IC Markets Minimum Deposit And Top Forex Trading Apps

Many brokers offer the facility of forex trading. It is a hard decision to choose one broker according to your requirements. Once you shortlist the broker you want to proceed with, you should know the minimum deposit that is required to open an account.

IC Markets offer its consumers 3 types of accounts i.e. raw spread (cTrader), raw spread (MetaTrader), and Standard (MetaTrader). The amount required for IC Markets minimum deposit is $200. It offers multiple options for depositing this amount.

Top Forex Trading Apps:

Forex trading is done by buying and selling currencies. Several forex trading apps are available to help you in this process. Below we are going to review the top forex trading apps that are tried and tested by novice and professional traders.

RoboForex:

RoboForex was founded in 2009 and it provides the service of Forex Trading in 169 counties. More than 800,000 traders are using this platform. It is a secure platform for trading as it is regulated by Cyprus Securities and Exchange Commission (CySEC).

The app of RoboForex is quite user-friendly and it has the option of 13 languages in it. The analysis tools are very helpful for beginners. The minimum deposit required for RoboForex is only $10 which is quite low. Five types of accounts are available for traders, so every trader can choose the account according to his needs and requirements.

Admirals Markets UK:

Admiral is working for almost 20 years as a Forex broker. It is regulated by the Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority (FCA). It is working in 40 countries.

The minimum deposit required at this broker is only $1. It has high-quality analytical tools. For beginners, it provides comprehensive knowledge about trading. It has the option of three accounts, you can choose according to your needs.

Interactive Brokers:

Another reliable platform for Forex trading is Interactive Brokers. It is regulated by FCA, SEC, and FINRA so it’s a secure and trustworthy place to invest your assets. It provides the option of trading and investing in multiple ways.

The minimum deposit required at Interactive Brokers is $0, which is a big attraction for traders. In 2020 it won the award of the best online broker. Enormous educational content is available for novice traders.

Forex4U:

Forex4U was launched in 2007. It is regulated by FSC. The minimum deposit required at this broker is only $1. The broker has a mobile app that is quite facilitating for active traders. This broker is famous among both, beginners and experts. It has most of its users from Russia, Vietnam, and Thailand.

It’s a very user-friendly broker that provides a lot of information related to trading. But this broker does not allow the citizens of the United States to do trading through it. It is a big disadvantage of Forex4U.

TD Ameritrade:

TD Ameritrade was founded in 2009. It is regulated by FINRA and SIPC. It is a reliable broker for the people of the United States. The minimum deposit required for this broker is $0. It has 360 charting indicators and 23 chart drawing tools, because of these features it is quite famous among professional traders. The drawback of TD Ameritrade is that it doesn’t have MT4 and MT5. It doesn’t attract beginners with a lot of information related to trading.

Tickmill:

Tickmill is an innovative Forex broker that is famous among both, passive and active traders. It has a very high order execution speed and the system of this broker is transparent. The minimum deposit required for Tickmill is $100. Tickmill is safe for trading as it is regulated by CySEC and FCA.

It facilitates its users with MT4 and MT5. Four different accounts are available at Tickmill. The popularity of Tickmill is undeniable and it has won many awards as well. The biggest drawback of Tickmill is that it doesn’t accept the citizens of the United States.

FxPro:

FxPro is a reliable broker for Forex trading that is mostly used in the United Kingdom, Vietnam, Brazil, and South Africa. It is regulated by CySEC, FCA, Bahamas SCB, and South African FSCA. The minimum deposit required at FxPro is $100. It has five types of trading accounts and it also provides the facility of MT4 and MT5.