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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

IFC Markets

Cyprus | 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 5.86
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 5.86
Surpassed 50.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2039661649
info@ifcmarkets.com
https://www.ifcmarkets.com/
38, Spyrou Kyprianou street, office 101-102 Germasogeia, 4042, Limassol, Cyprus
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-06-15
  • 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
Cyprus
Operating Period
5-10 years
Company Name
IFCM CYPRUS LIMITED
Abbreviation
IFC Markets
Company employee
--
Customer Service Email Address
support@ifcmarkets.com
Contact Number
+442039661649
Company address
38, Spyrou Kyprianou street, office 101-102 Germasogeia, 4042, 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
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Website

Most visited countries/areas
Turkey
South Africa
ifcmfx.com
172.67.189.92
ifcm.co.uk
172.67.156.40
fxifcm.asia
172.67.132.236
ifcmarkets.ae
172.67.216.80
ifctr.asia
172.67.174.25
ifcmarkets.com.br
172.67.159.106
View More

Company Summary

IFC Markets Review Summary
Registered On2005
Registered Country/RegionCyprus
RegulationLFSA (Regulated), FSC (Offshore), FSCA (Exceeded), CYSEC (Revoked)
Market InstrumentsForex, stocks, futures, precious metals, cryptocurrencies, ETFs, indices, and commodities
Demo Account
LeverageUp to 1:400
SpreadFixed (from 1.8 pips)
Floating (from 0.4 pips)
ECN (from 0.0 pip)
Trading PlatformMT4/MT5, and NetTradeX
Minimum Deposit1 USD
Customer Supportsupport@ifcmarkets.com
+442039661649/+447723581740 (Great Britain)
+16136864362 (Canada)
+27213002005 (South Africa)
Facebook, Instagram, Twitter, LinkedIn, YouTube, Telegram, Live Chat, and 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
RegulatedExceeded and revoked licenses
Over 650 trading instrumentsFees charged
Flexible account types
MetaTrader 4/5 available
Multiple payment methods
Low minimum deposit of $1
Promotions offered

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
assets

Account Type

The platform 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
Leverage1:1 - 1:2001:1 - 1:4001:1 - 1:400
SpreadFixed from 1.8 pipsFloating: from 0.4 pipsFixed from 1.8 pipsFloating: from 0.4 pipsFixed from 1.8 pipsFloating: from 0.4 pips
Minimum Deposit1000 USD | 1000 EUR | 100000 JPY1 USD | 1 EUR | 100 JPY0

MT4

StandardMicroDemoPAMM
Leverage1:1 - 1:2001:1 - 1:4001:1 - 1:4001:1 - 1:200
SpreadFixed from 1.8 pipsFixed from 1.8 pipsFixed from 1.8 pipsFixed from 1.8 pips
Minimum Deposit1000 USD | 1000 EUR | 100000 JPY1 USD | 1 EUR | 100 JPY0100 USD

MT5

StandardMicroDemoPAMMStandard-ECNDemo-ECN
Leverage1:1 - 1:2001:1 - 1:4001:1 - 1:4001:1 - 1:2001:1 - 1:2001:1 - 1:200
SpreadFloating: from 0.4 pipsFloating: from 0.4 pipsFloating: from 0.4 pipsFloating: from 0.4 pipsFrom 0.1 pipsFrom 0.1 pips
Minimum Deposit1000 USD | 1000 EUR | 100000 JPY1 USD | 1 EUR | 100 JPY0100 USD | 100 EUR | 10000 JPY1000 USD | 1000 EUR | 100000 JPY0

IFC Markets Fees

Spread costs:

Fixed spread accounts: From 1.8 pips (e.g., MT4 Standard-Fixed).

Floating spread accounts: From 0.4 pips (e.g., MT5 Standard-Floating).

ECN accounts: From 0.1 pips.

Leverage

The platform offers a maximum leverage of 1:400 (e.g., MT4 Micro-Fixed account), suitable for experienced traders with a high risk tolerance.

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 MethodProcessing TimeMinimum DepositDeposit Fee
International Bank Transfer2-3 working days$100 / €100Your bank's fee
Bank cardsInstantly$100 / €100 / ¥10,000None
Mobile Money/M-PesaInstantly$5 / €5None
African Local BankInstantly$5 / €5None
Crypto CurrenciesInstantly$20 / €20 / ¥2,000 / 800 uBTCNone
VSHARG5-30 minutes$10 / €10 / ¥1,500 / 100 uBTCNone
IRPAY5-10 minutes$10 / €10 / ¥1,500 / 100 uBTCNone
TopChangeInstantly$1None
BitwalletInstantly$10 / €10 / ¥1,000None
WebMoneyInstantly$120%
ADVCashInstantly$1 / €1None
Domestic TransferWithin 1 hour$20 / €20None
Withdrawal MethodProcessing TimeMinimum WithdrawalWithdrawal Fee
Bank Transfer (Wire Transfer)2-3 working days$50 / €50Your bank's fee + £20
Bank Card1-5 business days$10 / €10 / ¥5,000Varies
VSHARGUp to 1 working day$10 / €10 / ¥1,500 / 100 uBTCNone
IRPAYUp to 1 working day$10 / €10 / ¥1,500 / 100 uBTCNone
TopChangeSeveral minutes$12%
BitwalletSeveral minutes$1 / €1 / ¥100¥100 per transaction + ¥824 (bank transfer)
WebMoneySeveral minutes$10.8% (max $50)
Crypto Currencies< 1 working day$20 / €20 / ¥2,000 / 800 uBTCVaries
ADVCashA few minutes$1 / €10.5%
Mobile Money / M-Pesa< 1 working day$5 / €5$1-$2 / €1-€2
African Local Bank< 1 working day$5 / €5$1-$2 / €1-€2
Domestic Transfer< 1 working day$10 / €101.8% - 3.5%
Internal Transfer (Own Accounts)Several minutes$1 / €1 / ¥100 / 50 uBTCNone
Other Payment SystemsSeveral minutes-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

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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※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com