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IFC Markets -

Score

5.05 /10
Average

IFC Markets

The Virgin Islands

5-10 years

Regulated in Malaysia

Straight Through Processing (STP)

MT4 Full License

Global Business

Cyprus Common Financial Service License Revoked

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.ifcmarkets.com

Influence

A

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index5.87

Business Index7.73

Risk Management Index0.00

Software Index9.81

License Index4.29

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

IFCMARKETS. CORP.

Company Abbreviation

IFC Markets

Platform registered country and region

The Virgin Islands

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • 5511910868300

  • 35722000149

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 6
Previous Detection : 2025-09-03
  • WikiFX has received a total of 8 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

A Visit to IFC MARKETS in Cyprus – No Office Found

The survey team went to Cyprus to visit broker IFC MARKETS as scheduled, but did not find the company’s office at its regulatory address. Accordingly, it is suggested that investors should be meticulous in choosing the broker.

Danger Cyprus

WikiFX Verification

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

G

Stupid

2020-08-01 13:27
Others

GOT SCAMMED IFC MARKET

I deposited 62,888 BUT THEY HAVE DIS ACTIVATE MY ACCOUNT I CANT DO ANY THING WITH IT DONT INSVEST WITH THEM.

2021-09-14 13:45
Scam

IFC closed my account and rejected my deposit

I am opening this case against IFCMarkets Broker I opened a live account with this broker and funded my account via webmoney with the amount of 2000$ (13th Jan 2021 ) and I also received 600$ bonus after only 12 hours I found out that my account has been blocked and I received an email that my account has been closed because of Arbitrage !!!! the note is that I did not open any trade on my account at all !!!! the most important note in this case is that IFCMarkets blocked.

2021-09-29 22:22
Scam

Scammed $2,000 out of me!

I opened a live account with this broker and funded my account via WebMoney with an amount of $2,000 , and then I received a $600 bonus. After only 12 hours, I found out that my account had been blocked and received an email claiming that my account had been closed because of Arbitrage! But I did not open any trade on my account at all. The most important note, in this case, is that the broker has blocked my whole balance and they did not allow me to withdraw my initial deposit ($2,000). They referred me to section 5.2 of the client agreement and claimed that they had the right to block my account, ALL of my balance, and even my INITIAL DEPOSIT! I really can not understand what is going on here...I even did not open any trade on my account. This clearly is a SCAM!!!

2021-09-02 17:53
Scam

no withdrawal my mony

ok no withdrawal not

2023-03-03 02:46
Unable to Withdraw

Cannot withdraw !!!

I am opening this case against IFCMarkets BrokerI opened a live account with this broker and funded my account via webmoneywith the amount of 2000$ and I also received 600$ bonusafter only 12 hours I found out that IFCMarkets blocked my whole balance andthey are not allowing my to make withdrawal my Initial deposit ( 2000$ )

2021-09-13 22:58
Scam

Deposited for the bonus, but account was blocked immediately

I opened a live account with this broker and funded my account via WebMoney with an amount of $2,000, and then I received a $600 bonus. After only 12 hours, I found out that my account had been blocked and received an email claiming that my account had been closed because of Arbitrage! But I did not open any trade on my account at all. The most important note, in this case, is that the Broker blocked my whole balance and they did not allow me to withdraw my initial deposit ($2,000). They referred me to section 5.2 of the client agreement and claimed that they had the right to block my account, ALL of my balance, and even my INITIAL DEPOSIT! I really can not understand what is going on here...I even did not open any trade on my account. This clearly is a SCAM!!!

2021-09-14 16:52
Unable to Withdraw

The money in my account is withdrawn by others

I have been using this platform for nearly 6 years. Although the delay has been fixed for more than 3 seconds, but I don’t trade much, I deposit and withdraw funds occasionally, and use it as a stock hedging. I lost a total of 30,000 US dollars on this platform, and it doesn’t matter if I lose. Recently, I used EA to place orders with friends. I only traded once every 20-30 minutes, and I got a few thousand dollars back. Last week, 2 accounts closed with more than $10,000. Yesterday Monday night, I found out that the funds in my account were applied for withdrawal. A total of $11,100, and now there are only a few thousand left. I checked the records and asked about customer service. He said that the funds were withdrawn to the BTC wallet, but I clearly did not apply for deposits in BTC or other digital currencies before, and I did not accept the withdrawal of funds in this way. They just said my member center password, they didn't give me the record IP of the application, they just said it was a different country. I have 100,000 doubts in my heart, why would someone withdraw money from my account if I recover a little bit? Why did the platform process the withdrawal application without confirming the wallet address? Emailed them CS, but still no reply ‧ Even if the password was stolen, reset should be fine, now they suspended my login and didn't send me daily transaction records. I am very concerned about the safety of my funds.

2022-04-19 08:04
    Data Source WikiFX Data provide
    Updated: 2025-09-03
    IFC Markets · Company summary
    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

    News

    ExposureIFC Markets: The Broker With No License!!

    When evaluating a forex broker, regulatory status is one of the most important indicators of credibility and investor protection. In the case of IFC Markets, WikiFX’s findings raise several red flags that potential traders should carefully consider before engaging with this platform.

    WikiFX
    2025-07-09 17:08
    IFC Markets: The Broker With No License!!

    ExposureIs IFC Markets Good for you? Read the Broker Review

    IFC Markets is an online broker that provides clients with a wide range of financial instruments and trading services worldwide. The company offers various trading instruments, including currency pairs, commodities, indices, stocks, and cryptocurrencies through multiple trading platforms, including NetTradeX, MetaTrader 4, and MetaTrader 5.

    WikiFX
    2025-02-25 18:41
    Is IFC Markets Good for you? Read the Broker Review

    NewsWIKIFX REPORT: IFC Markets adds four new Crypto Currency pairs

    IFC Markets allows clients to replenish instruments at any time, and traders all over the world can trade CFDs on the most prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XPR), with a broker 24 hours a day, 7 days a week. Traders can even design their own fake instruments using IFC Markets' GeWorko Portfolio Quoting Method.

    WikiFX
    2022-06-02 12:10
    WIKIFX REPORT: IFC Markets adds four new Crypto Currency pairs

    NewsWikiFX report: List of financial instruments you can trade on IFC Markets

    What you can trade on IFC Markets? There are more than 1000 financial instruments you can access from one platform.

    WikiFX
    2022-04-22 15:30
    WikiFX report: List of financial instruments you can trade on IFC Markets
    About More

    User Reviews

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    User comment

    6

    Comments

    Write a review

    LaLa123
    more than one year
    It offers three types of accounts for traders to choose from. I opted for the Premium account because it has larger leverage, which allows me to gain larger profits with less capital. As the saying goes, one must take risks for substantial rewards.
    It offers three types of accounts for traders to choose from. I opted for the Premium account because it has larger leverage, which allows me to gain larger profits with less capital. As the saying goes, one must take risks for substantial rewards.
    Translate to English
    2023-12-13 15:14
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    FX1286573346
    more than one year
    I am trading with IFC Markets for quite a long time and I recommend this broker. Never had major issues. Everything works fast and smooth.
    I am trading with IFC Markets for quite a long time and I recommend this broker. Never had major issues. Everything works fast and smooth.
    Translate to English
    2023-02-24 14:44
    Reply
    0
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    8