What is IFCMarkets?
IFCMarkets, registered in the British Virgin Islands, is a Forex broker that offers an ideal trading environment and conditions for beginners, with options like fixed and variable spreads and other platforms besides MT4 and MT5, such as NetTradeX.
The maximum leverage offered is 400 times, and it supports NBP (no additional margin is required), making it a long-established Forex broker.
Company Information of IFCMarkets
Below is the company information regarding the financial licenses and operating company of IFCMarkets.
Forex Broker | IFCMarkets |
---|---|
Established | 2006 |
Operating Company | IFCMARKETS. CORP. |
Country or Region | British Virgin Islands |
Registration Number | IBC CAP 291 669838 |
Registered Address | Quijano Chambers, P.O. Box 3159, Road Town, Tortola, British Virgin Islands |
Financial License | BVI FSC |
License Number | SIBA/L/14/1073 |
Phone Number | 0120-963-965, 03-4588-8338 |
Email Address | jpn@ifcmarkets.com |
The headquarters of IFCMarkets is located in London, one of the world’s leading financial centers.
Official Site (ifcmarkets.com)
Financial License of IFCMarkets
Below is the financial license of IFCMarkets.
- CySEC (Cyprus Securities and Exchange Commission)
- BVI FSC (British Virgin Islands Financial Services Commission)
- LFSA of Malaysia (Labuan Financial Services Authority)
For more details on the financial licenses, please check the page about IFCM Group on the official site.
Reputation & Reviews of IFCMarkets
While IFCMarkets, a Forex broker, has rumors of profit confiscation and withdrawal denials, it has no record of being penalized for fraud activities as recognized by financial license revocation.
Moreover, IFCMarkets’ liquidity providers (LPs) are eight of the world’s renowned securities exchanges, and its narrow spreads and high execution rates are well-regarded in reviews.
Account Opening Campaign of IFCMarkets
Forex broker IFCMarkets periodically holds account opening campaigns such as account opening bonuses.
Please check the latest account opening campaign on the campaign page.
Additionally, account opening benefits include high interest rates up to 7% and lavish prizes in trading contests.
Handled Brands by IFCMarkets
Below are the categories of brands handled by IFCMarkets.
- FX Currency Pairs
- Precious Metals (Metals)
- Energy
- Stock Indices (Indexes)
- Stocks
- ETFs
- Cryptocurrencies
The maximum leverage offered by IFCMarkets is 400 times.
Official Site (ifcmarkets.com)
Cryptocurrency Trading at IFCMarkets
Forex broker IFCMarkets has started supporting cryptocurrency trading.
The following cryptocurrencies can be traded.
You can also trade Bitcoin futures at IFCMarkets.
Latest List of Cryptocurrency Pairs Here
Maximum Leverage for Cryptocurrency Trading
The maximum leverage for cryptocurrency trading at Forex broker IFCMarkets is 10 times.
Moreover, the trading hours for cryptocurrency CFDs are 24 hours a day, 365 days a year.
You can trade cryptocurrencies on MT4 and MT5 even on weekends, such as Saturdays and Sundays.
Trading Environment & Conditions at IFCMarkets
Below are the benefits of trading with IFCMarkets.
- Over 600 handled brands – FX currency pairs, stocks, precious metals, etc.
- Minimum initial deposit amount is 1USD – allows small investments
- Minimum trading unit is 0.001 lots
- Stop-out level (loss cut level) is set extremely low at 10% of the margin maintenance rate
- Allows DMA & STP, uses instant execution method without slippage
- Multiple accounts can be opened
- Up to 7% interest on the deposit margin
- Dividends (adjustment differential) can be received in stock CFD trading
24-hour customer support is available, and with the stability of a long-established broker and the advantages of its accounts, it is highly recommended for Forex beginners.
Official Site (ifcmarkets.com)
Trading Platforms at IFCMarkets
Below are the trading platforms available at IFCMarkets.
