Compare AMarkets vs IFC Markets
What is AMarkets? What is IFC Markets ?
AMarkets is an online broker that was founded in 2007 and is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
IFC Markets is an online broker that was founded in 2006 and is regulated by the British Virgin Islands Financial Services Commission (BVI FSC).
AMarkets vs IFC Markets Regulation Comparison
Both brokers are regulated by reputable authorities, but AMarkets has a higher level of regulation as it is also a member of the Financial Commission, an independent dispute resolution organization. IFC Markets does not have any additional regulatory memberships or licenses.
AMarkets vs IFC Markets Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, stocks, indices, commodities, metals, cryptocurrencies, and ETFs. However, AMarkets has a larger number of assets, with over 1000 instruments available, while IFC Markets has around 600 instruments.
AMarkets vs IFC Markets Trading Fees Comparison
Both brokers have competitive trading fees, but they differ in their pricing models. AMarkets offers three types of accounts: Standard, Fixed, and ECN. The Standard and Fixed accounts have no commissions but wider spreads, while the ECN account has low spreads but commissions per lot.
IFC Markets offers two types of accounts: Standard and NetTradeX. The Standard account has no commissions but variable spreads, while the NetTradeX account has fixed spreads but commissions per trade.
AMarkets vs IFC Markets Account Types Comparison
Both brokers have different account types that cater to different trading styles and preferences. AMarkets has a minimum deposit requirement of $100 for all its accounts, while IFC Markets has a minimum deposit requirement of $1 for its Standard account and $1000 for its NetTradeX account. Both brokers offer Islamic accounts for Muslim traders who follow Sharia law.
AMarkets vs IFC Markets Deposit Options Comparison
Both brokers have multiple deposit and withdrawal options, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies. However, AMarkets has more options than IFC Markets, as it also accepts local payment methods such as WebMoney, Qiwi, Yandex Money, etc. Both brokers do not charge any fees for deposits or withdrawals, but third-party fees may apply.
AMarkets vs IFC Markets Trading Platforms Comparison
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as their main trading platforms, which are popular and user-friendly platforms that support various trading tools and features.
However, IFC Markets also offers its own proprietary platform called NetTradeX, which has some unique advantages such as synthetic instruments creation, portfolio trading, advanced order types, etc.
AMarkets vs IFC Markets Analytical Tools Comparison
Both brokers provide various analytical tools to help traders with their market analysis and decision making. These include economic calendars, news feeds, market sentiment indicators, trading signals, webinars, etc. However, AMarkets has more tools than IFC Markets, as it also offers market reviews, technical analysis reports, trading calculators, etc.
AMarkets vs IFC Markets . 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. However, you can consider some of the following factors to help you make your decision:
- If you value regulation and security, you may prefer AMarkets as it has a higher level of regulation and is a member of the Financial Commission.
- If you value diversity and abundance, you may prefer AMarkets as it has a larger number of trading assets and deposit/withdrawal options than IFC Markets.
- If you value flexibility and customization, you may prefer IFC Markets as IFC Markets has its own proprietary platform that allows you to create aggregators and trading portfolios.
- If you value simplicity and transparency, you may prefer IFC Markets as it has a fixed spread account with no hidden fees or commissions.
Ultimately, the best way to find out which broker is right for you is to try them out for yourself. You can open a demo account with both brokers and test their platforms, services and features without risking real money. This way you can compare them in practice and see which one meets your expectations and requirements.
