Leverage: 1:30
Regulation: CySEC, BVI FSC
Min. Deposit: 1 US$
HQ: Cyprus
Platforms: NetTradeX, MT4, MT5
Found in: 2006
IFC Markets Licenses:
IFC Markets provides its trading services for more than a decade to over 165k+ clients through unlimited trading instruments and numerous opportunities. While IFC Markets is a part of IFCM 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.
The trading proposal is mainly based on CFD trading also with a good range of trading instruments and platforms, which we will see further in detail in our IFC Markets Review.
Being, Cyprus established broker IFC Markets offering attractive and regulated proposal, yet international coverage is done through additional entities in BVI and Malaysia Labuan.
| Pros | Cons |
|---|---|
| CFDs trading Regulated Broker | Support not available 24/7 |
| Great education through Academy | Conditions may vary in particular entities |
| MT4 and MT5 platform and proprietary software | Deposit fee |
| Fast account opening and free Demo account | |
| Low costs and wide range of instruments |
| 🏢 Headquarters | Cyprus |
| 🗺️ Regulation | CySEC, FSC |
| 🖥 Platforms | NetTradeX, MT4, MT5 |
| 📉 Instruments | 50 currency pairs, 400+ stocks CFDs, 19 commodity futures, 4 CFDs on ETF and Crypto Futures |
| 💰 EUR/USD Spread | 1.2 pips |
| 💰 Base currencies | Several currencies |
| 🎮 Demo Account | Included |
| 💳 Minimum deposit | 1$ |
| 📚 Education | Education Videos, Webinars and Analysis, Research tools |
| ☎ Customer Support | 24/5 |
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).
Even though that the jurisdiction is offshore, which we always advise taking caution due to their lack of control over financial firms, IFC Markets incorporated additional entity the IFCM CYPRUS LIMITED a Cyprus Investment Firm registered under the regulation of the CySEC.
| Pros | Cons |
|---|---|
| CySEC regulated international broker | International proposal is done through offshore licenses |
| Global coverage | |
| Negative Balance Protection | |
| Representative offices globally | |
| Professional indemnity for Financial Institutions Insurance |
Therefore, we consider IFC Markets Review as a safe broker due to their additional regulation by the European authority which demands strict follow of rules as authorities enable and supervise the company to carry out investment business.
IFCM CYPRUS LIMITED as a CySEC broker is also a member of the ICF (Investor Compensation Fund) and complies with the European Commission’s MiFID, which authorized to provide investment services within EEA safely.
Generally, 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.
Leverage is the tool by which you may trade a large amount of money, through its capability to magnify initial balance therefore money you operate. Yet the probability of profits or losses increases in parallel, which makes it important to learn how to use leverage smartly.
IFC leverage levels determined by the regulatory restrictions, as well as by your personal residence in the country or another. So be sure to verify applicable conditions according to your residence and other laws as well.
IFCM took into consideration various trading requirements, hence offers several trading accounts either with fixed or floating spreads for each of the trading platforms.
| Pros | Cons |
|---|---|
| Fast digital account opening | No ECN trading |
| Three Accounts offered | |
| Demo Account | |
| Variable and fixed spread accounts |
There are three account types Standard, Beginner and Demo account with balance currency USD, EUR, JPY and uBTC so easy transfers are available. Higher grade account will bring better conditions as well as lowering maximum leverage to a 1:200 but requires deposits from 1,000$.
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.
Also, you may get the VIP status and get flexible trading conditions, exclusive personal instruments, free access to a VPS, 0 commissions on deposits and withdrawals and much more.
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 1:30 leverage, 19 commodity futures with no expiration, 4 CFDs on ETF Traded in NYSE and CFDs on Crypto Futures.
IFC Markets offers a pricing model and quotes themselves are provided from bank-liquidity providers that automatically transfer of clients’ orders to the interbank market.
| Pros | Cons |
|---|---|
| Low Forex fees | Conditions may vary in particular entities |
| Fixed and floating spreads | |
| Micro Lot trading available | |
| Scalping and hedging allowed | |
| Average commodities CFDs fee |
While all trading styles are welcomed at IFC Markets, the broker also offers a competitive trading strategy and spreads while you are able to choose either fixed and floating spread for CFD trading according to your need.
