Compare IFC Markets vs FXGiants
What is IFC Markets? What is FXGiants?
IFC Markets is an online trading broker that offers over 650 trading instruments in forex, metals, indices, commodities, futures and shares. It is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and has been operating since 2006. It has a head office in British Virgin Islands and a subsidiary in Cyprus. It offers various account types, funding options, trading platforms and analytical tools for its clients.
FXGiants is a brand name of Notesco UK Limited, which is regulated by the Financial Conduct Authority (FCA) in the UK and has a registered office address in London. It is also a trading name of Notesco Pty Limited, which is licensed by the Australian Securities and Investment Commission (ASIC) in Australia. It offers over 200 trading instruments in forex, metals, indices, commodities and futures. It has been operating since 2008 and has a global presence. It offers various account types, funding options, trading platforms and bonuses for its clients.
IFC Markets vs FXGiants Regulation Comparison
| Broker | Regulator | License Number | Country |
|---|---|---|---|
| IFC Markets | BVI FSC | SIBA/L/14/1073 | British Virgin Islands |
| FXGiants UK | FCA | 585561 | United Kingdom |
| FXGiants AU | ASIC | 417482 | Australia |
IFC Markets vs FXGiants Trading Assets Comparison
| Broker | Forex Pairs | Metals | Indices | Commodities | Futures | Shares |
|---|---|---|---|---|---|---|
| IFC Markets | 50+ | 8+ | 15+ | 18+ | 85+ | 400+ |
| FXGiants UK/AU | 80+ | 5+ | 26+ | 17+ | 4+ | N/A |
IFC Markets vs FXGiants Trading Fees Comparison
| Broker | Spreads from (pips) | Commissions from ($) |
|---|---|---|
| IFC Markets Fixed Account | 1.8 (EUR/USD) | N/A |
| IFC Markets Floating Account | 0.4 (EUR/USD) | N/A |
| IFC Markets NetTradeX Account | 0 (EUR/USD) + markup of 0.6 pips | N/A |
| FXGiants Micro Account | 1.1 (EUR/USD) + markup of 0.7 pips | N/A |
| FXGiants Premium Account | 0.7 (EUR/USD) + markup of 0.7 pips | N/A |
| FXGiants Zero Fixed Account | 0 (EUR/USD) + markup of 0 pips | $18 per lot round turn |
IFC Markets vs FXGiants Account Types Comparison
FXGiants offers four account types: Micro, Premium, Zero Fixed Spread and STP/ECN No Commission. The Micro account has the highest spreads (starting from 1.1 pips on EUR/USD), while the Zero Fixed Spread account has the lowest spreads (fixed at 0 pips on EUR/USD) but charges a commission of $18 per lot round turn. The STP/ECN No Commission account has spreads starting from 0.7 pips on EUR/USD and no commission. The Premium account has spreads starting from 0.8 pips on EUR/USD and no commission but requires a minimum deposit of $2,500.
IFC Markets offers three account types: Beginner, Standard and NetTradeX. The Beginner account has the highest spreads (starting from 1.8 pips on EUR/USD), while the Standard account has lower spreads (starting from 1.4 pips on EUR/USD) but requires a minimum deposit of $1,000. The NetTradeX account has the lowest spreads (starting from 0 pips on EUR/USD) but charges a commission of $15 per lot round turn and requires a minimum deposit of $1,000.
IFC Markets vs FXGiants Deposit Options Comparison
| Broker | Deposit Methods | Withdrawal Methods |
|---|---|---|
| IFC Markets | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, FasaPay, China UnionPay, NganLuong.vn | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, FasaPay, China UnionPay |
| FXGiants UK | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller, SafeCharge, DotPay | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller |
| FXGiants AU | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller | Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller |
IFC Markets vs FXGiants Trading Platforms Comparison
| Broker | Platforms |
|---|---|
| IFC Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5), NetTradeX |
| FXGiants UK/AU | MetaTrader 4 (MT4) |
IFC Markets vs FXGiants Analytical Tools Comparison
| Broker | Tools |
|---|---|
| IFC Markets | Economic Calendar, Market Overview, Trading Central Signals and Analysis, GeWorko Method for Portfolio Quoting |
| FXGiants UK/AU | Economic Calendar, Market News and Analysis |
IFC Markets vs FXGiants. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and budget. Both brokers have their pros and cons, and you should weigh them carefully before making a decision. You should also consider other factors, such as customer service, reputation, security, and regulation.
You can use the information I provided in my previous message as a starting point, but you should also do your own research and compare other brokers. Ultimately, the best broker for you is the one that meets your needs and expectations.
