IFC Markets is an innovative online forex and CFD broker that offers synthetic instruments via their proprietary platform, NetTradeX. The broker offers forex and CFD trading in over 600 instruments, spread across commodities, indices, precious metals, stocks, cryptocurrency, ETFs, synthetic instruments, and more. They offer relatively good spreads, reliable execution speeds, and negative balance protection. IFC Markets is a member of the IFC Markets Group.
IFC Markets Review Introduction
In this IFC Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including IFC Markets.
IFC Markets Platforms & Tools
IFC Markets provide their traders with the MetaTrader 4 and MetaTrader 5 platforms. The MetaTrader platforms are developed by Metaquotes and are very similar. The MT5 comes with more technical indicators and technical timeframes. They are available as a desktop application for Windows and Mac computers, web terminal that runs directly on browsers, and mobile app for iOS and Android devices.
In addition to the popular MetaTrader 4 & 5 trading platforms, IFC Markets also provide traders with their proprietary trading platform, NetTradex. The platform comes with the following benefits:
- Fast Trader execution speeds
- More instruments
- Place orders of any volume
- Portfolio trading (Portfolio quoting method)
The broker’s clients also benefit from other available useful trading tools including Economic Calendar, commodity market calendar, Portfolio quoting method, and more.
IFC Markets Research & Education
The Broker provides video tutorials for using various platforms, and there is a number of e-books on their website about the basic aspects of forex and CFD trading. Their educational center also covers relevant introductory topics for new traders.
IFC Markets Trading Accounts
The broker offers two basic live accounts for each trading platform:
- Standard: The minimum deposit is 1000 USD/EUR or 100,000 JPY, and the maximum leverage is 1:200. The minimum volume is 0.1 lot or 1000 units in NetTradex.
- Micro/Beginner: The minimum deposit is 1USD/EUR or 100 JPY, and the maximum account size is 5000 USD/EUR or 50,000 JPY. The maximum leverage is 1:400, and it has a minimum volume of 0.01 lot or 100 units for NetTradex.
There are Islamic Accounts, which are swap free, and the VIP Account, which requires a minimum deposit of 50,000 USD/EUR or 5,000,000 JPY. Demo accounts are also available.
IFC Markets Account Funding
The Broker accepts the following payment methods for both funding and withdrawals: Bank wire transfer, credit/ debit cards, digital wallets, bitcoin, and western union. The transaction charges and processing time vary with the type of payment method.
IFC Markets Customer Service
IFC Markets provide customer support services in over 18 languages. They can be reached via phone, email, live chat, telegram, WhatsApp, Skype, Facebook messenger, and call back options. The customer support team is available during trading hours, from Sunday to Fridays, 24/7.
IFC Markets Regulation
IFCM is a brand operated by different companies that are regulated in different jurisdictions. The IFCM Cyprus is licensed and regulated by the Cyprus Securities And Exchange Commission (CySEC), under license number 147/11.
IFCMARKETS.CORP. is licensed by the British Virgin Islands Financial Services Commission (BVI FSC), while IFC Markets Ltd is licensed by the Labuan Financial Services Authority.
IFC Markets Review Summary
IFC Markets is a growing online forex and CFD broker that offers a lot of innovations. They provide clients with their proprietary NetTradex trading platform in addition to the MT4 and MT5 platforms.
It is worth mentioning that some of the trading products and services in this IFC Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the IFC Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage 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.