IFC Markets Forex Trade Platform and Broker Review

IFC Markets Forex Trade Platform and Broker Review

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IFC Markets Broker Review

IFC Markets is a leading, award-winning online forex broker that was established in 2006 in the British Virgin Islands. IFC Markets is involved in providing synthetic instruments and portfolio quoting methods.

IFC Markets has between 500 and 1,000 employees and is headquartered in the British Virgin Islands with offices in Cyprus and Malaysia.

Is IFC Markets Regulated?

Yes, IFC Markets is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and the Cyprus Securities and Exchange Commission (CySEC). 

Is IFC Markets Regulated in the United States?

No, IFC Markets is not regulated in Virginia or any other US state. 

Is IFC Markets Regulated in Europe?

Yes, IFC Markets is regulated in Europe by the British Virgin Islands Financial Services Commission (BVI FSC) and the Cyprus Securities and Exchange Commission (CySEC), allowing IFC Markets to provide cross-border investment services as a regulated forex broker in Europe.

Is IFC Markets regulated in a Tier-1 Jurisdiction?

Tier-1 Jurisdiction grants brokers with the necessary license to offer financial services in Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

According to the official IFC Markets website, IFC Markets is regulated in Tier-1 jurisdiction.

Is IFC Markets regulated in Tier-2 Jurisdiction?

With Tier-2 Jurisdiction, IFC Markets is provided with the license to offer financial services and operate in the British Virgin Islands, Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

According to the official website, IFC Markets is regulated in Tier-2 jurisdiction.

What are the Platforms and Tools for Forex Trading in IFC Markets?

IFC Markets provides forex traders with a choice between three innovative, powerful, and user-friendly trading platforms that can be used to fulfill the trading needs and objectives of beginner, advanced, and professional forex traders. These trading platforms are MetaTrader 4, MetaTrader 5, and NetTradeX.

  1. MetaTrader 4 is the most popular trading platform in the industry and is available across several devices, with perfect integration of the trading account and trading activities. MetaTrader 4 offers IFC Markets’ forex traders with robust charting capabilities, an array of tools, the use of expert advisors, and more.
  2. MetaTrader 5 is an improvement on MetaTrader 4, and it has become especially popular among CFD forex traders in recent years. MetaTrader 5 is packed full of additional technical indicators and more chart time-frames. MetaTrader 5 is available across several devices and free of charge for IFC Markets’ forex traders to use for forex and CFD trading.
  3. NetTradeX is IFC Markets’ proprietary trading platform that offers professional trading solutions in addition to fast trade execution, access to more financial instruments, the ability to place orders on any volume, and access to Portfolio trading via the Portfolio Quoting Method.

Does IFC Markets Have a News Blog for Forex News?

Yes, IFC Markets has a news blog for forex news present on its official website under “Market Overview” which can be found under the analytics tab.

Does IFC Markets Have a Traders Dashboard?

No, IFC Markets does not have a forex traders dashboard on the official website.

Does IFC Markets Have an Educational Section?

Yes, IFC Markets has an education section for forex traders on its official website. 

What is the content of IFC Markets Forex Education?

IFC Markets has a comprehensive forex education section on its official website that consists of several components namely:

  1. Introduction to trading.
  2. Working on a platform.
  3. Start Trading.
  4. Market Forecast.
  5. Forex and CFD Video Tutorials.
  6. Forex Trading Books.
  7. Trading Terminology: Glossary of Forex and CFD Terms.

The “Introduction to Trading” Section consists of a variety of videos on topics such as:

  1. “What is Forex Market?”
  2. “Why trade Forex?”
  3. “What is CFD Trading?”
  4. “What is Leverage in Forex?”
  5. “Spread: Floating and Fixed”.

The “Working on a Platform” Section consists of:

  1. “What is a trading platform?”
  2. “Which trading platform to choose?”
  3. “User Manuals”.
  4. “Video tutorials on NetTradeX”.
  5. “Video tutorials on MetaTrader 4”.
  6. “Video tutorials on MetaTrader 5”.

The “Start Trading” section features various topics including:

  1. “Open Forex Account”.
  2. “Profit/Loss Calculation”.
  3. “Forex Trading Strategies”.
  4. “Algorithmic Trading”.
  5. “Trading Psychology”.
  6. “Single Trading Account”.

The “Market Forecast” section has several videos centered on the following topics:

  1. “The Basic Concept of Technical Analysis”.
  2. “Dow Theory”.
  3. “Chart Patterns”.
  4. “Technical Indicators”.
  5. “Fundamental Analysis”.
  6. “Factors affecting the Exchange Rate”.

