IFC Markets Review

Company Brief:

The IFC Markets provides its services for the last 12 years to over 120k+ clients with own unlimited trading instruments and opportunities. IFCM is a group of companies that are involved in the development of the projects in the field of financial technologies with the requirements set by international legislation to provide financial services.

IFCM is an international Forex and CFD Broker giving an opportunity to trade 50 currency pairs with instant order execution, 400+ stocks CFDs with 100% dividend adjustment and up to 1:40 leverage, 19 commodity futures with no expiration, 4 CFDs on ETF Traded in NYSE and CFDs on Crypto Futures. The prices are provided from bank-liquidity providers from forming the streaming quotations and automatic transfer of clients’ orders to the interbank market.

Since the trading environment is not the only important part of the successful trading, the broker recognizes the need to support and educate their clients in various ways. The education materials organized through Online Trading Academy, Video tutorials, books and glossaries along with daily technical analysis and analytical videos that are prepared by the experts. The customer support offered in 18 languages by the constant availability and multiple contact ways. 

Licenses, Regulations & Security of funds:

The IFC Markets is a brand name used by the two established companies IFCMARKETS. CORP. incorporated in the British Virgin Islands under registration and license of the British Virgin Islands Financial Services Commission (BVI FSC). And the IFCM CYPRUS LIMITED a CIF (Cyprus Investment Firm) registered under the regulation of the CySEC (Cyprus Securities and Exchange Commission). IFCM CYPRUS LIMITED is also a member of the ICF (Investor Compensation Fund) for Clients of CIFs (Cyprus Investment Firms). Due to its regulations, the IFCM complies with the European Commission’s MiFID and authorized to provide investment services within EEA.

The above authorities enable and supervise the company to carry out investment business, which set according to the requirements and with full compliance with the necessary laws, investor protection and smooth operation of the markets. The customers’ safety enabled through various ways with funds segregation, participation in schemes, as well IFCMARKETS. CORP. holds Professional indemnity for Financial Institutions Insurance in AIG EUROPE LIMITED.

Trading Platforms & Tools:

The trading platforms range includes the popular choice of MetaTrader4 and MetaTrader5, as well as IFCM is the licensee for the usage of the new generation trading station NetTradeX.

NeTradeX offers advanced software which perfectly fits professional traders giving a possibility to trade with unique features of the GeWorko Method with the creation of own instruments, Portfolio Trading. The instruments tools including the standard ones along with synthetic instruments created by experts and availability to create own one. The trading terminal apart from the common functions provides automated trading with Advisors and graphical interface for managing positions and orders, custom indicators and service utilities. The trader can operate either on the NetTradeX Advisors or simultaneously in both terminals as primary and secondary one. The integrated language of NetTradeX Advisors complements the functionality of the main terminal, thus the trader can use manual mode or set up the algorithms with the specified code.

However, the traders who prefer market leaders MT4 or advanced MT5 delivers a comprehensive feature to trade. MultiTerminal is available also, as well as the option to use the platforms on various devices including mobile applications. 

Moreover, the company, due to its development positions and strives to maintain unique innovations that enhance the trading environment and brings it to the higher level. This includes Trading on Synthetic Instruments through (PQM), Portfolio Quoting Method and unique algorithms that are based on the nearby liquid futures contracts to trade CFDs on Stock Indices and Commodities.

Account Types and Trading Costs:

IFCM took into consideration various trading requirements, hence offers several trading accounts either with fixed or floating spreads for each of the trading platforms. Besides to the real trading accounts, the IFCM allows free Demo account which operates with virtual funds and intended for studying or the functional purpose to test strategies.

– Standard – Fixed and Floating Account – requires an initial deposit of 1,000$ with maximum leverage 1:200 and trading costs with a minimum fixed spread of 1.8 pips or floating from 0.4 pips.

– Beginner – Fixed and Floating Account or Micro Account – is an ideal choice to start since requires only 1$ to start yet limited to the maximum balance of 5,000$. Through the same floating or fixed spread costs.

In addition, clients belonging to the Islamic religion can open an Islamic Trading Account where Swaps are not calculated. The VIP status and conditions offered to the exceptional clients and automatically assigned to accounts with a trading deposit from 50,000$. The VIP package includes flexible trading conditions, exclusive personal instruments, free access to a VPS, 0 commissions on deposits and withdrawals and upfront crediting to the trading account up to 10,000$.

IFCM offers also a monthly interest accrual without any limitation that delivers interest for the funds’ sum not used for trading operations, for the free margin calculated as equity on a daily basis. Upon the end of the calendar month, the accumulated monthly interest sum is credited to the trading account.

Payment Methods:

The payment methods include a range of the world leading payment providers, thus the IFCM supports Wire Transfers, Bank Cards, WebMoney, Skrill, Neteller, OKPAY, Unistream and transfers between own trading accounts. The deposit minimums are diversified by the funding option along with applicable commissions or without, e.g. Bank cards minimum is 100$ with no fees, WebMoney minimum is 1$ with a 0.8% fees.

For the withdrawals, the trader can use the same methods along with applicable to the option commissions and minimum amounts as defined at every provider. E.g. Card transfers minimum is 10$ with 2% + 7.50$ commission above.

Conclusion:

The IFC Markets review is about the development group of the companies that provides access to trade on a comprehensive range of Trading instruments Forex and CFDs, along with the newly presented markets. The business model is based on transparent and trustful relations with the clients through its STP execution and range of platforms, including the proprietary platform with powerful features. The company supports their clients with education and customer service in multiple languages along with accounts to choose from that feature various needs.