Compare IFC Markets vs NSFX
What is IFC Markets? What is NSFX?
IFC Markets is a global online trading broker that was founded in 2006 and is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and Cyprus Securities and Exchange Commission (CySEC). It offers over 650 trading instruments, including forex, CFDs, stocks, commodities, indices and cryptocurrencies. It also provides a unique feature called the GeWorko Method, which allows traders to create their own synthetic instruments from a combination of assets.
NSFX is a Maltese regulated investment services provider that was founded in 2010 and operates under European and Maltese regulations. It services the English, French, German, Italian and Arabic speaking markets. It offers forex trading, as well as CFDs on commodities, indices and cryptocurrencies. It also provides ECN technology, which ensures fast and transparent execution under any market conditions.
IFC Markets vs NSFX Regulation Comparison
Both brokers are regulated by reputable authorities in their respective jurisdictions. IFC Markets is licensed by the BVI FSC (license number: SIBA/L/14/1073) and CySEC (license number: 284/15). NSFX is authorized by the Malta Financial Services Authority (MFSA) as a MiFID firm and holds a Category 3 Investment Services License (license number: IS/56519).
Both brokers are also compliant with the EU’s Markets in Financial Instruments Directive (MiFID), which sets the standards for investor protection, market transparency and fair competition across the European Economic Area (EEA).
Both brokers also contribute to the Investor Compensation Scheme in their respective countries, which serves as a safety net for eligible investors in case of insolvency of the broker. IFC Markets offers compensation of up to €20,000 per client, while NSFX offers compensation of up to 90% of the claim or €20,000, whichever is lower.
IFC Markets vs NSFX Trading Assets Comparison
Both brokers offer a wide range of trading instruments, covering various markets and asset classes. However, IFC Markets has an edge over NSFX in terms of the number and diversity of instruments available.
IFC Markets offers over 650 trading instruments, including 50 currency pairs, 400+ stock CFDs, 8 commodity CFDs, 4 metal CFDs, 10 index CFDs and 4 cryptocurrency CFDs. It also allows traders to create their own synthetic instruments using the GeWorko Method, which can combine any assets from different markets into a single portfolio.
NSFX offers around 60 trading instruments, including 50 currency pairs, 3 commodity CFDs, 6 index CFDs and 1 cryptocurrency CFD. It does not offer stock CFDs or synthetic instruments.
IFC Markets vs NSFX Trading Fees Comparison
Both brokers charge competitive fees for their trading services, but they differ in their pricing models and spreads.
IFC Markets offers two types of accounts: Fixed Spread Account and Floating Spread Account. The Fixed Spread Account has fixed spreads starting from 1.8 pips on major currency pairs and no commissions. The Floating Spread Account has variable spreads starting from 0.4 pips on major currency pairs and commissions ranging from $15 to $30 per million traded depending on the instrument.
NSFX offers three types of accounts: Standard Account, Professional Account and ECN Account. The Standard Account has fixed spreads starting from 3 pips on major currency pairs and no commissions. The Professional Account has variable spreads starting from 0.9 pips on major currency pairs and commissions of $8 per lot round turn. The ECN Account has variable spreads starting from 0 pips on major currency pairs and commissions of $8 per lot round turn.
IFC Markets vs NSFX Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. However, they have different minimum deposit requirements and leverage levels.
IFC Markets offers two account types: Fixed Spread Account and Floating Spread Account. The minimum deposit for both accounts is $1 and the maximum leverage is 1:400 for forex and metals, 1:40 for stock CFDs and indices, and 1:2 for cryptocurrencies.
NSFX offers three account types: Standard Account, Professional Account and ECN Account. The minimum deposit for the Standard Account is $300, for the Professional Account is $3,000 and for the ECN Account is $5,000. The maximum leverage is 1:30 for forex and metals, 1:20 for indices and commodities, and 1:2 for cryptocurrencies.
IFC Markets vs NSFX Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal options for their clients, including bank wire transfer, credit/debit cards, e-wallets and local payment methods. However, they have different processing times and fees.
IFC Markets accepts deposits and withdrawals via bank wire transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, Perfect Money, OKPay, QIWI and FasaPay. The processing time for deposits is instant for most methods, except for bank wire transfer which can take up to 3-5 business days. The processing time for withdrawals is up to 24 hours for e-wallets and up to 3-5 business days for bank wire transfer and cards. The broker does not charge any fees for deposits or withdrawals, but the payment providers may apply their own fees.
NSFX accepts deposits and withdrawals via bank wire transfer, Visa, Mastercard, Skrill, Neteller and Rapid Transfer. The processing time for deposits is instant for most methods, except for bank wire transfer which can take up to 3-5 business days. The processing time for withdrawals is up to 24 hours for e-wallets and up to 3-5 business days for bank wire transfer and cards. The broker does not charge any fees for deposits or withdrawals, but the payment providers may apply their own fees.
IFC Markets vs NSFX Trading Platforms Comparison
Both brokers offer multiple trading platforms for their clients, including web-based, desktop and mobile versions. However, they have different features and functionalities.
IFC Markets offers two main trading platforms: MetaTrader 4 (MT4) and NetTradeX. MT4 is a popular and widely used platform that supports automated trading, custom indicators, charting tools and market news. NetTradeX is a proprietary platform that offers advanced features such as the GeWorko Method, portfolio trading, order types and risk management tools. Both platforms are available as web-based, desktop and mobile versions.
NSFX offers two main trading platforms: MetaTrader 4 (MT4) and JForex. MT4 is the same platform as offered by IFC Markets, with the same features and functionalities. JForex is a proprietary platform that offers ECN technology, tight spreads, fast execution, market depth, charting tools and automated trading. Both platforms are available as web-based, desktop and mobile versions.
IFC Markets vs NSFX Analytical Tools Comparison
Both brokers offer various analytical tools and resources for their clients, including market news, economic calendar, trading signals, technical analysis and educational materials. However, they have different quality and quantity of these tools.
IFC Markets offers a comprehensive range of analytical tools and resources on its website and platforms. These include market news from Reuters and Trading Central, economic calendar from FXStreet, trading signals from Autochartist and Trading Central, technical analysis from Trading Central and NetTradeX Advisors, educational materials such as articles, videos, webinars and e-books, as well as a glossary of terms and FAQs.
NSFX offers a limited range of analytical tools and resources on its website and platforms. These include market news from FXWirePro and FXStreet, economic calendar from FXStreet, trading signals from ZuluTrade (only available for Professional Account holders), technical analysis from Trading Central (only available for Professional Account holders), educational materials such as articles and videos (only available in English), as well as a glossary of terms.
IFC Markets vs NSFX. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite, budget and level of experience. You can compare the features, benefits, and limitations of each broker and decide which broker is right for you.
You can also research and read user reviews to better understand the quality and reputation of each broker. Ultimately, the best forex broker for you is the one that meets your needs and expectations.
