IFC Markets Corp.
Founded in 2006
Online since 2006
British Virgin Islands Financial Services Commission
In the world of online trading, finding a trustful broker can be a difficult task. Various platforms offer distinctive features and it's vital to understand what each one brings to the table before making a decision. Today, we will review one of the long-standing players in the world of online trading platforms: IFC Markets.
Founded in 2006, IFC Markets has been working reliably long enough to gain a solid trust among traders. The broker has maintained a well-respected reputation and an average rating of 8.5, showcasing their consistent performance and commitment to their clientele.
Firstly, one of the remarkable features of IFC Markets is the low barrier to entry. With a minimum account size of only $1, trading becomes accessible to everyone, regardless of their economic background. This is an attractive feature for beginners who might not want to risk large amounts of money while they are still learning the ropes.
Moreover, this platform has a minimum position size of 0.1, which means traders are not obliged to invest exceedingly high amounts, again making it desirable to novices or those who prefer to trade in smaller quantities.
Interestingly, IFC Markets has a high spread, which might imply higher costs for their traders. However, high spreads aren't always a negative depending on an individual's trading strategy and the assets being traded.
When it comes to regulation and safety, IFC Markets can be considered seriously regulated, providing a level of reliability that many traders require when investing their money online.
Furthermore, they provide a series of beneficial features to ensure their client's security. One of them is segregated accounts, meaning that the client's funds are kept separate from the company's funds, adding another layer of safety.
IFC Markets offers a couple of unique features that differentiate them from other brokers.
First of all, trading by phone is available, which is beneficial for those who prefer the convenience of mobile trading.
Secondly, they provide free education – an essential feature for new traders looking to expand their knowledge or experienced traders keen on refining their skills.
Other noteworthy attributes include the provision of a VPS (Virtual Private Server), personal managers, and a PAMM account system.
Unfortunately, the platform does not allow US traders to partake, which may limit its reach to a global audience.
In our inventory, the maximum leverage provided by IFC Markets seems to have an erroneous entry. However, I would recommend potential clients to check the official IFC Website or reach out to their support for accurate information.
In conclusion, IFC Markets, with its extensive experience in the market since 2006 and a reliable reputation, proves to be a solid choice for many traders. Its low entry barrier and educational tools make it great for beginners, while the serious regulation and safety features offer peace of mind for all users.
Remember, it's always essential to do your homework and understand all aspects of a platform before investing. Happy trading!
Disclaimer: this review aims to deliver unbiased information and does not constitute financial advice. Always conduct your personal research before making investment decisions.