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IFCMarkets.com
In this comprehensive review, we delve into the operations of IFCMarkets.com, a forex broker that has been in business since 2006. Based in Tortola, British Virgin Islands, IFCMarkets offers a wide range of trading options for personal investment, including over 45 forex currency pairs, stocks, commodities, and cryptocurrencies like Bitcoin. The company operates on the MT4 and MT5 forex trading top platforms, providing its users with an extensive list of trading instruments. Investors can trade in a minimum size of 0.01 with a maximum leverage of 400:1. Remarkably, the platform allows for a minimum opening balance of just $1, making it accessible to a wide range of investors. IFCMarkets supports both web and mobile trading and offers a variety of deposit and withdrawal options, including Bank Wire, VISA, MasterCard, Bitcoin, and more. The company is regulated by BVI FSC and allows for various trading conditions such as EAs/Robots, News Trading, and Scalping. However, it's worth noting that the company has certain country restrictions. Overall, IFCMarkets.com provides a robust platform for forex trading, but as with any investment, potential users should thoroughly research and consider their options before diving in.
IFCMarkets is a renowned forex broker established in 2006 and based in Tortola, British Virgin Islands. The broker provides a wide array of trading options that cater to different investment strategies. With a minimum trade size of 0.01 and a maximum leverage of 400:1, it provides a flexible trading environment for both novice and experienced traders.
Trading Platforms
IFCMarkets offers three online trading platforms: MT4, MT5, and NetTradeX. These platforms are reputed for their user-friendly interfaces, advanced trading features, and compatibility with various devices. Both web and mobile trading are supported, allowing traders to manage their investments conveniently.
Trading Instruments
IFCMarkets provides a diverse range of trading options. Traders can choose from over 45 forex currency pairs, commodities, stocks, indices, and even cryptocurrencies like Bitcoin. In addition, it offers more than 620 CFDs, including gold, silver, oil, and other commodities. This wide variety ensures that traders can diversify their portfolios according to their risk tolerance and investment objectives.
Deposit and Withdrawal Methods
IFCMarkets supports various deposit and withdrawal methods, including Bank Wire, VISA, MasterCard, Bitcoin, bitwallet, CASHU, Neteller, Skrill, TC Pay, WebMoney, and Western Union. This provides traders with flexibility and convenience in managing their funds.
Trading Conditions
IFCMarkets supports various trading strategies including EAs/Robots, News Trading, and Scalping. This flexibility allows traders to implement their preferred investment strategies effectively.
Pros and Cons
Pros of trading with IFCMarkets include a wide range of trading options, flexible trading conditions, and diverse deposit and withdrawal methods. On the downside, the broker is not available in some countries, which limits its reach.
Scammer or Not
IFCMarkets is regulated by the BVI FSC, which adds credibility to its operations. However, traders should conduct their own due diligence before investing.
Safety Check
With its regulatory oversight and established history, IFCMarkets appears to be a safe platform for forex trading. However, as with any investment, there is always a degree of risk involved.
FAQ
Here are some frequently asked questions about IFCMarkets:
- What is the minimum trade size at IFCMarkets? The minimum trade size is 0.01.
- Does IFCMarkets support mobile trading? Yes, mobile trading is supported.
- What trading platforms does IFCMarkets offer? IFCMarkets offers MT4, MT5, and NetTradeX trading platforms.
For more information about IFCMarkets, or to leave feedback about your experience with the company, visit forexroboteasy.com. Please note that this is an independent review and is intended to provide neutral information about the broker.
