Compare IFC Markets vs N1CM
What is IFC Markets? What is N1CM?
IFC Markets is an online broker that offers trading services in forex, CFDs, commodities, indices, stocks, ETFs and cryptocurrencies.
N1CM is also an online broker that offers trading services in forex, CFDs, metals, energies and cryptocurrencies.
IFC Markets vs N1CM Regulation Comparison
IFC Markets is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and the Cyprus Securities and Exchange Commission (CySEC). N1CM is regulated by the Vanuatu Financial Services Commission (VFSC) and the Financial Services Authority of Saint Vincent and the Grenadines (FSA SVG).
IFC Markets vs N1CM Trading Assets Comparison
IFC Markets has more than 600 trading instruments, including over 50 currency pairs, more than 400 stock CFDs, 4 commodity CFDs, 8 index CFDs, 18 ETF CFDs and 6 cryptocurrency CFDs.
N1CM has over 250 trading instruments, including over 60 currency pairs, more than 100 stock CFDs, 12 commodity CFDs, 15 index CFDs and 4 cryptocurrency CFDs.
IFC Markets vs N1CM Trading Fees Comparison
IFC Markets charges variable spreads and commissions depending on the account type and the trading instrument. The average spread for EUR/USD is 1.8 pips on the Standard account and 0.4 pips on the NetTradeX account. The commission for stock CFDs is 0.1% of the trade value on both accounts.
N1CM charges variable spreads and no commissions on all account types. The average spread for EUR/USD is 1.6 pips on the Standard account, 0.6 pips on the ECN account and 0 pips on the Zero Spread account.
IFC Markets vs N1CM Account Types Comparison
IFC Markets offers two account types: Standard and NetTradeX. The minimum deposit for both accounts is $1. The maximum leverage for both accounts is 1:400 for forex and 1:40 for CFDs. The minimum trade size for both accounts is 0.01 lots.
N1CM offers three account types: Standard, ECN and Zero Spread. The minimum deposit for the Standard account is $100, for the ECN account is $500 and for the Zero Spread account is $1000. The maximum leverage for all accounts is 1:1000 for forex and 1:200 for CFDs. The minimum trade size for all accounts is 0.01 lots.
IFC Markets vs N1CM Deposit Options Comparison
IFC Markets supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet and Bitcoin.
N1CM also supports various deposit and withdrawal options, including bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, WebMoney, Perfect Money and Bitcoin.
IFC Markets vs N1CM Trading Platforms Comparison
IFC Markets provides two trading platforms: MetaTrader 4 (MT4) and NetTradeX. MT4 is a popular and user-friendly platform that supports multiple charting tools, indicators, expert advisors and automated trading. NetTradeX is a proprietary platform that offers advanced features such as synthetic instruments creation, portfolio trading and risk management tools.
N1CM also provides two trading platforms: MT4 and MT5. MT5 is an upgraded version of MT4 that supports more instruments, order types, indicators and analytical tools.
IFC Markets vs N1CM Analytical Tools Comparison
Both brokers provide various analytical tools and resources for their clients, such as economic calendars, market news, trading signals, webinars, tutorials and educational materials. However, the quality and quantity of these tools may vary depending on the platform and account type chosen.
IFC Markets offers live news from Thomson Reuters, technical analysis from Trading Central, market sentiment indicators and portfolio quotation methods on NetTradeX platform. N1CM offers trading signals from MQL5 community, market analysis from Trading Central and Autochartist, and copy trading service on MetaTrader platforms.
IFC Markets vs N1CM. 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 consider them carefully before making your choice.
You should also visit the official websites of the brokers and read their terms and conditions, policies and reviews from other traders. Ultimately, the best broker for you is the one that meets your needs and expectations.