IC Markets vs freetrade, Who's Better?

Compare IC Markets vs freetrade

All online trading platforms feature certain pros and cons, and any comprehensive IC Markets and freetrade review cannnot be regarded as thorough without having a balanced approach.

Compare freetrade and IC Markets in order to understand the way they line up with each before you decide to make an account. Performing a comprehensive comparison helps to place factors in perspective to ensure that you're cognizant of what to expect.

So you are looking for a professional broker and are choosing between IC Markets or freetrade. Who is better in 2025?

This IC Markets vs freetrade comparison contains the latest information so you can easily compare freetrade against IC Markets.

If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll get proficient at all the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who will be clear with you always.

In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and freetrade are two such stages that will take you and your investment into great heights. It's crucial to compare IC Markets vs freetrade before you trust them with your cash.

Our IC Markets vs freetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and freetrade side by side.

Our full IC Markets vs freetrade Review covers all you will need to learn about trading with either IC Markets or freetrade. A good agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing goals.

There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you select them. It is a frequent misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.

IC Markets and freetrade are both brokers which have forged their way successfully to the broker world. Within this review, we have tried to collate some of the vital aspects of both IC Markets and freetrade. This review will allow you to understand whether either freetrade or IC Markets is a good fit for your investments or not. We've tried to breakdown all the features and charges for your advantage.

Benefits of IC Markets and freetrade Compared

IC Markets has a minimum deposit of $200 while freetrade offers a $0 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and freetrade 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.

IC Markets allows you to trade around 232 financial instruments while freetrade allows you to trade around 232 financial instruments on their platform.

The more financial instruments you can trade on the IC Markets and freetrade 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 never want to miss out on a trading opportunity due to the limitations of IC Markets or freetrade.

IC Markets and freetrade Contact Details

Being able to contact an online trading platform simply is vital. IC Markets and freetrade have the following contact details and social medias that you can use.

freetrade and IC Markets 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 IC Markets and freetrade 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 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. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

IC Markets vs freetrade - Awards

IC Markets vs freetrade - Frequently Asked Questions

IC Markets vs freetrade - Headquarters And Year Of Founding

IC Markets was founded in 2007 and has its head office in Australia.

freetrade was founded in 2016 and has its headquaters in United Kingdom.

What is the minimum deposit for freetrade or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for freetrade is $0.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and freetrade are a good option.

IC Markets vs freetrade - Regulation And Licencing In More Detail

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).

Both IC Markets and freetrade have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their own privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare IC Markets vs freetrade Commission And Fees

IC Markets and freetrade are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.

However, this doesn't 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 primarily 3 different types of penalties for this objective.

The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are people who are charged when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.

In general, neither IC Markets or freetrade charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often exchange, such as daily or weekly trading.

However, non-trading fees charged by IC Markets and freetrade are comparatively higher. As a result, you're charged more for non-trading activities on your trading account, such as withdrawal and deposits. These are not about the purchase and sale of assets.

This IC Markets vs freetrade review for 2025 breaks down each of the applicable non-trading fees for you in detail.

Compare Broker Fees For IC Markets And freetrade

What Languages Do IC Markets And freetrade Support?

Being able to chat completely with your online 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 app as it is a key factor to success when trading forex.

Below you will find all the languages that both IC Markets and freetrade support.

How Many Clients Do IC Markets and freetrade Have?

Both IC Markets and freetrade are well established with their customer base. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many clients IC Markets and freetrade are active on their platform

What Payment Methods Do IC Markets and freetrade Accept?

IC Markets and freetrade 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 IC Markets and freetrade

What Can You Trade With IC Markets and freetrade?

IC Markets offers 232 trading instruments while freetrade offers 115.

Below you will find a full breakdown of what both IC Markets and freetrade offer.