B
hsbc online share trading logo

hsbc online share trading

7/10

IC Markets

8/10
10/10WinnerRegulation9/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

hsbc online share trading was founded in 2013 and is headquartered in United States, while IC Markets was established in 2007 and is based in Australia. hsbc online share trading holds licences including Financial Conduct Authority (FCA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. hsbc online share trading serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $250 at hsbc online share trading and $200 at IC Markets.

IC Markets wins this category
Featurehsbc online share tradingIC Markets
Min. Deposit$250$200
RegulationFinancial 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-F256Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Founded20132007
CountryUnited StatesAustralia
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between hsbc online share trading and IC Markets, directly affecting your bottom line as a trader. IC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at hsbc online share trading). Neither broker charges withdrawal fees. hsbc online share trading charges deposit fees; IC Markets does not. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
Featurehsbc online share tradingIC Markets
Min. Deposit$250$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

hsbc online share trading offers MT4, MT5, cTrader, while IC Markets 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.

Tied
Featurehsbc online share tradingIC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, 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 hsbc online share trading and IC Markets compare. IC Markets runs regular live webinars; hsbc online share trading does not. IC Markets has a video library; hsbc online share trading does not. IC Markets publishes daily market commentary; hsbc online share trading does not. IC Markets integrates third-party research tools (Trading Central, Autochartist); hsbc online share trading does not. IC Markets maintains an archive of past webinars for on-demand viewing. IC Markets scores higher overall in education and research.

IC Markets wins this category
Featurehsbc online share tradingIC Markets
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. hsbc online share trading accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IC Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
Featurehsbc online share tradingIC Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both hsbc online share trading and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
Featurehsbc online share tradingIC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more