IC Markets
Uniglobe Markets
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Overview
IC Markets was founded in 2007 and is headquartered in Australia, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. IC Markets holds licences including Australian Securities and Investment Commission (ASIC), while Uniglobe Markets is regulated by Unregulated among others. IC Markets serves 60,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $200 at IC Markets and $10 at Uniglobe Markets.
| Feature | IC Markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $200 | $10 |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 2007 | 2008 |
| Country | Australia | Marshall Islands |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IC Markets and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $200 at IC Markets). Neither broker charges withdrawal fees. IC Markets charges deposit fees; Uniglobe Markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.
| Feature | IC Markets | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $200 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
IC Markets offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IC Markets supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | IC Markets | Uniglobe Markets |
|---|---|---|
| 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IC Markets and Uniglobe Markets compare. IC Markets runs regular live webinars; Uniglobe Markets does not. IC Markets has a video library; Uniglobe Markets does not. IC Markets publishes daily market commentary; Uniglobe Markets does not. IC Markets integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets 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 | Uniglobe Markets |
|---|---|---|
| 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 Uniglobe Markets supports 2 (bank transfer, credit/debit card). IC Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. IC Markets scores higher on deposit and withdrawal flexibility.
| Feature | IC Markets | Uniglobe Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| 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 IC Markets and Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. IC Markets supports 8 languages and Uniglobe Markets supports 2, giving IC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | IC Markets | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, and Chinese |