PUPRIME vs IC Markets, Updated for 2023

Compare PUPRIME vs IC Markets

Every online trading platforms feature some ups and downs, so a complete PUPRIME and IC Markets review would not be regarded as thorough without embracing a balanced approach.

Examine PUPRIME and IC Markets in order to understand just how these platforms compare against each prior to you make an account. Conducting a comprehensive comparison will bring aspects into perspective to ensure that you are cognizant of the expectations.

So you are looking for a professional broker and are choosing between PUPRIME or IC Markets. Which one is best in 2023?

This PUPRIME vs IC Markets comparison contains the most recent information so you can easily compare IC Markets against PUPRIME.

If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will acquire adept at all the concepts of broker since you keep trading. For starters, you need to select the right agent who'll be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. PUPRIME and IC Markets are just two such platforms that will take you along with your investment to great heights. It's crucial to compare PUPRIME vs IC Markets until you trust them with your money.

Our PUPRIME vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and IC Markets side by side.

Our full PUPRIME vs IC Markets Review covers everything you will need to learn about trading with either PUPRIME or IC Markets. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.

PUPRIME and IC Markets are both brokers that have forged their way successfully into the broker world. In this review, we have attempted to collate a number of the vital aspects of both PUPRIME and IC Markets. This review can help you to know whether either IC Markets or PUPRIME is a good match for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.

Benefits of PUPRIME and IC Markets Compared

PUPRIME offers a minimum deposit of $50 while IC Markets has a $200 minimum deposit.

Why smaller minimum deposits are good and how PUPRIME and IC Markets 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.

PUPRIME has around 1500 financial instruments whilst IC Markets allows you to trade around 1500 financial instruments available.

The more instruments you can trade on the PUPRIME and IC Markets 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 PUPRIME or IC Markets.

PUPRIME and IC Markets Contact Details

Being able to contact an online trading platform simply is a sign of a professional broker. PUPRIME and IC Markets have the following contact details and social medias that you can use.

IC Markets and PUPRIME 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 PUPRIME and IC Markets 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 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?

PUPRIME vs IC Markets - Awards

PUPRIME vs IC Markets - Frequently Asked Questions

PUPRIME vs IC Markets - Headquarters And Year Of Founding

PUPRIME was founded in 2015 and has its head office in Seychelles.

IC Markets was founded in 2007 and has its head office in Australia.

What is the minimum deposit for IC Markets or PUPRIME

The minimum deposit for PUPRIME is $50.

The minimum deposit for IC Markets is $200.

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 PUPRIME and IC Markets are a good option.

PUPRIME vs IC Markets - Regulation And Licencing In More Detail

PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Both PUPRIME and IC Markets have a powerful set of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare PUPRIME vs IC Markets Commission And Fees

PUPRIME and IC Markets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 different types of penalties for this objective.

The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are paying a spread, financing rate, or a commission. The sorts of trading charges 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 gap between the buying and selling price. Financing or overnight rates are people that are charged when you hold a leveraged position for longer than daily.

Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.

Generally, neither PUPRIME or IC Markets charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, for example weekly or daily trading.

However, non-trading fees charged by PUPRIME and IC Markets are comparatively higher. Consequently, you are billed more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.

This PUPRIME vs IC Markets review for 2023 breaks down every one of the relevant non-trading charges for you in detail.

Compare Broker Fees For PUPRIME And IC Markets

What Languages Do PUPRIME And IC Markets Support?

Being able to talk completely with your trading platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.

Here you will find all the languages that both PUPRIME and IC Markets offer communication in.

How Many Clients Do PUPRIME and IC Markets Have?

Both PUPRIME and IC Markets are well established with their customer base. It is really important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many clients PUPRIME and IC Markets are active on their platform

What Payment Methods Do PUPRIME and IC Markets Accept?

PUPRIME and IC Markets 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 PUPRIME and IC Markets

What Can You Trade With PUPRIME and IC Markets?

PUPRIME offers 1500 trading instruments while IC Markets offers 232.

Below you will find a full breakdown of what both PUPRIME and IC Markets offer.