Compare IFC Markets vs Trading212
What is IFC Markets? What is Trading212?
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. It also has some unique services, such as creating unlimited instruments, getting up to 7% interest on uninvested funds, and trading synthetic instruments.
Trading 212 is a fintech company that offers commission-free investing for everyone in Stocks, ETFs, Forex, Commodities and more. It was founded in 2004 in Bulgaria and is regulated by various authorities across Europe. It has a popular mobile app that has more than 14 million downloads and is rated highly by users. It also has some innovative features, such as buying fractional shares, earning interest on uninvested cash, and building diversified pies with AutoInvest.
IFC Markets vs Trading212 Regulation Comparison
| Broker | Regulator | License Number | Funds Protection |
|---|---|---|---|
| IFC Markets | BVI FSC | SIBA/L/14/1073 | Up to $1 million per client |
| Trading 212 | FCA (UK) | 609146 | Up to £85,000 per client |
| Trading 212 | FSC (Bulgaria) | RG-03-0237 | Up to €20,000 per client |
| Trading 212 | CySEC (Cyprus) | 290/16 | Up to €20,000 per client |
IFC Markets vs Trading212 Trading Assets Comparison
| Broker | Forex Pairs | Stocks & ETFs | Cryptos | Commodities | Indices |
|---|---|---|---|---|---|
| IFC Markets | 50+ | 600+ (CFDs) | 26 (CFDs) | 18 (CFDs) | 15 (CFDs) |
| Trading 212 | 150+ (CFDs) | 12,000+ (real & CFDs) | 10 (real & CFDs) | 25 (CFDs) | 40 (CFDs) |
IFC Markets vs Trading212 Trading Fees Comparison
| Broker | Commission on Stocks & ETFs | Spread on EUR/USD | Swap on EUR/USD |
|---|---|---|---|
| IFC Markets | None (fixed spread) | From 1.8 pips (fixed) or from 0.4 pips (floating) depending on account type and platform | -0.7 pips for long positions and -0.3 pips for short positions per night |
| Trading 212 | None (zero commission) | From 0.9 pips (floating) | -0.012% for long positions and -0.006% for short positions per night |
IFC Markets vs Trading212 Account Types Comparison
| Broker | Account Types |
|---|---|
| IFC Markets | Beginner Account: Minimum deposit $1, fixed spread from 1.8 pips, leverage up to 1:400, no commission Standard Account: Minimum deposit $1,000, fixed spread from 1.8 pips, leverage up to 1:200, no commission NetTradeX Account: Minimum deposit $1, floating spread from 0.4 pips, leverage up to 1:400, no commission Unlim Account: Minimum deposit $1, floating spread from 0.4 pips, leverage up to 1:200, no commission Micro Account: Minimum deposit $1, fixed spread from 1.8 pips, leverage up to 1:400, no commission, lot size 100 units |
| Trading 212 | Invest Account: Minimum deposit $1, zero commission, real stocks and ETFs, no leverage CFD Account: Minimum deposit $10, zero commission, CFDs on stocks, ETFs, forex, commodities, indices and cryptos, leverage up to 1:30 ISA Account: Minimum deposit $1, zero commission, real stocks and ETFs, tax-free profits (UK only) |
IFC Markets vs Trading212 Deposit Options Comparison
| Broker | Deposit Options | Withdrawal Options |
|---|---|---|
| IFC Markets | Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, China UnionPay | Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet |
| Trading 212 | Bank Wire Transfer, Credit/Debit Card, Skrill, PayPal | Bank Wire Transfer, Credit/Debit Card, Skrill, PayPal |
IFC Markets vs Trading212 Trading Platforms Comparison
| Broker | Trading Platforms |
|---|---|
| IFC Markets | MetaTrader 4 (PC, WebTerminal, Mac OS, iOS, Android), MetaTrader 5 (PC), NetTradeX (PC, iOS, Android) |
| Trading 212 | Trading 212 App (iOS, Android), Trading 212 Web Platform |
IFC Markets vs Trading212 Analytical Tools Comparison
| Broker | Analytical Tools |
|---|---|
| IFC Markets | Economic Calendar, Market Overview, Market Sentiment |
| Trading 212 | Economic Calendar |
IFC Markets vs Trading212. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on many factors, such as your trading style, goals, preferences, risk appetite, experience and budget. You should carefully compare the features and benefits of each broker and decide which one suits you best.
You may also want to read some reviews from other traders who have used these brokers and see what they think. Ultimately, the best forex broker for you is the one that meets your needs and expectations.
