IFS Markets
- Trust score
- 4/10
- Legal simplicity
- 5/10
- Min. deposit
- 100
- Payment systems
Features
- Seminars and trader training
- Daily market analysis
- Low $100 minimum deposit
- Segregated client accounts
- Scalping permitted
- Affiliate program
- Wide range of trading instruments
Pros
- No notable advantages found.
Cons
- No notable drawbacks found.
Updated:
IFS Markets, formerly Forex FS, is an online forex and CFD broker founded in 2008 and headquartered in Australia. It runs three regulated entities — IFS Markets AU under ASIC, IFS Markets UAE under the DMCC, and IFS Markets SVG under the FSA of Saint Vincent and the Grenadines — and offers trading through MetaTrader 4. The broker accepts clients worldwide except residents of the USA, Canada, and Iran, with a minimum deposit of $100.
IFS Markets is a forex and CFD broker offering trader seminars, daily market analysis, a low $100 minimum deposit, segregated accounts, and scalping-friendly conditions across a wide range of instruments.
IFS Markets is an online forex and CFD broker, formerly known as Forex FS, founded in 2008 and headquartered in Australia. It operates through separate regulated entities in Australia, the UAE, and Saint Vincent and the Grenadines, offering trading on MetaTrader 4.
Regulation and safety
IFS Markets runs three regulated entities:
- IFS Markets AU — regulated by the Australian Securities and Investments Commission (ASIC).
- IFS Markets UAE — regulated by the Dubai Multi Commodities Centre (DMCC).
- IFS Markets SVG — regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
The broker accepts clients worldwide except residents of the USA, Canada, and Iran.
Leverage
Maximum leverage depends on the regulated entity. As of March 2024, IFS Markets AU applies ASIC's cap of 1:30 on major forex pairs, while IFS Markets UAE and IFS Markets SVG offer leverage up to 1:500.
Trading instruments
IFS Markets offers around 60 forex currency pairs with spreads from 0.3 points on major pairs, plus CFDs on commodities, energy, gold, silver, and global stock indices.
Trading platform
Trading runs on MetaTrader 4 (MT4), with mobile and web terminal access, plus tutorials for new and experienced traders.
Account types
- Standard account — $100 minimum deposit, no commission, leverage up to 1:400.
- Pro account — $300 minimum deposit, spreads from 0.3 points, $7 commission per $100,000 traded.
Minimum deposit and fees
The minimum deposit is $100. Deposit and withdrawal fees depend on the payment method; average deposit commissions run around 2%.
Key facts
| Attribute | Detail |
|---|---|
| Year founded | 2008 |
| Headquarters | Australia |
| Regulation | ASIC (Australia), DMCC (UAE), FSA (Saint Vincent and the Grenadines) |
| Trading platform | MetaTrader 4 (MT4) |
| EUR/USD spread | From 0.3 points |
| Demo account | Available |
| Minimum deposit | $100 |
| Base currencies | AUD, EUR, GBP, SGD, USD |
| Maximum leverage | 1:500 |
| Assets | Forex, CFDs, metals |
| Deposit methods | Bank transfer, Visa/Mastercard, Poli, Skrill, Neteller, FasaPay, BTC |
| Withdrawal fee | None |
| Inactivity fee | None |
| Segregated accounts | Available |
| Partner/affiliate account | Available |
| Scalping | Permitted |
| Automated trading | Supported |
| Mobile trading | Supported |
| Web terminal | Supported |
| Support | 24/5 |
