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/10
The WikiFX Score of this broker is reduced because of too many complaints!

IFC Markets

The Virgin Islands | 5-10 years |
Regulated in Malaysia | Straight Through Processing (STP) | MT4 Full License | Global Business | Cyprus Common Financial Service License Revoked | Suspicious Overrun | High potential risk | Offshore Regulated

https://www.ifcmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

IFCMarketsLtd-Demo

Netherlands
MT4
256

Influence

A

Influence index NO.1

United States 5.56
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

256
Server Name
IFCMarketsLtd-Demo MT4
Server Location Netherlands

Influence

Influence

A

Influence index NO.1

United States 5.56
Surpassed 50.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2039661649
info@ifcmarkets.com
https://www.ifcmarkets.com/
'AGP Chambers', 84 Spyrou Kyprianou Avenue, 4004 Limassol, Cyprus
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-07-27
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
6

Basic Information

Registered Region
The Virgin Islands
Operating Period
5-10 years
Company Name
IFCMARKETS. CORP.
Abbreviation
IFC Markets
Company employee
--
Customer Service Email Address
support@ifcmarkets.com
Contact Number
+442039661649
Company address
'AGP Chambers', 84 Spyrou Kyprianou Avenue, 4004 Limassol, Cyprus

abdalslam Ibrahim

Unverified

Lebanon

ok no withdrawal not

Exposure

2023-03-03

安哥的影子

Unverified

Hong Kong

I have been using this platform for nearly 6 years. Although the delay has been fixed for more than 3 seconds, but I don’t trade much, I deposit and withdraw funds occasionally, and use it as a stock hedging. I lost a total of 30,000 US dollars on this platform, and it doesn’t matter if I lose. Recently, I used EA to place orders with friends. I only traded once every 20-30 minutes, and I got a few thousand dollars back. Last week, 2 accounts closed with more than $10,000. Yesterday Monday night, I found out that the funds in my account were applied for withdrawal. A total of $11,100, and now there are only a few thousand left. I checked the records and asked about customer service. He said that the funds were withdrawn to the BTC wallet, but I clearly did not apply for deposits in BTC or other digital currencies before, and I did not accept the withdrawal of funds in this way. They just said my member center password, they didn't give me the record IP of the application, they just said it was a different country. I have 100,000 doubts in my heart, why would someone withdraw money from my account if I recover a little bit? Why did the platform process the withdrawal application without confirming the wallet address? Emailed them CS, but still no reply ‧ Even if the password was stolen, reset should be fine, now they suspended my login and didn't send me daily transaction records. I am very concerned about the safety of my funds.

Exposure

2022-04-19

Talal baig66941

Unverified

Pakistan

I am opening this case against IFCMarkets Broker I opened a live account with this broker and funded my account via webmoney with the amount of 2000$ (13th Jan 2021 ) and I also received 600$ bonus after only 12 hours I found out that my account has been blocked and I received an email that my account has been closed because of Arbitrage !!!! the note is that I did not open any trade on my account at all !!!! the most important note in this case is that IFCMarkets blocked.

Exposure

2021-09-29

LaLa123

Unverified

Netherlands

It offers three types of accounts for traders to choose from. I opted for the Premium account because it has larger leverage, which allows me to gain larger profits with less capital. As the saying goes, one must take risks for substantial rewards.

Positive

2023-12-13

FX1286573346

Unverified

South Africa

I am trading with IFC Markets for quite a long time and I recommend this broker. Never had major issues. Everything works fast and smooth.

Neutral

2023-02-24

FX1122377873

Unverified

Nigeria

Official website is simple to use, the trading software is fantastic, and the interface and installation are breezes. All content available in numerous languages, and the customer service is excellent.

Positive

2022-12-10

gustavo_fring

Unverified

Malaysia

I opened a live account with this broker and funded my account via WebMoney with an amount of $2,000, and then I received a $600 bonus. After only 12 hours, I found out that my account had been blocked and received an email claiming that my account had been closed because of Arbitrage! But I did not open any trade on my account at all. The most important note, in this case, is that the Broker blocked my whole balance and they did not allow me to withdraw my initial deposit ($2,000). They referred me to section 5.2 of the client agreement and claimed that they had the right to block my account, ALL of my balance, and even my INITIAL DEPOSIT! I really can not understand what is going on here...I even did not open any trade on my account. This clearly is a SCAM!!!

