IFC Markets Review

Author By Jeffrey Cammack
Updated: April 28, 2020
Overall Rating
3.60 3.60 / 5
Min. Deposit
USD 5
Regulators
Trading Desk
Trading Cost
USD 5
Website Language: English
English
Support Language: English
English
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

IFC Markets is Cypriot Forex broker with regulation from the British Virgin Islands, which is a strange setup – as most Cypriot Forex brokers are regulated by CySEC. Why IFC Markets is not regulated by CySEC is unclear, though its sister company has held CySEC regulation since 2011.

It offers two simple account types, one with a very low minimum deposit is expressly aimed at beginners, and traders can choose between fixed or floating spreads; fixed spreads start from 1.8 pips while floating spreads can get as low as 0.4 pips. IFC supports both MT4 and MT5 as well as its own NetTradeX trading platform and provides a good amount of education and market analysis for new traders. 

Reviews

Regulation
111003/ 5
Trading Conditions
11110.54.5/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
1110.503.5/ 5
Assets Available
1110.503.5/ 5
Customer Service
11110.54.5/ 5
Beginner Friendly
Standard
Bonuses

Account Information

Base Currencies
USD, EUR, JPY
Number of FX Pairs
49
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes

Trading Conditions

Min. Spread
0.40
Commission
None
EUR/USD
0.4
GBP/USD
1.6
USD/JPY
0.5
Max. Leverage
400:1

Company Details

Company Name
IFCM Group
Founded
2006
Office Locations
British Virgin Islands, Cyprus
AlertMost retail CFD accounts lose money. Your capital is at risk.
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.60/ 5
USD 5
49
1
  • Great platform choice
  • Wide range of assets
  • Low minimum deposit
  • Slow withdrawals
  • Poorly regulated
111003/ 5
11110.54.5/ 5
11110.54.5/ 5
100001/ 5
1110.503.5/ 5
1110.503.5/ 5
11110.54.5/ 5
of retail investor accounts lose money when trading CFDs with this provider
400:1
0.40 pips
Yes
Yes
Yes
None
1110.503.32/ 5
USD 150
110
2
  • Wide range of assets
  • Copy trading accounts
  • Limited market analysis
  • Limited education
  • Wide spreads
1110.503.5/ 5
110002/ 5
111104/ 5
111104/ 5
111003/ 5
1110.503.5/ 5
111104/ 5
71.71% of retail investor accounts lose money when trading CFDs with this provider
30:1
0 pips
No
No
Yes
Fees Included in Spread
1110.503.47/ 5
ZAR 2000
32
0
  • ZAR Accounts
  • Fast and free withdrawals
  • Local regulation only
  • No swap-free account option
111003/ 5
111003/ 5
111104/ 5
11110.54.5/ 5
1110.503.5/ 5
1110.503.5/ 5
1110.503.5/ 5
of retail investor accounts lose money when trading CFDs with this provider
200:1
0.60 pips
Yes
Yes
No
Fees Included in Spread
Find An Approved Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

Share your knowledge

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Featured Brokers

Close
>