IFC Markets Account Types

IFC Markets offers 3 different account types for each of the 3 trading platforms. The trading platforms are NTTX, Metatrader 4 and Metatrader 5 with each account offering different spread amounts.

IFC Markets at a glance

Overall Rating

• 4.2/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 1

Regulators

CySEC, BVI FSC, LFSA

Trading Platform

MT4, MT5, NetTradeX

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our IFC Markets Account Types below.

IFC Markets Account Types – 8 key points quick overview:

1. ✔️IFC Markets Account Types Overview
2. ✔️Account Types
3. ✔️Account Features
4. Demo Account
5. Islamic Account
6. Pros and Cons
7. IFC Markets Customer Reviews
8. Frequently Asked Questions

Here is an overview of the IFC Markets Account types as well as the treading features and benefits offered for each account.

IFC Markets Account Types Overview

IFC Markets is an STP and Market Maker broker that is based in Cyprus and has been operating since 2006. IFC Markets is a CFD and forex broker that offers the trade in synthetic instruments along with offering innovative portfolio quoting methods through a powerful, reliable proprietary trading platform, NetTradeX.

IFC Markets Group consists of several components namely IFCM Cyprus Limited, and IFCMARKETS.CORP, IFC Markets Ltd., and NetTradeX Limited. Through the different entities, IFC Markets offers more than 600 financial instruments spread across several asset classes.

IFC Markets is known for offering decent spreads, reliable trade execution, and negative balance protection which is automatically applied to trading accounts. In addition, IFC Markets also offers some helpful trading tools.

Account Types

IFC Markets offers different account types according to each trading platform that is supported namely NetTradeX (NTTX), MetaTrader 4 (MT4), and MetaTrader 5 (MT5), these accounts are as follows:

• NTTX – Standard Fixed and Floating
• NTTX – Beginner Fixed and Floating
• NTTX – Demo Account Fixed and Floating
• MT4 – Standard Fixed
• MT4 – Micro Fixed
• MT4 – Demo Fixed
• MT5 – Standard Floating
• MT5 – Micro Floating
• MT5 – Demo Floating

Account Features

NTTX Standard Fixed and Floating

This is the entry-level account while using the NetTradeX trading platform, with the following unique features:

➡️️​ Deposit currencies between USD, EUR, JPY, or uBTC

➡️️​ An initial deposit of 1 000 USD, 1 000 EUR, 100 000 JPY, or 13 676 ZAR

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:200

➡️️​ Fixed spreads that start from 1.8 pips

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ The minimum volume of 10 000 units in forex

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging and netting

NTTX Beginner Fixed and Floating

This account type is suited for beginner and inexperienced traders. The investment amount is exceptionally low and subsequently, losses and profits are not as significant as with other accounts.

The features on this account are as follows:

➡️️​ Deposit currencies between USD, EUR, JPY, or uBTC

➡️️​ An initial deposit of 1 USD, 1 EUR, 100 JPY, or 13.67 ZAR

➡️️​ Maximum equity of 5 000 USD

➡️️​ Leverage from 1:1 up to 1:400

➡️️​ Fixed spreads that start from 1.8 pips

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ The minimum volume of 100 units in forex

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging and netting

NTTX Demo Fixed and Floating

With this demo account, traders will have an account that mirrors its live account counterparts, but which is funded with virtual money and is risk-free. The features that traders can expect are as follows:

➡️️​ Deposit currencies between USD, EUR, JPY, or uBTC

➡️️​ No minimum deposit requirement as virtual funds are provided

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:200

➡️️​ Fixed spreads that start from 1.8 pips

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ The minimum volume of 100 units in forex

➡️️​ Ability to use hedging and netting

MT4 Standard Fixed

This account type provides traders with the use of MetaTrader 4 using a standard account that has fixed spreads in addition to these features:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ An initial deposit of 1 000 USD, 1 000 EUR, 100 000 JPY, or 13 676 ZAR

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:200

➡️️​ Floating spreads from 1.8 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ The minimum volume of 0.1 lot (Micro lot)

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging

MT4 Micro Fixed

The Micro Fixed account on MetaTrader 4 is perfect for beginner traders. There is a small investment amount which limits the losses that traders are exposed to. The features on this account are as follows:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ An initial deposit of 1 USD, 1 EUR, 100 JPY, or 13.67 ZAR

➡️️​ Maximum equity of 5 000 USD, 5 000 EUR, 500 000 JPY, or 68 380 ZAR

➡️️​ Leverage from 1:1 up to 1:400

➡️️​ Floating spreads from 1.8 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging

MT4 Demo Fixed

The Demo Fixed account can be used on MetaTrader 4 by beginners to practice trading and more advanced traders who want to test their strategies and explore what IFC Markets has to offer. The features on this account are as follows:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ No minimum deposit requirement as virtual funds are provided

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:400

➡️️​ Floating spreads from 1.8 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ Ability to use hedging

MT5 Standard Floating

With the MT5 Standard Floating account, traders have access to floating spreads that are competitive in addition to the following:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ Initial deposit of 1 000 USD, 1 000 EUR, 100 000 JPY, or 13 676 ZAR

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:200

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ Minimum volume of 0.1 lot (Micro lot)

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging and netting

MT5 Micro Floating

This account is perfect for beginners and advanced traders testing out strategies as the risks involved with loss of funds is low, while traders still have access to the best trading conditions. With this account, traders can expect:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ Initial deposit of 1 USD, 1 EUR, 100 JPY, or 13.67 ZAR

➡️️​ Maximum equity of 5 000 USD, 5 000 EUR, 500 000 JPY, or 68 380 ZAR

➡️️​ Leverage from 1:1 up to 1:400

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ Access to market Newsline

➡️️​ Ability to use hedging and netting

MT5 Demo Floating

With the MT5 demo floating account, traders are offered with a safe trading environment that can be used in a variety of ways. The features on this account are as follows:

➡️️​ Deposit currencies between USD, EUR, or JPY

➡️️​ No minimum deposit requirement as virtual funds are provided

➡️️​ No limit on the maximum equity

➡️️​ Leverage from 1:1 up to 1:400

➡️️​ Floating spreads from 0.4 pips

➡️️​ Short margin level, or stop-out of 10%

➡️️​ Ability to use hedging and netting

Demo Account

IFC Markets, opposed to other brokers, offers traders with a choice between three different demo accounts, according to the different trading platforms that are supported, namely:

➡️️​ NetTradeX (NTTX)

➡️️​ MetaTrader 4 (MT4)

➡️️​ MetaTrader 5 (MT5)

The features that traders can expect from these accounts will depend on the account traders use along with the unique features tied to each.

IFC Markets Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.

IFC Markets offers Muslim traders the option of converting their live trading account into a swap-free or Islamic account at no additional cost, without any additional trading fees.

Overall Rating

• 4.2/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 1

Regulators

CySEC, BVI FSC, LFSA

Trading Platform

MT4, MT5, NetTradeX

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

IFC Markets Pros and Cons

IFC Markets Customer Reviews

Just Perfect!

I came here for Autochartist — the way they have it on the open for free without login drove me to them!

Great for beginners and experts

IFCMarkets for me is the best broker…

IFCMarkets for me its the best broker out here and good for Canadian traders..they provide Instant Execution orders for trading and they provide fast withdraw which is the best for me! i like it guys ! keep on good working !

The best for everyone that like forex…

The best for everyone that like forex and like work with it.

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You might also like: IFC Markets Demo Account – Step by Step

You might also like: IFC Markets Fees and Spreads

You might also like: IFC Markets Islamic Account Overview

You might also like: IFC Markets Minimum Deposit

You might also like: IFC Markets Sign up Bonus

Conclusion

There are many outstanding features at IFC Markets which include a host of educational offerings including textual lessons, videos, technical and fundamental analysis, weekly and daily market reviews, calculators, widgets, and more.

Frequently Asked Questions

Trading environment

How many instruments can I trade with IFC Markets?

You can trade more than 600 instruments spread across these asset classes:

• Forex
• Precious Metals CFDs
• Indices CFDs
• Commodity CFDs
• Commodity Futures CFDs
• Gold
• ETF CFDs
• Cryptocurrency CFDs
• Synthetic instruments

Which platforms are supported by IFC Markets?

• MetaTrader 4
• MetaTrader 5
• NetTradeX

Does IFC Markets offer leverage?

Yes, IFC Markets offers leverage from 1:1 up to 1:400.

What spreads can I expect with IFC Markets?

IFC Markets offers floating spreads from 0.4 pips and fixed spreads from 1.8 pips.

Does IFC Markets charge a commission?

No, IFC Markets offers commission-free trading.

Are there additional charges on the Islamic account?

No, there are no additional charges when Muslim traders convert their trading account to an Islamic Account.

Is IFC Markets regulated?

Yes, IFC Markets is regulated by CySEC and BVI FSC.

Is IFC Markets a recommended forex trading broker for experts and beginners?

Yes, IFC Markets is ideal for both beginners and expert traders.

What is the overall rating out of 10 for IFC Markets?

8/10.

Accounts

What is the difference between a demo and live trading account?

A demo account offers traders with a risk-free account where they can practice trading, test out strategies, or see what the broker has to offer.

Does IFC Markets offer a demo account?

Yes, IFC Markets offers three different demo accounts.

For how long is the demo account valid?

There is no predetermined expiration on the demo account.

Does IFC Markets offer the option of an Islamic Account?

Yes, IFC Markets offers the option of an Islamic Account.

Which live trading accounts does IFC Markets offer?

• NTTX – Standard Fixed and Floating
• NTTX – Beginner Fixed and Floating
• MT4 – Standard Fixed
• MT4 – Micro Fixed
• MT5 – Standard Floating
• MT5 – Micro Floating

What are the available deposit currencies for a live trading account?

• USD
• EUR
• JPY
• uBTC (only on the NTTX Account)

Deposits and withdrawals

What is the minimum deposit for IFC Markets?

IFC Markets has a minimum deposit of 1 USD, 1 EUR, 100 JPY, or 13.67 ZAR.

How do I make a deposit and withdrawal with IFC Markets?

• Bank Wire Transfer
• Perfect Money
• Credit/Debit Card
• TopChange Pay
• BitWallet
• WebMoney
• CashU
• WebMoney Vietnam
• Bitcoin
• Internal Transfer

Does IFC Markets charge withdrawal fees?

Yes, IFC Markets charges the following withdrawal fees:

• Bank Wire Transfer – 25 USD, 25 EUR, 2 500 JPY, or 342 ZAR.
• Perfect Money – 0.5%
• Credit/Debit Card – 2% as well as 7.5 USD, 6 EUR, 1 500 JPY, or 103 ZAR.
• BitWallet – 100 JPY per transaction and 824 JPY for withdrawal to a local bank account.
• WebMoney – 0.8% with a maximum of 50 USD (684 ZAR).
• WebMoney Vietnam – 0.8% with a minimum of 500 VND and a maximum of 1 000 000 VND.
• Bitcoin – 500 uBTC or 0.0005 BTC.

How long does it take to make a withdrawal?

This will depend on the payment method as some reflect instantly while others may take a few business days.