IFC Markets Review

Review

IFC Markets,  headquartered in Cyprus, is one of the leading regulated brokers in CFD and Forex markets.The company was founded in 2006 and since then, IFC Markets has expanded the range of services provided and has been focused on the development and implementation of innovative approaches to trading.

IFC Markets Business Model

IFC Markets offers its own trading platform NetTradeX, as well as the most popular platform MetaTrader 4 and MetaTrader 5.

Accounts

IFC Markets offers the following trading accounts to its customers: Beginner NetTradeX, Standard NetTradeX, Micro MT4 and Standard MT4. When opening a Beginner or Micro account a deposit of a very small sum—anywhere from $1 to  $3000 can be made. The leverage offered for these account types is up to 1:400.

IFC Markets Account Types

Opening a Standard account on NetTradeX or MetaTrader 4 requires an initial deposit of $1000 and the leverage offered is up to 1:200. Traders can open accounts in USD, EUR or JPY.

When the equity of the Beginner or Micro account reaches the maximum allowed amount of $5000 or exceeds it, the opening of new positions will be automatically suspended. To continue trading, the client must either change the account type to Standard or withdraw the surplus of funds to decrease the equity to $3000 or lower.

A demo account is available on any of the three platforms and clients belonging to the Islamic religion can open Islamic Trading Accounts, where Swaps are not calculated.

Features

IFC Markets has a number of unique features which make it stand out among other brokers. One of the most important features of IFC Markets is that it gives a unique opportunity of creating and trading the broker’s own new financial instruments (PCI) from a variety of available assets.  In 2018, IFC Markets introduced Bitcoin futures trading to its wide list of assets.

IFC Markets offers fixed and floating spreads providing traders with an opportunity to choose the one which best corresponds to their trading strategy. Another important and significant feature of IFC Markets is that it offers up to 1:40 leverage for stocks.

There are so many widgets at IFC Market, it is difficult to list them all. They include the following: Live Price, Currency Converter, Live Quotes, Market Sentiment, a 3 in 1 widget and more.

There are also several partnership possibilities such as Introducing Brokers and Media Partners which is a universal Partnership Program specifically for active Internet users. Anyone with personal website, or blog site and considers themselves a webmaster, can use IFC Markets’ new opportunities for making an income.

Education

Clients at IFC Markets are provided with a host of educational materials on financial markets. They are also offered a daily Market Overview. Weekly market analysis is presented in video form, and Market Sentiment are published once a week, Technical Analysis and Market Data including Price History and Live Charts are posted daily.

IFC Markets Technical Analysis

IFC Markets Weekly Videos

IFC Markets has recently added a new analytical tool called Top Gainers and Losers, which immediately calculates market movers. It provides 10 instruments which have shown the highest increase and biggest decrease for selected period of time (up to 1 year). Traders may calculate Gainers and Losers according to the selected instrument group – stocks, currency pairs, precious metals, indices, commodities, gold instruments, ETFs, PCI library. Once a week a new analytical article is published based on this tool.

In addition, there are lengthy textual articles on a variety of topics including a whole series on Portfolio Trading and one on Spread Trading. Articles in the  Our Innovations section include concepts such as the Portfolio Quoting Method, Pair Trading and more.

IFC Markets GeWorko Method

An Economic Calendar with Global Financial Events and the different time zones is available and is highly detailed.

Several calculators round out the broker’s instructional material. These include a currency convertor, a Profit/Loss calculator, and a Margin calculator.

Deposits/Withdrawals

Deposits can be made via Wire Transfer, Bank Cards, WebMoney, Skrill, Neteller, OKPAY, China UnionPay, MybitWallet, and Unistream.Withdrawals can be made via Wire Transfer, WebMoney, Neteller, Skrill, OKPAY, China UnionPay, MybitWallet, Unistream.

Customer Support

IFC Markets provides highly-qualified customer support in 18 languages. Traders can get in touch with IFC Markets through email, Live Chat, Call Back, Skype, Phone, WhatsApp, Telegram, Trading desk. Customer support is available 24/5.

The FAQ section is divided into four sections and all questions not listed there can be directed to the support representatives using any of the above contact methods.

Conclusion

The IFC Markets website is one of the busiest sites I have ever reviewed. It is full of charts, reports and topic possibilities. Education seems to be a major concern as the list of material is abundant and on an advanced level. The choice of trading accounts is small but adequate and it’s nice to see that there are several demo accounts. All in all, this broker seems to offer everything a trader needs in a clear and user-friendly manner.

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Features

There are many outstanding features at IFC Markets which include a host of educational offerings includes textual lessons, videos, technical and fundamental analysis, weekly and daily market reviews, calculators, widgets and more. The website is always busy and is available in many languages. The brokerage offers two solid MetaTrader platforms as well as an interesting proprietary platform, all of which offer a free demo. I missed seeing bonuses or promotions which are always interesting and help attract new clients.

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Platforms

NetTradeX

NetTradeX trading platform has been developed by IFC Markets and has a number of advantages which make it unique among other trading platforms. NetTradeX gives investors an opportunity to open positions of any volume, have various charts and technical analysis tools, which will help to analyze the market easily, create own limitless financial instruments through the PCI technology, create expert advisor through simple programming language NTL+, set any types of orders, get the latest financial news, etc.

IFC Markets NetTradeX Platform

IFC Markets PCI Order Creation

MetaTrader 4

MetaTrader 4 trading platform is the most popular trading platform among traders and almost everyone is familiar with the distinctive features of MT4. By using MetaTrader 4 trading platform investors and traders will have the chance to use program trading, which allows to develop own indicators.

IFC Markets MetaTrader 4 Platform

Mobile

Both platforms can be used on Windows, Mac OS, as well as on mobile devices with operating systems iOS, Android. Applications for mobile trading can be downloaded from Play Store or Google Play.

IFC Markets NetTradeX Mobile Platform

 

 

MetaTrader 5

This platform is ideal for advanced traders as it offers two types of stop orders and four types of pending orders - more options than the standard MT4 provides. The MetaTrader 5 platform also offers more advanced chart time frames and a built-in economic calendar that can help traders plan their trades more accurately.

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User Reviews

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