IFS Markets Review – Is it a Scam or Legit Broker (2024)

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this IFS Markets Review, we are going to take a look at the offer that this broker prepared for its traders. IFS Markets is regulated by the ASIC in Australia. IFS Markets operates on the financial market since 2008. When it comes to trading platforms, the broker features MetaTrader 4. The IFS Markets minimum deposit is 100 USD.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

Basic information from this IFS Markets Review

Website address:https://ifsmarkets.com/
Operated by: IFS Group
Licensed and authorised by regulatory bodies:ASIC
Supported languages:English
Customer support available via:E-mail, phone
Contact details:[email protected] +442 03973 7948
Available deposit methods:Bank transfer, Debit and Credit Cards, Skrill, Neteller, FasaPay
Available withdrawal methods:Bank transfer, Debit and Credit Cards, Skrill, Neteller, FasaPay
Minimum deposit:100 USD
Min. trade in lots:0.01
Spreads:Variable
Tradable assets:
Might be a CFD.
Forex, commodities, indices
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:400
Social trading:No

Random reviews of competing FX & CFD brokers: Kridex, TurboForex, LetsTrade and GFCInvestment

Frequently Asked Questions

🧐 Is IFS Markets a Scam?

IFS Markets is a broker licensed and regulated by the ASIC. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that IFS Markets is not a scam, read our trader reviews and check other popular trading related websites and forums.

🆓 What is the IFS Markets minimum deposit?

In order to start trading with IFS Markets, you have to deposit at least 100 USD (Trading accounts can also be held in AUD, USD, GBP, EUR, SGD).

📵 What deposit and withdrawal methods IFS Markets supports?

IFS Markets allows funding your account via Bank transfer, Debit and Credit Cards, Skrill, Neteller, FasaPay.

⚖️ Would you recommend me choosing IFS Markets?

We don’t have our own personal experience with IFS Markets. However, because the broker is regulated by the ASIC, there is a high chance that it is not a scam. With that being said, it still does not mean that IFS Markets is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.

Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
CySECASIC £/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
FCACySECASIC £/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money

¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.

3 Comments

  • I have been trading with IFS and have money in there but it is very difficult to withdraw as they keep asking for Taxes and Government fees etc… I am convinced it is a scam to stop you withdrawing your money

  • I have been trading with IFS and have money in there but it is very difficult to withdraw as they keep asking for Taxes and Government fees etc… I am convinced it is a scam to stop you withdrawing your money

    leave a reply
    Same thing happened to me

  • I have traded with IFS, put money in almost 6K I am ashamed even to say it.
    Never got a penny out, have to walk away.
    You will not meet anyone who got funds out.
    RUN

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