IFC Markets Broker Reviews and Full Information

What exactly is IFC Markets?

IFC Markets provides its trading services for over 10 years to 160kplus customers with endless trading instruments and a variety of opportunities. However, IFC Markets is a part of the IFCM Group of businesses that participate in the creation of projects in the area of financial technologywith the standards set by international law to provide financial services.

The proposal for trading is built on CFD trading, but also includes the option of a wide selection of trading platforms and instruments, which we'll explore more in detail within the IFC Markets Reviews.

As a matter of fact, Cyprus has a reputable broker IFC Markets with a highly regulated and attractive offer, but international coverage is offered through other entities located in BVI as well as Malaysia Labuan.

IFC Markets Pros and Cons

IFC Markets provides regulated CFDs trading, excellent education through Academy, MT4 and the MT5 platform and software that is proprietary. fast account opening, and a demo account for free, with low cost and a wide selection of instruments.

For Cons, support is cannot be available 24/7. Conditions could differ for specific entities. there may be a deposit fee.

10 Points Summary

Are IFC Markets safe or a scam?

We view IFC Markets as a safe broker that has lower risk because of the regulations by CySEC, the European authority CySEC that demands the strict compliance of regulations as authorities allow and monitor the company's ability to conduct investment-related business. However, IFC Markets is a brand trademark used by two well-established firms IFCMARKETS. CORP. is incorporated within the British Virgin Islands under registration and license from the British Virgin Islands Financial Services Commission (BVI FSC).

Although the location is offshore, and is always a reason to be cautious because of their inability to control financial institutions, IFC Markets incorporated additional entity called IFCM CyPRUS LIMITED, which is a Cyprus Investment Firm that is registered under the regulations that is governed by CySEC.

What are the best ways to protect yourself?

IFCM Cyprus LIMITED is an CySEC-certified broker is also an ICF member. ICF (Investor Compensation Fund) and is in compliance in accordance with European Commission's MiFID that allows them to offer services in the area of investment within EEA securely.

In general, customer's security is guaranteed by different methods of segregation of funds as well as participation in schemes and also IFCMARKETS. CORP. has Professional indemnity insurance to Financial Institutions Insurance in AIG EUROPE LIMITED.

Leverage

Leverage is the instrument by which you can trade a huge amount of money because it can increase your the initial balance, and thus the amount that you manage. But the chance of profit or losses rises in tandem so it's important to understand how to utilize leverage effectively.

IFC Leverage levels are determined by the regulations and also the personal residence of your within the nation or elsewhere. Make sure you check the conditions that apply to your place of residence and other laws, too.

• Trade through the European IFC Markets entity the maximum leverage is set at 1:30 Forex instruments,
• International branches of trading can permityou access up to very high leverage up to 1:300.

Types of accounts

There are three kinds of accounts Standard, beginner and Demo account that have cash balance currencies USD, EUR, JPY and uBTC which means that easy transfers are accessible, with floating or fixed spreads for all trading platforms. Higher-grade accounts will offer more favorable conditions and the leverage limit to 1:200, but it requires deposits of 1,000dollars.

Apart from the traditional trading accounts, IFCM offers a users to use a no-cost Demo account, which is operated with virtual funds . It is designed to be used for study or as a goal of testing strategies.

Additionally, you can obtain the VIP status and enjoy the flexibility of trading conditions, exclusive personal instruments, access to a virtual server, no commissions on deposits or withdrawals and a lot more.

Instruments

IFCM has been a leading international Forex as well as CFD Broker that gives you the opportunity to invest in 50 foreign exchange pairs and receive immediate execution of orders, 400+ stocks CFDs that offer 100 percent dividend adjustment and leverage of up to 1:30 and 19 commodity futures with no expiration dates, four CFDs on ETF traded in NYSE in addition to CFDs for Crypto Futures.

Fees

IFC Markets offers a pricing model, and quotes are obtained from banks which automatically transfer clients requests to interbank markets.

Spreads

While every trading style is welcome with open arms at IFC Markets, the broker offers an efficient trading strategy as well as spreads. You can choose to select either fixed or floating spreads for CFD trading depending on your requirements.

