General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
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.
Regulation Review
IFC Markets is regulated by the British Virgin Island Financial Services Commission (BVI FSC). The reputation of this regulatory board is questionable due to the limited thresholds for companies to register. With that said, the brokerage does assure that client funds are held in segregated accounts.
IFCM Cyprus Limited also complies with MiFID and is authorised by the Labuan Financial Services Authority.
Trading Platform
IFC Markets offers 3 types of trading platforms, including NetTradeX, MT4 and MT5.
MT4 and MT5 are the 2 most basic and popular platforms in Forex trading with many outstanding features and many supporting tools.
NetTradeX: this is IFC Markets' own platform, but it is considered quite difficult to use. This platform supports automated trades EAs, but NetTradeX only supports desktop and mobile, no web version.
NetTradeX interface
Exchange fees
Leverage: the maximum leverage that IFC Markets supports depends on the account type and the amount in the account, the larger the amount, the smaller the maximum rate and each different trading product also has a different rate. Maximum leverage varies, the highest is 1:400. With such low leverage, it is difficult for IFC Markets to compete with other brokers in the market.
IFC Markets only applies a commission for stock trading of 0.1%/trading volume for each position opened or closed, for US stocks it is $0.02 per share.
Spread: high fixed spread, the lowest floating spread from 0.4, but in fact, when trading on a real account at IFC Markets, the high floating spread is almost equivalent to the fixed spread.
Forex
Standard Spread
Lowest Float Spread
EUR/GBP
1.8
1.4
EUR/USD
1.8
0.4
AUD/USD
2.0
0.5
NZD/USD
3.0
2.4
USA/CAD
3.0
0.5
USD/CHF
2.0
0.6
USD/JPY
1.8
0.5
Account Type
We found three account types Standard, Beginner, and Demo accounts provided by IFC Markets with balance currency USD, EUR, JPY, and uBTC so easy transfers are available, either with fixed or floating spreads for each of the trading platforms. A higher grade account will bring better conditions as well as lowering maximum leverage to a 1:200 but requires deposits from 1,000$.
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.
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 Advantages
IFC Markets Diasadvantages
Some methods are free of charge
Minimum 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 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
$500
Withdrawals
IFC Markets made a promotion to cover fees for deposits or withdrawals. Yet, this is applicable to some IFC Markets withdrawal methods, which you should check with customer service as there are some differences between the countries of origin. Some deposits will also add on processing fees and others are offered for free for example Credit Card payment.
For the withdrawals, you can use the same methods along with application to the option commissions and minimum amounts that are allowed for transfer, which is defined by every provider. E.g. Card transfers minimum is 10$ with 2% + 7.50$ commission above, while CashU charges no fees.
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
Accepted Countries
IFC Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Markets from United States, Japan, Russian Federation.
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit.
Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field.
The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.
