Overall, it is difficult to pinpoint specific disadvantages for IFC Markets.
Before the website design update, the only notable drawback was its outdated user interface. However, with the recent updates, this issue is no longer prominent.
IFC Markets is a forex broker that is part of the IFCM Group and has been serving over 210,000 clients worldwide for nearly two decades. Operating in more than 80 countries, this broker offers access to over 600 trading instruments, providing users with a wide range of trading tools.
The company is actively involved in developing financial technology projects, continuing to provide financial services while adhering to international standards.
IFC Markets has a collection of licenses with varying levels of credibility. Some are highly reputable, while others are more moderate.
In 2020, IFC Markets launched a subsidiary, IFC Markets Ltd, which offers a range of analytical content to help traders make informed decisions.
At IFC Markets, trading fees are charged through spreads and overnight swaps. The broker offers fixed spreads starting from 1.8 pips and variable spreads from 0.4 pips. Additionally, Islamic accounts are available for residents of Islamic countries. To access these, a specific form must be completed and submitted to the broker.
IFC Markets provides its clients with a wide variety of trading products, offering over 650 instruments, allowing traders to select options that align with their trading strategies.
The instruments may vary slightly depending on the type of trading account. For instance, cryptocurrency CFDs are available only on accounts that support MetaTrader 4 and 5 platforms.
IFC Markets offers 14 cryptocurrencies for trading as CFDs, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple. These are available for trading 24/7.
As an STP (Straight-through processing) broker, IFC Markets offers high-speed order execution by sourcing prices directly from liquidity providers. This results in immediate execution of trades, which is crucial for traders seeking real-time market access.
It is recommended to test the trade execution speed using a demo account before opening a real trading account.
IFC Markets offers access to three different trading platforms, each available in multiple formats:
IFC Markets offers Persian-language customer support 7 days a week:
The broker provides services to 80 countries, including Iran, and supports 19 different languages. With over 210,000 active clients, the broker’s broad geographic and linguistic diversity reflects its strong customer trust and high-quality support.
IFC Markets offers several account types, enabling traders to choose based on their needs and trading style. The accounts are categorized based on the trading platforms (MetaTrader 4, MetaTrader 5, and NetTradeX). This categorization allows traders to select the right account based on their platform preference.
On the NetTradeX platform, IFC Markets offers both fixed and variable spread accounts.
To register with IFC Markets, follow these steps:
Once logged into the IFC Markets dashboard, you can manage all aspects of your account. From the right-side toolbar, you can:
In the “My Money” section, you’ll find three options:
For Rial deposits, select the appropriate method, choose the account to credit, and enter the amount to deposit. Processing time and fees for each method are shown during the transaction.
For withdrawals, select the withdrawal method and amount, and follow the prompts to complete the transfer.
Currently, IFC Markets does not offer any active bonuses or promotions. However, bonus offers are updated monthly, and you can check for new promotions on their official site.
IFC Markets offers an annual profit bonus on unused margin. This allows you to earn interest on the free margin (unused balance) in your trading account.
IFC Markets has established itself as a reliable broker with a clear focus on transparency and user experience. With access to more than 500 trading instruments, and professional platforms like MetaTrader 4, MetaTrader 5, and NetTradeX, it offers diverse trading opportunities.
Additionally, traders can benefit from multi-language support, including Persian, and utilize resources like PAMM accounts, VIP accounts, and educational materials. IFC Markets provides a secure and well-regulated environment, making it a solid choice for traders looking for long-term success.