The Forex and CFD Video Tutorials section offers forex traders a variety of videos that focus on the following:

  1. Video Tutorials for Beginners (13 Videos).
  2. Video Tutorials to work on NetTradeX (6 Videos).
  3. Video Tutorials to work on MetaTrader 4 terminal (6 Videos).
  4. Video Tutorials to work on MetaTrader 5 terminal (1 Video).

The Forex Trading Books section offers forex traders a variety of free trading books that can be downloaded from the official IFC Markets website covering:

  1. “Forex Trading Tutorial for Beginners”.
  2. “CFD Tutorial PDF”.
  3. “Learn Technical Analysis”.
  4. “Articles on Personal Instruments”.
  5. “Common Trading Mistakes”.
  6. “Basics of Dow Theory”.

The Forex Trading Terminology section has a glossary of forex and CFD terms that forex traders will come across while trading. This section offers a comprehensive in-depth view of these terms and their definitions. This section is easy to navigate and allows for the selection of letters from A to Z to provide the relevant terms and definitions under that letter.

Is IFC Markets Legit?

Yes, IFC Markets is a legit Forex Broker and Trade Platform that is regulated and authorized by BVI FSC and CySEC.

Is IFC Markets Safe?

Yes, IFC Markets is a reliable and safe Forex Trade platform that is well-regulated by:

  • The British Virgin Islands Financial Services Commission (BVI FSC) in the British Virgin Islands
  • The Cyprus Securities and Exchange Commission (CySEC) in Cyprus.


IFC Markets follows the European Commission’s Markets in Financial Instruments Directive (MiFID) in addition to being a member of the Investor Compensation Fund (ICF), which provides eligible forex traders with compensation up to 20,000 EUR if IFC Markets becomes insolvent, goes bankrupt, or is otherwise unable to fulfill its financial obligations.

IFC Markets holds client funds in segregated accounts with top-tier banks, separate from its own operational funds. IFC Markets may not use these funds for any purposes other than towards trading activities and the funds must be made available for withdrawal at any given time.

Is IFC Markets a Good Broker?

Yes. According to a Forex Suggest review that was done on the broker, IFC Markets is a good broker when measuring its security, trading speed, online support, and cryptocurrency provision.

  1. IFC Markets makes use of robust technology and processes to ensure that data, information, and transactions are encrypted and secured by SSL and other measures.
  2. In terms of trading speed, IFC Markets makes use of the latest technology to ensure that orders are executed instantly at the quote of the trading terminal. IFC Markets ensures that there is no requoting for small and medium volumes, with large orders being sent directly to the liquidity provider.
  3. In terms of online support, IFC Markets offers forex traders support through Live Chat, Skype, Facebook Messenger, Telegram, WhatsApp, and Call Back.
  4. IFC Markets offers CFDs on Cryptocurrency Futures on Bitcoin.

What is the Offering of Investment in IFC Markets?

Offerings of IFC Markets can be found below.

Feature IFC Markets
Forex Trading Yes
CFDs Yes
Forex Pairs Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) Yes
Social Trading  No

Does IFC Markets have Nasdaq?

Nasdaq is the second-largest stock exchange according to a market capitalization that tracks the top technology shares in the United States.

IFC Markets has Nasdaq, and as a Nasdaq owner, offers indices as CFDs.

What are the Awards of IFC Markets?

Forex Trading Platform IFC Markets’ awards are listed below.

  1. Most Customer-Centric Forex Broker Indonesia (2021) – The Global Economics.
  2. Best International Forex Broker Vietnam (2021) – International Business Magazine.
  3. Best International Forex Broker South Korea (2021) – International Business Magazine.
  4. Most International Forex Broker (2020) – AtoZ Markets.
  5. Best Forex Broker Southeast Asia (2020) – International Business Magazine.

How to Use IFC Markets for Forex trading?

To use IFC Markets, a forex trader should have the necessities below:

  1. Forex traders must be 18 years, or older before they register an account with IFC Markets.
  2. Forex traders must have a valid ID (Driver’s License, Passport, ID Card) and proof of their residential address (utility bill, bank/credit card statement displaying the trader’s name and address).
  3. Forex traders must be able to pay the $1 (or equivalent in JPY and EUR) minimum deposit.

Once a forex trader meets the conditions above, they can register a forex trading account to use the services of IFC Markets.

How to open a Forex trader account with IFC Markets?

To open a Forex Trading account with IFC Markets, a trader should follow the steps below.

  1. Forex traders can navigate to the official IFC Markets website and select “Open Account” from the homepage.
  2. Forex traders can provide their first and last name, email address, user-selected password, country of residence, and mobile number before selecting “Register”.
  3. Forex traders can go to their inbox to confirm their email by clicking the embedded link in the verification email.
  4. Forex traders will be redirected back to the IFC Website and the Account Opening application.
  5. Forex traders can select their trading platform, account type, leverage ratio, and account currency.
  6. Forex traders must read the Customer Agreement, Terms of Business, and Risk Disclosure before they select that they have read and agree to the documents.
  7. Forex traders can select “Open Account” and they will be directed to their trading area. The account credentials will be emailed to the forex traders and they can proceed by selecting their preferred deposit method.
  8. Once forex traders have made the required deposit according to the account type they chose, forex traders can verify their identity by uploading a copy of their ID and proof of residence, followed by downloading and installing the trading platform, or forex traders can use the WebTrader of the trading platform, and log in using their provided credentials.

What are the Forex Trader Account Types with IFC Markets?

Forex Trading Platform and Financial Asset Management Institution IFC Markets has 9 different account types that are offered.

IFC Markets Account Types are listed below. 

  1. NetTradeX Standard-Fixed and Floating Account

  2. NetTradeX Beginner-Fixed and Floating Account

  3. NetTradeX Demo-Fixed and Floating

  4. MetaTrader 4 Standard-Fixed Account

  5. MetaTrader 4 Micro-Fixed Account

  6. MetaTrader 4 Demo-Fixed Account

  7. MetaTrader 5 Standard-Floating Account

  8. MetaTrader 5 Micro-Floating Account

  9. MetaTrader 5 Demo-Floating Account

  10. Islamic Account

 

  • NetTradeX Standard-Fixed and Floating Account

The IFC Markets NetTradeX Standard-Fixed and Floating Account offers forex traders with both Standard Fixed as well as Floating trading conditions that are flexible, catering for various trading needs. This Account has the following features:

  • USD, EUR, JPY, or uBTC as the base account currency.
  • An initial deposit of 1,000 USD, EUR, or 100,000 JPY.
  • No maximum equity.
  • Leverage between 1:1 up to 1:200.
  • Fixed spreads that start from 1.8 pips.
  • Floating spreads start from 0.4 pips.
  • The short margin of 10%.
  • The minimum volume of 10,000 units on forex.
  • Access to Market Newsline.
  • Ability to use hedging/netting.

 

  • NetTradeX Beginner-Fixed and Floating Account

The IFC Markets NetTradeX Beginner-Fixed and Floating Account caters especially for beginners who want to use the NetTradeX platform. The Account has the following features:

  • USD, EUR, JPY, or uBTC as the base account currency.
  • An initial deposit of 1 USD, EUR, or 100 JPY.
  • Maximum equity of 5,000 USD.
  • Leverage between 1:1 up to 1:400.
  • Fixed spreads that start from 1.8 pips.
  • Floating spreads start from 0.4 pips.
  • The short margin of 10%.
  • The minimum volume of 100 units on forex.
  • Access to Market Newsline.
  • Ability to use hedging/netting.

 

  • NetTradeX Demo-Fixed and Floating Account

The IFC Markets NetTradeX Demo-Fixed and Floating Account offers a risk-free account that mimics a live trading account and reflects the trading conditions of its live counterparts. This Account has the following features:

  • USD, EUR, JPY, or uBTC as the base account currency.
  • No initial deposit as virtual funds is provided.
  • No maximum equity.
  • Leverage between 1:1 up to 1:400.
  • Fixed spreads that start from 1.8 pips.
  • Floating spreads start from 0.4 pips.
  • The short margin of 10%.
  • The minimum volume of 100 units on forex.
  • Ability to use hedging/netting.

 

  • MetaTrader 4 Standard-Fixed Account

The IFC Markets MetaTrader 4 Standard-Fixed Account caters to forex traders who want standard trading conditions while using MetaTrader 4. This Account has the following features:

  • USD, EUR, or JPY as the base account currency.
  • An initial deposit of 1,000 USD, EUR, or 100,000 JPY.
  • No maximum equity.
  • Leverage between 1:1 up to 1:200.
  • Fixed spreads that start from 1.8 pips.
  • Minimum volume starting from 0.1 lot on forex.
  • The short margin of 10%.
  • The minimum volume of 10,000 units on forex.
  • Access to Market Newsline.
  • Ability to use hedging while trading on this account.

