We cannot say that IFC Markets is a second-rate cuisine or a company that is considered outright scam. This is a real broker, but with a bad reputation. Not surprisingly, in the reviews published about IFCM Group, clients complain about:
- Problems with how well the platforms are performing.
- The technical support services are not satisfactory.
- There are obvious problems with the promptness of payments.
- IFC Markets representatives are constantly demanding money.
Weird approach to self-presentation
The broker is part of a group of companies of the same name that has been creating and implementing new effective projects in the field of financial technologies for 14 years. Instead of giving maximum specifics in the system of coordinates familiar to the investor, the IFCM Group’s official website provides information about the mass of structures. According to them, the regulators are CySec , BVI FSC , LFSA , MiFID , CIF and other structures.
The provision of services to clients in terms of trading in financial instruments has been conducted since 2006 – on organized trading platforms and beyond, using the NetTradeX trading station and the most popular platforms of the family MetaTrader , 4 and 5.
As for the company itself, it positions itself as an international Forex and CFD broker that allows its clients to trade from any region of the world.
It should be emphasized that the serving organization is not regulated by the Central Bank of the Russian Federation , and does not provide financial services on the territory of the Russian Federation. However, citizens of the Russian Federation can trade on the platform. As for the registration of the brokerage company itself, its registration was made in the Virgin Islands. Working from an offshore zone negatively affects the IFC Markets rating.
Trading conditions
The trader is offered several types of accounts. Minimum deposit requirements start at $ 1. However, as a sane person, you should understand that this is just a gimmick, a marketing ploy. If you want to carry out a full-scale trade, and not fly out of the market using a stop-out after a few minutes, then your investments must also be quite serious. Market experts say the minimum amount is around USD 1,000.
There are no questions about site design and navigation. The only thing – the tab with contact details disappointed. You will need to write and call in offshore zones, and for a lot of money. Less expensive options are email, social networks, instant messengers.
Conclusion on IFC Markets
What do we have as a result? The company is indeed a broker. But – with a bad reputation . Can you trust her with money? Of course not, because clients indicate that they only demand money, but there is no question of paying earnings. On the other hand, things can change over time. You can check the situation if you deposit your own funds and try to trade.
