FxPro vs IFC Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of FxPro and IFC Markets
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 4.4/5 | 4.3/5 |
| Foundation Year | 2006 | 2005 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | British Virgin Islands, Malaysia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:10000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FxPro Review | IFC Markets Review |
FxPro is suitable for traders looking for a reliable company with good trading conditions and a wide selection of instruments.
IFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.
FxPro Review
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
FxPro is in the top 10 of the following ratings:
IFC Markets Review
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
IFC Markets is in the top 10 of the following ratings:
Reliability
| Broker | FxPro | IFC Markets |
|---|---|---|
| Reliability | 5/5 | 4.2/5 |
| Foundation Year | 2006 | 2005 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | British Virgin Islands, Malaysia |
| Regulators | FCA FCA CySEC CySEC FSCA FSCA SCB SCB | BVIFSC BVIFSC LFSA LFSA |
FxPro
FxPro shows high reliability and strict compliance with regulatory standards in the financial sector. The company is regulated by several leading authorities worldwide.
IFC Markets
The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.
Pros
- Multi-jurisdictional regulation.
- Insurance against professional liability.
Cons
- Lack of regulation in countries with stricter requirements.
Account Opening
| Broker | FxPro | IFC Markets |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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FxPro
The account opening process is structured but requires more time due to the volume of information needed.
IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
Account Types
| Broker | FxPro | IFC Markets |
|---|---|---|
| Account Types | 4/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:10000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FxPro
FxPro offers various accounts, but the absence of cent accounts and a copy trading service limits options for beginner traders.
Pros
- A wide choice of account types.
- Availability of Islamic accounts.
- Personalized service for owners of Premium accounts.
Cons
- No cent accounts.
- No copy trading service provided.
IFC Markets
IFC Markets offers a good selection of accounts that meet the requirements of various categories of traders, though there are some limitations.
Pros
- A wide selection of trading accounts.
- Swap-free accounts for Islamic traders.
- PAMM accounts available.
Cons
- Absence of STP and ECN accounts.
Commissions
| Broker | FxPro | IFC Markets |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0 points | from 0.4 points |
| Average Spread (EURUSD) | 1.5 | 1.4 |
| Commission per Lot | $3.5 |
FxPro
FxPro's commissions align with the market average, and the absence of fees for deposits/withdrawals is a benefit.
Pros
- No commission for depositing and withdrawing funds.
Cons
- Inactivity fee charged.
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
Deposit and Withdrawal
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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FxPro
FxPro offers convenient and flexible options for funding and withdrawal, with most operations not incurring a commission.
IFC Markets
IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.
Pros
- Wide choice of deposit and withdrawal methods.
- No broker commissions on financial transactions.
Cons
- Withdrawals can only be made through the same method as deposits.
- Withdrawal requests may take up to 2 business days to process.
Markets and Products
| Broker | FxPro | IFC Markets |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 69 | 53 |
| Precious Metals | 13 | 7 |
| Energy Carriers | 6 | 4 |
| Soft Commodities | 7 | 16 |
| Indices | 29 | 12 |
| Stocks | 1971 | 461 |
| Cryptocurrency | 28 | 14 |
| ETF | - | 4 |
FxPro
FxPro provides an extensive selection of markets and products for trading. Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies.
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
Trading Platforms
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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FxPro
FxPro offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge. Each platform has several variations that can be downloaded from the broker's official website for free.
IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
Analytics
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
FxPro
FxPro offers its clients diverse market analysis services. The company's official YouTube channel also features forecasts, market reviews, and helpful videos.
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
Education
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
FxPro
The "Education" section on the FxPro website offers a variety of educational materials for traders. The materials provided enable traders to master the basics and deepen their understanding of trading.
Pros
- A variety of educational materials.
- Availability of free courses and accessible online tests for self-assessment.
Cons
- No educational formats such as webinars, seminars, and podcasts.
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
Customer Support
| Broker | FxPro | IFC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
LinkedIn
Twitter
YouTube
Telegram
Instagram
Skype
Whatsapp
MessengerFxPro
FxPro has various channels for technical support, including online chat, callback service, and email. Clients can seek help through an international toll-free line or via email.
IFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
