XTB vs IC Markets will help investors have a more intuitive view of the two exchanges. Currently, XTB and ICMarkets are both two foreign exchange trading exchanges that are considered to be the most reputable. Let’s join XForex to find out specifically how customers review XTB and ICMarkets.
General overview of XTB Forex and ICMarkets
Before XTB vs IC Markets, let’s learn about these two exchanges.
Introducing the XTB Forex platform
XTB is listed on the world’s largest stock exchange. The trading exchange was established in 2002 and has now had more than 20 years in the profession.
With the core value of wanting to bring the best technology value to customers, XTB launched xStation. With nearly 2 decades of operation, the exchange has been trusted and used by more than 495 thousand customers.
XTB is always ready to support customers so they can have the best service experience. With many documents as well as rich economic information, this helps investors always keep up with the market.
>>>See more: Trade safely and effectively on reputable Broker XTB
Introducing ICMarkets exchange
ICMarkets trading exchange was established in Sydney City, Australia. 2007 was the year that ICMarkets was founded. With more than 10 years of experience in the financial sector, ICMarkets is also a trading platform trusted by many people.
Currently, the exchange is providing more than 2000 products with diverse fields such as forex, indices, commodities,… ICMarkets is also a reputable trading exchange with many certificates from the world’s leading financial institutions. gender.
XTB vs IC Markets for new investors
Besides questions about XTB and ICMarkets, the issue of XTB vs XM is also of interest to many people. However, in this article, we will talk more directly and specifically about the two exchanges XTB and ICMarkets, let’s find out.
Review of XTB exchange with outstanding features
Review of XTB exchange with free swap and commission fees
This is one of the highlights of the XTB Forex exchange that is loved by most investors. Besides, the fee difference at the XTB exchange is also quite low. This has won the hearts of many investors when participating in trading at XTB.
With free swap, investors can freely hold orders overnight without worrying about additional fees. The leverage that XTB provides to investors is 1:5000, however, each product line will have different leverage levels.
Review of the unique xStation platform XTB
xStation is the unique platform of XTB that no other exchange has. Integrating many modernized technology methods, xStation has many outstanding features. A simple interface design makes it easy for investors to use.
Besides, deposit and withdrawal orders are executed extremely quickly. Investors can completely use the platform on phones or computers. The xStation platform is extremely suitable for investors who often have to travel for work.
With the xStation platform, investors can easily track fees as well as potential trading results. Not only that, you can completely adjust the SL and TP levels right on the xStation system with just one operation.
XTB Forex trading account
Unlike other exchanges, currently, XTB only offers Standard accounts.
>>>See more: Instructions on XTB open account steps quickly
Review of ICMarkets trading platform
Types of IC Markets fees
Although it is not free of swap fees like XTB, ICMarkets also has different fees for each account. Currently, ICMarkets is offering 3 different account types with different fees.
With the standard account type, ICMarkets will not charge a commission fee, but with the Raw Spread account, there will be separate regulations. Currently, the spread for this exchange ranges from 0.0 pip to 1.1 pip.
Like XTB, ICMarkets also has a leverage level of 1:5000. However, investors will have to pay quite high swap fees for each account.
Popular MT4 and MT5 trading platforms at ICMarkets
MT4 and MT5 are two extremely famous trading platforms among traders. Besides, ICMarkets also provides the cTrader platform to help investors trade more easily. The cTrader platform appeared, bringing more convenience to customers.
Existing account types of ICMarkets
Currently, the ICMarkets trading exchange provides 3 main account types for investors. Standard account, Raw Spread account, and True ECN account. The 3 types of accounts that ICMarkets offers are all extremely suitable for new investors.
Currently, the Raw Spread account is the account type most loved and chosen by many investors. With this type of account, investors can perform more features and will not experience errors when using it. The True ECN account type will be more suitable for investors who like to trade day by day.
Review XTB exchange through customers
Investors review XTB as a long-standing trading exchange and highly appreciated for its quality and service.
Customers rate XTB Forex for its enthusiastic and fast customer support service
XForex exchange has a team of 24/7 customer care specialists. This team is methodically and professionally trained. The job of the customer service team is to assist customers in answering their questions. And handle problems for customers.
Investors can completely contact the XTB exchange. Through direct network channels. Such as Hotline, Email, or Live Chat on Website. Due to the large number of customers on the exchange, sometimes there will be lag or slowness.
However, this does not affect the quality of the XTB exchange. XTB always ensures the fullest and fastest support for all customers.
XTB exchange with many promotions for customers
Currently, XTB is having a 50% Bonus promotion for new customers who open an account. Recipients of Bonus: New customers who open an account at XTB and trade for the first time.
The condition to receive this Bonus is to open an account in the derivative or commodity market. Investors need to trade a volume equivalent to 15% of the first deposit amount.
For example, if you deposit $1000 for the first time, you will receive a $500 Bonus. To receive this Bonus amount, you need to trade 15 lots within 60 days. Once you have traded enough, the Bonus amount will automatically be added to your account.
Besides, XTB also launches a $30 reward program. With the $30 bonus program, investors only need to be complete beginners. If it is your first time opening an account at XTB, you will automatically receive an additional $30.
Conclude
Above is the information that XForex collected when XTB vs IC Markets. Hopefully, with the above information, you will have a more general view of both exchanges. Follow the website regularly to update the latest financial news.
FAQ
Does the XTB exchange accept investor orders?
XTB Forex trading exchange does not hold orders at all, with XTB being a reputable order-pushing exchange. There will be no order hugging taking place at XTB.
Does XTB exchange allow copy trading?
Currently, XTB exchange does not provide copy trade services.
Does XTB exchange have a minimum capital requirement?
Currently, XTB does not stipulate a minimum capital amount in each customer account.
