Wealthfront vs IC Markets, Who's Better?
Wealthfront Rating
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IC Markets Rating
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Your capital is at risk |
Losses can exceed deposits |
Wealthfront vs IC Markets Guide |
Read our In-Depth Wealthfront vs IC Markets Review - for 2025
This Wealthfront vs IC Markets review has been updated to reflect any changes for 2025 by seasoned professionals boasting considerable financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Wealthfront vs IC Markets does not apply to all countries as follows:
Wealthfront Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare Wealthfront vs IC Markets
All online trading platforms will have some pros and cons, so a complete review of Wealthfront and IC Markets should not be regarded as thorough without adopting a balanced approach.
Assess Wealthfront and IC Markets in order to understand the way they stack up to each prior to you open an account. A comparative analysis will put things in perspective in order that you remain informed about what to expect.
So you are looking for an online trading platform and are choosing between Wealthfront or IC Markets. Which one is best in 2025?
Our Wealthfront vs IC Markets comparison contains the latest information so you can easily compare IC Markets against Wealthfront.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will get adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. Wealthfront and IC Markets are two such trading platforms which will take you along with your investment into great heights. It's crucial to compare Wealthfront vs IC Markets before you trust them with your money.
Our Wealthfront vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Wealthfront and IC Markets side by side.
Our entire Wealthfront vs IC Markets Review covers all you will need to know about trading with either Wealthfront or IC Markets. A good broker can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It is a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
Wealthfront and IC Markets are both brokers that have found their way successfully into the brokerage world. In this review, we've tried to collate some of the vital aspects of both Wealthfront and IC Markets. This review will allow you to know whether either IC Markets or Wealthfront is a good match for your own investments or not. We've attempted to breakdown all the features and fees for your convenience.
Benefits of Wealthfront and IC Markets Compared
Wealthfront offers a minimum deposit of $500 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how Wealthfront 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.
Wealthfront has around 270 financial instruments whilst IC Markets has around 270 financial instruments on their platform.
The more instruments you can trade on the Wealthfront 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 Wealthfront or IC Markets.
Wealthfront and IC Markets Contact Details
Being able to contact a broker easily is important. Wealthfront and IC Markets have the following contact details and social medias that you can use.
Broker | Wealthfront | IC Markets |
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Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
Wealthfront Twitter Account | IC Markets Twitter Account | |
Wealthfront Facebook Page | IC Markets Facebook Page | |
Wealthfront Instagram Account | IC Markets Instagram Account | |
Wealthfront LinkedIn Page | IC Markets LinkedIn Page | |
YouTube | Wealthfront YouTube Channel | IC Markets YouTube Channel |
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IC Markets and Wealthfront 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 Wealthfront 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 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. 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?
Wealthfront vs IC Markets - Awards
Broker | Wealthfront | IC Markets |
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Awards | At the time of writing this Wealthfront review, and despite Wealthfront’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won many industry awards over the years they have been running as an online trading platform. We list the most recognised awards for IC Markets here.
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Wealthfront vs IC Markets - Frequently Asked Questions
Wealthfront vs IC Markets - Headquarters And Year Of Founding
Wealthfront was founded in 2008 and has its headquaters in USA.
IC Markets was founded in 2007 and has its head office in Australia.
What is the minimum deposit for IC Markets or Wealthfront
The minimum deposit for Wealthfront is $500.
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 Wealthfront and IC Markets are a good choice.
Wealthfront vs IC Markets - Regulation And Licencing In More Detail
Wealthfront is regulated by Unregulated.
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Wealthfront is unregulated but IC Markets has a strong set of rules for ensuring fair trading onto its own platforms. For information encryption functions, they provide industry-standard secure socket layer (SSL).
In accordance with their own privacy regulation, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Wealthfront vs IC Markets Commission And Fees
Wealthfront and IC Markets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
But 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 three types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither Wealthfront or IC Markets charge high fees in comparison to other online brokers. For operations other agents 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.
However, non-trading fees billed by Wealthfront and IC Markets are relatively higher. Consequently, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Wealthfront vs IC Markets review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Wealthfront And IC Markets
What Languages Do Wealthfront And IC Markets Support?
Being able to chat completely with your online platform is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you 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 Wealthfront and IC Markets offer communication in.
How Many Clients Do Wealthfront and IC Markets Have?
Both Wealthfront and IC Markets 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 Wealthfront and IC Markets have
Broker | Wealthfront | IC Markets |
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Clients / Users | 10,000+ | 60,000+ |
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What Payment Methods Do Wealthfront and IC Markets Accept?
Wealthfront 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 Wealthfront and IC Markets
Broker | Wealthfront | IC Markets |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | No |
Neteller | No | Yes |
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What Can You Trade With Wealthfront and IC Markets?
Wealthfront offers 270 trading instruments while IC Markets offers 232.
Below you will find a full breakdown of what both Wealthfront and IC Markets offer.
Wealthfront Review
Wealthfront vs IC Markets:
Table Of Contents
- Compare Wealthfront vs IC Markets
- Benefits of Wealthfront and IC Markets Compared
- IC Markets and Wealthfront Mobile App Comparison
- Wealthfront vs IC Markets - Awards
- Wealthfront vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or Wealthfront
- Wealthfront vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Wealthfront And IC Markets
- What Languages Do Wealthfront And IC Markets Support?
- How Many Clients Do Wealthfront and IC Markets Have?
- What Payment Methods Do Wealthfront and IC Markets Accept?
- What Can You Trade With Wealthfront and IC Markets?