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1 review
Embarking on my trading journey with IFCMarkets.com was initially aligned with profitability, but unexpectedly, my positive momentum took a sharp turn for the worse. I've been riding the successful trading wave for over a month, yet today my journey hit a sudden roadblock that shed light on some questionable practices. Amidst a normal trading day, a shocking event unfolded. An active trade was forcibly closed without having hit any margin or stop losses. Following this was the revelation of subtle discrepancies within the Euro versus US Dollar, 4-Hour charts. To substantiate my concerns, I compared six other brokers' charts taken at the same time. The inconsistencies of LQDFX's chart were glaring by comparison, and the ramifications it had on my specific trading strategy were quite detrimental to my account balance. To make matters worse, my encounter with the ‘50% Tradable Protection’ bonus turned out to be a nightmare. Diving deep into the details, one would discover it discreetly shackles 33% of your profit until you have traded 1,000 standard lots on a $1,000 account. This equates to a substantial cost of $20,000 from a 2-pip spread of EUR/USD. Suffice it to say that an enticing facade often conceals a malicious underbelly. Withdrawing funds from IFCMarkets.com proved to be a Herculean task, with two of my attempts through bank transfer being declined. The broker manager, who previously exerted continual efforts in constant communication, suddenly disappeared into oblivion at the first hint of trouble with my withdrawal. My pending complaint cases with CYSEC and FSA serve as a grim testament to their unreliable operations. To conclude, the credibility of IFCMarkets.com stands under heavy scrutiny. Their modus operandi screams of classic market manipulation techniques, especially evident when one consistently pulls off profitable trades. Unexplained changes in spread and leverage further sully their already tarnished reputation. If you're a long-term trader or a scalper, it would be wise to steer clear from IFCMarkets.com. Their alluringly packaged deals might seem attractive initially, but could potentially translate to a stressful trading experience in the long run. Reliability and transparency should be at the forefront of any broker, unfortunately, in my experience, IFCMarkets.com does not deliver on either.
1 review
Embarking on today’s exposé, I recollect with dismay the dawn of a fresh day when I was mercilessly scammed by none other than LQDFX. My previously successful trading account, filled with a month's worth of profitable trading glories suddenly became a victim of deception. Out of the blue, they prematurely closed a trade that neither touched the margin level nor invoked the stop loss. What aggravated the situation was an apparent manipulation of the EURUSD H4 candles, which deviated from the charts provided by other brokers. I questioned this anomaly and furnished them with charts from six different brokers for a direct comparison. A glaring distinction greeted me as the LQDFX chart stood uniquely different. This disparity significantly meddled with my trading method and resulted in monumental losses. Supporting my claim was compelling evidence in the form of a screenshot provided by a friend. His chart diverged greatly from mine raising questions about their credibility. Following my protest, I have yet to receive an explanation that accounts for these inconsistencies. At the very least, I demand the complete restoration of my money, as this incident reeks of malpractice and is diametrically opposed to ethical business norms. I urge fellow traders to steer clear of this financial precipice known as LQDFX. They further rubbed salt into my wounds by imposing a dubious 33% cut on my profit when wielding the 50% Tradable Protection bonus. They had cleverly disguised this as a bonus until the fine print revealed it as a pitfall. My hard-earned profits were held hostage under the guise of completing a colossal trading volume that far outweighed my account size. Dealing with this broker was clearly a case of entering a den of wolves in sheeps' clothing. Though I initially relished the indulgence of steady profits and smooth transactions, the sheen soon wore off when LQDFX's true colors were unveiled. My withdrawal requests faced inexplicable complications, pointing towards an underlying issue either with their servers or their intentions. Despite my best efforts, the response or rather, the lack of it, from the broker's side haunted me continuously. In comparison, my journey with EverFX was notably trouble-free. They prevailed as a knight in shining armor for traders like me, with a responsive customer support team led by Mrs. Claudia, low zero spreads on major pairs, and satisfactory leverage in their regular accounts. Lastly, withdrawing funds from LQDFX mutated into an arduous task, with decisions arbitrarily revoked, questions lazily responded to, and inquiries left wide open. What once had the makings of a promising broker-client relationship was eventually marred by their grave incompetence and negligent attitude. Their broker-manager’s inconsistent behavior added salt to the injury. He would leave incessantly every day previously but chose to turn a blind eye when professional intervention was necessary. I am left with no alternative but to file a complaint with CYSEC and FSA to seek a resolution. Consider this as a cautionary tale admonishing traders to remain a safe distance away from this deceptive broker. If you indulge in long-term trading or scalping, know that they may manipulate your spreads and leverage once they suspect consistent winning trades. As a trader, it’s vital to step into the trading arena armed with knowledge and vigilance, for these brokers come cloaked in veils of deception.