 

  • MetaTrader 4 Micro-Fixed Account

The IFC Markets MetaTrader 4 Micro-Fixed Account is the perfect account for beginners who are just starting to trade in a live environment. This account features the following:

  • USD, EUR, or JPY as the base account currency.
  • An initial deposit of 1 USD, EUR, or 100 JPY.
  • Maximum equity of 5,000 USD, EUR, or 500,000 JPY.
  • Leverage between 1:1 up to 1:400.
  • Fixed spreads that start from 1.8 pips.
  • The short margin of 10%.
  • The minimum trade volume of 0.01 lot, or a Micro Lot.
  • The minimum volume of 10,000 units on forex.
  • Access to Market Newsline.
  • Ability to use hedging.
  • MetaTrader 4 Demo-Fixed Account

The IFC Markets MetaTrader 4 Demo-Fixed Account reflects the live conditions of its counterparts but is a risk-free account where forex traders can practice trading or test their strategies. This account features the following:

  • USD, EUR, or JPY as the base account currency.
  • No initial deposit of actual capital as virtual funds are provided.
  • No maximum equity.
  • Leverage between 1:1 up to 1:400.
  • Fixed spreads that start from 1.8 pips.
  • Micro Lot trading from 0.01 lots.
  • The short margin of 10%.
  • The minimum volume of 10,000 units on forex.
  • Ability to use hedging.

 

  • MetaTrader 5 Standard-Floating Account

The IFC Markets MetaTrader 5 Standard-Floating Account offers forex traders with tight and floating spreads. This Account has the following features:

  • USD, EUR, or JPY as the base account currency.
  • An initial deposit of 1,000 USD, EUR, or 100,000 JPY.
  • No maximum equity.
  • Leverage between 1:1 up to 1:200.
  • Floating spreads from 0.4 pips.
  • The short margin of 10%.
  • The minimum trade volume of 0.1 lots.
  • Access to Market Newsline.
  • Ability to use hedging and/or netting.
  • MetaTrader 5 Micro-Floating Account

The IFC MetaTrader 5 Micro-Floating Account offers beginner forex traders and forex traders who want to test their strategies with a low-risk account. This Account has the following features:

  • USD, EUR, or JPY as the base account currency.
  • An initial deposit of 1 USD, EUR, or 100 JPY.
  • Maximum equity of 5,000 USD, EUR, or 500,000 JPY.
  • Leverage between 1:1 up to 1:400.
  • Floating spreads from 0.4 pips.
  • The short margin of 10%.
  • The minimum trade volume of 0.01 lots.
  • Access to Market Newsline.
  • Ability to use hedging and/or netting.
  • MetaTrader 5 Demo-Floating Account

The IFC Markets MetaTrader 5 Demo-Floating Account offers forex traders with a mirrored account type with the same conditions and features as its live counterparts. This Account has the following features:

  • USD, EUR, or JPY as the base account currency.
  • Leverage between 1:1 up to 1:400.
  • Floating spreads from 0.4 pips.
  • The short margin of 10%.
  • The minimum trade volume of 0.01 lots.
  • Ability to use hedging and/or netting.
  • Islamic Account

Islamic Accounts are special accounts that are exempted from swap charges when forex traders transfer their position to the next session. The Islamic Account option is offered only to Muslim forex traders who follow the Sharia Law, which prohibits transactions that have certain interest for loans of money.

To request an Islamic Account conversion, Muslim forex traders can register a live account and complete the request form offered under the “Islamic Account” section.

Muslim forex traders who use this account must note the following:

  • There are no additional charges to offset the absence of overnight fees.
  • Islamic status will be assigned to all the accounts that the trader holds, both existing and subsequent accounts.
  • If the trading account is converted to an Islamic Account, forex traders will not be able to retrieve their non-Islamic Account as the process is irreversible.
  • IFC Markets reserves the right to either credit/debit swaps that were credited to the initial trading account before it was converted.
  • Where improper use of special conditions of the Islamic Account is noticed, IFC Markets reserves the right to cancel the Islamic status and to credit/debit swaps for the corresponding period.

How to Withdraw Money from IFC Markets?

