IFC Markets

The Company

IFC Markets is a leading brokerage that provides a vast variety of trading instruments, including currency pairs and CFDs on indexes, precious metals and commodities, and also individual instruments that are available that are available on 2 trading platforms. It is the trading brand name for IFCMARKETS. CORP. It is registered within the British Virgin Islands (BVI) and licensed by the Financial Services Commission (FSC).

It is an affiliate of the IFCM Group, involved in developing and implementing new efficient projects in the area of financial technology for over 10 years. The IFCM Group also includes software developers NetTradeX Corp and IFCM Cyprus Ltd. (formally Infin Markets Limited) which is authorized by the Cyprus Securities and Exchange Commission (CySEC).

Security of Funds

As we’ve already discussed, IFC Markets Ltd. is licensed under the BVI Financial Services Commission. It is the Category 2 business license and can facilitate deals in investment. To get an authorization, businesses must pass rigorous checks conducted through the FSC.

Although they do not have regulated status, FSC permits businesses to have their headquarters entirely in the world. Additionally, BVI-registered financial service companies are not subject to most of the regulations that brokers located in Cyprus and UK are subject to. For instance, BVI-registered broker do not have to be a part of an compensation scheme, and do not have to meet any capital minimum requirements.

In general, we recommend traders to select between UK, Swiss or other regulated brokers which will ensure that your funds are secured. If, however you prefer offshore brokers due to a motive, IFC Markets is a trustworthy choice. It is part of a global group having a long history of 10 years and providing pretty excellent trading conditions along with innovative technology and certain distinctive features.

Trading Conditions

Minimum Initial Deposit

The minimum deposit required to IFC Markets clients is just $1 This is an extremely low amount for a symbolic initial deposit. However, signing up to an account called the Standard Account requires a minimum deposit that is at minimum $1000. For comparison, ForexBrokerInc, which is registered on the Marshall Islands, demands $100 from its customers to beginning for all types of accounts.

Average Spreads & Commissions

IFC Markets offers fixed spreads that go up approximately 1.8 per cent on EUR/USD on MT4 and different spreads starting at 0.4 pip to this currency pair, on the two other platforms. Both variable and fixed spreads are fairly competitive. To learn more you can check out and look at and compare the real-time spreads offered by fifteen top brokers here..

Leverage

The maximum leverage offered for this broker can be very high at 1:400. However, other offshore brokers have comparable or greater leverage levels: ForexBrokerInc along with LiteForex both offer leverage as high as 1:500. Additional forex brokers offering leverage 1:500 or more, can be found here.

We’d like to remind you that working with more leverage can mean greater risk.

Trading Platforms

IFC Markets offers its clients an array of trading platforms, including MetaTrader 4 (MT4), MT5 and its own NetTradeX. The company has also introduced the trading platform MetaTrader 5 that has floating spreads (in Demo mode).

NetTradeX is a terminal for trading analysis that was launched in the year 2006. It offers traders the most diverse selection of currency pairs and indices, as well as and stock commodities, and contracts for differences (CFDs). It’s accessible on desktop computers running the Windows operating system and for mobile devices that run iOS, Android, and Windows Mobile operating systems.

In addition to traditional trade instruments Platform provides the unique possibility of trading using private Composite instruments (PCI). PCI can be created PCI yourself using following the GeWorko Method, which is built on the Forex idea, in which the price of one financial asset is matched by another. PCI can be used to create innovative cross rate, the correlations between diverse instruments, currency indexes as well as stock portfolios.

IFC Markets` in-house NetTradeX platform. Click to expand.

Alongside NetTradeX, IFC Markets also is compatible with MetaTrader 4 (MT4), the most popular Forex trading system. It is available on desktop, mobile and web versions. MT4 is the preferred choice of experienced traders because it has advanced charting software as well as a range of technical indicators and Expert Advisors (EA) as well as a comprehensive back-testing capabilities. Furthermore trading signals is accessible via MT4 only through this broker.

The broker began trading on the successor to MT4 which is it’s called MetaTrader 5.

Methods of Payment

Customers who use IFC Markets may choose from many payment methodsincluding banks wire transfers, credit cards Skrill, OKPAY, WebMoney, Netteller, Qiwi, China UnionPay and Western Union.

Accepted currencies are: USD, EUR and JPY.

We also wish to highlight that this broker pays the possibility of a 7% annually interest on margins that are free.

Conclusion

Despite its light-touch regulatory system, IFC Markets is a trusted and award-winning broker that is part of a larger group of companies that has global operations. It lets you trade in a range of kinds of assets and instruments on various robust trading platforms, all under the conditions of a competitive market.