Overview
IFC Markets is an established online brokerage that offers a wide range of trading services for individual and institutional traders. Founded in 2006, the broker provides access to a variety of financial instruments, including forex, commodities, stocks, indices, and cryptocurrencies. Headquartered in Cyprus, IFC Markets is regulated by several financial authorities, ensuring a high level of trust and security for its clients.
IFC Markets focuses on providing innovative trading solutions and a user-friendly trading experience. With a range of account types, competitive spreads, and advanced trading platforms, the broker caters to both beginner and professional traders. The firm also offers a proprietary trading platform, which provides unique features that are not available on more common platforms like MetaTrader 4 or 5.
- Founded
- 2006
Strengths and watchouts
- Low minimum initial deposit of $1
- Unused account funds earn annual interest of up to 7%
- Portfolio Quoting Method allows users to create their own synthetic instruments and portfolios
- Higher Spreads on EUR/USD
- Not regulated by top-tier authorities
- Limited Offering of Investments
Safety and regulation
IFC Markets takes several steps to ensure the security of its clients' funds and personal data: Despite these measures, the lack of regulation from top-tier authorities may make some traders wary of the broker’s overall reliability.
- Regulation: The broker is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) under license SIBA/L/14/1073, which provides investment-business oversight.
- Segregated Accounts: Client funds are held in segregated accounts, separate from the broker’s operational funds, ensuring that clients' money is protected in the event of the broker's financial troubles.
- SSL Encryption: The broker uses SSL encryption to protect sensitive data during transactions and account logins, ensuring a high level of security for clients’ personal and financial information.
- Two-Factor Authentication (2FA): For added security, IFC Markets supports two-factor authentication on accounts, ensuring that only authorized users can access their trading platforms and account details.
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Commodities
- Indices
- Stocks
- Cryptocurrencies
- ETFs
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard-Fixed & Floating | $0 | 1.8 | 1:1 to 1:200 |
| Beginner-Fixed & Floating | $0 | 1.8 | 1:1 to 1:400 |
| Standard-Fixed | $0 | 1.8 | 1:1 to 1:200 |
| Micro-Fixed | $0 | 1.8 | 1:1 to 1:400 |
| PAMM-Fixed | $0 | 1.8 | 1:1 to 1:200 |
| Standard-Floating | $0 | 0.4 | 1:1 to 1:200 |
| Micro-Floating | $0 | 0.4 | 1:1 to 1:400 |
| PAMM-Floating | $0 | 0.4 | 1:1 to 1:200 |
| Standard-ECN | $0 | 0.0 | 1:1 to 1:200 |
Fees and costs
IFC Markets uses a spread-based pricing model for most accounts, with commissions charged on ECN accounts: Traders should be aware of these fees and ensure they fully understand the cost structure before opening an account.
Trading platforms
- MetaTrader 4 (MT4)
MT4 is a popular choice for forex traders and offers a wide range of tools for technical analysis, automated trading (via Expert Advisors), and custom indicators.
web - MetaTrader 5 (MT5)
The successor to MT4, MT5 offers enhanced features, including additional timeframes, more order types, and improved charting tools. It’s suitable for traders looking for more advanced features.
web - NetTradeX
IFC Markets’ proprietary platform, NetTradeX, offers unique features such as the ability to trade multi-asset portfolios, advanced order types, and access to proprietary trading tools.
desktop - WebTrader
For traders who prefer not to download software, IFC Markets provides a WebTrader platform that allows users to trade directly through their web browser.
desktopweb - Mobile Apps
IFC Markets offers mobile trading apps for both Android and iOS devices, allowing traders to manage their accounts and execute trades on the go.
mobile
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
Is IFC Markets regulated?
What trading platforms are available?
What is the minimum deposit for opening an account?
What leverage does IFC Markets offer?
Are there withdrawal fees?
Reader reviews
Ali Murshid Salem Salem
Feb 9, 2025
The firm has a policy of finalizing transactions after a two-week period, which is quite disappointing. Therefore, I can only rate it a zero out of ten.
Hamid Jafari Qazan Ali
Feb 9, 2025
The experience was quite helpful and beneficial.
Ali Mosavi
Feb 8, 2025
Regrettably, I've encountered a broker that appears to be legitimate but seems intent on taking clients' funds. After being stopped out with a negative balance, they credited my account with what they called "Gradit." Now, months later, they've removed that amount, claiming it was a loan. It feels like they're making excuses, possibly because they don't view me as a profitable trader. Additionally, their servers are sluggish, and orders are executed with noticeable delays. Given these issues, I wouldn't recommend this broker for anyone looking to open a trading account.
Showing 1–3 of 10 reviews