To withdraw money from IFC Markets, the following should be done:

  • Forex traders can visit the official IFC Markets website, hover over “Trading” and select “Withdraw”.
  • Forex traders can select their preferred payment method and click on “Withdrawal”.
  • Forex traders will be taken to the request form where they must provide the relevant details to proceed with the withdrawal.
  • Alternatively, forex traders can log into their ICM platform to process withdrawals.
  • Forex traders must note that when requesting a withdrawal, the source which was used with the initial deposit will be used first to return funds.

How many days do deposits take with IFC Markets?

This will depend on the deposit method that the trader used when they deposited funds with IFC Markets. Some payment methods such as Debit/Credit Cards and electronic payments are instant while others, such as bank wire, take up to several days to process.

What are the costs and fees with IFC Markets?

There are three types of trading costs with IFC Markets namely spreads, swap fees, and margin requirements. 

The spread is the difference between the bid/ask price which is expressed in pips. IFC Markets offers both fixed and floating spreads. Swap fees are charged according to the instrument and the swap rates as indicated, depending on whether forex traders have a long/short position.

The margin requirement is the percentage fee that IFC Markets requires at the start of the trade as collateral for the trade.

What are the Trading Fees with IFC Markets?

The Forex Trading Fees with IFC Markets are below. 

NetTradeX Standard-Fixed and Floating Account

  1. Fixed Spreads from 1.8 pips.
  2. Floating Spreads from 0.4 pips.
  3. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  4. Margin requirement on leverage up to 1:200: 0.5%.
  5. The margin requirement on leverage up to 1:100: 1%.
  6. The margin requirement on leverage up to 1:50: 2%.

NetTradeX Beginner-Fixed and Floating Account

  1. Fixed Spreads from 1.8 pips.
  2. Floating Spreads from 0.4 pips.
  3. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  4. The margin requirement on leverage up to 1:400: 0.25%.
  5. Margin requirement on leverage up to 1:200: 0.5%.
  6. The margin requirement on leverage up to 1:100: 1%.
  7. The margin requirement on leverage up to 1:50: 2%.

MetaTrader 4 Standard-Fixed Account

  1. Fixed Spreads from 1.8 pips.
  2. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  3. Margin requirement on leverage up to 1:200: 0.5%.
  4. The margin requirement on leverage up to 1:100: 1%.
  5. The margin requirement on leverage up to 1:50: 2%.

MetaTrader 4 Micro-Fixed Account

  1. Fixed Spreads from 1.8 pips.
  2. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  3. The margin requirement on leverage up to 1:400: 0.25%.
  4. Margin requirement on leverage up to 1:200: 0.5%.
  5. The margin requirement on leverage up to 1:100: 1%.
  6. The margin requirement on leverage up to 1:50: 2%.

MetaTrader 5 Standard-Floating Account

  1. Floating Spreads from 0.4 pips.
  2. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  3. Margin requirement on leverage up to 1:200: 0.5%.
  4. The margin requirement on leverage up to 1:100: 1%.
  5. The margin requirement on leverage up to 1:50: 2%.

MetaTrader 5 Micro-Floating Account

  1. Floating Spreads from 0.4 pips.
  2. Long swap of -0.53 and short swap of -0.09 pips on EUR/USD.
  3. The margin requirement on leverage up to 1:400: 0.25%.
  4. Margin requirement on leverage up to 1:200: 0.5%.
  5. The margin requirement on leverage up to 1:100: 1%.
  6. The margin requirement on leverage up to 1:50: 2%.

What is the minimum deposit in IFC Markets?

The official website indicates that a minimum required deposit amount of 1 USD is needed to start trading with IFC Markets.

What are the contract specifications in IFC Markets?

Feature IFC Markets
Forex Trading Yes
CFDs 100+
Forex Pairs 40+
Cryptocurrency (Physical) 0
Cryptocurrency (CFD) 1
Social Trading  No

Does IFC Markets have promotional offers?

No, IFC Markets does not have promotional offers.

The official IFC Markets website does not offer any insight on past, current, or planned promotions.

Does IFC Markets have a welcome bonus?

No, IFC Markets does not have a welcome bonus.

Does IFC Markets have a deposit bonus?

No, IFC Markets does not have a deposit bonus.

Is there a commission-free trade bonus in IFC Markets?

No, IFC Markets does not offer forex traders a commission-free trade bonus.  

Is there a VIP bonus in IFC Markets?

No, IFC Markets does not offer forex traders a VIP bonus.

Can you start trading with no money at IFC Markets?

No, you cannot start trading with no money at IFC Markets. There is a minimum deposit of 1 USD, EUR, or 100 JPY when registering an account with IFC Markets.

How does leverage work with IFC Markets?

Leverage is a tool that allows forex traders to trade larger volumes than they would have been able to when using their limited amount of capital. IFC Markets offers a maximum of 1:400 leverage, meaning that the trader’s initial deposit can be multiplied by 400.

However, there are some conditions involved with leverage and these relate to the account type and the initial deposit of the trader. These conditions are:

  • Beginner (NetTradeX) and Micro Accounts (MetaTrader 4 and 5) – Maximum leverage up to 1:400.
  • Standard Accounts with a deposit of fewer than 50,000 USD, EUR, or 5,000,000 JPY – 1:200.
  • Standard Accounts with a deposit of 50,000 – 100,000 USD, EUR, or 5,000,000 to 10,000,000 JPY – 1:100.
  • Standard Accounts with a deposit of 100,000 USD, EUR, or 10,000,000 JPY and more – 1:50.

Where are the headquarters of IFC Markets?

IFC Markets is headquartered in Tortola, British Virgin Islands.

Who is IFC Markets’ CEO?

The CEO of IFC Markets is Aghasi Vardanyan who has held the position since June 2016. Aghasi Vardanyan graduated from Yerevan State University in 2004 with his master’s degree in Geochemistry and Petrology. He also has his license in CDPSE, Lead Auditor, and CISA.

What are the social media accounts of IFC Markets?

Forex traders can follow IFC Markets on the following social media accounts:

  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • YouTube
  • Telegram

How many employees work for IFC Markets?

According to official sources, IFC Markets has between 500 and 1,000 employees.

What are the opinions about IFC Markets?

IFC Markets is widely regarded as a reputable and trusted broker that offers comprehensive trading solutions. IFC Markets is well-known for the flexible trading accounts that it offers along with providing forex traders with innovative trading solutions and trading technology, ensuring that they can add a competitive edge to their trading.

What are IFC Markets Contests?

IFC Markets does not run any contests.

The official IFC Markets website does not indicate any past, present, or future contests.

Does IFC Markets have online support?

Yes, IFC Markets offers online support to forex traders through a variety of venues including a Live Chat Option on the website, Skype, Facebook Messenger, Telegram, WhatsApp, and Call Back. IFC Markets offers online support 24 hours a day, 5 days a week in more than 18 languages.

Does IFC Markets offer demo accounts for Forex trading?

Yes, IFC Markets offers a free demo account for all new forex traders. The demo account can be opened with the following steps:

  1. Forex traders can navigate to the official IFC Markets website and select “Open Account” from the homepage.
  2. Forex traders must provide their first and last name, email address, password, country of residence, and their mobile number before selecting “Register”.
  3. Forex traders must go to their inbox for the verification email and click the embedded link to confirm their email address.
  4. Forex traders will be redirected to the IFC Markets website and they can select “Demo Account” followed by selecting their trading platform, leverage, initial virtual balance, and account currency before selecting “Open Account”.
  5. Forex traders will receive their demo account login credentials and the link to download their trading platform. Alternatively, forex traders can also make use of the WebTrader.

Does IFC Markets have a mobile app for Forex trading?

Yes, IFC Markets has a mobile app for forex trading.

The NetTradeX trading platform is available to download on various mobile devices including iOS, Android, Windows, and Windows Phone, and can be used with an IFC Markets account. With NetTradeX, forex traders have access to a large variety of instruments, fast trade executions, portfolio trading, and the ability to order any volume.

Does IFC Markets publish an economic calendar?

IFC Markets publishes an economic calendar on its official website.

An economic calendar is an important tool to each trader as it provides an indication of upcoming events and subsequent changes in the financial markets. The economic calendar covers a broad spectrum of information regarding inflation rates, retail sales, trade balances, real estate indexes, and several others.

What is the communication information of IFC Markets?

IFC Markets has three main telephone numbers, one main business address, and two additional business addresses for its other offices.

IFC Markets can be contacted telephonically on the following:

Great Britain: +44 203 966 1649

Canada: +161 368 64362

Trading Desk: +44 20 8123 1920

IFC Markets’ main business address is Quijano Chambers, Road Town, Tortola, British Virgin Islands.

IFC Markets’ additional addresses are as follows:

Cyprus: 38, Spyrou Kyprianou Street, Office 101 – 102, Germasogeya, 4043, Limassol, Cyprus.

Malaysia: Villa, Lot U0965, Jalan Jumidar, Buyong, 87000 FT Labuan, Malaysia.