Thus this spread offered is based on the type of account you select, and can differ depending on the platform you choose, look at the table below to see the fixed IFC Markets spreads compared with other brokers in the trading industry in addition, you can look at fees for another well-known brokerage FXPrimus.

Fees for Trading for IFC Markets vs Similar Trading Brokers

Additional charges

Also, never forget to consider the rollover or the overnight fee as a charge that is charged for positions that are held for more than a day , and decided whether you are buying or selling instruments. Quotes are charged or refunded according to the precise measure specified on the instrument in question, for illustration, look at the table above.

Additionally, clients belonging to the Islamic religion are able to create accounts with an Islamic Trading Account in which Swaps are not determined.

Payment Methods

Deposit Options

The payment options include a variety of world-class payment service providers. Therefore, the IFCM allows wire transfer, Bank Cards, WebMoney, Skrill, Neteller, OKPAY, Unistreamand transfers between trading accounts owned by the individual.

Is there a minimum deposit required for IFC Markets?

A minimum IFC Markets account opening requirement is 1$ to start for the beginning account, that are based on fixed or floating spread demand. Minimum deposit amounts are diversified through the funding option with the applicable commissions or with commissions.

IFC Markets minimum deposit in comparison to other brokers

Withdrawals

IFC Markets made a promotion to cover the cost of withdrawals or deposits. This is however only applicable to certain IFC Markets withdrawal methods, which you must confirm with customer support since there may be some distinctions among the different countries of the origin. Certain deposits also charge fees for processing, and some are free, like Credit Card payment.

To withdraw funds You can make use of the same strategies, along with applicable to commissions on options and the minimum amount that can be transferred that are set by each service. E.g. The minimum amount for card transfers is 10dollars with 2percent plus 7.50commissions above that the minimum, and CashU has no charges.

Trading Platforms

The platforms for trading include the well-known choice from MetaTrader4and MetaTrader5 and IFCM has been granted the licence to use of the latest next generation of trading stations NetTradeX.

Desktop Platform

It is likely that markets leaders MT4 as well as sophisticated MT5 doesn't need much introduction since these platforms provide a full option to trade, with many options, including automated trading as well as the ability to use a MultiTerminal also available.

The other alternative is to make use of NeTradeX which is a sophisticated software that perfectly suits professionals who trade and allows you to trade using distinct capabilities of GeWorko Method that allows the ability to create own instruments such as Portfolio Trading. The instruments include the traditional ones as well as artificial instruments designed by experts and the ability to design your an individual instrument.

The trading terminal in addition to the usual functions, offers automated trading using advisors, graphical interface to manage positions and order execution, customized indicators, and service tools.

This means that you can work with the NetTradeX Advisors simultaneously with both terminals, as a primary and a secondary one. The language integrated into NetTradeX Advisors is a complement to the capabilities in the principal terminal. Hence, it is possible to use manual mode or configure algorithms using the specified codes, and is an amazing chance to consider.

Web Platform

Platforms are available via the Web versions too but have less features and a more comprehensive tool than desktop versions do. In addition, it's great to monitor and for basic trading strategies, and certainly worthwhile to consider.

Mobile trading Platform

There is also an option to run the platforms on a variety of devices, including mobile apps, iOS Android which is an excellent feature.

Customer Support

The customer support is available in 18 languages with continuous availability and multiple ways to contact them. They are all available by IFC Markets established entities.

Education

As the trading environment isn't the only key aspect of trading success The broker is aware of the necessity to help and instruct their clients in different ways. The materials for education are provided through Online Trading Academy, video tutorials, books, and glossaries as well as regular technical analysis and analysis videos created by experts.

Conclusion

In general, IFC Markets is developed group of businesses that provide the ability to trade on an extensive range of trading tools Forex and CFDs and CFDs, as well as new markets, as well as a comprehensive portfolio. This business strategy is built on open and trustworthy relationships with clients via long-standing and trusted STP implementation using a variety different platforms. This includes the exclusive platform that is loaded with features. Additionally, the broker assists customers with education and assistance in multiple languages with accounts that you can choose from.