IFC Markets Broker Review 2024

IFC Markets provides access to over 650 trading instruments across 10+ markets, from Forex currency pairs to CFDs on Crypto Futures, with spreads from 0.0 pips. What are the trading conditions and bonus offerings of the IFC Markets broker?

We’ll explore account types, company history, regulatory status, promotional programs, investment plans, customer support, and many more in this IFC Markets review.

IFC Markets (The Company and Its Regulatory Status)

IFC Markets is a well-established brokerage firm operating in the Forex and CFD markets since 2006. During its 18 years of presence in the markets, the company has gained more than 210,000 clients across the globe. Key features of IFC Markets:

• Regulated by the Labuan Financial Services Authority (Labuan FSA) and the British Virgin Islands Financial Services Commission (BVI FSC);
• Offers a wide range of trading instruments, including Forex, CFDs, and commodities;
• Provides multiple trading platforms, NetTradeX and the popular MetaTrader 4 and 5;
• Known for its innovative features, such as the Portfolio Quoting Method and Continuous CFDs.

IFC Markets Broker Table of Specifications

This table provides a comprehensive overview of IFC Markets' key features and offerings, giving potential clients a quick snapshot of what to expect from this broker.

What Are the IFC Markets Account Types?

IFC Markets offers various account types, from Classic to ECN, to cater to different trading styles and experience levels.

The broker also offers an exclusive ECN account featuring super-fast execution, deep liquidity, and access to the robust MT5 platform. Key features of IFC Markets Standard ECN account:

• Raw spreads from 0.0 pips;
• Minimum order size of 0.1 lots and a maximum of 10,000 lots;
• 10% stop out level;
• 005% commission on transaction volume;
• Access to 22 currency pairs and 2 precious metals.

IFC Markets Broker Pros & Cons

To provide a balanced view of IFC Markets, let's examine some of its advantages and disadvantages.

IFC Markets Registration and KYC Process

Opening an account with IFC Markets is a straightforward process that involves several steps to ensure compliance with regulatory requirements and to protect both the broker and the client.

1. Visit the broker’s official website at “https://www.ifcmarkets.com/”;
2. Click “Start Trading”;
3. Fill out the registration form with basic personal information such as name, email, phone number, and country of residence;
4. Provide proof of identity (Passport or driving license) and proof of address (Utility bill or bank statement).

IFC Markets Trading Platforms

We must discuss the available trading platforms in this IFC Markets review. The broker offers a range of advanced trading platforms to cater to different trader preferences and needs.

The proprietary platform NetTradeX

• Desktop;
• Android;
• iOS.

MetaTrader 4 (MT4)

• Desktop;
• Web;
• Android;
• iOS.

MetaTrader 5 (MT5)

• Desktop;
• Web;
• Android;
• iOS.

IFC Markets Fees and Commissions

IFC Markets employs a competitive fee structure, with costs varying depending on the account type and trading platform chosen. The broker offers raw spreads from 0.0 pips through its ECN technology.

• Fixed spreads starting from 1.8 pips on major currency pairs (NetTradeX/MT4/MT5 Fixed);
• Floating spreads from 0.4 pips on major pairs (NetTradeX/MT4/MT5 Floating);
• ECN provides the tightest spreads from 0.0 pips;
• Most account types do not charge separate commissions;
• ECN has a commission of 0.005% of transaction volume.

IFC Markets Payment Options

The company provides various payment options to cater to clients from different regions.

IFC Markets Copy Trading and Investment Plans

Passive income is a must-discussed topic in any IFC Markets review. The broker offers copy trading and investment opportunities through its PAMM (Percentage Allocation Management Module) accounts. Key features of IFCM Invest service:

• Allows investors to allocate funds to skilled traders (managers);
• Profits and losses are distributed proportionally based on investment;
• Investors can choose from a list of verified PAMM managers;
• Real-time monitoring of manager performance;
• Ability to invest in multiple PAMM accounts (3 – 5) to diversify risk.

IFC Markets Broker Financial Instruments

The company offers various financial instruments catering to various trading preferences and strategies. Note that IFC Markets’ main focus is on providing CFD contracts.

• Forex: Major, minor, and exotic pairs (e.g., EUR/USD, GBP/USD, and USD/RUB);
• Metals: Four precious metals, including Gold, Silver, Palladium, and Platinum;
• Indices: Trade indices of top American, European, and Japanese exchanges, such as SP500, NIKKEI, USVIX, and Nd100;
• Stock CFDs: Stocks of top industry giants across the globe, from China to America;
• Crypto: Trade CFDs on fourteen of the most popular digital assets, such as BTC, DOGE, LTC, XRP, and ETH, with leverage up to 1:10;
• Commodities: Trade CFDs on metals, energies, and agricultural products without expiration date;
• ETFs: CFDs on shares of NYSE Exchange Traded Funds (ETFs), including SPDR Gold Trust, ISHARES U.S. REAL ESTATE, and SPDR S&P 500;
• Futures: CFDs on Crypto and commodity futures;
• Synthetic Instruments: Known as Personal Composite Instruments (PCI) and created by the analysts of IFC Markets.

Bonus and Promotional Programs on IFC Markets

The broker offers several bonus and promotional programs to attract and retain clients. These programs are designed to provide additional value and incentives for traders.

Partnership Program

• Allows clients to earn commissions by referring new traders;
• Multiple partnership types available (Introducing Broker, Affiliate, White Label);
• Competitive commission rates based on trading volume;
• Marketing materials and support provided.

Annual Interest on Free Margin

• Unique feature offering up to 7% annual interest on unused funds in trading accounts;
• Interest calculated daily and credited monthly.

IFC Markets Broker Customer Support

The company strongly emphasizes providing comprehensive 24/7 customer support in 19 languages to ensure a smooth trading experience for its clients.

IFC Markets Geo-Restrictions

While the company strives to serve a global clientele, certain geo-restrictions apply due to regulatory requirements and local laws. Red flag countries on IFC Markets:

• United States of America;
• Russian Federation.

IFC Markets Trust Scores

Trust scores and user reviews play a significant role in assessing a broker's reputation and in this IFC Markets review. the company has garnered feedback from various review platforms, providing insights into user experiences.

Does IFC Markets Provide Educational Materials?

Education is a cornerstone of successful trading, and IFC Markets recognizes this by offering a range of educational resources to its clients, including:

• Video Tutorials: Beginners guide, how to work with trading platforms, and technical analysis;
• Books: Introduction to Forex/CFD trading, theories, and common mistakes;
• Glossary: A comprehensive Forex terms library;
• Trading Academy: Interactive Forex Education from A to Z;
• Training Program: Educational articles, PAMM accounts, video lessons, and webinars.

Conclusion and Final Words

IFC Markets is a Forex and CFD broker offering trading services, such as IFC Invest, ECN, Classic, and Micro accounts, across 9+ asset classes with leverage up to 1:400.

IFC Markets broker provides these services via multiple trading platforms, including the proprietary NetTradeX, MT$, and MetaTrader 5. Share your thoughts about the IFC Markets in the comments.