BrokAIr Reviews

Ifc Markets Review

"Ifc Markets offers some of the lowest trading fees in the industry, but are these fees too low to provide quality service and trustworthiness? Is Ifc Markets really as good as they say it is?"

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Overview of IFC Markets

IFC Markets is an international online broker based in Cyprus. It is a regulated and registered broker with CySEC, FCA and MiFID, making it one of the most trustworthy and secure online brokerages. Founded in 2006 by Andrey Dashin, IFC Markets offers its customers access to over 250 financial instruments including currencies, commodities, cryptocurrencies, stocks, indices, metals and energy products.

Pros and Cons of IFC Markets

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Public Opinion of IFC Markets

Generally speaking, users have expressed positive sentiment towards IFC Markets. Customers have praised their customer service team for being helpful, responsive and knowledgeable. The wide range of financial instruments available has been well-received by traders. Furthermore, the competitive spreads and commissions have been highlighted as a major positive by users. On the other hand, some users have complained about the lack of advanced trading tools and limited support for mobile trading. Additionally, some customers have reported difficulty withdrawing funds from their accounts.

Founders of IFC Markets

IFC Markets was founded in 2006 by Andrey Dashin. Mr Dashin has a Master's degree in Economics from the University of St Petersburg, Russia. He has more than 15 years' experience in the global financial markets and has held various roles at large financial institutions such as Credit Suisse First Boston. After leaving Credit Suisse First Boston in 2006 he established his own brokerage firm - IFC Markets - which has since become one of the leading online brokers.

Newsworthy Events Around IFC Markets

In April 2020, IFC Markets announced that they had increased their range of cryptocurrency CFDs to include Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). In July 2020, IFC Markets launched their new website which included improved design and user interface. In October 2020, IFC Markets was awarded "Best Trading Platforms" at the Global Forex Awards 2020. Additionally, in December 2020, IFC Markets announced that they had been granted a European Investment Firm license from CySEC.