IFC Markets Review

IFC Markets

IFC Markets


  • Leverage: 1:30

  • Regulation: CySEC, FSC, LFSA

  • Min. Deposit: 100 US$

  • HQ: Cyprus

  • Platforms: NetTradeX, MT4, MT5

  • Found in: 2006

IFC Markets Licenses:

  • IFCM Cyprus Limited - authorized by CySEC (Cyprus) registration no. 147/11
  • IFCMARKETS. CORP. - authorized by FSC (BVI) registration no. SIBA/L/14/1073
  • IFC Markets Ltd - authorized by Labuan FSA (Malaysia) registration no. MB / 20/0049

Top 3 Forex Brokers

  1. What is IFC Markets?
  2. IFC Markets Pros and Cons
  3. Is IFC Markets safe or a scam?
  4. Leverage
  5. Accounts
  6. Market Instruments
  7. Fees
  8. Spreads
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts, with over 10 years experience in Forex Trading, check broker’s trading offerings including fees, platforms, verified licenses, contact customer service, and place trades to evaluate trading conditions and give expert opinion on IFC Markets

What is IFC Markets?

IFC Markets provides its trading services for more than a decade to over 165k+ clients through unlimited trading instruments and numerous opportunities. IFC Markets is a part of the IFCM group of companies that are involved in the development of 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 with a good range of trading instruments and platforms, which we will see further in detail in our IFC Markets Review.
  • The broker provides 600+ trading instruments in 18 languages across 80 countries following STP pricing model with quotes being provided directly from liquidity providers

Being a Cyprus-established broker, IFC Markets offers an attractive and regulated proposal, yet international coverage is done through additional entities in BVI and Malaysia Labuan.

IFC Markets Pros and Cons

Based on our expert finds, IFC Markets is a good and reliable broker that provides regulated CFDs trading, and great education through a great range of platforms including MT4 and MT5 platforms and proprietary software. The account opening is fast with a demo account option, and the pricing is competitive with a low minimum deposit requirement with tight floating and fixed spreads.

For Cons, the broker market range is limited to FX and CFDs trading with support not available on weekends. The broker charges a deposit fee. Conditions vary depending on the jurisdiction and international trading is conducted through an offshore entity.

CFDs trading Regulated BrokerSupport not available 24/7
Great education through AcademyConditions may vary in particular entities
MT4 and MT5 platform and proprietary softwareDeposit fee
Fast account opening and free Demo account
Low costs and wide range of instruments

IFC Makrets Review Webpage

IFC Markets Review Summary in 10 Points
🏢 HeadquartersCyprus
🗺️ RegulationCySEC, FSC, LFSA
🖥 PlatformsNetTradeX, MT4, MT5
📉 Instruments50 currency pairs, 400+ stocks CFDs, 19 commodity futures, 4 CFDs on ETF and Crypto Futures
💰 EUR/USD Spread1.2 pips
💰 Base currenciesSeveral currencies
🎮 Demo AccountIncluded
💳 Minimum deposit$100
📚 EducationEducation Videos, Webinars and Analysis, Research tools
☎ Customer Support24/5

Overall IFC Markets Ranking

Overall, we find IFC Markets a reliable broker with an established global presence offering the best CFD products backed up with great technology. Conditions are suitable for both beginners and experts with low fixed and floating spreads. Extensive educational and research tools make the broker stand out among brokers in the industry.

  • IFC Markets Overall Ranking is 8.6 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
RankingIFC RankingInteractive Brokers FxPro
Our Ranking ⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantageCFDsReal StocksECN Execution

IFC Markets Alternative Brokers

However, IFC Markets has disadvantages too, the instrument offers is mainly limited to Forex and CFDs, also offshore entity provides different trading conditions and range. The broker also charges fees for depositing. So it is good to review other brokers as well:


We noticed that the broker has earned multiple awards and has been recognized by many financial experts and clients with good reviews and high customer satisfaction scores. Also, we see ourselves evolvement of the broker along time, while more instruments and better quality tools are constantly added. Here are examples of some of the most notable awards:

IFC Markets Review Awards

Is IFC Markets safe or scam?

We consider IFC Markets a safe broker with lower risk for its solid adherence to legal norms actively improving its trading conditions year by year establishing a good reputation and ensuring safe trading, so traders can be sure that their funds are protected from fraud.

Is IFC Markets regulated?

IFC Markets is regulated by the European authority CySEC which demands strict following of rules as authorities enable and supervise the company to carry out investment business. However, the IFC Markets is a brand name used by the two established companies IFCMARKETS. CORP. incorporated in the British Virgin Islands under the registration and license of the British Virgin Islands Financial Services Commission (BVI FSC).

