AMarkets vs IFC Markets

AMarkets vs IFC Markets Comparison Table 2024
AMarkets	IFC Markets
Review 2.8	Review 2.9

AMarkets is an established forex and CFD broker registered in the Cook Islands. Founded in 2007, the brokerage has over 1 million clients and is regulated in several offshore jurisdictions, including St Vincent and the Grenadines and Mwali. Over 1400 instruments are available on the popular MT4 and MT5 platforms.	IFC Markets is an STP broker that was founded in 2006 and has since gained 200,000 clients and several awards. This broker has some of the most interesting and wide-ranging additional tools, elevating its clients' trading experience via portfolio quoting, personal composite instruments and extensive analytics.
Bonus Offer
25% welcome deposit bonus	30% welcome bonus + 30% activity bonus
Comment by Reviewer
"The copy trading service at AMarkets will appeal to beginners while experienced traders will rate the wide range of trading products, including ETFs, bonds and cryptos."	"I recommend this firm to users looking for new speculative opportunities and strategies not available at most brokers, including a blockchain-based proprietary platform and a bespoke synthetic instrument development tool. That said, it's a shame that the firm is not regulated by a more reputable authority."
Pros
Cashback program with up to $17 rewarded for every lot traded, plus a VIP program with better trading conditions A range of trading tools including a calculator, economic calendar, and sentiment indicators Copy trading USD account with a $100 minimum deposit, leverage up to 1:500 and hedging Regular trading news, forex analysis and trading ideas in the broker's Telegram channel Micro Bitcoin (MBT) account available for beginners with a low 0.001 BTC deposit No fees for deposits and a range of fast methods, including crypto transfers Access to Autochartist analysis with signals and automated position entry	Users can choose from the powerful MT4, MT5 or the firm's proprietary NetTradeX platform for all assets I appreciate that the broker offers beginner-friendly Micro accounts with a minimum deposit of just $1 The brokerage supports a unique system that allows clients to develop their own synthetic instruments IFC Markets clients can trade more than 600 instruments with fixed or floating spreads from 0.4 pips Clients have a wide range of payment methods and base currencies to choose from
Cons
There are wider standard spreads than many competitors We found that educational materials trail alternatives No top-tier regulation reduces the trust score Withdrawal fees up to 1.8%	IFC Markets is regulated by the British Virgin Islands Financial Services Commission, a weak financial regulator I'm disappointed that several payment methods incur steep deposit and withdrawal fees of up to 20% GBP base currency isn't supported, so UK clients will have to pay hefty currency conversion fees
Awards
Best Value Broker Middle East 2020 - Global Forex Awards Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards Fastest Growing Broker 2013 - STP Broker Asia Best Educational Program 2011 - Show FX	Best Broker South East Asia 2020 - International Business Magazine
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
Yes	Yes
Minimum Deposit
$100	$1, ¥100
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Credit Card FasaPay Mastercard Perfect Money Skrill Venmo Visa Wire Transfer	Bitcoin Payments Bitwallet Credit Card JCB Card Mastercard Neteller Perfect Money Skrill Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA SVG	BVI FSC, SC, Labuan Financial Services Authority
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes (APIs)
Copy Trading
Yes	Yes
Copy Trading Platform
The copy trading service is a good option for newer traders and you can pick investors to follow based on their profitability, fees, number of followers and more. The $100 starting deposit is also accessible for beginners.	Follow and profit from top traders using IFC Market's copy solution.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes (Via Chartist Software)
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Stock Exchanges
	Dow Jones Nasdaq Shanghai Stock Exchange
Commodities
Gold Silver	Cocoa Coffee Copper Corn Cotton Gold Orange Juice Palladium Silver Soybeans Wheat
CFD Trading
Experienced traders can access leverage up to 1:1000 on a range of CFDs across metals, energies, indices and more. Beginners can also follow and copy successful CFD trades in the copy trading account.	IFC Markets clients can access CFDs across commodities, cryptos, indices and ETFs. I’m pleased to see that assets are all available on MT4, MT5 and NetTradeX with decent leverage rates of up to 1:400.
Leverage
1:1000	1:400
FTSE Spread
64	300
GBPUSD Spread
0.6	3
Oil Spread
3	12
Stocks Spread
Variable	Variable
Forex Trading
AMarkets offers a decent range of 42 majors, minors and exotics with low spreads from 0.2 pips in the ECN account. With that said, Standard account spreads come in at around 1.5 pips for EUR/USD, which is higher than the best forex brokers.	I like that there’s a decent range of 50+ major, minor and exotic forex pairs available at IFC Markets, with just a $1 minimum deposit. That said, spreads are fixed from 1.8 pips, which isn’t the lowest I’ve seen.
GBPUSD Spread
0.6	3
EURUSD Spread
0.3	1.8
EURGBP Spread
1.5	1.8
Assets
42	50
Currency Indices
	USD EUR GBP JPY CAD
Cryptocurrency
Access a decent range of crypto pairs against USD and deposit just 10 MBT to access the broker's Micro Bitcoin account. Deposit methods include Bitcoin, Binance Coin and Ethereum.	IFC Markets also boasts a good selection of 15 cryptocurrency CFD pairs and I’m particularly impressed to see Bitcoin futures on offer. The free demo account is an excellent place to start if you want to practice your crypto trading strategies.
Spread
From 30	50 pips
Coins
BTC BCH DSH ETC ETH LTC XRP	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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