IFC Markets Review

Author By Jeffrey Cammack Author Information Updated: October 27, 2020
Overall Rating
3.60 3.60 / 5
Min. Deposit
USD 5
Max. Leverage
400:1
Min. Spread
0.4 pips
Regulators
Regulator Origin
Trading Desk Type
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

Trading Conditions

Min. Deposit
USD 5
Base Currencies
USD,EUR,JPY
Fx Pairs
49
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap Free Accounts
Yes

Average Spreads

Euro/USD
0.4
GBP/USD
1.6
USD/JPY
0.5

Company Details

Company Name
IFCM Group
Founded
2006
Website
Type
Regulators
Office Locations
British Virgin Islands,Cyprus
AlertMost retail CFD accounts lose money. Your capital is at risk.
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
ECN/DMA, STP
Forex, Equities, Commodities, ETFs
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
0.4 pips
Yes
Yes
MetaTrader4 Micro-Fixed, MetaTrader4 Standard-Fixed, MetaTrader5 Micro-Floating, MetaTrader5 Standard-Floating
Yes
MT4, MT5, cTrader
Bank Transfer, Mastercard, CashU, Bitcoin
None
1110.503.32/ 5
USD 150
ECN/DMA
Commodities, Forex, Equities
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
62.8% of retail investor accounts lose money when trading CFDs with this provider
30:1
0.0 pips
Yes
Yes
Cent.Eurica, Cent.Standard, Insta.Eurica, Insta.Standard
Yes
MT4
Bank Transfer, Mastercard, Bitcoin, Broker to Broker
Fees Included in Spread
1110.503.47/ 5
ZAR 2000
STP
Commodities, Forex
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
0.6 pips
Yes
Yes
Basic, Premier, Standard, VIP
Yes
MT4
Bank Transfer, Visa, Mastercard
Fees Included in Spread
Find An Approved Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

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