Therefore, the spread offering is depending on the account type you choose, as well as vary on each platform, refer to the table below and see fixed IFC Markets spread compared to other trading brokers, as well you may compare fees to another popular broker FXPrimus.
| Asset/ Pair | IFC Markets Fees | Fortrade Fees | FXPrimus Fees |
|---|---|---|---|
| EUR USD | 1.2 pips | 2 pips | 1.7 pips |
| Crude Oil WTI | 6 pips | 7 pips | 5 pips |
| Gold | 80 pips | 45 | 26 |
| Inactivity Fee | Yes | Yes | Yes |
| Fee ranking | Low | HIgh | Average |
Also, always consider rollover or overnight fee as a cost, charged on the positions held longer than a day and determined either you are selling or buying instruments. Quotes are charged or refunded by the specific measure defined on each instrument, as an example also refer to the table above.
In addition, clients belonging to the Islamic religion can open an Islamic Trading Account where Swaps are not calculated.
| Pros | Cons |
|---|---|
| Some methods are free of charge | Minimum deposit and conditions vary according to the entity |
| Very low minimum deposit – 1$ | Deposit and withdrawal fees |
| Wide range of payment methods supported |
The payment methods include a range of 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 them. Generally, the minimum account opening requirement for Beginning account based either on floating or fixed spread demand only 1$ as a start.
Overall, IFC Markets made a promotion to cover fees for deposits or withdrawals. Yet, this is applicable to some methods, which you should check with customer service as there are some differences between the countries of origin. Some deposits will also add on processing fees and others are offered for free for example Credit Card payment.
For the withdrawals, you can use the same methods along with applicable to the option commissions and minimum amounts that are allowed for transfer, which is defined by every provider. E.g. Card transfers minimum is 10$ with 2% + 7.50$ commission above, while CashU charges no fees.
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.
| Pros | Cons |
|---|---|
| User friendly software | None |
| Available platforms MetaTrade 4 and 5 also proprietary NetTradeX | |
| Versions suitable for Web, Mobile and Desktop trading | |
| Fee Report | |
| Supporting numerous languages |
As most probably, market leaders MT4 or advanced MT5 does not require too much introduction, as platforms delivering a comprehensive feature to trade with numerous possibilities, automation of trading, and a MultiTerminal available too.
So other option is to use a NeTradeX that is 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, etc. The instruments range 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.
So you can operate either on the NetTradeX Advisors or simultaneously in both terminals as a primary and secondary one. The integrated language of NetTradeX Advisors complements the functionality of the main terminal, thus you can use manual mode or set up the algorithms with the specified code, which is indeed a fantastic opportunity to be considered.
Platforms available on Web version as well, yet feature less functionality and comprehensive tool rather than desktop does. Meanwhile, it is good for monitoring and basic trading strategies and definitely worth consideration as well.
Also, there is an option to use the platforms on various devices including mobile applications, iOS Android which is a great feature.
While the customer support offers 18 languages by the constant availability and multiple contact ways that are available through IFC Markets established entities.
| Pros | Cons |
|---|---|
| Customer support with live chat | Support not available 24/7 |
| Fast response | |
| Multilingual support covering all regions |
Since the trading environment is not the only important part of 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.
| Pros | Cons |
|---|---|
| Online Academy | None |
| Unlimited Demo account | |
| Education with Webinars, Video tutorials | |
| Good range of trading tools | |
| Economic Indicators and News Feed |
The IFC Markets review is about the developed group of companies that provides access to trade on a comprehensive range of Trading instruments Forex and CFDs, along with the newly presented markets and comprehensive portfolio.
The business model is based on transparent and trustful relations with the clients through established STP execution with a range of platforms, including the proprietary platform with powerful features. Besides, the broker supports you with education and customer service in multiple languages along with accounts to choose from that all in all makes it a reasonable and potentially fruitful environment. So all in all, IFC Markets could be a broker to consider.
And of course, we would be good to know your personal opinion about IFC Markets, you may share your experience in the comment area below, or ask us for some additional information.
