This broker was established in the year 2006 and is located in the British Virgin Islands. Its trademark is a financial company that focuses mainly on brokerage services such as spot and CFDs for equities, indices, and commodities. IFC Market is registered under the 669838 registration number. It aims at providing all its traders with high trading services quality at low spreads for all volume category traders. It is a leading financial market broker and usually provide online Forex trading services, and also stock, future, index, and commodity CFDs.
IFC provided two major trading platforms that include NetTradeX and MetaTrader4. NetTradeX is an online trading platform that gives traders a chance to carry out trading activities in CFD and Forex markets. You can compose a personal composite instrument (PCI) by a GeWorko method. This approach is an innovative one to portfolio trading. Meta Trader4 involves CFDs and spot Forex trading. With Meta Trader4, traders are able to access technical tools to carry out high-quality analysis for their trading activities.
IFC Markets have two types of accounts for each trading platform. The IFC Company also offers VIP accounts. The most common accounts include
• NetTradeX –It has the beginner and a standard account
• MetaTrader4 – It has the Micro and a Standard account
Withdrawals and Deposits
To open a trading account in IFC Market, you have to deposit from $1 to $300 which very fair compared to other brokers. Deposits can be carried out through Western Union, Bank Cards, Wire Transfer, OKPAY, Neteller, Skrill, and WebMoney. Withdrawals can also be made on the same platforms done through deposits. There is no minimum amount of withdrawal in IFC Markets
Spread, Commission, and Leverage
IFC Marketing does not charge commissions on its trading services. They charge spread whereby the level of charged spread depends on the traded assets. The leverages offered for the IFC Market accounts are up to 1:400.
IFC Markets offer high-quality customer service in twelve languages. Traders are able to contact IFC markets via live chats, Skype, Call back, email, trading desk, and a phone. The customer service is available 24/5.
• Numerous trading platforms hence the traders have the freedom to choose
• Has a demo account which enables the traders to test an account before purchasing it
• Has a variety of educational materials on financial markets in its website
• There are no promotions or bonuses
• There is no regulation
Despite the fact the IFC Market offers good services to its traders, it does not have special services that make it unique. It not having any regulation is a big turn off for potential clients. But, they are ready to offer their clients legal protection and safeguard that is higher than the industry standard level. However, this broker seems to care about education since they provide a lot of financial management educative materials to clients.