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Burrell Stockbroking logo

Burrell Stockbroking

7.3/10

IC Markets

8/10
6/10RegulationWinner9/10
8/10WinnerFees6/10
9/10PlatformsTied9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Burrell Stockbroking was founded in 1968 and is headquartered in Australia, while IC Markets was established in 2007 and is based in Australia. Burrell Stockbroking holds licences including Malta Financial Services Authority (MFSA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Burrell Stockbroking serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $100 at Burrell Stockbroking and $200 at IC Markets.

IC Markets wins this category
FeatureBurrell StockbrokingIC Markets
Min. Deposit$100$200
RegulationMalta Financial Services Authority (MFSA)Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Founded19682007
CountryAustraliaAustralia
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Burrell Stockbroking and IC Markets, directly affecting your bottom line as a trader. Burrell Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IC Markets). Neither broker charges withdrawal fees. IC Markets charges deposit fees; Burrell Stockbroking does not. Overall, Burrell Stockbroking scores higher on fees in our assessment.

Burrell Stockbroking wins this category
FeatureBurrell StockbrokingIC Markets
Min. Deposit$100$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Burrell Stockbroking offers MT4, MT5, cTrader, while IC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which Burrell Stockbroking does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBurrell StockbrokingIC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone,MacMT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Burrell Stockbroking and IC Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. IC Markets scores higher overall in education and research.

IC Markets wins this category
FeatureBurrell StockbrokingIC Markets
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

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

IC Markets wins this category
FeatureBurrell StockbrokingIC 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 Burrell Stockbroking and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Burrell Stockbroking supports 2 languages and IC Markets supports 8, giving IC Markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBurrell StockbrokingIC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more