I’m trading with this broker during last 3 years and my experience can proof that ifc at least is worth to try.Everything works on high level
I wanna share my experience with ifc markets. Never had any issues with trades or payments, everything works easy and support chat is always available for help
Nice to trade with reliable regulated broker. IFC has huge variety of trading instruments and they provide good analytical materials. Worth to trade with them
Nice to trade with professional and reliable broker as ifc. Good spreads and no extra commissions give a try and you will never regret
Most of all I like trading with ifc for good choice of stocks, low fixed spreads and fast payments. They also provide very useful daily analytics that I always use. Worthy company
I’m into forex trading for 12 years and I’ve tried many brokers I can proof that ifc is one of the bests.Quite good trading terms, helpful support and easy withdrawals. Highly recommended company!
Working with IFC Markets over 3 years. It is very profitable company with best service. There are no hidden commissions. Basically, all the info on official web-site totally represents the true information.
If you are looking for a reliable broker with impressive list of stocks and crypto, you will probably love IFC Markets. Trading with them for more than a year and I’m pretty much satisfied. Everything is working smoothly and fast.
Good and reliable broker. Over 2 years of trading have never lost money on them. Everything works perfectly and there are lots of instruments.
The only one broker which provides trading with PCI. Conditions are good enough as well as the service.
No news available.
The place where I prefer to trade with my largest deposits. This broker is totally reliable, for me they proved it. Anything written on the website is absolutely truth. The withdrawal has never been withhold or kept.
Can I really trade here? I need an honest broker?
I can say based on my own experience. I trade with ifc almost 2 years and i can surely recommend this broker. Never had any problems with withdrawal they don’t speculate trades
How can I start trading as a beginner without any experience?
I have been scammed by three different platforms already, someone should please advice me on how to start thanks.
Dear Kelvin,
If you are interested in trading specifically with IFC Markets, you can check their Education section https://www.ifcmarkets.com/en/trading-introduction. If you want to get more Forex trading knowledge in general, visit our webinars and seminars sections https://55brokers.com/forex-seminars/ https://55brokers.com/forex-webinars/
If we are talking about small deposits, everything is ok. I will try bigger sum soon.
WHAT ABOUT “E.g. Card transfers minimum is 10$ with 2% + 7.50$ commission above, while CashU charges no fees.
PLEASE, GIVE ME AN EXAMPLE.
Good broker, I am a beginer, so it is important for me to learn a lot of things about trading and forex, I use a few websites that have info on related topic, and Ifc also has good education materials. I tryed demo only, but I like it much, I think I will stay and open live acount, I hope their kind and honest attitude will not change with time. p.s. sorry for my english, it’s not my native
A very promising and trusted broker. I like everything about them: acceptable trading conditions, high-quality service, fast execution, a wide range of assets. I’ve been IFC’s customer for just a year, but can be really sure that’s a company I can entrust my money without any doubts
License revoked
IFCMARKETS. CORP. – authorized by BVI FSC registration no. SIBA/L/14/1073
awesome job! trading is my passion, and I my best expectations came true with IFC Markets, as I can create trading instrument on my own, and that’s just great! If you put your brain to work, you will definitely make money on trading. Try continuous index CFDs if u are new to market, sure you’ll love it.
awesome broker with lots advantages such as PCI – instruments, that one can create, as well as the ability to use the autochartist advisor if you are their client, support service is managed in many languages, so you can find the one convenient for u.
my third and hope last broker, everything is transparent, fast, iOS app works smoothly, terms of trade are convenient. Highly recommended
Ifc is a good choice, especially for those new to trading. They have a lot of training materials, you can start trading with the minimum amount you can even imagine, they provide reasonable conditions and good service. no problem after a year of trading with IFC markets
Want to especially mention the customer care which is on top! As for the trade conditions, they’re pretty good and client-oriented. I trade through MT4, never had any issues with my orders, or with the execution speed. It’s a broker I fully trust. though I haven’t worked with any other broker before
IFC Markets is the second in my top brokers rating! I trade here for fun and for making some money. They are trustworthy, regulated, client-oriented, their private area is simple and user-friendly, they offer a huge range of instruments! I prefer trading CFDs on crypto futures.
I’d advise to give IFC Markets a try!
I’d recommend IFC Markets, as they provide the best services in the market, they’re suitable for both beginners and more advanced traders. Now they send a few trading ideas on a daily basis, which doesn’t let you to miss anything significant. for these 2 years I had no problems with my orders, or any payments.
hi everyone, thanks for writing the article, but it looks like the info here needs to be updated, as the company developed a lot, changed its logo, design, added instruments and payment systems etc. A good broker, offers many instruments and useful analytics