Independent rating of Forex broker IFC Markets

About company

IFC Markets is an international forex and CFD broker that provides clients with the opportunity to trade from different regions of the world. The company is owned by the management holding company IFCM Group. Its activities comply with the requirements of international legislation on the provision of brokerage and financial services. IFC Markets is registered in the British Virgin Islands (BVI) under the number 669838. The company has been operating steadily since 2006 in full compliance with international standards of brokerage services. It has attracted more than 80,000 clients in 60 countries. The broker invites its clients to take part in the drawing of cars. Apart from this, the company offers a welcome bonus as well as other bonuses.

Trading conditions

IFC Markets is a regulated international forex broker that offers clients a full range of trading instruments:

• Forex – major, minor, and exotic currency pairs
• Stocks– CFD on the shares of the most popular stock exchanges
• Precious metals, including unique assets made of gold
• CFD on commodity futures, and indices
• Cryptocurrencies

The broker offers various trading accounts with fixed and floating spreads. An online account for trading CFDs and Forex in IFC Markets can be opened in one of 3 currencies - USD, EUR, and JPY. The initial deposit starts from $200. The demo account is also available. IFC Markets offers fixed spreads, which can be considered as one of the lowest in the foreign exchange market. The broker provides spreads on major currency pairs from 1.8 to 2 pips regardless of the time of a day and market liquidity. The broker's website is quite informative and user-friendly. There is a large section with up-to-date analysis, training materials for novice traders, video lessons, and promotions.

Trading platform

The broker offers its own advanced NetTradeX trading platform, which perfectly meets the needs of professional traders. It has the following advantages:

• 600+ trading instruments
• Minimum trade size starts from 0.001 lot
• Unique features of portfolio quoting method: creation of your own tools, portfolio trading, etc.

IFC Markets also provides access to the popular MetaTrader 4 trading platform with WebTerminal, the advanced MT5 platform, MultiTerminal, and other mobile applications.

Support service

The support service speaks 18 languages. It is available from Monday to Friday, from 07.00 to 19.00. In the “Contact us” section, customers can choose the appropriate method of communication with the manager: live chat, callback, Skype, Telegram and WhatsApp, email, as well as international phone numbers. According to the website, the main office is located in Limassol, Cyprus.

Deposit and withdrawal

• International wire transfer
• Credit cards
• Transfers between your own trading accounts
• Unistream
• Electronic payments (Webmoney, Bitwallet, Neteller, Skrill, QIWI)
• Bitcoin transfer

Traders’ reviews

The opinions of traders about the company differ. Reviews are polar opposite. Some websites contain only negative comments (problems with the quality of trading platforms, technical support, the speed of withdrawals). However, other investors praise the broker for the fast and convenient trading platform, helpful analysis, and quick profit withdrawal. This is why it is not recommended to strongly rely on traders' reviews.

Advantages:

• regulated broker
• wide choice of trading platforms
• competitive spreads
• large array of trading instruments
• excellent bonus program

Disadvantages:

• high initial deposit
• negative reviews
• offshore broker