Compare IFC Markets vs easyMarkets
What is IFC Markets? What is easyMarkets?
IFC Markets is a forex and CFD broker that was established in 2006 and is regulated by the FSC of the British Virgin Islands. It offers trading on various platforms, including MetaTrader 4, MetaTrader 5, and NetTradeX. It also provides access to a wide range of trading instruments, such as forex, metals, indices, commodities, stocks, ETFs, and synthetic instruments.
easyMarkets is a forex and CFD broker that was founded in 2001 and is regulated by the CySEC of Cyprus, the ASIC of Australia, and the FSA of Seychelles. It offers trading on its own web-based platform, as well as MetaTrader 4. It also provides access to a variety of trading instruments, such as forex, metals, indices, commodities, stocks, ETFs, options, and cryptocurrencies.
IFC Markets vs easyMarkets Regulation Comparison
Both brokers are regulated by reputable authorities in their jurisdictions. However, easyMarkets has more licenses than IFC Markets, which may indicate a higher level of trustworthiness and security for its clients.
easyMarkets is regulated by the CySEC of Cyprus (147/11), the ASIC of Australia (246566), and the FSA of Seychelles (19.09.2020). IFC Markets is regulated by the FSC of the British Virgin Islands (SIBA/L/14/1073) only.
IFC Markets vs easyMarkets Trading Assets Comparison
Both brokers offer a wide range of trading assets for their clients to choose from. However, IFC Markets has more trading assets than easyMarkets, which may indicate a higher level of diversity and flexibility for its clients.
IFC Markets offers over 600 trading instruments, including forex, metals, indices, commodities, stocks, ETFs, and synthetic instruments. easyMarkets offers over 200 trading instruments, including forex, metals, indices, commodities, stocks, ETFs, options, and cryptocurrencies.
IFC Markets vs easyMarkets Trading Fees Comparison
Both brokers charge different types of fees for their clients depending on their account types and trading platforms. However, easyMarkets has lower fees than IFC Markets in general, which may indicate a higher level of affordability and transparency for its clients.
easyMarkets charges fixed spreads starting from 0.9 pips on its web platform and 1 pip on MetaTrader 4. It also does not charge any commissions or hidden fees. IFC Markets charges variable spreads starting from 0.4 pips on MetaTrader 4 and MetaTrader 5 and from 0 pips on NetTradeX. It also charges commissions ranging from $0 to $15 per lot depending on the account type.
IFC Markets vs easyMarkets Account Types Comparison
Both brokers offer different account types for their clients to suit their preferences and needs. However, easyMarkets has simpler account types than IFC Markets, which may indicate a higher level of convenience and accessibility for its clients.
easyMarkets offers two account types: Standard and VIP. The minimum deposit for the Standard account is $25 and for the VIP account is $2,000. The maximum leverage for both accounts is 1:400. IFC Markets offers four account types: Beginner/Standard (MT4), Micro (MT4), Standard (MT5), and NetTradeX (NTX). The minimum deposit for the Beginner/Standard (MT4) account is $1 and for the other accounts is $300. The maximum leverage for all accounts is 1:400.
IFC Markets vs easyMarkets Deposit Options Comparison
Both brokers offer various deposit and withdrawal options for their clients to fund and withdraw their money from their accounts. However, easyMarkets has more deposit and withdrawal options than IFC Markets, which may indicate a higher level of convenience and flexibility for its clients.
easyMarkets accepts deposits and withdrawals via WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, BPAY, iDEAL, SOFORT, FasaPay, Crypto, Litecoin, giropay, Ethereum, Crypto Cash, Tether (USDT), and AstroPay. IFC Markets accepts deposits and withdrawals via WebMoney, Skrill, Wire transfer, Credit / debit cards, Neteller, UnionPay, CashU, Perfect Money, Crypto, bitwallet and AdvCash.
IFC Markets vs easyMarkets Trading Platforms Comparison
Both brokers offer different trading platforms for their clients to execute their trades and access various tools and features. However, easyMarkets has a more user-friendly and innovative trading platform than IFC Markets, which may indicate a higher level of functionality and performance for its clients. easyMarkets offers its own web-based platform, as well as MetaTrader 4. The web platform has a simple and intuitive interface, as well as features such as dealCancellation, free guaranteed stop loss, negative balance protection, fixed spreads, and no slippage. MetaTrader 4 is a popular and powerful platform that supports automated trading, advanced charting, technical analysis, and custom indicators.
IFC Markets offers MetaTrader 4, MetaTrader 5, and NetTradeX. MetaTrader 4 and MetaTrader 5 are similar to easyMarkets’ MetaTrader 4, but with some differences in terms of instruments, indicators, and order types. NetTradeX is a proprietary platform that allows traders to create their own synthetic instruments, as well as access advanced charting, technical analysis, and portfolio trading.
IFC Markets vs easyMarkets Analytical Tools Comparison
Both brokers offer various analytical tools for their clients to enhance their trading strategies and decisions. However, easyMarkets has more analytical tools than IFC Markets, which may indicate a higher level of support and education for its clients.
easyMarkets offers tools such as market news, economic calendar, trading charts, trading signals, market explorer, financial commentary, trading central, and dealCancellation. IFC Markets offers tools such as market news, economic calendar, trading charts, trading signals, market sentiment, portfolio quotation method, and personal composite instrument.
IFC Markets vs easyMarkets. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as it depends on your personal preferences, needs and goals. However, you can consider several factors that may help you decide, such as:
- Regulation: easyMarkets has more licenses than IFC Markets, which may indicate a higher level of trustworthiness and security for its clients.
- Trading assets: IFC Markets has more trading assets than easyMarkets, which may indicate a higher level of diversity and flexibility for its clients.
- Trading fees: easyMarkets has lower fees than IFC Markets in general, which may indicate a higher level of affordability and transparency for its clients.
- Account types: easyMarkets has simpler account types than IFC Markets, which may indicate a higher level of convenience and accessibility for its clients.
- Deposit and withdrawal options: easyMarkets has more deposit and withdrawal options than IFC Markets, which may indicate a higher level of convenience and flexibility for its clients.
- Trading platforms: easyMarkets has a more user-friendly and innovative trading platform than IFC Markets, which may indicate a higher level of functionality and performance for its clients.
- Analytical tools: easyMarkets has more analytical tools than IFC Markets, which may indicate a higher level of support and education for its clients.
Ultimately, the choice is yours. You can try out the demo accounts of both brokers to see which one suits you better. You can also read more reviews and feedback from other traders to get more insights.
