IFC Markets Broker Review

Author By Jeffrey Cammack
Updated: February 25, 2021
Overall Rating
3.60 3.60 / 5
🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 5
⚖️  Max. Leverage400:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last updated on February 25, 2021
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

FXScouts is Kenya’s most trusted Forex broker review site. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. This is how we review brokers.

We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.

Our verdict on IFC Markets

IFC Markets is Cypriot Forex broker with regulation from the British Virgin Islands, which is a strange setup – as most Cypriot Forex brokers are regulated by CySEC. Why IFC Markets is not regulated by CySEC is unclear, though its sister company has held CySEC regulation since 2011.

It offers two simple account types, one with a very low minimum deposit is expressly aimed at beginners, and traders can choose between fixed or floating spreads; fixed spreads start from 1.8 pips while floating spreads can get as low as 0.4 pips. IFC supports both MT4 and MT5 as well as its own NetTradeX trading platform and provides a good amount of education and market analysis for new traders. 

🏦  Min. DepositUSD 5
🛡️  Regulated By
💵  Trading Cost 
USD 5
⚖️  Max. Leverage400:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
111003/ 5
Trading Conditions
11110.54.5/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
1110.503.5/ 5
Assets Available
1110.503.5/ 5
Customer Service
11110.54.5/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, EUR, JPY
Number of FX Pairs
49
Crypto Pairs
15
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
None
EUR/USD
0.40 pips
GBP/USD
1.60 pips
USD/JPY
0.50 pips
Negative Balance Protection

Company Details

Company Name
IFCM Group
Founded
2006
Website Language
English
Support Language
English
Office Locations
British Virgin Islands, Cyprus

Pros

  • Great platform choice
  • Wide range of assets
  • Low minimum deposit

Cons

  • Slow withdrawals
  • Poorly regulated
AlertMost retail CFD accounts lose money. Your capital is at risk.
Visit Broker
Overall Rating
3.60 3.60  / 5
Site Icon Data provided by IFC Markets

IFC Markets Trading Cost Comparison

Share your knowledge

Featured Brokers

Close
>