel | icm capital YouTube Channel |
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icm capital and Interactive Brokers Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Interactive Brokers and icm capital we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
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?
Interactive Brokers vs icm capital - Awards
Broker | Interactive Brokers | icm capital |
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Awards |
Interactive Brokers have won many industry awards over the time they have been operating as an online broker. We show the most notable awards for Interactive Brokers below.
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At the time of writing this icm capital review, and despite icm capital’s impressive offering, the company has surprisingly not garnered any awards to date. |
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Interactive Brokers vs icm capital - Frequently Asked Questions
Interactive Brokers vs icm capital - Headquarters And Year Of Founding
Interactive Brokers was founded in 1977 and has its head office in United States.
icm capital was founded in 2015 and has its headquaters in Geneva.
What is the minimum deposit for icm capital or Interactive Brokers
The minimum deposit for Interactive Brokers is $1.
The minimum deposit for icm capital 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 Interactive Brokers and icm capital are a good option.
Interactive Brokers vs icm capital - Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
icm capital 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-F258.
Both Interactive Brokers and icm capital have a strong collection of rules for ensuring fair trading on their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Interactive Brokers vs icm capital Commission And Fees
Interactive Brokers and icm capital 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 much better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of fees for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are spending a spread, financing speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you maintain a leveraged position for more than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither Interactive Brokers or icm capital 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 smaller amount. This is beneficial for people who often trade, for example daily or weekly trading.
However, non-trading fees billed by Interactive Brokers and icm capital are comparatively higher. Consequently, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of resources.
This Interactive Brokers vs icm capital review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Interactive Brokers And icm capital
What Languages Do Interactive Brokers And icm capital Support?
Being able to communicate completely with your online 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 site and inside their app as it is a key factor to success when trading online.
Below you will find the languages that both Interactive Brokers and icm capital offer communication in.
How Many Clients Do Interactive Brokers and icm capital Have?
Both Interactive Brokers and icm capital are well known and trusted. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many users Interactive Brokers and icm capital are working with
What Payment Methods Do Interactive Brokers and icm capital Accept?
Interactive Brokers and icm capital 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 Interactive Brokers and icm capital
What Can You Trade With Interactive Brokers and icm capital?
Interactive Brokers offers 100 trading instruments while icm capital offers 141.
Below you will find a full breakdown of what both Interactive Brokers and icm capital offer.
Interactive Brokers Review
Interactive Brokers vs icm capital:
Table Of Contents
- Compare Interactive Brokers vs icm capital
- Benefits of Interactive Brokers and icm capital Compared
- icm capital and Interactive Brokers Mobile App Comparison
- Interactive Brokers vs icm capital - Awards
- Interactive Brokers vs icm capital - Frequently Asked Questions
- What is the minimum deposit for icm capital or Interactive Brokers
- Interactive Brokers vs icm capital - Regulation And Licencing In More Detail
- Compare Broker Fees For Interactive Brokers And icm capital
- What Languages Do Interactive Brokers And icm capital Support?
- How Many Clients Do Interactive Brokers and icm capital Have?
- What Payment Methods Do Interactive Brokers and icm capital Accept?
- What Can You Trade With Interactive Brokers and icm capital?