Exposure

2021-09-14

FX1828126555

Unverified

Nigeria

I deposited 62,888 BUT THEY HAVE DIS ACTIVATE MY ACCOUNT I CANT DO ANY THING WITH IT DONT INSVEST WITH THEM.

Exposure

2021-09-14

Andy loh

Unverified

Malaysia

I am opening this case against IFCMarkets BrokerI opened a live account with this broker and funded my account via webmoneywith the amount of 2000$ and I also received 600$ bonusafter only 12 hours I found out that IFCMarkets blocked my whole balance andthey are not allowing my to make withdrawal my Initial deposit ( 2000$ )

Exposure

2021-09-13

gustavo_fring

Unverified

Malaysia

I opened a live account with this broker and funded my account via WebMoney with an amount of $2,000 , and then I received a $600 bonus. After only 12 hours, I found out that my account had been blocked and received an email claiming that my account had been closed because of Arbitrage! But I did not open any trade on my account at all. The most important note, in this case, is that the broker has blocked my whole balance and they did not allow me to withdraw my initial deposit ($2,000). They referred me to section 5.2 of the client agreement and claimed that they had the right to block my account, ALL of my balance, and even my INITIAL DEPOSIT! I really can not understand what is going on here...I even did not open any trade on my account. This clearly is a SCAM!!!

Exposure

2021-09-02

Hà Đào Hiếu

Unverified

Japan

Stupid

Exposure

2020-08-01

11
Account
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Sources
Language
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Creatives

Website

Most visited countries/areas
Turkey
South Africa
irifcm.asia
104.26.11.98
ifcmtrade.com
104.21.32.1
tradeifcm.asia
172.67.196.7
ifcmiran.asia
104.21.53.10
ifcmtz.com
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Company Summary

IFC Markets Review Summary
Registered On2005
Registered Country/RegionCyprus
RegulationLFSA, FSC (Offshore Regulated), FSCA (Exceeded), CYSEC (Revoked)
Market InstrumentsForex, stocks, futures, precious metals, cryptocurrencies, ETFs, indices, and commodities
Demo Account
Leverage1:1-1:400
SpreadFixed from 1.8 pips
Floating from 0.4 pips
ECN from 0.0 pips
Trading PlatformMT4, MT5, NetTradeX
Minimum Deposit1 USD
Customer SupportLive chat
Tel: +442039661649/+447723581740 (Great Britain); +16136864362 (Canada); +27213002005 (South Africa)
Email: support@ifcmarkets.com
Facebook, Instagram, Twitter, LinkedIn, YouTube, Telegram, WhatsApp
Address: 1-31 Yekmalyan Street, 0002 Yerevan, Armenia

IFC Markets Information

IFC Markets is an online trading platform. It offers over 650 CFDs (Contracts for Difference) and forex instruments across 8 categories, including stocks, cryptocurrencies, indices, and precious metals. With leverage of up to 1:400, flexible account types (MT4/MT5/NetTradeX), support for low spreads (as low as 0.0 pips), and diverse payment methods, it caters to both beginners and traders seeking low entry barriers.

IFC Markets Information

Pros and Cons

Pros Cons
Regulated by LFSAExceeded and revoked licenses
Over 650 trading instruments
Flexible account types
MetaTrader 4/5 available
Multiple payment methods
Low minimum deposit of $1
Promotions offered
Live chat support

Is IFC Markets Legit?

IFC Markets has basic compliance and holds a financial license issued by the BVI FSC (regulation number: SIBA/L/20/1133). In addition, LFSA regulates the broker with the license number MB/20/0049.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense Number
Labuan Financial Services Authority (LFSA)RegulatedMalaysiaStraight Through Processing (STP)MB/20/0049
British Virgin Islands Financial Services Commission (FSC)Offshore RegulatedThe Virgin IslandsRetail Forex LicenseSIBA/L/14/1073
Financial Sector Conduct Authority (FSCA)ExceededSouth AfricaFinancial Service Corporate51818
Cyprus Securities and Exchange Commission (CYSEC)RevokedCyprusCommon Financial Service License147/11
license
license
license
license

What Can I Trade on IFC Markets?

IFC Markets offers traders 8 categories of financial instruments, including over 650 CFD and forex, specifically gold instruments and CFDs on stocks, futures, precious metals, cryptocurrencies, ETFs, world indices, and commodities.

Tradable Instruments Supported
Forex
Precious Metals
Indices
Stocks
Cryptos
Commodities
Futures
ETFs
Bonds
Options
assets

Account Type & Leverage & Fees

IFC Markets offers three major series of accounts: MT4, MT5, and NetTradeX. Each account also provides a demo account for testing strategies. Additionally, some traders can choose Islamic swap-free accounts.

NetTradeX

StandardBeginnerDemo
Minimum Deposit1,000 USD/EUR, 100,000 JPY1 USD/EUR, 100 JPY0
Leverage1:1 - 1:2001:1 - 1:400
SpreadFixed from 1.8 pips
Floating: from 0.4 pips

MT4

StandardMicroDemoPAMM
Minimum Deposit1000 USD/EUR, 100,000 JPY1 USD/EUR, 100 JPY0100 USD
Leverage1:1 - 1:2001:1 - 1:4001:1 - 1:200
SpreadFixed from 1.8 pips

MT5

StandardMicroDemoPAMMStandard-ECNDemo-ECN
Minimum Deposit1000 USD/EUR, 100,000 JPY1 USD/EUR 100 JPY0100 USD/EUR, 10,000 JPY1000 USD/EUR, 100,000 JPY1000 USD/EUR, 100,000 JPY
Leverage1:1 - 1:2001:1 - 1:4001:1 - 1:200
SpreadFloating: from 0.4 pipsFrom 0.1 pips

Trading Platform

IFC Markets offers the popular MetaTrader 4 and 5, supporting all devices (PC, Web, Mac, iOS, Android), and providing EA automated trading, technical analysis tools, and multi-account management functions (such as MultiTerminal). The broker also provides its self-developed trading software NetTradeX, suitable for professional traders, with multi-device adaptation for Windows, iOS, and Android.

Trading PlatformSupported Available Devices Suitable for
MT4PC, Web, macOS, mobileBeginners
MT5PC, Web, macOS, mobileExperienced Traders
NetTradeXPC, mobile/
Trading Platform

Deposit and Withdrawal

Deposit MethodMinimum DepositDeposit FeeDeposit Time
International Bank Transfer$/€100Your bank's fee2-3 working days
Bank cards$/€100, ¥10,0000Instantly
Mobile Money/M-Pesa$/€5
African Local Bank
Crypto Currencies$/€20, ¥2,000, 800 uBTC
VSHARG$/€10, ¥1,500, 100 uBTC5-30 minutes
IRPAY5-10 minutes
TopChange$1Instantly
Bitwallet$/€10, ¥1,000
WebMoney$120%
ADVCash$/€10
Domestic Transfer$/€20Within 1 hour
Withdrawal MethodMinimum WithdrawalWithdrawal FeeWithdrawal Time
Bank Transfer (Wire Transfer)$/€50Your bank's fee + £202-3 working days
Bank Card$/€10, ¥5,000Varies1-5 business days
VSHARG$/€10, ¥1,500, 100 uBTC0Up to 1 working day
IRPAY
TopChange$12%Several minutes
Bitwallet$/€1, ¥100¥100 per transaction + ¥824 (bank transfer)
WebMoney$10.8% (max $50)
Crypto Currencies$/€20, ¥2,000, 800 uBTCVaries< 1 working day
ADVCash$/€10.50%A few minutes
Mobile Money / M-Pesa$/€5$/€1-2< 1 working day
African Local Bank
Domestic Transfer$/€101.8% - 3.5%
Internal Transfer (Own Accounts)$/€1, ¥100, 50 uBTCNoneSeveral minutes
Other Payment Systems-Depends on the system

Deposit and Withdrawal

Promotions & Contests

Foreign exchange promotions and competitions offer an annual interest rate of up to 7% on available margin. Past prizes have included Tesla cars, 5-ounce gold bars, and more.

Promotions & Contests

Keywords

  • 5-10 years
  • Regulated in Malaysia
  • Regulated in South Africa
  • Regulated in The Virgin Islands
  • Straight Through Processing (STP)
  • Financial Service Corporate
  • Retail Forex License
  • MT4 Full License
  • MT5 Full License
  • Self-developed
  • Global Business
  • Cyprus Common Financial Service License Revoked
  • Suspicious Overrun
  • High potential risk
  • Offshore Regulated

News

IFC Markets: The Broker With No License!!

Exposure IFC Markets: The Broker With No License!!

When evaluating a forex broker, regulatory status is one of the most important indicators of credibility and investor protection. In the case of IFC Markets, WikiFX’s findings raise several red flags that potential traders should carefully consider before engaging with this platform.

2025-07-09 17:08

Is IFC Markets Good for you? Read the Broker Review

Exposure Is IFC Markets Good for you? Read the Broker Review

IFC Markets is an online broker that provides clients with a wide range of financial instruments and trading services worldwide. The company offers various trading instruments, including currency pairs, commodities, indices, stocks, and cryptocurrencies through multiple trading platforms, including NetTradeX, MetaTrader 4, and MetaTrader 5.

2025-02-25 18:41

WIKIFX REPORT: IFC Markets adds four new Crypto Currency pairs

News WIKIFX REPORT: IFC Markets adds four new Crypto Currency pairs

IFC Markets allows clients to replenish instruments at any time, and traders all over the world can trade CFDs on the most prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XPR), with a broker 24 hours a day, 7 days a week. Traders can even design their own fake instruments using IFC Markets' GeWorko Portfolio Quoting Method.

2022-06-02 12:10

WikiFX report: List of financial instruments you can trade on IFC Markets

News WikiFX report: List of financial instruments you can trade on IFC Markets

What you can trade on IFC Markets? There are more than 1000 financial instruments you can access from one platform.

2022-04-22 15:30

#S-IBM Stock CFDs - Trading Suspended

News #S-IBM Stock CFDs - Trading Suspended

Due to corporate events related to the shares of International Business Machines Corporation, CFD trading on #S-IBM shares will be temporarily suspended from 4th Nov., 2021. All open positions for #S-IBM will be closed at the market closing price on 03/11/2021. In the future, trading will be allowed.

2021-11-11 16:58

User Reviews 11

All (11) Positive (2) Neutral (1) Exposure (8)
安哥的影子
3-5 years
Exposure
The money in my account is withdrawn by others
I have been using this platform for nearly 6 years. Although the delay has been fixed for more than 3 seconds, but I don’t trade much, I deposit and withdraw funds occasionally, and use it as a stock hedging. I lost a total of 30,000 US dollars on this platform, and it doesn’t matter if I lose. Recently, I used EA to place orders with friends. I only traded once every 20-30 minutes, and I got a few thousand dollars back. Last week, 2 accounts closed with more than $10,000. Yesterday Monday night, I found out that the funds in my account were applied for withdrawal. A total of $11,100, and now there are only a few thousand left. I checked the records and asked about customer service. He said that the funds were withdrawn to the BTC wallet, but I clearly did not apply for deposits in BTC or other digital currencies before, and I did not accept the withdrawal of funds in this way. They just said my member center password, they didn't give me the record IP of the application, they just said it was a different country. I have 100,000 doubts in my heart, why would someone withdraw money from my account if I recover a little bit? Why did the platform process the withdrawal application without confirming the wallet address? Emailed them CS, but still no reply ‧ Even if the password was stolen, reset should be fine, now they suspended my login and didn't send me daily transaction records. I am very concerned about the safety of my funds.
2022-04-19

Hong Kong

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