Comparison of IC Markets and IFC Markets
Feature | IC Markets | IFC Markets |
---|---|---|
Broker | ||
Year Founded | 2007 | 2006 |
Broker Type | ECN, DMA | MM |
Dealing | A-book | B-book |
Execution | Market | Instant, Market |
Regulation | SFSA, ASIC, CySEC, CMA | BVIFSC, LFSA, CySEC |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), NetTradeX |
Spread | ⬊ Low | ⮕ Average |
Maximum Leverage | 1:500 | 1:400 |
Minimum Deposit | $200 | $1 |
Base Currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD | USD, EUR, JPY, BTC |
Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay | Bank Wire, Credit Card, Debit Card, Webmoney, Volet.com, Perfect Money, Bitcoin (BTC), Tether (USDT), Ethereum (ETH) |
Inactivity Fee | ✖ | ✖ |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | ✖ |
Investor Protection | Investor Compensation Fund (ICF) | Investor Compensation Fund (ICF) |
Protection Size | €20 000 | €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✔ | ✖ |
Copy Trading | ✔ | ✖ |
VPS | ✔ | ✖ |
MAM/PAMM | ✖ | ✔ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✔ |
Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities, Cryptocurrencies |
Review | IC Markets Review | IFC Markets Review |
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
About IFC Markets
IFC Markets is a globally recognized forex and CFD broker renowned for its commitment to providing a secure and user-friendly trading environment. Established with a focus on transparency and regulatory compliance, IFC Markets offers a diverse range of trading instruments, including major and exotic currency pairs, commodities, indices, and cryptocurrencies. Traders can access the platform through popular interfaces like MetaTrader 4, MetaTrader 5, and the proprietary NetTradeX, catering to both novice and experienced investors. With competitive spreads, flexible leverage options, and a suite of educational resources, IFC Markets strives to empower traders with the tools and knowledge necessary to navigate the dynamic financial markets effectively.
Pros
- Licensed and regulated by reputable financial authorities
- Offers a wide array of assets
- Access to MetaTrader 4, MetaTrader 5, and a proprietary trading paltform
- Comprehensive educational materials
- Responsive and multilingual customer service available through various channels
Cons
- Services may not be available in certain countries due to regulatory limitations
- High swaps
IC Markets & IFC Markets Regulation
Feature | IC Markets | IFC Markets |
---|---|---|
Companies | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited | IFCMARKETS CORP, IFC MARKETS LIMITED, IFCM Cyprus Ltd |
Countries | Seychelles, Australia, Cyprus, Kenya | British Virgin Islands, Malaysia, Cyprus |
Regulators | SFSA, ASIC, CySEC, CMA | BVIFSC, LFSA, CySEC |
Investor Protection | Investor Compensation Fund (ICF) | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | IC Markets | IFC Markets |
---|---|---|
Market Maker Account | ||
Account Name | — | Standard Floating |
Min Deposit | — | $1000 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 0.4 |
Fee | — | No |
Max Leverage | — | 1:200 |
Stop Out | — | 10% |
Margin Call | — | 100% |
ECN Account | ||
Account Name | Standard | ECN |
Min Deposit | $200 | $1000 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0.6 | 0 |
Fee | No | $10 per 1 lot |
Max Leverage | 1:500 | 1:200 |
Stop Out | 50% | 10% |
Margin Call | 100% | 100% |
Zero Account | ||
Account Name | Raw Spread | — |
Min Deposit | $200 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0 | — |
Fee | $7 per 1 lot | — |
Max Leverage | 1:500 | — |
Stop Out | 50% | — |
Margin Call | 100% | — |
Fix Spread Account | ||
Account Name | — | Standard Fixed |
Min Deposit | — | $1000 |
Lot Size | — | 0.01 |
Spread Type | — | Fixed |
Execution | — | Instant |
Min Spread | — | 1.8 |
Fee | — | No |
Max Leverage | — | 1:200 |
Stop Out | — | 10% |
Margin Call | — | 100% |
Cent Account | ||
Account Name | — | Micro |
Min Deposit | — | $1 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Instant |
Min Spread | — | 0.4 |
Fee | — | No |
Max Leverage | — | 1:400 |
Stop Out | — | 10% |
Margin Call | — | 100% |
Crypto Account | ||
Account Name | — | Standard Crypto |
Min Deposit | — | $1000 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 0.4 |
Fee | — | No |
Max Leverage | — | 1:200 |
Stop Out | — | 10% |
Margin Call | — | 100% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | IC Markets | IFC Markets |
---|---|---|
Base currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD | USD, EUR, JPY, BTC |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay | Bank Wire, Credit Card, Debit Card, Webmoney, Volet.com, Perfect Money, Bitcoin (BTC), Tether (USDT), Ethereum (ETH) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
Feature | IC Markets | IFC Markets |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), NetTradeX |
Execution Speed | 40 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
Asset | IC Markets | IFC Markets |
---|---|---|
Currencies | 61 | 53 |
Indices | 25 | 12 |
Stocks | 2175 | 461 |
Cryptocurrencies | 21 | 14 |
Bonds | 10 | 0 |
Metals | 7 | 7 |
Energies | 5 | 4 |
Soft Commodities | 8 | 16 |
ETFs | 38 | 4 |
Education and Analytics
Feature | IC Markets | IFC Markets |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
Contact | IC Markets | IFC Markets |
---|---|---|
Email | support@icmarkets.com | support@ifcmarkets.com |
Phone | +2484671976 | +442039661649 |
Telegram | — | Telegram |
Facebook | — | |
LinkedIn | ||
YouTube | — | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing IC Markets and IFC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.