Introduction
IFCMarkets.com is an online broker that offers Forex and CFD trading. It was founded in 2006 and is headquartered in Belize. IFCMarkets.com is regulated by the International Financial Services Commission of Belize. The company provides two platforms for trading: MetaTrader 4 and NetTradeX. IFCMarkets.com offers over 50 currency pairs, metals, energies, indices, and cryptocurrencies for trading. In this review, we will take a look at the pros and cons of IFCMarkets.com as well as what other traders have said about the broker.
What is IFCMarkets.com?
IFCMarkets.com is an online trading platform that offers a wide range of financial instruments, including Forex, CFDs, and metals. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). IFCMarkets.com provides its clients with a user-friendly trading platform, competitive prices, and 24/5 customer support.
IFCMarkets.com Pros
IFCMarkets.com is a reliable, safe and secure online trading platform that offers a wide range of features and resources to help traders make the most of their trading experience. The platform is easy to use and navigate, making it a great choice for both experienced and beginner traders. There are a number of IFCMarkets.com pros that make it an attractive option for online traders:
– IFCMarkets.com offers a demo account so traders can try out the platform before committing to live trading.
– The platform provides access to a wide range of markets, including forex, CFDs, indices, metals and energies.
– IFCMarkets.com offers competitive spreads and leverage options, making it a cost-effective option for trading.
– The customer support team is available 24/5 to assist traders with any queries or issues they may have.
– IFCMarkets.com is regulated by CySEC, ensuring that traders’ funds are safe and protected.
IFCMarkets.com Cons
We dug deep and compiled a list of IFCMarkets.com cons that we think our readers should know about.
IFCMarkets.com is not a transparent broker. There is no information on their website about who owns or runs the company. This lack of transparency is a huge red flag for us.
The broker offers a very limited number of tradable assets, only 38 CFDs and forex pairs. This is a very small selection compared to other brokers who offer hundreds or even thousands of tradable assets.
IFCMarkets.com uses an proprietary trading platform that is not available for download or use on mobile devices. This makes it difficult to trade on the go or with third-party trading platforms and software.
The broker charges high spreads on all of their tradable assets, which can eat into your profits quickly. They also charge high commissions on CFD trades, up to $25 per trade. These high fees make it difficult to make profitable trades with IFCMarkets.com.
IFCMarkets.com Traders Ratings
IFCMarkets.com has some of the highest trader ratings in the industry. In fact, they are one of the only companies to receive an A+ from the Better Business Bureau. They have been in business since 2004 and offer a variety of features that make them a top choice for online traders.
One of the things that makes IFCMarkets.com so popular is their low commissions. They also offer a variety of account types to choose from, which is ideal for both beginner and experienced traders. Their customer service is excellent, and they offer 24/7 support via chat, phone, and email. Overall, IFCMarkets.com is a great choice for online traders looking for a reliable and affordable broker.
Conclusion
Overall, IFCMarkets.com is a reliable and user-friendly trading platform that offers a wide range of features and tools for both beginner and experienced traders. The company is also regulated by multiple financial authorities, which adds to its credibility. However, it’s important to keep in mind that IFC Markets doesn’t offer any MetaTrader products, so if you’re looking for that specific software, you’ll need to look elsewhere.