B
Argonaut Securities logo

Argonaut Securities

8.4/10
ifc markets logo

ifc markets

7.3/10
7/10RegulationWinner10/10
10/10WinnerFees0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while ifc markets was established in 2016 and is based in Cyprus. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while ifc markets is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $1 at Argonaut Securities and $250 at ifc markets.

Argonaut Securities wins this category
FeatureArgonaut Securitiesifc markets
Min. Deposit$1$250
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)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-F259
Founded20092016
CountryAustraliaCyprus
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and ifc markets, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ifc markets). Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; Argonaut Securities does not. Argonaut Securities charges deposit fees; ifc markets does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut Securitiesifc markets
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which ifc markets does not offer. Argonaut Securities edges ahead on platform breadth and functionality in our scoring.

Argonaut Securities wins this category
FeatureArgonaut Securitiesifc markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and ifc markets compare. Argonaut Securities runs regular live webinars; ifc markets does not. Both provide video tutorials. Argonaut Securities publishes daily market commentary; ifc markets does not. Both integrate third-party research tools. Argonaut Securities maintains an archive of past webinars for on-demand viewing. Argonaut Securities scores higher overall in education and research.

Argonaut Securities wins this category
FeatureArgonaut Securitiesifc markets
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

ifc markets wins this category
FeatureArgonaut Securitiesifc markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureArgonaut Securitiesifc markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic