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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

IFS Markets

Australia|5-10 years| Benchmark AA|
White label MT4|Regional Brokers|High potential risk|

https://www.ifsmarkets.com/

Website

Rating Index

Benchmark

Benchmark

AA

Average transaction speed (ms)

236 Perfect

MT4/5

White Label

IFSMarkets-Demo

United States
MT4
2
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:AAA

Slippage:AA

Cost:B

Disconnected:B

Rollover:B

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
IFSMarkets-Demo MT4
Server Location United States

Contact

+612 9048 3800
service@ifsmarkets.com
https://www.ifsmarkets.com/
93, B-1Canal Park, Gulberg -II, Lahore

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02

Contact number

English

+612 9048 3800

Other ways of contact

Broker Information

More

Company Name

IFS Markets

Abbreviation

IFS Markets

Platform registered country and region

Australia

Company website
Facebook
YouTube

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 20 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The AustraliaASIC regulation (license number: 323193) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

IFS Markets · WikiFX Survey
IFS Markets · Benchmark
Average transaction speed(ms)
236 Perfect
The highest transaction speed(ms)
188
The highest speed of opening positions(ms)
188 Good
The highest speed of closing position(ms)
188 Good
The lowest speed of opening positions(ms)
1656 Good
The lowest speed of closing position(ms)
1754
10.82USD/Lot Great
36.61USD/Lot Good
Long: -6.82USD/Lot    Short: 1.46USD/Lot
Long: -34.56USD/Lot    Short: 17.91USD/Lot Poor
Average slippage
-3.6 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.6 Great
Average reconnection time (millisecond/per request)
41.8
Ranking: 50 / 132
Test user 132
Orders 7,119
Ocuppied margin $1,602,288 USD
Data Source WikiFX Data provide
Updated: 2024-09-06 01:00:00

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IFS Markets · Company Summary

General Information & Regulation

IFS Markets is an online forex and commodities trader, founded in 2008 and is headquartered in Sydney, Australia. IFS Markets a registered trading name of IFS Markets Pty Ltd, and the company is fully licensed by the Australian Securities and Exchange Commission (ASIC) (regulatory certificate number 323193). IFS Markets doesn't accept traders from United State of America.

Market Instruments of IFS Markets

The company provides investors with mainstream and popular tradable instruments on the global financial market, including forex (providing 45 pairs of various mainstream and cross-currency exchanges), indices (from 14 popular stock indices on the world's largest stock market), commodities (gold, silver, crude oil), etc.

Minimum Deposit of IFS Markets

IFS Markets provides different types of accounts for different traders to meet their investment needs and investment strategies. There are two types of accounts: the Standard Account and the Professional Account. The minimum deposit for Standard Accounts is $100, and the minimum deposit for Professional Accounts is $300.

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Leverage of IFS Markets

The maximum leverage available for forex products is from1:1 to 1:400, gold 1:100, silver 1:50. IFS Markets has no restrictions on trading strategies so hedging, expert advisors and scalping strategies are allowed.

Spreads & Commission Fees of IFS Markets

The standard account does not charge commissions, only the spread fee, and the main spread starts at 1.1 pips. The spread of the pro accounts starts at 0 pips, and $7 will be charged per 10,000 contract. Swap rates will be considered as a cost. Wednesday is a 3-day interest day. See the following swap rates table:

ITEM LONG SHORT
EURUSD -$5.28 $0.20
GBPUSD -$5.27 -$3.86
AUDUSD -$3.65 -$2.79
USDJPY -$2.12 -$4.50

Trading Platform of IFS Markets

IFS Markets provides investors with an MT4 trading platform. Traders only need one account and one platform to access the forex, indices, and commodity CFD markets, creating a complete and high-efficiency trading software. Through MT4, traders can also get trading signals, the MetaTrader market, and the global community of fellow traders. The platform is seamlessly used for algorithmic trading, and these robots are directly applied to the chart chosen by the trader. MT4 is available for web versions and can be download at the same time. Besides, the company also provides MAM multi-account fund management, which allows users to access multiple MT4 accounts simultaneously.

Deposit & Withdrawal

The company provides many deposit and withdrawal options. The deposit and withdrawal options include VISA/MASTERCARD credit card debit card (accepting AUD, USD, JPY, EUR, NZD, BGP,CAD SGD, deposit fees are 2%, instant arrival, free withdrawal, 1-2 working days to process ), online banking (accepting RMB, THB, IDR, MYR and VND, no deposit and withdrawal fees, usually 1-2 working days to process withdrawal ), wire transfer (supporting AUD, USD, SGD, BGP, EUR, no deposit and withdrawal fees, 2-5 working days to process), POLI (accepting AUD, no deposit fees, instant arrival), Skrill (accepting AUD, USD, EUR, BGP, SGD , Charge 2% deposit fee, instant arrival, no deposit fee, 1-2 working days to process), NETELLER (accepting AUD, US dollars, EUR, BGP, SGD, 2% deposit fees, instantaneous receipt, no withdrawal fees, 1-2 working days to process), Fasapay (accepting USD, EUR, no deposit and withdrawal fees, instant arrival), DragonPay (free deposit and withdrawal, accepts PHP, instant processing), Bitcoin (a fee of 1.5% is charged for deposits, bitcoin is accepted, and processed instantly).

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