Broker comparison

IFC Markets vs NordFX Comparison

Compare trading conditions, commissions and platforms of Forex brokers IFC Markets and NordFX. Find out which broker is best for you.

VS summaryScores and ranking at a glance
IFC MarketsHigher ranked
Rating
4.3/5
Rank
#27
Register

Trading CFDs carries high risks. You may lose all invested funds

NordFX
Rating
3.5/5
Rank
#67
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - IFC Markets or NordFX?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

IFC Markets ranks higher in the editorial ranking.
IFC Markets
Rating: 4.3/5Rank: #27
NordFX
Rating: 3.5/5Rank: #67

IFC Markets

Minimum deposit · USD
1 USD
Different platforms
  • NetTradeX
  • MetaTrader 5
Different markets
  • Soft Commodities
  • ETF
Cent account
Yes

NordFX

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed
Cent account
No

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of IFC Markets and NordFX

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Overview: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Foundation Year
2006
2008
Regulated in Countries
British Virgin Islands, Malaysia
—
Minimum Deposit
  • 1 EUR
  • 100 JPY
  • 1 USD
  • 10 USD
Spread
from 0.4 points
from 0 points
Max Leverage
1:400
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
Review

IFC Markets Review

IFC Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
NetTradeXMetaTrader 4MetaTrader 5

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

  1. A wide range of trading assets.
  2. Variety of trading platforms.
  3. Educational materials for traders of all experience levels.
  4. Tools for creating synthetic tools are available.

Cons

  1. High swaps.

NordFX Review

NordFX Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4

NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.

NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.

Pros and Cons of NordFX

Pros

  1. Diversity of trading accounts and services.
  2. Tight spreads.
  3. Wide range of deposit and withdrawal methods.
  4. Extensive set of analytical tools.
  5. Good customer support.

Cons

  1. Lack of regulation.
  2. High commission on Zero account.
  3. Long withdrawal request processing time.
  4. Lack of soft commodities and limited overall number of CFDs.
  5. There are no alternatives to MT4.

NordFX is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Reliability
4.2/5
2/5
Foundation Year
2006
2008
Regulated in Countries
British Virgin Islands, Malaysia
-
Regulators
-

IFC Markets

The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.

Pros

  1. Multi-jurisdictional regulation.
  2. Insurance against professional liability.

Cons

  1. Lack of regulation in countries with stricter requirements.

NordFX

NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.

Account Opening

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Account Opening: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 100 JPY
  • 10 USD

IFC Markets

Opening an account with IFC Markets is relatively simple and convenient.

NordFX

Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.

Account Types

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Account Types: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Account Types
4.3/5
5/5
Trading Accounts
  • NetTradeX Standard Fixed
  • NetTradeX Standard Floating
  • NetTradeX Beginner Fixed
  • NetTradeX Beginner Floating
  • MT4 Standard Fixed
  • MT4 Micro Fixed
  • MT5 Standard Floating
  • MT5 Micro Floating
  • Fix
  • Pro
  • Zero
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 100 JPY
  • 10 USD
Spread
from 0.4 points
from 0 points
Max Leverage
1:400
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

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

  1. A wide selection of trading accounts.
  2. Swap-free accounts for Islamic traders.
  3. PAMM accounts available.

Cons

  1. Absence of STP and ECN accounts.

NordFX

NordFX offers a wide range of account types and services.

Pros

  1. Flexible options for different traders.
  2. PAMM accounts and copy trading available.
  3. VPS available.

Cons

  1. Lack of cent accounts.

Commissions

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Commissions: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Commissions
3/5
2.5/5
Spread
from 0.4 points
from 0 points
Average Spread (EURUSD)
1.4
1.2
Commission
No data
per 1 lot$3.50

IFC Markets

IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.

NordFX

NordFX's commission policy is quite flexible and offers various options for different types of traders.

