IFC Markets vs Alpari

IFC Markets vs Alpari Comparison Table 2024
IFC Markets	Alpari
Review 2.9	Review 3.8

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.	Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.
Bonus Offer
30% welcome bonus + 30% activity bonus	30% up to $100 (terms apply)
Comment by Reviewer
"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."	"Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."
Pros
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	Low or no commissions are available and there are tight spreads on ECN accounts There's an excellent choice of funding options with no fees Cashback schemes are available for high-volume traders Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs) Copy trading and PAMM services are also available for day traders The broker offers high leverage up to 1:1000 for experienced clients
Cons
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	The lack of educational resources is disappointing compared to alternatives There are fairly high charges for strategy manager copy trading tools The market analysis and research tools are limited
Awards
Best Broker South East Asia 2020 - International Business Magazine
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds	Forex, CFDs, Stocks, Commodities, Indices, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$1, ¥100	$5
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Bitcoin Payments Bitwallet Credit Card JCB Card Mastercard Neteller Perfect Money Skrill Visa WebMoney Wire Transfer	ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
BVI FSC, SC, Labuan Financial Services Authority	FSC, SEBI, JFSA
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
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	Yes
Mobile Apps
Yes	iOS & Android
Android App Rating
	3.6
iOS App Rating
	3.6
Auto Trading
Yes (APIs)	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Follow and profit from top traders using IFC Market's copy solution.	Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals.
Social Trading
Yes	No
Trade Signals
Yes (Via Chartist Software)
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$5
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP CZK NGN
Stock Exchanges
Dow Jones Nasdaq Shanghai Stock Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Cocoa Coffee Copper Corn Cotton Gold Orange Juice Palladium Silver Soybeans Wheat	Gold Natural Gas Silver
CFD Trading
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.	Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service.
Leverage
1:400	1:1000
FTSE Spread
300	13
GBPUSD Spread
3	0.7
Oil Spread
12	4.0
Stocks Spread
Variable	2.0
Forex Trading
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.	Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available.
GBPUSD Spread
3	0.7
EURUSD Spread
1.8	0.4
EURGBP Spread
1.8	0.6
Assets
50	50+
Currency Indices
USD EUR GBP JPY CAD	USD
Cryptocurrency
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.	Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends.
Spread
50 pips	1
Coins
BTC	AVE BTC BCH ADA LINK DAI DOGE EOS ETH ECH FIL LTC XMR DOT XRP MATIC SOL XLM USDT TRON UNI USDC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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