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IFC Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract:IFC Markets is a regulated broker founded in 2005 and registered in the Virgin Islands. It offers trading in Indices, Forex, ETF, CFDs, Metals, and Cryptocurrencies with leverage up to 1:400 and variable spreads via Net Trade X, MT4, and MT5 trading platforms. There is no minimum deposit.

IFC Markets Review Summary
Founded 2005
Registered Country/RegionThe Virgin Islands
RegulationLFSA, FSCA (Exceeded), CySEC (Revoked), FSC (Offshore Regulated)
Market InstrumentsIndices, Forex, ETF, CFDs, Metals, Cryptocurrencies
Demo Account✅
Social/Copy Trading/
Leverage1:400
Spread0.4 - 1.8 pips
Trading PlatformNet Trade X, MT4, MT5
Minimum Deposit$0
Customer SupportLive Chat
Tel: +442039661649
Email: info@ifcmarkets.com
Social media: Telegram, WhatsApp, FaceBook, Instagram, X, Linkedin, YouTube
Address: 'AGP Chambers', 84 Spyrou Kyprianou Avenue, 4004 Limassol, Cyprus

IFC Markets Information

  IFC Markets is a regulated broker founded in 2005 and registered in the Virgin Islands. It offers trading in Indices, Forex, ETF, CFDs, Metals, and Cryptocurrencies with leverage up to 1:400 and variable spreads via Net Trade X, MT4, and MT5 trading platforms. There is no minimum deposit.

IFC Markets' homepage

Pros and Cons

Pros Cons
Regulated by LFSALimited info on trading conditions
Various trading assestsNo info on deposit and withdrawal
MT4 and MT5 supported
Live chat support

WikiFX Field Survey

  WikiFX field survey team visited IFC Markets's address is Cyprus, and we found its office on site, which means the company operates with an physical office.

WikiFX Field Survey

Is IFC Markets Legit?

  Yes, IFC Markets are legitimate. It is regulated by Labuan Financial Services Authority (LFSA) under IFC Markets Ltd, with license number MB/20/0049.

Regulatory StatusRegulated ByLicensed InstitutionLicense TypeLicense Number
RegulatedLabuan Financial Services Authority (LFSA)IFC Markets LtdStraight Through Processing (STP)MB/20/0049
ExceededFinancial Service Corporate (FSCA)IFC MARKETS SA (PTY) LTDFinancial Service Corporate51818
RevokedCyprus Securities and Exchange Commission (CYSEC)IFCM Cyprus LtdCommon Financial Service License147/11
Offshore RegulatedBritish Virgin Islands Financial Services Commission (FSC)IFCMARKETS. CORP.Retail Forex LicenseSIBA/L/14/1073
Regulated by LFSA
Exceeded FSCA license
Revoked CySEC license
Offshore regulated by FSC

What Can I Trade on IFC Markets?

Tradable Instruments Supported
Indices✔
Forex✔
ETF✔
CFDs✔
Metals✔
Cryptocurrency✔
Stocks❌
Equity❌
What Can I Trade on IFC Markets?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Net Trade X✔Windows, MacOs, iOS, Android/
MT4✔Windows, MacOs, iOS, AndroidBeginners
MT5✔Windows, MacOs, iOS, AndroidExperienced traders
Trading Platform

Related broker

Regulated
IFC Markets
Company name:IFCMARKETS. CORP.
Score
5.71
Website:https://www.ifcmarkets.com/
5-10 years | Regulated in South Africa | Regulated in The Virgin Islands | Derivatives Trading License (EP)
Score
5.71

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