afx group vs IC Markets, Who's The Best?
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afx group Rating
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IC Markets Rating
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afx group vs IC Markets Guide |
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Read our In-Depth afx group vs IC Markets Review - 2026 Update
This comprehensive analysis of afx group and IC Markets has been revised to reflect any changes for 2026 by knowledgeable insiders boasting considerable financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of afx group vs IC Markets does not apply to all countries as follows:
afx group 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 afx group vs IC Markets
Each online trading platforms will have certain pros and cons, and a complete afx group and IC Markets review cannnot be regarded as thorough without embracing an objective perspective.
Compare afx group and IC Markets to understand how they stack up against each other prior to you choose to make an account. A comprehensive comparison can bring aspects into perspective in order that you remain aware of what to expect.
So you are looking for an online trading platform and are choosing between afx group or IC Markets. Who is better in 2026?
Our afx group vs IC Markets comparison contains the most recent information so you can easily compare IC Markets against afx group.
If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. afx group and IC Markets are just two such platforms that will take you along with your investment into great heights. It's crucial to compare afx group vs IC Markets before you trust them with your cash.
Our afx group vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust afx group and IC Markets side by side.
Our full afx group vs IC Markets Review covers everything you will need to know about trading with either afx group or IC Markets. A good agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
afx group and IC Markets are both brokers which have forged their way successfully to the brokerage world. In this review, we've tried to collate a number of the vital facets of both afx group and IC Markets. This review will help you to know whether either IC Markets or afx group is a good match for your investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.
Benefits of afx group and IC Markets Compared
afx group has a minimum deposit of $250 while IC Markets offers a $200 minimum deposit.
Why smaller minimum deposits are good and how afx group 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.
afx group allows you to trade around 103 financial instruments while IC Markets allows you to trade around 103 financial instruments on their platform.
The more instruments you can trade on the afx group 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 afx group or IC Markets.
afx group and IC Markets Contact Details
Being able to contact a broker simply is important. afx group and IC Markets have the following contact details and social medias that you can use.
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| Broker | afx group | IC Markets |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| afx group Twitter Account | IC Markets Twitter Account | |
| afx group Facebook Page | IC Markets Facebook Page | |
| afx group Instagram Account | IC Markets Instagram Account | |
| afx group LinkedIn Page | IC Markets LinkedIn Page | |
| YouTube | afx group YouTube Channel | IC Markets YouTube Channel |
| Find Out More |
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IC Markets and afx group Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing afx group and IC Markets will examine whether their mobile app meets all our requirements.
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
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?
afx group vs IC Markets - Awards
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| Broker | afx group | IC Markets |
| Awards | At the time of writing this afx group review, and despite afx group’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won a lot of industry awards over the time they have been running as an online broker. We detail the most recognised awards for IC Markets here.
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afx group vs IC Markets - Frequently Asked Questions
afx group vs IC Markets - Headquarters And Year Of Founding
afx group was founded in 2013 and has its head office in Geneva.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or afx group
The minimum deposit for afx group is $250.
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 afx group and IC Markets are a good option.
afx group vs IC Markets - Regulation And Licencing In More Detail
afx group 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-F220.
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both afx group and IC Markets have a strong collection of rules for ensuring fair trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare afx group vs IC Markets Commission And Fees
afx group and IC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of fees for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither afx group or IC Markets charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees charged by afx group and IC Markets are relatively competitive. Consequently, you are billed more for non-trading activities in your trading account, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This afx group vs IC Markets review for 2026 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For afx group And IC Markets
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| Broker | afx group | IC Markets |
| Minimum Deposit | $250 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
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What Languages Do afx group And IC Markets Support?
Being able to talk completely with your online broker is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both afx group and IC Markets offer communication in.
How Many Clients Do afx group and IC Markets Have?
Both afx group and IC Markets are well established with their customer base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers afx group and IC Markets are working with
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| Broker | afx group | IC Markets |
| Clients / Users | 14,000,000+ | 60,000+ |
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What Payment Methods Do afx group and IC Markets Accept?
afx group 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 afx group and IC Markets
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| Broker | afx group | IC Markets |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Payoneer | Yes | No |
| Neteller | Yes | Yes |
| Find Out More |
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What Can You Trade With afx group and IC Markets?
afx group offers 103 trading instruments and IC Markets offers 232.
Below you will find a full breakdown of what both afx group and IC Markets offer.
afx group Review
afx group vs IC Markets:
Table Of Contents
- Compare afx group vs IC Markets
- Benefits of afx group and IC Markets Compared
- IC Markets and afx group Mobile App Comparison
- afx group vs IC Markets - Awards
- afx group vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or afx group
- afx group vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For afx group And IC Markets
- What Languages Do afx group And IC Markets Support?
- How Many Clients Do afx group and IC Markets Have?
- What Payment Methods Do afx group and IC Markets Accept?
- What Can You Trade With afx group and IC Markets?

