forex4you vs IC Markets, 2024 Update
forex4you Rating
|
IC Markets Rating
|
Your capital is at risk |
Losses can exceed deposits |
forex4you vs IC Markets Guide |
Read our In-Depth forex4you vs IC Markets Review - Updated for 2024
This forex4you vs IC Markets review has been refreshed to reflect any changes for 2024 from seasoned professionals boasting extensive financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of forex4you vs IC Markets does not apply to all countries as follows:
forex4you 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 forex4you vs IC Markets
Each platforms for online trading feature a few pros and cons, so a complete review of forex4you and IC Markets cannnot be complete without embracing an objective perspective.
Assess IC Markets and forex4you to get a better understanding of how these platforms stack up with each before you decide to open an account. A side-by-side comparison can bring aspects into perspective in order that you're informed about what you should anticipate.
So you are looking for a professional broker and are choosing between forex4you or IC Markets. Which one is best in 2024?
Our forex4you vs IC Markets comparison contains the latest information so you can easily compare IC Markets against forex4you.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You will acquire adept at all of the concepts of broker since you continue trading. For starters, you need to choose the ideal broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. forex4you and IC Markets are two such companies which will take you along with your investment to great heights. It's crucial that you compare forex4you vs IC Markets until you trust them with your money.
Our forex4you vs IC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust forex4you and IC Markets side by side.
Our entire forex4you vs IC Markets Review covers everything you need to learn about trading with either forex4you or IC Markets. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.
There is no sure-fire method to ensure profits; therefore, you should carefully assess your broker before you choose them. It is a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.
forex4you and IC Markets are both brokers which have forged their way successfully into the broker world. Within this review, we've tried to collate a number of the important facets of both forex4you and IC Markets. This review can allow you to know whether either IC Markets or forex4you is a fantastic match for your investments or not. We have tried to breakdown all of the features and fees for your convenience.
Benefits of forex4you and IC Markets Compared
forex4you has a minimum deposit of $250 while IC Markets has a $200 minimum deposit.
Why smaller minimum deposits are good and how forex4you 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.
forex4you allows you to trade around 110 financial instruments while IC Markets has around 110 financial instruments on their platform.
The more instruments you can trade on the forex4you and IC Markets 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 should never want to miss out on a trading opportunity due to the limitations of forex4you or IC Markets.
forex4you and IC Markets Contact Details
Being able to contact your broker through many ways is important. forex4you and IC Markets have the following contact details and social medias that you can use.
Broker | forex4you | IC Markets |
---|---|---|
Telephone Number | +248 467 19 76 | |
support@icmarkets.com | ||
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
forex4you Twitter Account | IC Markets Twitter Account | |
forex4you Facebook Page | IC Markets Facebook Page | |
forex4you Instagram Account | IC Markets Instagram Account | |
forex4you LinkedIn Page | IC Markets LinkedIn Page | |
YouTube | forex4you YouTube Channel | IC Markets YouTube Channel |
Find Out More |
|
|
IC Markets and forex4you 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 forex4you and IC Markets will examine whether their mobile app meets all our requirements.
We rate overall 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
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
forex4you vs IC Markets - Awards
Broker | forex4you | IC Markets |
---|---|---|
Awards | At the time of writing this forex4you review, and despite forex4you’s impressive offering, the company has surprisingly not garnered any awards to date. |
IC Markets have won numerous industry awards over the years they have been running as an online broker. We detail the most notable awards for IC Markets here.
|
Find Out More |
|
|
forex4you vs IC Markets - Frequently Asked Questions
forex4you vs IC Markets - Headquarters And Year Of Founding
forex4you was founded in 2020 and has its headquaters in UK.
IC Markets was founded in 2007 and has its head office in Australia.
What is the minimum deposit for IC Markets or forex4you
The minimum deposit for forex4you 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 forex4you and IC Markets are a good choice.
forex4you vs IC Markets - Regulation And Licencing In More Detail
forex4you 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-F227.
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Both forex4you and IC Markets have a strong set of rules for ensuring fair trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare forex4you vs IC Markets Commission And Fees
forex4you 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 businesses of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the number of clients they have.
But this does not necessarily 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 3 different types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing rate, or a commission. The kinds 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 refers to the difference between the buying and selling price. Financing or overnight prices are those who are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither forex4you or IC Markets charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by forex4you and IC Markets are relatively higher. Consequently, you're charged more for non-trading activities on your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This forex4you vs IC Markets review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For forex4you And IC Markets
What Languages Do forex4you And IC Markets Support?
Being able to chat easily with your trading broker is a key element when comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you will find the languages that both forex4you and IC Markets support.
How Many Clients Do forex4you and IC Markets Have?
Both forex4you and IC Markets are well known and trusted. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers forex4you and IC Markets have
Broker | forex4you | IC Markets |
---|---|---|
Clients / Users | 142,500+ | 60,000+ |
Find Out More |
|
|
What Payment Methods Do forex4you and IC Markets Accept?
forex4you 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 forex4you and IC Markets
Broker | forex4you | 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 |
|
|
What Can You Trade With forex4you and IC Markets?
forex4you offers 110 trading instruments whilst IC Markets offers 232.
Below you will find a full breakdown of what both forex4you and IC Markets offer.
forex4you Review
forex4you vs IC Markets:
Table Of Contents
- Compare forex4you vs IC Markets
- Benefits of forex4you and IC Markets Compared
- IC Markets and forex4you Mobile App Comparison
- forex4you vs IC Markets - Awards
- forex4you vs IC Markets - Frequently Asked Questions
- What is the minimum deposit for IC Markets or forex4you
- forex4you vs IC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For forex4you And IC Markets
- What Languages Do forex4you And IC Markets Support?
- How Many Clients Do forex4you and IC Markets Have?
- What Payment Methods Do forex4you and IC Markets Accept?
- What Can You Trade With forex4you and IC Markets?