IFC Markets
- Trust score
- 5/10
- Legal simplicity
- 5/10
- Min. deposit
- 1
Features
- Seminars and trader training
- Daily market analysis
- Low minimum deposit
- Copy trading
- Islamic (swap-free) accounts
- Deposit bonuses
- Interest on account balance
- Segregated client funds
- Scalping allowed
- Affiliate program
- Wide selection of trading instruments
Pros
- No advantages listed.
Cons
- No drawbacks listed.
Updated:
IFC Markets is a Cyprus-headquartered brokerage founded in 2006 and part of the IFCM group, serving roughly 165,000 clients through its CySEC-regulated entity and affiliated companies in the British Virgin Islands (BVI FSC) and Malaysia (LFSA). It offers forex, CFDs on stocks and indices, commodity futures, and cryptocurrency futures via MetaTrader 4, MetaTrader 5, and its proprietary NetTradeX platform. Maximum leverage is 1:30 through the European entity and up to 1:400 through the international affiliates, with a minimum deposit of just $1.
IFC Markets is a Cyprus-based, CySEC-regulated forex and CFD broker with a $1 minimum deposit, offering MT4, MT5, and its proprietary NetTradeX platform.
Overview
IFC Markets is a forex and CFD broker headquartered in Cyprus and part of the IFCM group. Founded in 2006, it serves roughly 165,000 clients and operates additional entities in the British Virgin Islands and Malaysia.
Regulation and safety
The IFC Markets trademark covers several regulated entities:
- IFCM Cyprus Limited: regulated by the Cyprus Securities and Exchange Commission (CySEC)
- IFC Markets Corp. (British Virgin Islands): regulated by the BVI Financial Services Commission (BVI FSC)
- IFC Markets Limited (Malaysia): regulated by the Labuan Financial Services Authority (LFSA)
IFCM Cyprus Limited is a member of the Investor Compensation Fund (ICF) and is authorized to provide investment services across the European Economic Area under MiFID. IFC Markets Corp. carries professional liability insurance through AIG Europe Limited. Client funds are held in segregated accounts, and the group participates in a bankruptcy compensation fund.
Leverage and account types
Maximum leverage for forex is 1:30 through the European, CySEC-regulated entity and up to 1:400 through the international affiliates, depending on jurisdiction and residency. Accounts come with a choice of fixed or floating spreads. VIP status unlocks flexible trading conditions, extra tools, and free VPS access, and Islamic swap-free accounts are available.
Spreads and trading style
IFC Markets allows both scalping and hedging, with a choice between fixed and floating CFD spreads. The average EUR/USD spread is 1.8 pips.
Trading platforms
IFC Markets supports MetaTrader 4 and MetaTrader 5, plus its proprietary NetTradeX platform. NetTradeX targets professional traders with automated trading via expert advisors, a graphical interface for managing positions and orders, custom indicators, and additional service utilities.
Trading instruments
- Forex: 50 currency pairs with instant execution
- CFDs: over 400 CFDs on stocks and indices
- Commodity futures: 19 instruments
- Cryptocurrency futures: CFDs on cryptocurrency futures
Deposits and withdrawals
The minimum deposit is $1. Supported deposit methods include bank transfer, bank cards, WebMoney, Skrill, Neteller, Perfect Money, QIWI, Unistream, and Bitcoin.
Key facts
| Broker name | IFC Markets |
|---|---|
| Year founded | 2006 |
| Headquarters | Cyprus |
| Regulation | CySEC, BVI FSC, LFSA |
| Trading platforms | MT4, MT5, NetTradeX |
| EUR/USD spread | 1.8 pips (average) |
| Demo account | Yes |
| Minimum deposit | $1 |
| Base currencies | USD, EUR, JPY, BTC |
| Maximum leverage | 1:400 |
| Assets | Currency pairs, stocks, indices, ETFs, metals, cryptocurrencies |
| Deposit methods | Bank transfer, Visa/MasterCard, WebMoney, Skrill, Neteller, Perfect Money, QIWI, Unistream, Bitcoin |
| Withdrawal fee | Not specified |
| Inactivity fee | Yes |
| Islamic accounts | Yes |
| Segregated accounts | Yes |
| PAMM accounts | No |
| Partner account | Yes |
| Scalping | Yes |
| Automated trading | Yes |
| Mobile trading | Yes |
| Web terminal | Yes |
| Social trading | Yes |
| Trading signals | Yes |
| VPS | Yes |
| Deposit bonuses | Yes |
| Contests | Yes |
| Customer support | 24/5 |