Even though the jurisdiction is offshore, which we always advise taking caution due to their lack of control over financial firms, IFC Markets incorporated an additional entity the IFCM CYPRUS LIMITED a Cyprus Investment Firm registered under the regulation of the CySEC.

See our conclusion on IFC Markets Reliability:

  • Our Ranked IFC Markets Trust Score is 8.4 out 0f 10 for good reputation and service over the years. The broker is highly regulated by an industry-leading regulator backed by client protection programs. The only gap is the presence of offshore entities for international trading
IFC Markets Strong PointsIFC Markets Weak Points
CySEC regulated international brokerInternational proposal is done through offshore licenses
Global coverage
Negative Balance Protection
Representative offices globally
Professional indemnity for Financial Institutions Insurance

How are you protected?

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 is authorized to provide investment services within EEA safely.

Generally, the customers’ safety is 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.

IFC Markets license


Leverage is the tool by which you may trade a large amount of money, through its capability to magnify the 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.

We found that IFC leverage levels are determined by regulatory restrictions, as well as by your personal residence in one country or another. So be sure to verify applicable conditions according to your residence and other laws as well.

  • Trading with the European IFC Markets entity the maximum leverage level is set to 1:30 for Forex instruments,
  • Trading with international branches may allow you to access high leverage up to 1:300.

What are IFC Markets account types?

We found three account types Standard, Beginner, and Demo accounts provided by IFC Markets with balance currency USD, EUR, JPY, and uBTC so easy transfers are available, either with fixed or floating spreads for each of the trading platforms. A higher grade account will bring better conditions as well as lowering maximum leverage to a 1:200 but requires deposits from 1,000$.

  • The IFCM free Demo account operates with virtual funds and is intended for studying or the functional purpose to test strategies.

Also, you may get VIP status and get flexible trading conditions, exclusive personal instruments, free access to a VPS, 0 commissions on deposits and withdrawals, and much more.

Fast digital account openingNo ECN trading
Three Accounts offered
Demo Account
Variable and fixed spread accounts

IFC Markets accounts

IFC Markets Instruments

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 and Futures.

  • IFC MArkets’ Markets Range Score is 8.2 out 0f 10 for wide trading instrument selection, however, the broker’s offering is only based on FX and CFDs with no real asset trading. Another disadvantage is that the wider range is available through an offshore entity

IFC Markets Review Insturments


IFC Markets offers a pricing model and quotes themselves are provided by bank-liquidity providers that automatically transfer clients’ orders to the interbank market. Trading on IFC is commission-free with tight spreads and no hidden costs. The broker also doesn’t charge withdrawal fees, however, it does charge a deposit fee.

Additional fees

Also, always consider rollover or overnight fee as a cost, charged on the positions held longer than a day and determined whether you are selling or buying instruments. Quotes are charged or refunded by the specific measure defined on each instrument, as an example also refers to the table above.

In addition, clients belonging to the Islamic religion can open an Islamic Trading Account where Swaps are not calculated (Find swap-free brokers by link).

  • IFC Markets Fees are ranked low with an overall rating of 7.8 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our research on the pricing below
FeesIFC Markets FeesFortrade FeesFXPrimus Fees
Deposit FeeYesNoNo
Withdrawal FeeNoNoNo
Inactivity FeeYesYesYes
Fee rankingLowHighAverage

IFC Markets Spreads

From what we have found, the broker provides the choice between fixed and floating spreads depending on which trading platform and trading account you choose, also the spreads are quoted by liquidity providers. The spreads for forex trading start at 0.4 pips for floating spread accounts and at 1.8 pips for fixed spread accounts. 

  • IFC Markets Spreads are ranked low with an overall rating of 8.2 out of 10 based on our testing comparison to other brokers. We found Forex spread much lower than the industry average of 1.2 pips for EURUSD, and spreads for other instruments are very attractive too. Also, as one of the advantages, the broker provides a choice between floating and fixed spreads
Asset/ PairIFC Markets SpreadFortrade SpreadFXPrimus Spread
EUR USD Spread1.2 pips2 pips1.7 pips
Crude Oil WTI Spread6 pips7 pips5 pips
Gold Spread80 pips4526

IFC Markets spread

Payment Methods

We found that IFC Markets allows deposits in several base currencies: USD/EUR/JPY. Any fees are directly associated with the payment method rather than a commission for the broker.

  • IFC Markets Funding Methods we ranked with an overall rating of 8 out of 10. The minimum deposit is among the lowest ones in the industry, Fees are either 0 or very small with various account-based currencies, yet deposit options vary on each entity

Here are some good and negative points for IFC Markets funding methods found:

IFC Markets AdvantagesIFC Markets Diasadvantages
Some methods are free of chargeMinimum deposit and conditions vary according to the entity
Very low minimum deposit – 1$Deposit and withdrawal fees
Wide range of payment methods supported

Deposit Options

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.