As a trader, finding a trusted broker with reliable charts is just as critical as taking an informed trading position. But despairingly, my experience with IFCMarkets.com broker feels like leading a profitable account into a sinkhole of scams. My once-flourishing account has been virtually sucked dry due to their opaque trading practices and dubious chart manipulations. Here's my horror story for the day: a well-performing trade, nowhere near margin or stop loss, was abruptly closed out. As if this wasn't unsettling enough, I noticed a glaring anomaly on EURUSD H4 candlestick charts; it was distinctly different from those of six other brokers, at the same hour! Spotting this was a jolting revelation of their stealthy maneuvers. IFCMarkets.com's rather conspicuous interference with my trading method has significantly impacted my financial health. Their not-so-subtle tweaking cost me a substantial sum. They have some serious justifications to provide for these actions, and I, for one, would demand a full refund - a mere bandage for their ethical indiscretions. But the scam doesn't end there. Their advertised 50% Tradable Protection bonus is nothing short of a masterfully designed trap to exploit traders. Before committing, carefully dissect the fine print - you'll be shocked to learn that you can't withdraw 33% of your profit unless you undertake a massive 1,000 standard lot trading volume, even for a $1,000 account. A totally unfair deal! Withdrawal issues, an essential part of any trading setup, further compound grievances with this broker. Despite multiple efforts, the modern trader will find executing transactions through familiar avenues, like Visa, an impossible task. The icing on this horror show? The absence of a reliable support system, one that remains silent and unresponsive to urgent requests, let alone regular queries. Compare their downgrades to reputable brokers like BDSwiss Global, and the gap widens. Trades on BDSwiss consistently delivered 25% more profits, even with comparable spread rates. Add to that the smooth withdrawal experience and responsive customer support. In comparison, it's glaringly clear where IFCMarkets.com stands. To say that I regret my association with this broker is an understatement. It was more than disappointment; it felt like a betrayal and an utter violation of trust. Invest your time and funds wisely, folks - stay away from this broker, especially if you're a scalper or planning to trade long-term. The chances are high that adjusts will be made to keep your steadily profitable account from making further gains. With the mounting evidence of their unfair practices, it's time this broker was made accountable. Reporting them to regulatory bodies like CYSEC and FSA is on my agenda next week. Remember, wanted or not, each trader is in this together - let's ensure that no other trader falls into the same pitfall I did.
