IFC Markets is a leading global provider of Forex and CFD trading allowing to trade currencies, CFDs on stocks, cryptos and much more with low fixed spreads. It has been operating since 2006 in the British Virgin Islands and is regulated by the BVI FSC. It offers various trading platforms, such as MetaTrader 4, MetaTrader 5 and NetTradeX.
Weltrade is the industry-leading platform for trading CFDs on Forex, metals, indices, oil, gas and cryptocurrencies. It has over 16 years of experience in the FX market and serves more than 600K traders in over 180 countries. It is regulated by the FSCA in South Africa. It also offers MetaTrader 4 and MetaTrader 5 platforms, as well as innovative tools for traders, such as bonuses, affiliate programs and contests.
IFC Markets vs Weltrade Regulation Comparison
Broker
Regulator
License Number
Country
IFC Markets
BVI FSC
SIBA/L/14/1073
British Virgin Islands
Weltrade
FSCA
51024
South Africa
IFC Markets vs Weltrade Trading Assets Comparison
Broker
Forex Pairs
Metals
Indices
Stocks
Cryptos
Other
IFC Markets
50+
8+
15+
400+
26+
Commodities, ETFs
Weltrade
50+
10+
15+
–
40+
Oil, Gas
IFC Markets vs Weltrade Trading Fees Comparison
Broker
Spreads
Commissions
Swaps
IFC Markets
Fixed from 0.4 pips or Floating from 0 pips depending on account type
None for Standard accounts, $15 per lot for ECN accounts
Yes, depending on instrument and account type
Weltrade
Floating from 0 pips depending on account type
None for Micro, Premium and Pro accounts, $10 per lot for ZuluTrade accounts, $3.5 per lot for Crypto accounts
Yes, depending on instrument and account type
IFC Markets vs Weltrade Account Types Comparison
IFC Markets offers five account types: Standard (Fixed), Standard (Floating), Beginner (Fixed), Micro (Fixed) and ECN (Floating). Weltrade offers five account types as well: Micro, Premium, Pro, ZuluTrade and Crypto.
IFC Markets has fixed spreads for Standard (Fixed), Beginner (Fixed) and Micro (Fixed) accounts, and floating spreads for Standard (Floating) and ECN (Floating) accounts. Weltrade has floating spreads for all account types.
IFC Markets does not charge commissions for Standard, Beginner and Micro accounts, but charges $15 per lot for ECN accounts. Weltrade does not charge commissions for Micro, Premium and Pro accounts, but charges $10 per lot for ZuluTrade accounts and $3.5 per lot for Crypto accounts.
IFC Markets has a minimum deposit of $1 for Beginner and Micro accounts, $100 for Standard accounts and $1000 for ECN accounts. Weltrade has a minimum deposit of $25 for Micro accounts, $200 for Premium accounts, $500 for Pro accounts, $1000 for ZuluTrade accounts and $50 for Crypto accounts.
IFC Markets has a maximum leverage of 1:400 for Standard, Beginner and Micro accounts, and 1:200 for ECN accounts. Weltrade has a maximum leverage of 1:1000 for Micro, Premium and Pro accounts, 1:200 for ZuluTrade accounts and 1:3 for Crypto accounts.
IFC Markets vs Weltrade Deposit Options Comparison
Economic Calendar, Market Overview, Trading Signals, Technical Analysis, Forex Calculator
IFC Markets vs Weltrade. Which forex broker is better? Which forex broker should you choose?
Which forex broker is better or which one you should choose depends on your personal preferences, trading goals, risk appetite and other factors. However, you can refer to some tips on how to compare and evaluate forex brokers based on some common criteria, such as:
Regulation: You should check if the broker is regulated by a reputable authority that can protect your rights and interests as a trader. You should also check the broker’s license number and country of registration, and verify them with the regulator’s website.
Trading Conditions: You should compare the broker’s spreads, commissions, swaps, minimum deposit, maximum leverage, execution speed, slippage, requotes and other fees or charges that may affect your trading performance and costs.
Trading Instruments: You should check what trading instruments the broker offers, such as currency pairs, metals, indices, stocks, cryptos and others. You should also check the availability, liquidity and volatility of these instruments, and how they suit your trading strategy and style.
Trading Platforms: You should check what trading platforms the broker supports, such as MetaTrader 4, MetaTrader 5, NetTradeX or others. You should also check the features, functions, tools and indicators of these platforms, and how they meet your trading needs and preferences.
Customer Service: You should check how the broker provides customer service and support to its clients. You should check the availability, responsiveness, professionalism and friendliness of the broker’s staff. You should also check the communication channels, such as phone, email, chat or others.
Educational Resources: You should check what educational resources the broker offers to its clients, such as articles, videos, webinars, courses or others. You should also check the quality, relevance and usefulness of these resources for your learning and improvement as a trader.
Bonuses and Promotions: You should check what bonuses and promotions the broker offers to its clients, such as welcome bonuses, deposit bonuses, contests or others. You should also check the terms and conditions of these offers, such as eligibility, validity, withdrawal and other requirements.
These are some of the tips that may help you compare and evaluate forex brokers. However, you should always do your own research and due diligence before choosing a broker. You should also test the broker’s services with a demo account or a small amount of money before committing to a larger investment.
