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IFC Markets Forex Broker provides real users with 2 positive reviews, 1 neutral reviews and 8 exposure review!

IFC Markets Broker Review

5.04

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Risk Manage

IFC Markets Review 11

Latest All(11) Positive(2) Neutral(1) Exposure(8)
Positive
Premium Account Selection: Leveraging High Risk for Higher Profits

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.

LaLa123
2023-12-13
Exposure
no withdrawal my mony

ok no withdrawal not

abdalslam Ibrahim
2023-03-03
Neutral

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.

FX1286573346
2023-02-24
Positive

Official website is simple to use, the trading software is fantastic, and the interface and installation are breezes. All content available in numerous languages, and the customer service is excellent.

FX1122377873
2022-12-10
Exposure
The money in my account is withdrawn by others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 He said that the funds were withdrawn to the BTC wallet, but I clearly did not apply for deposits in BTC or other digital currencies before, and I did not accept the withdrawal of funds in this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.

安哥的影子
2022-04-19
Exposure
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.

Talal baig66941
2021-09-29
Exposure
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!!!

gustavo_fring
2021-09-14
Exposure
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.

FX1828126555
2021-09-14

  

IFC Markets 2025 Review: Everything You Need to Know

  IFC Markets has garnered mixed reviews in the forex trading community, with some users praising its innovative features, while others express concerns over customer service and regulatory issues. The broker is recognized for its unique portfolio quoting method that allows traders to create synthetic instruments, which can be appealing for those looking to diversify their trading strategies. However, the offshore regulation and reports of withdrawal issues raise red flags for potential clients.

  Note: It is important to emphasize that IFC Markets operates through various entities across different regions, which can result in varying trading conditions and regulatory oversight. This aspect should be carefully considered to ensure a fair and accurate evaluation.

  

Rating Box

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7.5
Customer Service and Support 5.0
Trading Setup (or Experience) 6.0
Trustworthiness 5.5
User Experience 6.0

  We score brokers based on a comprehensive analysis of user reviews, expert opinions, and factual data.

  

Broker Overview

  Founded in 2006, IFC Markets is part of the IFCM Group, which includes several financial services entities. The broker is headquartered in the British Virgin Islands and has regulatory oversight from the BVI FSC and the Labuan FSA. IFC Markets offers a variety of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its proprietary platform, Net Tradex. Traders can access a wide range of assets, including forex, commodities, indices, stocks, and cryptocurrencies.

  

Detailed Section

  

Regulatory Geography/Regions

  IFC Markets is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and the Labuan Financial Services Authority (LFSA). However, these regulators are considered tier-2 and tier-3, which may not provide the same level of investor protection as tier-1 regulators like the FCA or ASIC.

  

Deposit/Withdrawal Currencies/Cryptocurrencies

  The broker supports deposits and withdrawals in multiple currencies, including USD, EUR, and JPY. Additionally, it accepts cryptocurrencies, which can be a convenient option for many traders.

  

Minimum Deposit

  The minimum deposit to open an account with IFC Markets is as low as $1 for beginner accounts. However, standard accounts require a minimum deposit of $1,000, which may be a barrier for some novice traders.

  

Bonuses/Promotions

  IFC Markets does not currently offer any bonuses or promotions, which is a refreshing change compared to many brokers that often use these as marketing gimmicks. This lack of promotions can enhance transparency regarding trading costs.

  

Tradable Asset Classes

  IFC Markets provides access to over 600 trading instruments, including:

  • Currency Pairs: Major, minor, and exotic pairs.
  • Commodities: Including precious metals like gold and silver.
  • Indices: A selection of global indices for diversified exposure.
  • Stocks: CFDs on a range of equities.
  • Cryptocurrencies: A limited selection of crypto CFDs.

  

Costs (Spreads, Fees, Commissions)

  For trading costs, IFC Markets offers competitive spreads, starting from 0.4 pips for floating spreads on the Net Tradex platform and fixed spreads starting from 1.8 pips on MT4. The broker does not charge commissions on trades, which is beneficial for high-volume traders. However, there are deposit fees associated with some payment methods.

  

Leverage

  IFC Markets offers leverage of up to 1:400, which can be appealing for experienced traders looking to maximize their trading positions. However, this high leverage also poses increased risk, especially for inexperienced traders.

  

Allowed Trading Platforms

  Traders can choose between several platforms, including MT4, MT5, and the proprietary Net Tradex. Each platform offers unique features, with Net Tradex allowing for the creation of synthetic instruments, which is a standout feature of this broker.

  

Restricted Regions

  IFC Markets does not accept clients from several countries, including the United States, Japan, and the British Virgin Islands. This restriction is important for potential clients to consider when evaluating their options.

  

Available Customer Support Languages

  Customer support is available in multiple languages, including English, Russian, Spanish, German, and more. However, the support team operates 24/5, which may be a limitation for traders seeking assistance outside these hours.

  

Repeated Rating Box

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7.5
Customer Service and Support 5.0
Trading Setup (or Experience) 6.0
Trustworthiness 5.5
User Experience 6.0

  

Detailed Breakdown Section

  

Account Conditions

  IFC Markets offers a low minimum deposit of $1 for beginner accounts, making it accessible for new traders. However, the $1,000 minimum for standard accounts may deter some users.

  

Tools and Resources

  The broker provides a decent range of educational materials, including video tutorials and market analysis, which can be beneficial for traders looking to improve their skills.

  

Customer Service and Support

  Customer service has received mixed reviews, with some users reporting delays in response times and issues with withdrawals. This raises concerns about the reliability of their support system.

  

Trading Setup (or Experience)

  Traders can utilize multiple platforms, but the proprietary Net Tradex platform may not be as familiar to users of MT4 and MT5, potentially leading to a learning curve.

  

Trustworthiness

  The regulatory status of IFC Markets is a concern, as it operates under tier-2 and tier-3 jurisdictions. Reports of withdrawal issues and regulatory warnings from various regions further highlight the need for caution.

  

User Experience

  Overall, user experiences vary widely, with some traders appreciating the innovative features while others express dissatisfaction with customer support and withdrawal processes.

  In conclusion, while IFC Markets offers some attractive features and a range of trading options, potential clients should carefully weigh the risks associated with its regulatory status and customer service reliability.