Online trading has taken over most of the trading world with the ease of sitting in your comfy chairs at home. Many a time people were subjected to fraudulent and theft cases with untrustworthy brokers but online trading and brokers have been a safe platform for trading since then.
Many well-known online brokers are regulated by the Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and many other well stock exchange companies that regulate the online brokerage companies and provide a set of standards and regulations to ensure safe and progressive trading.
The brokerages that do not comply with the set rules and standards of ASIC, FSA, FCA, etc. they are suspended from carrying out their operations.
Now that the online brokers and trading is safe from all frauds, the most asked question arises; “Which online broker should I choose for trading?”
For this particular reason, Compare Brokers allows you to compare the best online brokers depending on your preferences whether you want to trade in Stocks, Shares, Cryptocurrency, Indices, CFD, Commodities, and Forex.
Compare Brokers is one of the best websites that not only help you to compare different brokerages but also educates you on Financial Markets and Investment Products.
It is a 100% free authentic website that uses experienced industry experts with over 20 years of financial experience in the respective fields to review and compare online brokers in simple financial terms that are easy to grasp even for beginners.
What Are The Rules Of Forex Trading?What is one of the best online broker company?
There is simply no need to spend loads of time searching for the best online trading platform as Compare Brokers compares all of them at a single place.
According to the website, IC Markets are one of the best online brokers that are operating in many countries for around 13 years. These are also regulated by ASIC, FSA, CySEC which make them a trustworthy trading website.
IC Markets Reviews
From tons of online brokers present today, IC Markets are considered as one of the best online brokers and they have earned their repute by putting in a lot of effort for the past 13 years and progressing the countries’ economies as well.
IC Markets Reviews on Compare Brokers elucidates and terms it as one of the best online brokerage firms and listing its many pros and as few as one con.
How to start working in IC Markets?
IC Markets have a feature called “Try our Demo account”. This demo account also referred to as an experimental account consists of virtual money to invest in a pseudo trade to give a sense of online trading. This is a great feature especially if the user is a beginner and wants to enter the world of online buying and selling of stocks.
Fee Structure of IC Markets
Many people perceive online traders as a sham when it comes to withdrawing the funds to their account. IC Markets do not charge any withdrawal fee, either you transfer the funds to your verified PayPal account or do a bank deposit via wire transfer.
However, brokers charge a nominal fee when you open an account which is accounted as “deposit fee” but in reality, it is their security fee.
The minimum deposit on an IC Markets account is $200.
Is online trading the future?
It may be the right thing to say that online trading is the way forward because, with the increasing trends in technology and virtual life, online trading provides the same purpose of buying and selling of stocks etc. but at the ease of your home.
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