What is IFC Markets minimum deposit?

The minimum IFC Markets account opening requirement is $100 as a start for Beginning account based either on floating or fixed spread (Find the best-fixed spread forex broker by the link) demand only. The deposit minimums are diversified by the funding option along with applicable commissions or without them.

IFC Markets minimum deposit vs other brokers

IFC Markets Most Other Brokers
Minimum Deposit $100 $500


IFC Markets made a promotion to cover fees for deposits or withdrawals. Yet, this is applicable to some IFC Markets withdrawal 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 application 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.

IFC Markets Review Funding

IFC Markets Trading Platforms

We saw that the broker’s 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.

  • IFC Markets Platforms are ranked Excellent with an overall rating of 9 out of 10 compared to over 500 other brokers. We mark it as excellent for the provided choice between industry-standard MT4 and MT5 platforms, as well as the broker provides its advanced proprietary platform NetTradeX packed up with sophisticated charting and research tools

Trading Platform Comparison to Other Brokers:

PlatformsIFC PlatformsHFM Platforms Pepperstone Platforms
Own PlatformYesYesYes
Mobile AppsYesYesYes

Desktop Platform

Most probably, market leaders MT4 or advanced MT5 do not require too much introduction, as platforms deliver a comprehensive feature to trade with numerous possibilities, automation of trading, and a MultiTerminal available too.

So another option is to use NeTradeX which is advanced software that perfectly fits professional traders giving the 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 a 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.

Web Platform

Platforms are available on the Web version as well, yet feature less functionality and comprehensive tool rather than the desktop does. Meanwhile, it is good for monitoring and basic trading strategies and definitely worth consideration as well.

Mobile trading Platform

Also, there is an option to use the platforms on various devices including mobile applications, iOS and Android which is a great feature.

IFC Markets platform

Customer Support

What we also want to highlight is the excellent customer support that is provided in 18 languages through the constant availability and multiple contact ways that are available through IFC Markets’ established entities. The customer support is knowledgeable and quick and includes 24/5 commitment.

  • Customer Support in IFC Markets is ranked Excellent with an overall rating of 9 out of 10 based on our testing. We got some of the fastest and most knowledgeable responses compared to other brokers,  the only disadvantage is that it’s not available 24/7

See our find and Ranking on Customer Service Quality:

User friendly softwareNo 24/7 support
Available platforms MetaTrade 4 and 5 also proprietary NetTradeX
Versions suitable for Web, Mobile and Desktop trading
Fee Report
Supporting numerous languages

IFC Markets Support


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. We found an extensive range of educational materials suitable for all levels of expertise that are organized through Online Trading Academy, Video tutorials, books, and glossaries along with daily technical analysis and analytical videos that are prepared by the experts.

  • IFC Markets Education ranked with an overall rating of 8.3 out of 10 based on our research. The broker provides very good-quality Education Materials and excellent research tools suitable for beginners and experts likewise

IFC Markets Review Education

IFC Markets Conclusion

Overall, our impression of the broker was positive. IFC Markets is a well-developed group of companies that provides access to trading 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. The broker provides tight floating and fixed spreads directly from the market liquidity providers, ensuring the best choice of ask and bid price. Besides, the broker supports you with education and customer service in multiple languages along with accounts to choose from.

Based on Our findings and Financial Expert Opinion IFC Markets is Good for:

  • Beginning Traders
  • EAs running
  • Copy Trading
  • Scalping / Hedging Startegies
  • Traders who prefer MT4 or MT5 platform
  • Currency Trading and CFD Trading
  • Suitable for a Variety of Trading Strategies
  • CFD Stocks and Commodities Trading
George From Liechtenstein | | Thursday, October 24, 2019

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

Thim From Luxembourg | | Thursday, September 19, 2019

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

Pablo From Canada | | Friday, August 23, 2019

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

Sanele From South Africa | | Wednesday, May 22, 2019

Nice to trade with professional and reliable broker as ifc. Good spreads and no extra commissions give a try and you will never regret

Mark From France | | Thursday, April 25, 2019

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

David From Netherlands | | Wednesday, March 27, 2019

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!

JohnM From Hungary | | Friday, March 1, 2019

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.

Morgan From Bulgaria | | Thursday, February 21, 2019

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.

Jack From Czech Republic | | Sunday, January 13, 2019

Good and reliable broker. Over 2 years of trading have never lost money on them. Everything works perfectly and there are lots of instruments.

Eric From Austria | | Tuesday, November 27, 2018

The only one broker which provides trading with PCI. Conditions are good enough as well as the service.

No news available.

47 responses to “IFC Markets”

  1. I experienced some transfer-related difficulties, but to my surprise, the chat agent was highly knowledgeable and promptly provided me with both an answer and a transfer form link.

