WellsTrade vs IC Markets, for 2026
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WellsTrade Rating
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IC Markets Rating
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WellsTrade vs IC Markets Guide |
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Read our In-Depth WellsTrade vs IC Markets Review - Updated for 2026
This review comparing WellsTrade and IC Markets has been refreshed to reflect any changes for 2026 by seasoned professionals boasting significant financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of WellsTrade vs IC Markets does not apply to all countries as follows:
WellsTrade 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 WellsTrade vs IC Markets
All trading platforms feature a few ups and downs, and any comprehensive review of WellsTrade and IC Markets cannnot be complete without adopting a fair assessment.
Compare WellsTrade and IC Markets to understand the way they compare to each before you decide to create an account. Performing a comparative analysis can place factors into perspective so that you are informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between WellsTrade or IC Markets. Which one is best in 2026?
This WellsTrade vs IC Markets comparison contains the most recent information so you can easily compare IC Markets against WellsTrade.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll get adept at all the concepts of broker as you continue trading. For starters, you need to choose the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. WellsTrade and IC Markets are just two such trading platforms which will take you along with your investment to great heights. It is important that you compare WellsTrade vs IC Markets before you trust them with your money.
Our WellsTrade vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust WellsTrade and IC Markets side by side.
Our full WellsTrade vs IC Markets Review covers all you need to know about trading with either WellsTrade or IC Markets. A fantastic 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 aligns with your investing objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
WellsTrade and IC Markets are both brokers that have found their way successfully to the brokerage world. Within this review, we have tried to collate some of the vital facets of both WellsTrade and IC Markets. This review can allow you to understand whether either IC Markets or WellsTrade is a good match for your investments or not. We have tried to breakdown all of the qualities and charges for your advantage.
Benefits of WellsTrade and IC Markets Compared
WellsTrade has a minimum deposit of $30 while IC Markets has a $200 minimum deposit.
Why smaller minimum deposits are good and how WellsTrade 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.
WellsTrade allows you to trade around 254 financial instruments while IC Markets allows you to trade around 254 on their platform.
The more financial instruments you can trade on the WellsTrade 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 seriously do not want to miss out on a trading opportunity due to the limitations of WellsTrade or IC Markets.
WellsTrade and IC Markets Contact Details
Being able to contact your broker simply is important. WellsTrade and IC Markets have the following contact details and social medias that you can use.
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| Broker | WellsTrade | IC Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| WellsTrade Twitter Account | IC Markets Twitter Account | |
| WellsTrade Facebook Page | IC Markets Facebook Page | |
| WellsTrade Instagram Account | IC Markets Instagram Account | |
| WellsTrade LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | WellsTrade YouTube Channel | IC Markets YouTube Channel |
| Find Out More |
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IC Markets and WellsTrade 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.
In this part of our comparison of WellsTrade and IC Markets we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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?
WellsTrade vs IC Markets - Awards
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| Broker | WellsTrade | IC Markets |
| Awards | At the time of writing this WellsTrade review, and despite WellsTrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won numerous industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for IC Markets here.
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WellsTrade vs IC Markets - Frequently Asked Questions
WellsTrade vs IC Markets - Headquarters And Year Of Founding
WellsTrade was founded in 2008 and has its headquaters in United States.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or WellsTrade
The minimum deposit for WellsTrade is $30.
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 WellsTrade and IC Markets are a good option.
WellsTrade vs IC Markets - Regulation And Licencing In More Detail
WellsTrade 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).
WellsTrade is unregulated but IC Markets has a powerful collection of rules for ensuring honest trading on its platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
As per their privacy policy, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare WellsTrade vs IC Markets Commission And Fees
WellsTrade and IC Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
But this doesn't 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 mainly three different types of fees for this purpose.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, financing rate, or a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those that are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither WellsTrade or IC Markets charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by WellsTrade and IC Markets are relatively greater. Consequently, you are charged more for non-trading actions in your trading account, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This WellsTrade vs IC Markets review for 2026 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For WellsTrade And IC Markets
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| Broker | WellsTrade | IC Markets |
| Minimum Deposit | $30 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
| Find Out More |
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What Languages Do WellsTrade And IC Markets Support?
Being able to talk easily with your online broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you will find all the languages that both WellsTrade and IC Markets support.
How Many Clients Do WellsTrade and IC Markets Have?
Both WellsTrade and IC Markets are well established with their customer base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users WellsTrade and IC Markets are working with
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| Broker | WellsTrade | IC Markets |
| Clients / Users | 10,000+ | 60,000+ |
| Find Out More |
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What Payment Methods Do WellsTrade and IC Markets Accept?
WellsTrade 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 WellsTrade and IC Markets
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| Broker | WellsTrade | IC Markets |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Payoneer | Yes | No |
| Neteller | No | Yes |
| Find Out More |
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What Can You Trade With WellsTrade and IC Markets?
WellsTrade offers 254 trading instruments and IC Markets offers 232.
Below you will find a full breakdown of what both WellsTrade and IC Markets offer.
WellsTrade Review
WellsTrade vs IC Markets:
Table Of Contents
- Compare WellsTrade vs IC Markets
- Benefits of WellsTrade and IC Markets Compared
- IC Markets and WellsTrade Mobile App Comparison
- WellsTrade vs IC Markets - Awards
- WellsTrade vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or WellsTrade
- WellsTrade vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For WellsTrade And IC Markets
- What Languages Do WellsTrade And IC Markets Support?
- How Many Clients Do WellsTrade and IC Markets Have?
- What Payment Methods Do WellsTrade and IC Markets Accept?
- What Can You Trade With WellsTrade and IC Markets?