- MT4 (MetaTrader4)
- MT5 (MetaTrader5)
- NetTradeX
Real accounts supporting the latest series of MetaTrader, MT5, have been provided since the summer of 2018.
Moreover, at IFCMarkets, trading accounts with both variable and fixed spreads have become available on NetTradeX, a trading platform developed and provided by IFCMarkets.
What is the original trading software ‘NetTradeX’?
At Forex broker IFCMarkets, you can trade on a free trading platform called NetTradeX, developed and provided by IFCMarkets.
NetTradeX, like MetaTrader4 (MT4) and MetaTrader5 (MT5), supports multiple languages and can be set in various languages.
The actual trading interface is similar to MT4 and MT5, so traders who are accustomed to trading on MetaTrader can easily transition to NetTrade without much confusion.
Comparison of Differences in Trading Platforms
Below is a comparison of the features and differences of the trading platforms at IFCMarkets.
- MT4
- The most popular FX trading software. Its functionality, honed over many years, is a strength.
- MT5
- The next generation of FX trading software. Characterized by its synchronicity with the market.
- NetTradeX
- IFCM’s own developed platform. Flexible and advantageous for researching brands.
IFCMarkets also allows trading on mobile devices such as iPhones and iPads through FX apps.
IFCMarkets also offers a web trader (WebTrader) that does not require downloading.
NBP Support at IFCMarkets
Forex broker IFCMarkets supports NBP (no additional margin required).
Furthermore, the separation management of customer assets and the extremely low set loss cut level at 10% of the margin maintenance rate make trading very easy.
Check the Account Opening Campaign!
Account Types at IFCMarkets
Forex broker IFCMarkets offers a total of 9 types of accounts, including a demo account.
- Standard Account – Fixed Spread
- Beginner Account
- Micro Account
- Demo Account
Below are the available account types and combinations with trading platforms.
Trading Platform | Account Type | Spread |
---|---|---|
NetTradeX | Standard Account | Fixed Spread |
Variable Spread | ||
Beginner Account | Fixed Spread | |
Variable Spread | ||
Demo Account | Fixed Spread | |
Variable Spread | ||
MT4 | Standard Account | Fixed Spread |
Micro Account | Fixed Spread | |
Demo Account | Fixed Spread | |
MT5 | Standard Account | Variable Spread |
Micro Account | Variable Spread | |
Demo Account | Variable Spread |
IFCMakrets also offers a free demo account for virtual trading.
Open a Demo Account (Free) Here
Comparison of Differences in Account Types
The differences between the Standard Account, Beginner Account, and Micro Account at Forex broker IFCMarkets are in the leverage and minimum deposit amount.
Maximum Leverage | |
---|---|
Standard Account | 200 times |
Beginner Account | 400 times |
Micro Account | 400 times |
Minimum Deposit Amount | |
---|---|
Standard Account | 100USD |
Beginner Account | 1USD |
Micro Account | 1USD |
Moreover, you can use multiple accounts simultaneously at IFCMarkets, and all trading platforms can be used at the same time.
Comparison of Fixed and Variable Spreads
Below are the types of spreads offered by IFCMarkets.
Spread | |
---|---|
Variable Spread | Minimum 0.4 pips |
Fixed Spread | Nominally 1.8 pips |
For automated trading such as with EAs, the constant fixed spread is often easier to use.
For discretionary traders, the regular variable spread, which allows trading according to market conditions, is popular.
Accounts with Variable & Fixed Spreads Here
High Interest Account with Up to 7% Annual Interest
With a trading account at FX provider IFCMarkets, you can receive up to 7% interest on your excess margin.
Interest rates range from a minimum of 2% to a maximum of 7%.
For more details on IFCMarkets’ annual interest rates, you can check the high-interest campaign page.
Open an account with 7% annual interest here
IFCMarkets Deposit and Withdrawal Methods
Previously, one drawback of FX provider IFCMarkets was the limited number of deposit and withdrawal methods.
Since around 2019, this has significantly improved, and various deposit and withdrawal methods, including cryptocurrencies, have become available.
