IFC Markets is a Forex company founded in 2006. The maximum leverage is 400 times and there are no trading restrictions and scalving arbitrage is also recommended. Another advantage is that transaction fees are free. There are 49 currency pairs, so traders will not have any trouble. Since IFC Markets operates as a subsidiary of IFCM Group, a global financial group, its ground and stability are completely different from other Forex companies. There are multiple account types, and you can choose according to your preference.
Company information
IFC Markets is an overseas Forex brand operated by IFC MARKETS. CORP. The FX trading service will be available in 2006.
| Operating company name | IFCMARKETS. CORP |
| Headquarters location | AGP Chambers’,84 Spyrou Kyprianou Avenue,4004 Limassol, Cyprus |
| license | BVI FSC (BVI Financial Services Commission) Approval |
| Business start date | 2006 |
| Capital | Unpublished |
| number of employees | Unpublished |
license
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is he licensed for IFC Markets?
| Company Name | Acquisition license |
| IFCMARKETS. CORP. | BVI FSC (British Virgin Islands Financial Services Commission) |
| IFCM CYPRUS LIMITED | CySEС (Cyprus Securities and Exchange Commission) |
| IFC Markets Ltd | LFSA (Malaysia Financial Services Agency regulation) |
Email support
IFCMarkets supports the following:
| Inquiry method | Contents |
| You will receive a reply within 24 hours on weekdays. You will receive a reply in about a day. | |
| Live chat | Use chat if you want an immediate response. Support support Japan time: 13: 00-21: 30 (Monday-Friday) |
| phone | Use the phone if you want an immediate response. Support support Japan time: 13: 00-21: 30 (Monday-Friday) |
Supported language
They support 10 languages. Below is a list of supported languages.
- English
- Japanese
- Spanish
- Russian
- Chinese
- Vietnamese
- Turkish
- Portuguese
- French
- Persian
Loss compensation
IFC Markets has a warranty system.
| Guarantee system | Contents |
| Zero cut | They will not charge any loss in excess of the margin to protect the trader’s funds. There is no risk of having a debt. |
Withdrawal method
IFC Markets supports the following withdrawals:
| Withdrawal method | Withdrawal fee | Reflection time |
| Bank withdrawal | 2500yen | 2-3 business days |
| Credit / debit card | Free | 1-5 business days |
| bitwallet | 100yen | 2-5 minutes |
| Perfect Money | 0.5% | Immediately |
| WebMoney | 0.8% | 2-5 minutes |
| Bitcoin | 500BTC | Immediately |
Payment method
IFC Markets accepts the following deposits:
| Payment method | Deposit fee | Reflection time |
| Bank withdrawal | Free | Immediately |
| Credit / debit card | Free | Immediately |
| bitwallet | Free | Immediately |
| Perfect Money | 0.5% | Immediately |
| WebMoney | 0.8% | Immediately |
| Bitcoin | Free | Immediately |
Account type
IFC Markets supports the following account types:
| item | NetTradeX Standard | NetTradeX beginner | MT4・MT5 Standard | MT4・MT5 micro |
| Transaction form | NDD STP | NDD STP | NDD STP | NDD STP |
| Brands handled | Foreign exchange Precious metals energy Goods / stocks Stock index ETF Cryptocurrency | Foreign exchange Precious metals energy Goods / stocks Stock index ETF Cryptocurrency | Foreign exchange Precious metals energy Goods / stocks Stock index ETF Cryptocurrency | Foreign exchange Precious metals energy Goods / stocks Stock index ETF Cryptocurrency |
| Maximum leverage | 200 | 400 | 200 | 400 |
| Transaction fees | Free | Free | Free | Free |
| Spread | 1.4~1.8pips | 1.4~1.8pips | 1.4~1.8pips | 1.4~1.8pips |
| Minimum trading volume | 0.1 | 0.001 | 0.1 | 0.01 |
| Maximum trading volume | infinite | 1 | 10000 | 1 |
| Stop level | 3.6pips | 3.6pips | 3.6pips | 3.6pips |
| Scalping | Possbile | Possbile | Possbile | Possbile |
| Automatic trading | Possbile | Possbile | Possbile | Possbile |
| Double-decker | Possbile | Possbile | Possbile | Possbile |
| Stop-loss | 10％ | 10％ | 10％ | 10％ |
| Trading tools | NetTradeX | NetTradeX | MT4 MT5 | MT4 MT5 |
Currency pair
IFC Markets supports a large number of currency pairs. Spreads are also listed. Only major currency pairs are listed.
| Currency pair | Average spread |
| USD/JPY | 1.4~1.8pips |
| AUD/JPY | 3.1~3.8pips |
| EUR/JPY | 2.2~3.0pips |
| GBP/JPY | 4.5~5.0pips |
| CHF/JPY | 3.7~4.2pips |
| NZD/JPY | 5.8~6.0pips |
| EUR/USD | 1.6~1.9pips |
| CAD/JPY | 3.7~4.2pips |
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about IFC Markets, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. Double-decker, scalping, and automated trading are permitted.
| Case study | Contents |
| Bonus withdrawal | Bonuses cannot be withdrawn. |
| Withdrawal while holding a position | You cannot withdraw while you have a position. |
| Trades that overload the system | Making many transactions in a short time using the system violates the trading rules. The account may be frozen. |
Other Forex companies, virtual currency exchanges
If you are looking for other Forex companies or cryptocurrency exchanges, please see the list in the link below.
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