fx global markets
ICICI Direct
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
fx global markets was founded in 2017 and is headquartered in United States, while ICICI Direct was established in 1994 and is based in India. fx global markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) among others. fx global markets serves 10,000+ clients worldwide; ICICI Direct has 2,000,000+. The minimum deposit is $250 at fx global markets and $0 at ICICI Direct.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2017 | 1994 |
| Country | United States | India |
| Clients | 10,000+ | 2,000,000+ |
Fees
Fees are a critical factor when choosing between fx global markets and ICICI Direct, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fx global markets). fx global markets charges withdrawal fees while ICICI Direct does not, a notable advantage for frequent withdrawers. ICICI Direct applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; ICICI Direct does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
fx global markets offers MT4, MT5, cTrader, while ICICI Direct supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fx global markets and ICICI Direct 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. fx global markets scores higher overall in education and research.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while ICICI Direct supports 1 (bank transfer). fx global markets uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx global markets and ICICI Direct offer live chat support. Both provide phone support. Email support is available at both brokers. fx global markets supports 8 languages and ICICI Direct supports 13, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | fx global markets | ICICI Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |