Compare Halifax vs IC Markets

Online brokers compared for fees, trading platforms, safety and more. See how Halifax stacks up against IC Markets!

Halifax vs IC Markets
open account	Visit broker	Visit broker 74.25% of retail CFD accounts lose money
overall rating	4.0	4.4
overall pros	Low non-trading fees Good options for deposits and withdrawals Quick and easy account opening	Low forex fees Easy and fast account opening Free deposit and withdrawal
overall cons	High stock trading fees Limited web-based platform No mobile or desktop platforms	Limited product selection Slow live chat support No investor protection for non-EU clients
fees	2.2 Low non-trading fees No withdrawal fee No inactivity fee High trading fees High stock and ETF fees	4.1 Low trading fees Low non-trading fees Low forex fees High financing rate for CFDs
account opening	4.0 Fast Fully digital No minimum deposit Not user-friendly Only for UK residents	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	3.8 Credit/Debit card available Free withdrawal No deposit fee Only one account base currency Slow withdrawal - over 3 days Electronic wallets not available	4.9 Credit/Debit card available No deposit fee Several account base currencies AUD 20 fee for international bank withdrawal
web trading platform	3.5 User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace) No research capabilities in the portal	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design
mobile trading platform		3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login
desktop trading platform		3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	3.0 Stock ETF Fund Investment Trusts	1.8 Forex CFD Crypto
research	3.5 Trading ideas Data on asset fundamentals Research tools not integrated into web trading platform	3.8 Trading ideas Quality news flow User-friendly No fundamental data available
customer service	3.0 Phone support Live chat Relevant answers No 24/7 support No response to email	3.6 Phone support Live chat Fast response time Slow and not useful live chat
education	3.5 Trading platform tutorial Educational videos No demo account	4.5 Demo account Trading platform tutorial Educational videos Videos are hard to find on the site
safety	High level of investor protection Banking background All clients belong to a top-tier financial authority	Long track record Negative balance protection for EU customers Not listed on stock exchange Financial information is not publicly available
recommended for	Beginners and long-term investors	Forex and CFD traders who value easy account opening and free deposit/withdrawal options

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