PUPRIME vs IC Markets, Updated for 2024

Compare PUPRIME vs IC Markets

Every online trading platforms feature some ups and downs, so any comprehensive analysis of PUPRIME vs IC Markets would not be complete without adopting an objective perspective.

Assess PUPRIME and IC Markets to understand how they stack up with one another before you choose to open an account. A comparative analysis can bring aspects in perspective so that you are aware of what to expect.

So you are looking for a reputable broker and are choosing between PUPRIME or IC Markets. Which one is best in 2024?

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

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 assessing skills and thorough understanding. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to select the right agent who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. PUPRIME and IC Markets are two such stages that will take you along with your investment to great heights. It's important to compare PUPRIME vs IC Markets until you trust them with your cash.

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 all you need to learn about trading with either PUPRIME or IC Markets. A fantastic broker can multiply your first investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.

There is no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a common misconception that all brokers will be the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.

PUPRIME and IC Markets are both brokers that have forged their way successfully into the broker world. Within this review, we have attempted to collate a number of the vital aspects of both PUPRIME and IC Markets. This review will allow you to know whether either IC Markets or PUPRIME is a fantastic match for your own investments or not. We've tried to breakdown all of the features and fees 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 while IC Markets has around 1500 available.

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

PUPRIME and IC Markets Contact Details

Being able to contact an online trading platform through many ways is vital. 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.

We rate overall the user-friendliness of both apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. 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?

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 headquaters in Seychelles.

IC Markets was founded in 2007 and has its headquaters 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 collection of rules for ensuring fair trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare PUPRIME vs IC Markets Commission And Fees

PUPRIME and IC Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the number of clients they have.

However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 types of fees for this purpose.

The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such instances, you're paying a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than a day.

Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither PUPRIME or IC Markets charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often trade, such as weekly or daily trading.

However, non-trading fees charged by PUPRIME and IC Markets are comparatively lower. As a result, you're billed more for non-trading activities in your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.

This PUPRIME vs IC Markets review for 2024 breaks down each of the applicable non-trading fees for you in detail.

Compare Broker Fees For PUPRIME And IC Markets

What Languages Do PUPRIME And IC Markets Support?

Being able to talk easily with your trading platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.

Here you will find all the languages that both PUPRIME and IC Markets support.

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 easiest ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many customers PUPRIME and IC Markets are working with

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 and IC Markets offers 232.

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