IFS Markets is a retail forex and CFD broker that offers online trading services to clients across the globe via powerful and user-friendly trading platforms, as well as MAM accounts and social trading platforms. They are registered in multiple jurisdictions and use innovative technology to offer seamless trading conditions, with fast execution speeds, competitive spreads and commissions, and minimal slippage. The broker provides direct access to liquidity providers while offering multiple assets, such as forex, indices, commodities, and cryptocurrency.
IFS Markets Review Introduction
In this IFS 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 IFS Markets.
IFS Markets Platforms & Tools
IFS Markets provides clients with the following trading platforms:
MetaTrader 4 (MT4)
Regarded as one of the best in the industry, MT4 features a complete technical analysis package with more than 30 in-built indicators, different chart types, 9 timeframes, and automation tools. The platform is available as desktop applications, a web trading terminal, and mobile trading apps for trading on the go with an Android or iOS device.
Multi Account Manager (MAM)
This is for account managers who require synchronized access to multiple MT4 accounts. It is also useful for individuals with multiple personal accounts.
As a leading social trading platform, ZuluTrade connects users to other traders on their proprietary performance algorithm called Zulurank, which helps users to analyze and choose the traders to copy their trades.
This is for professional traders who need direct access to the liquidity providers for faster trade execution.
The broker provides additional tools like Economic Calendar and FXWire Pro News that provides real-time newsfeeds to the clients.
IFS Markets Research & Education
The broker has platform tutorials that cover some basic questions that can help new traders familiarize themselves with the online trading platform provided. Aside from this, there is no other educational material.
IFS Markets Trading Accounts
The broker offers two account types:
- Standard Account: No commissions, marked-up variable spreads
- Pro Account: Tight variable spreads, a commission of $7 per standard lot
The minimum deposit starts from $1, while the minimum lot size is 0.01. Leverage of up to 1:400 is available. There is a 30-day demo account for those who wish to practice their strategies in a risk-free environment.
IFS Markets Account Funding
IFS Markets provides multiple payment methods for account funding and withdrawals. They include wire transfer, credit card (Visa and MasterCard), Skrill, Neteller, China Union Pay, Poli, Fasapay, Alipay, and DragonPay. Transaction fees may be charged when using certain methods, and some methods may only be available to specific countries. Some methods may be instant, while some may take several days to clear.
IFS Markets Customer Service
IFS Markets’ customer service team can be reached via phone and email during Australian business hours.
IFS Markets Regulation
The IFS Group is a multinational brokerage group with many subsidiaries that are registered and regulated in different jurisdictions, as follows:
- IFS Markets is owned and operated by the Forex Financial Services Pty Ltd, which is registered in Australia
- IFS Markets Limited (SV) is registered in St. Vincent and the Grenadines
- IFS Global DMCC is registered in the United Arab Emirates
IFS Markets Review Summary
IFS Markets is an online forex and CFD broker that offer a range of tradable assets via flexible and innovative trading platforms, including social trading platforms.
It is worth mentioning that some of the trading products and services in this IFS 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 IFS 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.