IC Markets
morrison securities pty limited
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Overview
IC Markets was founded in 2007 and is headquartered in Australia, while morrison securities pty limited was established in 2014 and is based in Malta. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while morrison securities pty limited is regulated by Financial Conduct Authority (FCA) among others. IC Markets serves 60,000+ clients worldwide; morrison securities pty limited has 12,000,000+. The minimum deposit is $200 at IC Markets and $250 at morrison securities pty limited.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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-F281 |
| Founded | 2007 | 2014 |
| Country | Australia | Malta |
| Clients | 60,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between IC Markets and morrison securities pty limited, 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 morrison securities pty limited). morrison securities pty limited charges withdrawal fees while IC Markets does not, giving IC Markets an edge for frequent withdrawers. morrison securities pty limited applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; morrison securities pty limited does not. Overall, IC Markets scores higher on fees in our assessment.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
IC Markets offers MT4, MT5, cTrader, while morrison securities pty limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which morrison securities pty limited does not offer. The two brokers are closely matched on platform offering.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| 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, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, 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 IC Markets and morrison securities pty limited compare. IC Markets runs regular live webinars; morrison securities pty limited does not. IC Markets has a video library; morrison securities pty limited does not. IC Markets publishes daily market commentary; morrison securities pty limited does not. IC Markets integrates third-party research tools (Trading Central, Autochartist); morrison securities pty limited does not. IC Markets maintains an archive of past webinars for on-demand viewing. IC Markets scores higher overall in education and research.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IC Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while morrison securities pty limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both IC Markets and morrison securities pty limited 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.
| Feature | IC Markets | morrison securities pty limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |