IC Markets vs questrade, for 2025

Compare IC Markets vs questrade

Each platforms for online trading feature some advantages and disadvantages, and any comprehensive review of IC Markets and questrade should not be complete without embracing a balanced approach.

Assess IC Markets and questrade to get a better understanding of the way these platforms line up to each other before you decide to create an account. A comprehensive comparison can place factors in perspective in order that you're informed about what you should anticipate.

So you are looking for an online trading platform and are choosing between IC Markets or questrade. Who is better in 2025?

This IC Markets vs questrade comparison contains the most recent information so you can easily compare questrade 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 understanding. You will acquire adept at all of the concepts of broker since you continue trading. For starters, you have to select the ideal agent who will 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 lead investment program has the potential to generate hefty returns. IC Markets and questrade are just two such stages that will take you and your investment into great heights. It is important to compare IC Markets vs questrade until you trust them with your cash.

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

Our entire IC Markets vs questrade Review covers everything you will need to know about trading using either IC Markets or questrade. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.

There is no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you choose them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.

IC Markets and questrade are both brokers that have paved their way successfully to the brokerage world. In this review, we have tried to collate some of the vital aspects of both IC Markets and questrade. This review can help you to understand whether either questrade or IC Markets is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.

Benefits of IC Markets and questrade Compared

IC Markets has a minimum deposit of $200 while questrade has a $250 minimum deposit.

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

The more financial instruments you can trade on the IC Markets and questrade 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 questrade.

IC Markets and questrade Contact Details

Being able to contact your broker simply is important. IC Markets and questrade have the following contact details and social medias that you can use.

questrade 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 questrade 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

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 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 questrade - Awards

IC Markets vs questrade - Frequently Asked Questions

IC Markets vs questrade - Headquarters And Year Of Founding

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

questrade was founded in 2019 and has its head office in New Zealand.

What is the minimum deposit for questrade or IC Markets

The minimum deposit for IC Markets is $200.

The minimum deposit for questrade is $250.

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 questrade are a good option.

IC Markets vs questrade - 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).

questrade 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-F298.

Both IC Markets and questrade have a strong collection of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs questrade Commission And Fees

IC Markets and questrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of clients they have.

However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.

The first kind 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 charged trading fees. In these cases, you're spending a spread, financing rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those that are billed when you hold a leveraged position for more than a day.

Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.

Generally, neither IC Markets or questrade charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often exchange, for example daily or weekly trading.

But, non-trading fees billed by IC Markets and questrade are comparatively greater. Consequently, you're charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.

This IC Markets vs questrade review for 2025 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For IC Markets And questrade

What Languages Do IC Markets And questrade Support?

Being able to communicate easily with your online broker is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading forex.

Below you can find all the languages that both IC Markets and questrade offer communication in.

How Many Clients Do IC Markets and questrade Have?

Both IC Markets and questrade are well established with their client base. It is really important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many users IC Markets and questrade are working with

What Payment Methods Do IC Markets and questrade Accept?

IC Markets and questrade 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 questrade

What Can You Trade With IC Markets and questrade?

IC Markets offers 232 trading instruments while questrade offers 181.

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