A Complete Review of IFC Markets
The IFCM Group’s trademark, IFC markets, is a monetary firm that is good in handling brokerage facilities for spot forex. They are also handling CFDs for supplies, equities as well as indices. They are registered in the British Virgin Islands, and their goal is to give the traders complete access to superior trading services at a lower spread. This is even if there is a trading volume. The business model is well established with their clienteles & they aim to give value and a very satisfying trading experience for the traders.
This IFC Markets Review shows that IFC Markets forex broker is a safe and regulated broker that offers stable platforms and fast execution. NetTradeX platform is an excellent advantage for IFC Markets because it is a unique platform that this broker offers.
IFC Markets represents one of the rare brokers that offer Perfect Money as a deposit and withdrawal option. Additionally, you can use credit cards, wire transfers,s and cryptos as payment methods.
Below you can see my IFC Markets dashboard:
IFC Markets Features
The IFC market usually comes with some of the best and finest features that will make trading more special with the use of the following:
1. The famous MT4 platform is obtainable on PC, MAC, and mobile handsets too.
2. NetTradeX is easy to use platform that comes with a wide range of feature important features important for forex trading as well as technical analysis that includes limitless trading capacities, live dealings with any of the trading tools available along with access to different charts, comprehensive history of the accounts and others. This platform can be used in PCs and mobiles.
3. The IFC markets sustain different languages that include English, French, Japanese, Arabic, Zech, Hindi, Vietnamese, and others.
4. Forex leverages of more than 1 for 400.
5. There are 3 various kinds of accounts that include the newbie, micro, and standard accounts.
IFC Markets Accounts
The IFC markets offer the said type of trading accounts to all of its clients, the beginner NetTradeX, Standard NexTradeX, Standard MT4, and the micro MT4. When you open a starter or the micro account, there will be a deposit amount required of you, and that ranges from $1-$300. The leverage being offered for the said accounts is 1 in every 400. Opening a standard account on NetTradeX and MetaTrader4 mandates you to have a primary deposit of around $1,000 while the leverage is offered up to 1:500 (basic 1:400).
IFC Market’s real account can be opened from $1 up to unlimited funds, with high leverage 1:400 and high security.
The traders may open an account in various currencies like the Japanese yen, Euro, and US dollars when the impartiality of the starter account or micro account reaches the maximum level allowed amounting to $5,000 or more than it. The introductory of the new slots will be stopped automatically. Going on with the trading, the client must alter the account kind to the standard type of even withdraw the excess funds to lessen the impartiality to just $3,000. The demo account is also available for any accounts. The clients coming to the Islamic religion may also open an Islamic trading account where the swaps will be computed.
IFC Markets Trading platforms
This is about the trading logical station. It is software that is meant for traders. It is an online currency and CFD trading platform that can do trading operations for both forex and CFD marketplaces. This platform can make personal compound instruments using the GeWorko method, a very groundbreaking approach to portfolio trading. The terminal also gives a wide option with more than forty currency pairs & around 100 index CFDs to trade along with equity and a commodity. They have the beginner and the standard account.
The MetaTrader 4 is also known as the MT4, which is spot forex with the CFDs trading industry, which is the most famous platform. The platform is also good to give traders a wide range of practical tools to give the top of line analysis for trading operations. More so, traders have the choice to customize the trading platform or automated trading. They have the micro and the standard account.
Commission and spreads
Just like any other brokers, the IFC markets don’t charge commissions for the trading services. As an alternative, they also charge a spread more than the IFC markets’ live rates collect from the liquidity. The level of spread amount will rest on the strength that is being traded.
For the IFC markets, dependable customer service is just among the essential supports for a victorious business. This is why they want to make sure that the traders can actually influence the support care group, which is open 24 hours daily. More so, they also give provision to individuals from 12 different nations. The service may be available through a callback, email, skype, phone call, and a live chat system.
IFC Markets Security and reputation
In terms of dependability, they are also listed under the BVI FSC, which means that they secure the traders’ lawful benefits. To prevent the traders from worrying about money matters, they have provided some internationally accepted modes of transferring money, withdrawals, and deposits. They have accredited wire transfer companies, credit and debit cards, western union, and WebMoney.
GeWorko Method is an innovation in financial markets, which has taken portfolio trading to a completely new level. With this method, investors have a unique opportunity of creating their own personal composite instruments from a variety of assets offered:
IFC Markets Education
The clients of the IFC markets are given some educational materials meant for the financial markets. They are also given a market overview regularly. The market analysis is every week, and it often comes in video form. In contrast, the market sentiment, market data, and technical analysis comes with price history &live chats. More so, there are added stylistic articles on various topics, including a new series on Portfolio trading and one on the spread.
The benefits of the IFC Markets
The clients can reach the IFC markets using live chat, toll-free numbers, and emails. The multilingual customer services allow them to attend the clients from various parts of the globe in a more efficient manner. The traders can easily access the site and call the customer for help 24/5. There is a free demo account that is good for newbie traders and for those who cannot risk real money for trading yet. They also offer access to streaming newsflash along with traders that give email alerts.