1 review
If you ever find yourself looking for a reliable broker, it should go without saying that trustworthiness, transparency, and an unblemished track record should be non-negotiable. Unfortunately, my recent dealings with LQDFX broker have raised serious concerns over their credibility, and I feel obliged to share this experience with the wider trading community. From the get-go, my relationship with LQDFX broker started on a steady slope of profitability. For over a month, the account was flourishing, demonstrating a consistent positive performance. However, things took an unsavoury turn when they abruptly closed out a trade that had not reached the preset margin or stop loss. On further investigation, I identified manipulation within the EURUSD H4 candles, sending my trading strategies into chaos and inciting substantial losses. Six different real-time charts from various brokers at my disposal showed no such discrepancies, leaving no room for benefit of the doubt. I escalated to LQDFX with hard evidence including screenshots from a friend who was also using their platform, only to find our charts wildly inconsistent. This incident calls for urgent investigation, but at the very least, my desire is to see a full reimbursement for the mishap. LQDFX's suspect policies extend beyond platform manipulation, accompanied by alarming conditions, particularly concerning their 50% Tradable Protection Bonus. Simple mathematics shows that this scheme siphons off a staggering 33% of your profit, hidden behind a lengthy complex terms and conditions document that is purposefully discouraging to read. Stay clear of this enticing yet ultimately ruinous offer! Their withdrawal system is another red flag, fraught with countless pitfalls. My attempts to make what should have been straightforward withdrawals rather fell into limbo, swirling around endless strings of unfulfilled promises. My broker manager, who was once prompt and helpful, was conspicuously silent despite my numerous messages. The ordeal has made the whole withdrawal process distressing, making me question their operational efficiency, and indeed, their integrity. Comparatively, I manage multiple accounts across different platforms including BDSwiss Global and others, whose spreads are uniform, and profits and issue resolutions were noticeably quicker and more efficient. In several instances where the same trades were simultaneously opened on these platforms, I still made 25% more profit compared to LQDFX. In summary, I strongly advise fellow traders to tread cautiously with LQDFX broker, whose several shortcomings make for an unpleasant trading experience. Until they rectify their operational lapses and address the inconsistencies, my advice is to save yourself the headaches and look elsewhere for a more reliable platform.
A rather distressing episode with IFCMarkets.com has compelled me to alert potential investors regarding their somewhat dubious practice. Despite my account registering a profitable run for a month straight, this broker threw me a curveball this morning by prematurely terminating a trade, that neither breached margin limits nor hit a stop loss. In another disconcerting move, I noticed uncharacteristic fluctuations in the EURUSD H4 candles on their platform, a stark contrast to what six other reputable brokers were displaying simultaneously. This manipulation by IFCMarkets caused a drastic dent in my earnings, undermining my tried and tested trading tactics. Despite furnishing clear evidence to their support team, including irrefutable visual proofs from a fellow trader using the same platform, IFCMarkets has yet to offer any plausible explanation for these discrepancies. This ordeal has resulted in a significant loss, urging me to demand a full refund from the company. Morally, this deviation from accepted practices is quite distressing. Hence, I implore traders to exercise caution when dealing with IFCMarkets. Additionally, those enticed by their 50% Tradable Protection bonus, beware! The fine print reveals you could end up surrendering 33% of your earnings till you hit a trading volume of 1,000 standard lots for a $1,000 account. This convoluted requirement pushed me further away from this brokerage service. My discontentment extended to withdrawal requests. The platform couldn't process a $100 withdrawal via Visa, insisting on bank transfers for a simple withdrawal attempt. This haphazardness, coupled with system errors interfered with trading operations at crucial moments, providing more reasons for potential traders to steer clear of IFCMarkets. To further elucidate, the same trades when run on different platforms such as BDSwiss Global depicted a stark difference in profits, leaving me short-changed yet again. When navigating withdrawal issues, their customer service was less than useful. Despite communicating to them regarding my concerns, a solution is yet to materialize. To summarise, IFCMarkets.com has proven itself as a classic market maker who has no qualms in juggling spread and leverage once a trader starts logging consistent wins. This review aims to serve as a cautionary note for investors planning long term trades or engaging in scalping practices. Be proactive, protect your assets, and tread carefully while dealing with such entities.
