icm capital
WellsTrade
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Overview
icm capital was founded in 2015 and is headquartered in Geneva, while WellsTrade was established in 2008 and is based in United States. icm capital holds licences including Financial Conduct Authority (FCA), while WellsTrade is regulated by Unregulated among others. icm capital serves 10,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $250 at icm capital and $30 at WellsTrade.
| Feature | icm capital | WellsTrade |
|---|---|---|
| Min. Deposit | $250 | $30 |
| Regulation | 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-F258 | Unregulated |
| Founded | 2015 | 2008 |
| Country | Geneva | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between icm capital and WellsTrade, directly affecting your bottom line as a trader. icm capital has a lower barrier to entry with a minimum deposit of $250 (vs $30 at WellsTrade). icm capital charges withdrawal fees while WellsTrade does not, a notable advantage for frequent withdrawers. Overall, WellsTrade scores higher on fees in our assessment.
| Feature | icm capital | WellsTrade |
|---|---|---|
| Min. Deposit | $250 | $30 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
icm capital offers MT4, MT5, cTrader, while WellsTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. icm capital supports social and copy trading features, which WellsTrade does not offer. The two brokers are closely matched on platform offering.
| Feature | icm capital | WellsTrade |
|---|---|---|
| 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 | iPhone,Tablet,Mac,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how icm capital and WellsTrade compare. icm capital runs regular live webinars; WellsTrade does not. icm capital has a video library; WellsTrade does not. icm capital publishes daily market commentary; WellsTrade does not. icm capital integrates third-party research tools (Trading Central, Autochartist); WellsTrade does not. icm capital maintains an archive of past webinars for on-demand viewing. icm capital scores higher overall in education and research.
| Feature | icm capital | WellsTrade |
|---|---|---|
| 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. icm capital accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while WellsTrade supports 2 (bank transfer, credit/debit card). icm capital uniquely supports PayPal and Skrill and Neteller among the two brokers. icm capital scores higher on deposit and withdrawal flexibility.
| Feature | icm capital | WellsTrade |
|---|---|---|
| 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 icm capital and WellsTrade offer live chat support. Both provide phone support. Email support is available at both brokers. icm capital supports 8 languages and WellsTrade supports 2, giving icm capital broader global reach. Both brokers are comparable on support quality.
| Feature | icm capital | WellsTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |