IFC Markets vs MTrading 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 IFC Markets and MTrading
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 4.3/5 | 3.1/5 |
| Foundation Year | 2005 | 2011 |
| Regulated in Countries | British Virgin Islands, Malaysia | Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | IFC Markets Review | MTrading Review |
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.
MTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.
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:
MTrading Review
MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.
MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.
Pros and Cons of MTrading
Pros
- Availability of different types of trading accounts.
- Wide range of trading assets.
- Own copy trading platform.
Cons
- Lack of licenses from reputable regulators.
- Limited choice of trading platforms.
- Only one method of communication with support service.
- Absence of some popular deposit and withdrawal methods.
- Sparse analytical and educational materials compared to competitors.
Reliability
| Broker | IFC Markets | MTrading |
|---|---|---|
| Reliability | 4.2/5 | 2/5 |
| Foundation Year | 2005 | 2011 |
| Regulated in Countries | British Virgin Islands, Malaysia | Saint Vincent and the Grenadines |
| Regulators | BVIFSC BVIFSC LFSA LFSA | SVGFSA SVGFSA |
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.
MTrading
Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.
Pros
- Company's reputation in the market.
- Measures to ensure the security of client funds.
Cons
- Lack of regulation by major financial authorities.
- Potential risks for investors due to weak regulation.
Account Opening
| Broker | IFC Markets | MTrading |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
MTrading
Opening an account with MTrading is a simple, convenient, and fast process.
Account Types
| Broker | IFC Markets | MTrading |
|---|---|---|
| Account Types | 4.3/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
MTrading
Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.
Pros
- Wide selection for different levels of experience.
- Ability to start trading with small amounts.
- Availability of copy trading service.
Cons
- Absence of accounts with fixed spreads.
Commissions
| Broker | IFC Markets | MTrading |
|---|---|---|
| Commissions | 3/5 | 1.5/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 1.4 | 1.3 |
| Commission per Lot | $4 |
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
MTrading
MTrading's commissions are above the market average, which can affect the overall profitability of the trader.
Pros
- There are no withdrawal fees.
Cons
- Commission per trade on M.Pro is above average.
- Almost all swaps are negative.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding Methods |
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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.
MTrading
MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.
Pros
- No commissions for depositing and withdrawing funds.
- Fast execution of payments.
- Support for cryptocurrency payments.
Cons
- Lack of popular methods such as bank transfer and credit cards.
Markets and Products
| Broker | IFC Markets | MTrading |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 53 | 38 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 16 | - |
| Indices | 12 | 10 |
| Stocks | 461 | 87 |
| ETF | 4 | 9 |
| Cryptocurrency | 14 | 12 |
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
MTrading
MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.
Pros
- Access to 38 currency pairs in the Forex market.
- Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.
Cons
- Soft commodities are not available.
- The overall number of CFDs is average, lower than many competitors.
Trading Platforms
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
MTrading
MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.
Pros
- Availability of the time-tested and popular MT4 platform.
- Additional features in MT4 Supreme Edition to enhance trading.
- Ability to trade through a browser with WebTrader.
Cons
- Lack of modern platforms such as MetaTrader 5 or cTrader.
Analytics
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 4.5/5 | 3/5 |
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
MTrading
MTrading offers basic analytical tools, but they may seem limited compared to competitors.
Pros
- Access to up-to-date financial market news.
- Technical analysis from the company's experts.
Cons
- Lack of advanced analytical tools.
- No integrated services such as Autochartist or Trading Central are provided.
Education
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 5/5 | 2.5/5 |
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
MTrading
MTrading offers basic educational materials targeted at beginner traders, but their range is limited.
Pros
- Articles on the basics of Forex.
- Overviews of indicators and strategies.
Cons
- Lack of advanced educational resources.
- No webinars or video tutorials are provided.
- Limited variety of topics.
Customer Support
| Broker | IFC Markets | MTrading |
|---|---|---|
| Rating | 4.5/5 | 2.5/5 |
| Email Support |
| — |
| Hotline Phones |
| — |
| Social Media |
Skype
Telegram
Whatsapp
Messenger
Facebook
Instagram
Twitter
LinkedIn
YouTubeIFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
MTrading
MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.
Pros
- Availability of online chat for quick communication.
- Support through social media.
Cons
- Lack of telephone line and email support.
- Issues with response timeliness.
- Complaints about ineffective resolution of finance-related issues.
