IFC Markets is a Cysec regulated broker that offers trading on different trading platforms. they have a lot of educational materials and aim for the European market, a decent broker which will grown to become a larger player
IFC Markets, headquartered in Cyprus, is one of the leading regulated brokers in CFD and Forex markets. IFC Markets has expanded the range of services and has been focused on the development and implementation of innovative approaches to trading.
IFC Markets offers its own trading platform NetTradeX, and also the most popular system MetaTrader 4 and MetaTrader 5.
IFC Markets Trading Accounts
IFC Markets offers the following trading accounts to its customers:
Beginner NetTradeX, ard NetTradeX, St and Micro MT4 and Standard MT4. When opening a Newbie or Micro account a deposit of a very small sum-anywhere from $1 to $3000 can be made. The leverage offered for these bill types is up to 1:400.
Opening a Standard account on NetTradeX or MetaTrader 4 requires an initial deposit of $1000 and the leverage offered is up to at least one 1:200.
Traders can open accounts in USD, EUR or JPY.
account types IFC Markets
What’s Special About this Broker
IFC Markets has a number of unique features which make it stand out among other brokers. the main one is that IFC Markets offers fixed and floating spreads providing traders with an opportunity to pick the one which very best corresponds to their trading strategy.
Education
Clients at IFC Marketplaces are provided with a host of educational materials on financial markets. They are also offered a daily Market Overview. Weekly market analysis is shown in video variety, and Marketplace Sentiment is published once a week, Technical Analysis and Industry Data including Price Background and Live Charts are submitted daily.
IFC Markets has recently added a new analytical tool called Top Gainers and Losers, which right away calculates market movers. It provides 10 instruments which have shown the highest increase and biggest decrease for selected period of time (up to 1 year). Traders may compute Gainers and Losers according to the selected instrument group – stocks and shares, currency pairs, precious metals, indices, commodities, gold instruments, ETFs, PCI library. Once a week a new analytical article is published based on this tool.
Deposits/Withdrawals
Deposits could be made via Wire Transfer, Bank Cards, WebMoney, Skrill, Neteller, withdrawals can be made via Cable Transfer, WebMoney, Neteller, mybitWallet,
Customer Support
IFC Markets provides highly-qualified customer support in 18 languages. Traders can get in touch with IFC Marketplaces through email, call Back, Mobile phone, WhatsApp, Telegram, Trading desk. Customer support is available 24/5.
Conclusion
The IFC Markets website is a growing active brokerage. the website is one of the larger ones among the brokers offering numerous services and information. Education seems to be a major concern as the list of material is usually abundant and on an advanced level.
in short, this is a good broker for traders to start with and the fact that they offer multiple trading platforms is a plus, but if you look to trade cryptocurrencies then this is not the broker for you as you are able to only trade bitcoin and nothing else at this moment
IFC FAQ
is ifc markets regulated
Yes IFC Markets Licenses: IFCM Cyprus Limited - authorized by CySEC (Cyprus) registration no. 147/11 IFCMARKETS. CORP. - authorized by BVI FSC registration no. SIBA/L/14/1073
does IFC Markets have MT5
yes they do IFC Markets has MT% and MT4, in addition, they also have their proprietary trading platform NettradeX
Dies IFC charge any fees and surcharges?
Commission is charged for opening and closing positions on Stock CFDs. It varies depending on the Stock Exchange - the lowest fee is 0.1% of the position volume. For the U.S. stocks the commission is equal to $0.02 per 1 stock. You can find more detailed information on commissions paid when trading CFDs on stocks in the Commission Table.
What is the minimum deposit amount required by IFC Markets?
Minimum allowed deposit amount depends on the trading account type. There are no minimum deposit amount for NetTradeX Beginner and MetaTrader 4, 5 Micro accounts. For Standard account in NetTradeX it is $1000. For Standard account in MetaTrader 4 and MetaTrader 5 - $1000 for US dollar accounts, €1000 for Euro accounts and ¥100 000 for Japanese yen accounts.
What leverage size does IFC Markets offer?
IFC Markets offers the following leverages: 1:400 and 1:200 For MetaTrader 4 and MetaTrader 5 accounts the leverage for trading Stock CFDs is always 1:20 (margin 5%). For NetTradeX accounts the leverage for trading Stock CFDs equals 1:20 if the account leverage is 1:20 or higher, or equals the account leverage if it is less than 1:20. For MetaTrader 4 and MetaTrader 5 accounts the leverage for trading Commodity CFDs is always 1:20 (margin 5%). For Continuous Commodity CFDs the leverage equals the account leverage.
does IFC Markets offer trading signals?
No, we do not provide trading signals. But clients with MT4 or MT5 accounts may use trading signals within the overall service of Metaquotes. they are not allowed because of their regulation.
What type of broker is IFC Markets?
IFC Markets is an STP broker (Straight-through processing - automatic realization of transactions with financial instruments). This means that we receive quotations from our liquidity providers, and accumulated clients’ orders are transferred to the marketplaces, accordingly. You can see the details of our scheme on the page Model of Order Execution.
Are my funds insured in IFC Markets?
IFCMARKETS. CORP. holds professional lndemnity for Financial Institutions Insurance in AIG Europe Limited - by this link you can see the certificate of insurance. Traders' funds are kept segregated from the company's funds on a separate bank account and cannot be used by the company for any other purpose except for providing margin for your trading in financial markets.