Trading with integrity has been compromised! This review outlines my horrendous experience with IFCMarkets.com. A profitable trading relationship ended in tatters when this broker shamelessly strong-armed me, going as far as manipulating market data on EURUSD H4. This ostensibly reputable firm shook my trust when they unjustifiably closed out my trade without hitting the margin or a stop loss. Miraculously, my account, which had been performing exceptionally well for over a month, suddenly plummeted. The irregularity was confirmed when I cross-referenced EURUSD H4 charts from six other brokers, IFCMarkets.com stood out like a sore thumb with evidently manipulated candles. Following my plight, I promptly sent an email to their support team, complete with evidence of their fraudulent activity. The most damning evidence was a screenshot from a fellow trader whose charts showed a drastic difference to mine. It's devastating how this serious discrepancy caused me to incur such significant financial loss. Their supposed "50% Tradable Protection Bonus" is nothing more than a ploy for them to pocket 33% of your profit. I dug deeper and found that under this so-called protection scheme, I couldn't withdraw a third of my profit until I traded 1.000 standard lot for a 1.000 USD account. A blatant scam, to say the least! Ludicrous withdrawal issues add another layer to this dismal experience. My attempt to withdraw $100 via Visa was thwarted, instead, they insisted on making withdrawals to my bank account. As if this isn't distressing enough, they also compromised on their server reliability, causing preventable losses on active trades. Drawing on my experience, this review could be your much-needed wake-up call. Keep yourself protected, avoid IFCMarkets.com at all costs, and ensure a secure, fair, and transparent trading environment elsewhere. Other brokers like Everfx maintain excellent support, no-nonsense trading conditions, and transparent withdrawal options. Everfx served me well, and their service has shown that brokers can indeed operate uprightly. They offered low zero spreads on major pairs, candid customer service, and an overall decent trading experience without fallouts. Regrettably, other brokers weren't so straightforward. Even when operating under similar trading conditions, BDSwiss Global kept returning lower profits, roughly 25% less. Further attempts to address the predicament with their customer service proved fruitless. The process of withdrawing my funds turned into a Kafkaesque ordeal, with the broker manager conveniently ghosting me in my time of need. In light of these glaring discrepancies and shoddy customer service, it’s clear that IFCMarkets.com works under classic market maker tactics. They aren't shy to tweak spreads and leverage to their advantage the moment they notice consistent winning trades. This in-depth review is a hard-learned lesson and a stern warning to all traders to conduct thorough due diligence before engaging with any broker. As it stands, IFCMarkets.com is a wolf in sheep’s clothing. Consider yourself warned!
1 review
As a seasoned trader, I've navigated the deep waters of Forex markets for a long time, always meticulously analysing the online brokers I chose to partner with. Unfortunately, my recent experience with the allegedly reputable IFCMarkets.com turned out to be a nightmare dressed as a profitable dream. For over a month, my trading account flourished with profitable results every day. But, as they say, all good things must come to an end. Unexpectedly, the broker preemptively closed my trade that hadn't even reached its margin or stop loss. Suddenly, my fortune took a turn for the worse. What was perceived to be a blip, soon revealed itself as a more sinister operation. I discovered discrepancies in the chart records for EURUSD H4. To validate my suspicions, I cross-referenced this data with six other respected brokers and found alarming inconsistencies. This manipulation resulted in a substantial blow to my trading capital, leaving me at a considerable loss. But the rabbit hole went deeper. The chart displayed on a friend's interface, who also uses the same broker, looked completely different from mine. As an experienced trader, I couldn't help but smell foul play. Unwilling to turn a blind eye, I promptly reached out to their customer support with all the concrete evidence I had gathered. Seeking an explanation, and at the very least, a refund for my loss. Unfortunately, this was not to be the end of my troubles with IFCMarkets.com. In addition to this, a sting in the tail awaited me. If you opt for their 50% tradable protection bonus, unbeknownst to many, they sneakily claim 33% of your profit. Despite their claims of this being a benefit, it struck me as a patronising attempt to scam hardworking traders. In response to my complaints, their customer service proved to be ineffective and inordinately slow. Furthermore, my repeated attempts to withdraw my funds were met with obstacles and endless red tape. I now find myself stranded in an endless maze of unresponsiveness and bureaucracy, left waiting for my deserved refund. In my time as a trader, I've dealt with good and bad brokers, but IFCMarkets.com takes the cake for being a wolf in sheep's clothing. Evaluating all this, my advice to fellow traders is to steer clear of this broker. If you value your hard-earned profits and peace of mind, look elsewhere and avoid falling into the trap that I unluckily fell into.