Pros

  1. Flexible commission system suitable for different strategies.
  2. Tight spreads on the Pro account.

Cons

  1. Above-average transaction commission on the Zero account.
  2. Inactivity fee.
  3. High swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Rating
4.5/5
4/5
Account Funding Methods
  • Volet
  • WebMoney
  • Bank Transfer
  • Visa
  • Mastercard
  • WebMoney
  • Skrill
  • Neteller
  • Dragonpay
  • AstroPay
  • TC Pay
  • FasaPay
  • Boleto
  • DOKU Wallet
  • Binance Pay
  • Swift
  • Visa
  • Mastercard
  • Ngan Luong
  • Help2pay
  • PayTrust88

IFC Markets

IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.

Pros

  1. Wide choice of deposit and withdrawal methods.
  2. No broker commissions on financial transactions.

Cons

  1. Withdrawals can only be made through the same method as deposits.
  2. Withdrawal requests may take up to 2 business days to process.

NordFX

NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.

Pros

  1. Numerous available deposit methods.
  2. Competitive commissions.
  3. Instant account funding.

Cons

  1. Withdrawal time up to 5 business days.
  2. Withdrawal only by the same method as deposit.
  3. Verification required for fund withdrawal.

Markets and Products

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Markets and Products: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Markets and Products
5/5
4/5
Forex
53
33
Precious Metals
7
2
Energy Carriers
4
3
Soft Commodities
16
-
Indices
12
4
Stocks
461
68
ETF
4
-
Cryptocurrency
14
15

IFC Markets

IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.

NordFX

NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.

Pros

  1. Diversity of asset classes.
  2. Access to 15 cryptocurrencies.

Cons

  1. Lack of soft commodities.
  2. Limited number of CFDs.

Trading Platforms

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Trading Platforms: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Rating
5/5
3/5
Trading Platforms
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4

IFC Markets

The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.

NordFX

NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.

Pros

  1. Reliable and proven MT4 platform.
  2. Desktop and mobile versions available.
  3. MultiTerminal for managing multiple accounts.

Cons

  1. Lack of a web-based platform.
  2. Limited choice of trading platforms.

Analytics

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Analytics: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Rating
4.5/5
4/5

IFC Markets

IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.

NordFX

NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.

Pros

  1. Weekly forecasts for Forex and cryptocurrencies.
  2. Economic calendar.
  3. Convenient calculator for estimating potential profits.

Cons

  1. Lack of trading signals.
  2. Insufficient analytics from company experts.
  3. Limited selection of analytical materials.

Education

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Education: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Rating
5/5
4/5

IFC Markets

The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.

NordFX

The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.

Pros

  1. Variety of formats: video, audio, articles.
  2. Materials for different skill levels.
  3. Regular blog publications.

Cons

  1. Lack of webinars.
  2. No seminars or master classes.
  3. No personalized training.

Customer Support

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Customer Support: comparison of IFC Markets, NordFX
BrokerIFC MarketsNordFX
Rating
4.5/5
5/5
Email Support
Hotline Phones
Social Media

IFC Markets

Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.

NordFX

NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.

Pros

  1. 24/7 availability.
  2. Multiple communication channels: live chat, email, phone.
  3. High level of staff professionalism.

Comparisons of IFC Markets and NordFX with other brokers

Conclusion

When choosing between IFC Markets and NordFX, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: IFC Markets or NordFX?

IFC Markets ranks higher than NordFX in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: IFC Markets or NordFX?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — IFC Markets or NordFX?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with IFC Markets and NordFX?

IFC Markets: NetTradeX, MetaTrader 4, MetaTrader 5. NordFX: MetaTrader 4. See the “Platforms” section for details and selection tips.

What markets can you trade with IFC Markets and NordFX?

IFC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. NordFX: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by IFC Markets and NordFX?

IFC Markets: NetTradeX Standard Fixed, NetTradeX Standard Floating, NetTradeX Beginner Fixed, NetTradeX Beginner Floating, MT4 Standard Fixed, MT4 Micro Fixed, MT5 Standard Floating, MT5 Micro Floating. NordFX: Fix, Pro, Zero. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by IFC Markets and NordFX?

IFC Markets: Volet, WebMoney, Bank Transfer, Visa, Mastercard. NordFX: WebMoney, Skrill, Neteller, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Swift, Visa, Mastercard, Ngan Luong, Help2pay, PayTrust88. Check method-specific fees/settlement times.

Which broker is safer — IFC Markets or NordFX — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.