IFGM vs eXcentral

IFGM vs eXcentral Comparison Table 2024
IFGM eXcentral
2.6
eXcentral has closed.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Founded in 2012, IFGM is an Australian forex and CFD broker regulated by the Australian Securities and Investments Commission (ASIC). The broker offers a modest range of markets, with access to proprietary and third-party terminals available on desktop and mobile.

Trade FX, stocks, cryptos and commodities with powerful trading tools at eXcentral.

Comment by Reviewer
"IFGM is best for new or experienced MT4 traders looking to trade key assets with tight spreads, in exchange for a $200 minimum deposit. On the negative side, only Australian traders are accepted."
Pros
  • Decent range of free funding methods, including cards, bank wire and e-wallets, with low minimum deposits from $5
  • Access to the powerful MetaTrader 4 platform with hedging permitted and access to PAMM/MAM accounts
  • Thematic Investment Portfolio Service (TIPS) provides useful insights into DMA CFD instruments
  • Tight 0-pip spreads available with competitive commissions from $3.59
  • ASIC-regulated with strong reputation since 2012
Cons
  • Small range of instruments and trading vehicles compared to other brokers
  • Australian clients only
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$200 $250
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC CySEC, FSCA
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
Yes Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
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 No
Commodities
CFD Trading
Trade a small range of CFDs on commodities, indices and cryptocurrencies with commission-free trading available. You can also plan your CFD trades in the broker's free MT4 demo. Trade on 160+ CFD assets in the markets.
Leverage
1:500 1:30
FTSE Spread
Variable 6.4
GBPUSD Spread
Variable 1.4
Oil Spread
Variable 0.06
Stocks Spread
N/A Variable
Forex Trading
IFGM only offers 25+ currency pairs, which is below the market average. With that said, the broker does offer variable spreads from 0 pips and leverage up to 1:200 for retail traders. Trade on a mix of FX pairs with 1:30 leverage.
GBPUSD Spread
Variable 1.4
EURUSD Spread
Variable 0.9
EURGBP Spread
Variable 1.4
Assets
28 46
Cryptocurrency
With 5 major cryptocurrencies on offer, IFGM offer less crypto trading opportunities than other brokers. On a lighter note, traders will be reassured that the broker offers 24/5 customer support. Trade five crypto coins against the USD.
Spread
Floating Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
eXcentral has closed.
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