- Credit card
- Debit card
- bitwallet
- Bitcoin (Bitcoin/BTC)
- Domestic bank transfer
- Wire transfer
In online wallets, you can use bitwallet and WebMoney.
Start Forex with just 1USD! Forex account for beginners
The initial deposit amount for FX provider IFCMarkets is set at 1USD.
Although depositing only 1USD may seem wasteful considering transaction fees, this lowers the entry barrier compared to many other FX providers that usually set their initial minimum deposit at around 100USD.
Furthermore, IFCMarkets generally charges no deposit fees (0USD).
Beginner and Micro Accounts
If you are unsure which account type or trading platform to choose at FX provider IFCMarkets, please select the Beginner or Micro account.
- Minimum initial deposit is 1USD
- Maximum leverage is 400x
- Minimum trade size is 0.001 lot
“Even if you are not confused but lack confidence,” we recommend the Beginner account over the Standard account.
Official website (ifcmarkets.com)
IFCMarkets Member Page has been Renewed
FX provider IFCMarkets has updated its member page to a new interface to enhance functionality.
IFCMarkets traders, upon logging into the member page, will now see the ‘Dashboard’ which allows access to all features with just one click.
On the dashboard screen, you can see at a glance the status of funded accounts, the opening situation of various trading platforms such as MT4 (MetaTrader4) and MT5 (MetaTrader5), and the overall financial situation.
Member page of IFCMarkets here
IFCMarkets Now Offers Trading in Stocks Listed on the Tokyo Stock Exchange
FX provider IFCMarkets has recently added the Toronto Stock Exchange, and now you can trade approximately 400 stocks listed on major stock exchanges in eight countries.
Moreover, you can also leverage trade stocks of companies listed on the Tokyo Stock Exchange (TSE: Tokyo Stock Exchange) with a minimum of 5% margin (up to 20 times leverage).
Also, since it is CFD trading (Contract for Difference), you can start with a sell order (short selling) rather than a buy order, which is another advantage of trading Japanese stocks at IFCMarkets.
Stocks on the Tokyo Stock Exchange available for trading at IFCMarkets: about 90 stocks
Here is a list of stocks on the Tokyo Stock Exchange that can be traded with a maximum leverage of 20x at IFCMarkets.
- Aeon Co. Ltd.
- Ajinomoto Co. Inc.
- ANA HOLDINGS Inc.
- Asahi Kasei Corp.
- Canon Inc.
- Daiwa Securities Group Inc.
- Denso Corp.
- FUJITSU Ltd.
- Hitachi, Ltd.
- Honda Motor Co. Ltd.
- IHI Corp.
- ITOCHU Corp.
- Japan Post Holdings Co. Ltd.
- KDDI Corp.
- Kirin Holdings Co Ltd
- Kobe Steel, Ltd.
- Komatsu Ltd.
- Kubota Corp.
- MARUBENI
- Mazda Motor Corp. and about 90 other stocks
Furthermore, with IFCMarkets, you can also receive ‘Dividend Adjustment Amounts (securities CFD dividends)’ corresponding to actual dividends when trading stock securities.
IFCMarkets Official Website here
For FX trading such as USD/JPY, you can start with a minimum deposit of 1USD
At FX provider IFCMarkets, you can trade stocks listed on major stock exchanges in eight countries around the world, from Australia to Japan to China to Russia to Germany to the UK to the USA to Canada, at any time of the day.*3
In addition, for usual currency pairs such as USD/JPY, you can start FX trading with IFCMarkets’ maximum leverage of 400x from a minimum deposit of 1USD.
Now, depending on the situation of the FX account and trading conditions, a campaign is also underway that offers up to 7% interest on your deposit.
IFCMarkets is often recommended for those looking for one-coin investments starting from 5USD, traders who want to trade stocks in the same environment as XMTrading (XM, XM), or those who want to trade the same stocks as iFOREX on MT4 or MT5.
Free account opening page at IFCMarkets
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!