easyMarkets vs IC Markets, Updated for 2024
IC Markets Rating
73% of retail CFD accounts lose money with this provider.
Losses can exceed deposits
easyMarkets vs IC Markets Guide
Read our In-Depth easyMarkets vs IC Markets Review - Updated for 2024
This review comparing easyMarkets and IC Markets has been refreshed to reflect any changes for 2024 from seasoned professionals with years of financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs IC Markets 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.
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Compare easyMarkets vs IC Markets
Each platforms for online trading will have a few ups and downs, so a complete easyMarkets and IC Markets review should not be regarded as thorough without adopting a balanced approach.
Examine IC Markets and easyMarkets to understand the way these platforms compare with one another before you create an account. Performing a comprehensive comparison will bring aspects into perspective in order that you remain informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between easyMarkets or IC Markets. Which one is best in 2024?
Our easyMarkets vs IC Markets comparison contains the most recent information so you can easily compare IC Markets against easyMarkets.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and IC Markets are two such trading platforms that will take you along with your investment to great heights. It's important that you compare easyMarkets vs IC Markets before you trust them with your money.
Our easyMarkets vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and IC Markets side by side.
Our entire easyMarkets vs IC Markets Review covers everything you will need to know about trading using either easyMarkets or IC Markets. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully analyze your broker before you select them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
easyMarkets and IC Markets are both brokers which have forged their way successfully into the brokerage world. In this review, we've attempted to collate some of the important facets of both easyMarkets and IC Markets. This review can help you to know whether either IC Markets or easyMarkets is a good match for your own investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of easyMarkets and IC Markets Compared
easyMarkets offers a minimum deposit of $100 while IC Markets has a $200 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets 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.
easyMarkets has around 200 financial instruments while IC Markets allows you to trade around 200 on their platform.
The more financial instruments you can trade on the easyMarkets 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 should never want to miss out on a trading opportunity due to the limitations of easyMarkets or IC Markets.
easyMarkets and IC Markets Contact Details
Being able to contact your broker easily is vital. easyMarkets and IC Markets have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899||+248 467 19 76|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY||Level 4, 50 Carrington Street, Sydney NSW 2000|
|easyMarkets Twitter Account||IC Markets Twitter Account|
|easyMarkets Facebook Page||IC Markets Facebook Page|
|easyMarkets Instagram Account||IC Markets Instagram Account|
|easyMarkets LinkedIn Page||IC Markets LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||IC Markets YouTube Channel|
|Find Out More||
IC Markets and easyMarkets 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 easyMarkets and IC Markets will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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?
easyMarkets vs IC Markets - Awards
easyMarkets have won many industry awards over the years they have been running as an online broker. We detail the most notable awards for easyMarkets here.
IC Markets have won several industry awards over the years they have been operating as an online broker. We detail the most notable awards for IC Markets below.
|Find Out More||
easyMarkets vs IC Markets - Frequently Asked Questions
easyMarkets vs IC Markets - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
IC Markets was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for IC Markets or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for IC Markets is $200.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and IC Markets are a good choice.
easyMarkets vs IC Markets - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both easyMarkets and IC Markets have a strong collection of rules for ensuring honest trading on their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs IC Markets Commission And Fees
easyMarkets and IC Markets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily three types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or IC Markets charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by easyMarkets and IC Markets are comparatively higher. Consequently, you're billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This easyMarkets vs IC Markets review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And IC Markets
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What Languages Do easyMarkets And IC Markets Support?
Being able to talk completely with your trading platform is a key part of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both easyMarkets and IC Markets support.
How Many Clients Do easyMarkets and IC Markets Have?
Both easyMarkets and IC Markets are well established with their customer base. It is really important to work with a 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 clients easyMarkets and IC Markets are active on their platform
|Clients / Users||142,500+||60,000+|
|Find Out More||
What Payment Methods Do easyMarkets and IC Markets Accept?
easyMarkets 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 easyMarkets and IC Markets
|Find Out More||
What Can You Trade With easyMarkets and IC Markets?
easyMarkets offers 200 trading instruments and IC Markets offers 232.
Below you will find a full breakdown of what both easyMarkets and IC Markets offer.
easyMarkets vs IC Markets:
Table Of Contents
- Compare easyMarkets vs IC Markets
- Benefits of easyMarkets and IC Markets Compared
- IC Markets and easyMarkets Mobile App Comparison
- easyMarkets vs IC Markets - Awards
- easyMarkets vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or easyMarkets
- easyMarkets vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And IC Markets
- What Languages Do easyMarkets And IC Markets Support?
- How Many Clients Do easyMarkets and IC Markets Have?
- What Payment Methods Do easyMarkets and IC Markets Accept?
- What Can You Trade With easyMarkets and IC Markets?