easyMarkets vs ICICI Direct, Updated for 2022
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easyMarkets Rating
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ICICI Direct Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs ICICI Direct Guide |
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Read our In-Depth easyMarkets vs ICICI Direct Review - Updated for 2022
This easyMarkets vs ICICI Direct review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs ICICI Direct review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
ICICI Direct Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs ICICI Direct
Every online trading platform has some pros and cons, and no easyMarkets and ICICI Direct review would be complete without having a balanced approach. Compare easyMarkets and ICICI Direct to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between easyMarkets or ICICI Direct. Who is better in 2022?
This easyMarkets vs ICICI Direct comparison contains the latest information so you can easily compare ICICI Direct against easyMarkets.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of broker since you continue trading. For starters, you have to choose the right broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and ICICI Direct are just two such trading platforms that will take you along with your investment to great heights. It is crucial that you compare easyMarkets vs ICICI Direct before you trust them with your money.
Our easyMarkets vs ICICI Direct comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and ICICI Direct side by side.
Our full easyMarkets vs ICICI Direct Review covers all you need to learn about trading with either easyMarkets or ICICI Direct. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It is a common misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
easyMarkets and ICICI Direct are both brokers that have found their way successfully to the broker world. Within this review, we've attempted to collate some of the vital facets of both easyMarkets and ICICI Direct. This review will allow you to know whether either ICICI Direct or easyMarkets is a good fit for your own investments or not. We have attempted to breakdown all of the qualities and fees for your convenience.
Benefits of easyMarkets and ICICI Direct Compared
easyMarkets offers a minimum deposit of $100 while ICICI Direct offers a $0 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and ICICI Direct 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.
easyMarkets allows you to trade around 200 financial instruments whilst ICICI Direct allows you to trade around 200 available.
The more financial instruments you can trade on the easyMarkets and ICICI Direct 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 seriously do not want to miss out on a trading opportunity due to the limitations of easyMarkets or ICICI Direct.
easyMarkets and ICICI Direct Contact Details
Being able to contact a broker easily is important. easyMarkets and ICICI Direct have the following contact details and social medias that you can use.
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| Broker | easyMarkets | ICICI Direct |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | ICICI Direct Twitter Account | |
| easyMarkets Facebook Page | ICICI Direct Facebook Page | |
| easyMarkets Instagram Account | ICICI Direct Instagram Account | |
| easyMarkets LinkedIn Page | ICICI Direct LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | ICICI Direct YouTube Channel |
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ICICI Direct and easyMarkets 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 easyMarkets and ICICI Direct we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the 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. 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 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?
easyMarkets vs ICICI Direct - Awards
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| Broker | easyMarkets | ICICI Direct |
| Awards |
easyMarkets have won many industry awards over the years they have been operating as an online broker. We detail the most notable awards for easyMarkets here.
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At the time of writing this ICICI Direct review, and despite ICICI Direct’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs ICICI Direct - Frequently Asked Questions
easyMarkets vs ICICI Direct - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
ICICI Direct was founded in 1994 and has its headquaters in India.
What is the minimum deposit for ICICI Direct or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for ICICI Direct is $0.
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 easyMarkets and ICICI Direct are a good choice.
easyMarkets vs ICICI Direct - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
ICICI Direct is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.
Both easyMarkets and ICICI Direct have a strong set of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs ICICI Direct Commission And Fees
easyMarkets and ICICI Direct are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an online broker isn't necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this objective.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're spending a spread, financing speed, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, neither easyMarkets or ICICI Direct charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees billed by easyMarkets and ICICI Direct are comparatively greater. Consequently, you are billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This easyMarkets vs ICICI Direct review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And ICICI Direct
What Languages Do easyMarkets And ICICI Direct Support?
Being able to talk completely with your trading broker is a key element when comparing brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you will find all the languages that both easyMarkets and ICICI Direct offer communication in.
How Many Clients Do easyMarkets and ICICI Direct Have?
Both easyMarkets and ICICI Direct are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers easyMarkets and ICICI Direct are working with
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| Broker | easyMarkets | ICICI Direct |
| Clients / Users | 142,500+ | 2,000,000+ |
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What Payment Methods Do easyMarkets and ICICI Direct Accept?
easyMarkets and ICICI Direct 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 easyMarkets and ICICI Direct
What Can You Trade With easyMarkets and ICICI Direct?
easyMarkets offers 200 trading instruments whilst ICICI Direct offers 5000.
Below you will find a full breakdown of what both easyMarkets and ICICI Direct offer.
Compare easyMarkets To All Other Brokers
Compare ICICI Direct To All Other Brokers