IC Markets vs Ingot Brokers, 2023 Update

Compare IC Markets vs Ingot Brokers

Each platforms for online trading feature some pros and cons, so any comprehensive analysis of IC Markets vs Ingot Brokers cannnot be regarded as thorough without adopting an objective perspective.

Examine Ingot Brokers and IC Markets to understand how these platforms stack up to each other before you decide to create an account. Performing a side-by-side comparison will place factors into perspective in order that you're cognizant of what to expect.

So you are looking for a reputable broker and are choosing between IC Markets or Ingot Brokers. Who should you choose?

Our IC Markets vs Ingot Brokers comparison contains the latest information so you can easily compare Ingot Brokers against IC Markets.

If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the ideal agent who'll be transparent with you always.

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

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

Our entire IC Markets vs Ingot Brokers Review covers all you need to learn about trading using either IC Markets or Ingot Brokers. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investment goals.

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

IC Markets and Ingot Brokers are both brokers that have found their way successfully to the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both IC Markets and Ingot Brokers. This review will help you to know whether either Ingot Brokers or IC Markets is a fantastic match for your investments or not. We have tried to breakdown all the qualities and fees for your convenience.

Benefits of IC Markets and Ingot Brokers Compared

IC Markets has a minimum deposit of $200 while Ingot Brokers offers a $1000 minimum deposit.

Why smaller minimum deposits are good and how IC Markets and Ingot Brokers 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 whilst Ingot Brokers has around 232 on their platform.

The more instruments you can trade on the IC Markets and Ingot Brokers 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 IC Markets or Ingot Brokers.

IC Markets and Ingot Brokers Contact Details

Being able to contact a broker through many ways is important. IC Markets and Ingot Brokers have the following contact details and social medias that you can use.

Ingot Brokers and IC Markets Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.

In this part of our comparison of IC Markets and Ingot Brokers we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of both apps as better than 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 Ingot Brokers - Awards

IC Markets vs Ingot Brokers - Frequently Asked Questions

IC Markets vs Ingot Brokers - Headquarters And Year Of Founding

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

Ingot Brokers was founded in 2004 and has its head office in Australia.

What is the minimum deposit for Ingot Brokers or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for Ingot Brokers is $1000.

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 IC Markets and Ingot Brokers are a good choice.

IC Markets vs Ingot Brokers - 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).

Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC).

Both IC Markets and Ingot Brokers have a strong set of rules for ensuring honest trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare IC Markets vs Ingot Brokers Commission And Fees

IC Markets and Ingot Brokers are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of fees for this purpose.

The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In these instances, you are spending a spread, funding rate, or a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight rates are people that are charged when you hold a leveraged position for longer than daily.

Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They are billed for surgeries like depositing money, not trading for long periods, or withdrawals.

Generally, neither IC Markets or Ingot Brokers charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.

But, non-trading fees charged by IC Markets and Ingot Brokers are relatively competitive. Consequently, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.

This IC Markets vs Ingot Brokers review for 2023 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And Ingot Brokers

What Languages Do IC Markets And Ingot Brokers Support?

Being able to chat easily with your trading platform is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.

Below you can find the languages that both IC Markets and Ingot Brokers support.

How Many Clients Do IC Markets and Ingot Brokers Have?

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

Below you will find details of how many users IC Markets and Ingot Brokers are active on their platform

What Payment Methods Do IC Markets and Ingot Brokers Accept?

IC Markets and Ingot Brokers 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 Ingot Brokers

What Can You Trade With IC Markets and Ingot Brokers?

IC Markets offers 232 trading instruments while Ingot Brokers offers 100.

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