  2. this broker offers a variety of educational resources, including webinars, video tutorials, and e-books, which I found very useful

  3. Maybe there is nothing special about this broker but I like trading here, everything is user friendly also has swap-free account, really good

  4. I trade for 2 years with IFC markets, mostly EURGBP and USDJPY, the fixed spread is ok. Avoid trading before and during important events, if you are a newbie – it will save you money and nerves.

  5. The broker is very responsible for the execution of orders, deposits and withdrawals of funds, the support service is responsive and active 24 hours a week.

  6. All they need to do now is bring back Neteller a payment system. Every other thing stands out with IFC MArkets.

  7. This broker is very respected, although not very famous. I had a good experience with the platform which is unique and offers a lot of possibilities for creating synthetic instruments, I really appreciate your platform.

  8. IFC Markets Brokers do not prohibit scalping and that’s a big plus while choosing a broker. Trading platform works very well, that is crucial for scalping. I haven’t withdrawn my money yet I will update my review when it happen.

  9. This is an old and serious broker that provides quality service and trading conditions. From my own experience, I can say that they are professional and have prompt support. I trust them.

  10. I recommended IFC Markets to one of my friend called Hamza al gamal, who became a client of IFC Markets, and the link to their website is https://www.ifcmarkets.com/
    And his account number is 105242
    And now MR Hamza asked me to talk about him and to publish his bad experience because of he just suffering some health problem with covid 19
    MR Hamza ( and any small knowledge will be attached with its document ) deposited 5000$ at IFC MARKETS , first they asked to deposit directly at one of their employers bank account and not in their bank account , this employer called Artashes Kardashyan
    ACCOUNT NUMBRE 3708407820901
    IBAN AE650340003708407820901
    But we refused to deposit at his bank account then they gave us a new bank account related to IFC MARKETS
    Then we deposited the 5000$ at 2021-08-17
    At 2021-11-24 we requested to withdrew all money at the account ( 4 292.85 $)

    The implementation of the withdrawal request was very late, so I contacted the company that sent me an unclear copy of the bank transfer
    Then, after my visit to my bank, the bank requested an M3 form for transfers to follow up on the late transfer, so I contacted the company that sent me the attached pdf
    I visited my bank again to follow up on the transfer that was late for more than a month. The bank employee told me that the matrix of numbers contained in the transfer is not used by banks.
    And when I felt that it was starting to indicate that I had been exposed to a scam, I contacted the company several times via email and each time they said that they would wait some time before sending my money back.
    finally, they confirmed that they will not be able to send my money unless it is returned to their bank account again
    And as it is clear, there is a continuous procrastination for more than a month, and there is also a suspicion of fraud in the transfer documents that they send me all the time.
    I’ve contacted the company a lot to no avail, and they don’t care about their reputation at all
    Even when I told them I would complain to the licensing authority and your regulation, they didn’t care at all
    I have every documents to prove what happened including their emails
    I added this story and experience to let other peoples knows about fraud and scam brokers and you may help to force this scam broker to send me back my money

  11. Educational stuff is right there on the level, webinars especially, they are hosting lot’s of them, I wanted to mention webinar about Autochartist, it’s a must watch

  12. This broker has high leverage which iS REALLY good. Overall deposit, withdrawal, account opening was smooth and easy.

  13. ifc markets is on the market about 15 years, that speaks of trustworthiness to me, planning to change demo account to live in a month or so

  14. used NetTradeX for composing personal instruments, and stayed on the platform for good, it’s faster, has more than one tools that MT4 lacks, interface is friendlier

  15. Ifc markets is a good broker for scalping, tight spreads on EUR/USD with their commission around 0.8 pip total

  16. If you are starting out, I recommend ifc markets demo trading platform plus they have educational materials, seems like they poured their heart into it

  17. normal commissions, fast in answering questions, sometimes have bonuses no need looking for another broker, IFC Markets is the choice

  18. I would like to know whether this plat form is legal or a fraud. Because I had very bad experience with some other plat forms. How much reliable is this platform?

  19. I want to know how do I open an account to trade? If ever I decide to trade using my credit card for my initial investment, can I easily withdrawal all the profits? Do you get commission from the trades? Lastly, do you have terms & conditions for withdrawals? How do I withdrawal from my account?

  20. 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

  21. 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.

  22. 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!

  23. 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

  24. 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

  25. my third and hope last broker, everything is transparent, fast, iOS app works smoothly, terms of trade are convenient. Highly recommended

  26. 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.

  27. 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.

  28. 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

  29. 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

  30. WHAT ABOUT “E.g. Card transfers minimum is 10$ with 2% + 7.50$ commission above, while CashU charges no fees.

  31. 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.

    • 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

  32. 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.

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