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اردو
XTRADE , IFC Markets Broker Comparison
Do you want to know which is the better broker between XTRADE and IFC Markets ?
In the table below, you can compare the features of XTRADE , IFC Markets side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
1.78
Not Regulated
Under guarantee
5-10 years
ASIC,CYSEC,FSCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
VIP,Premium,Platinum,Standard
--
$25,000
--
--
0.00
Fixed
--
--
2.96
Regulated
Under guarantee
5-10 years
FSCA,FSC
International Bank Transfer,VISA,MASTER,Mobile Money,African Local Bank,Crypto Currencies,Bitwallet,WebMoney,Volet (ADVCash),Domestic Transfer,Wire transfer
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Pro Micro,Classic Micro,Direct Nano,Classic Nano,ECN Standard,Pro Standard,Direct Micro,Direct Standard,MetaTrader 4 Classic Standard,NetTradeX Direct Standard,NetTradeX Classic Standard
--
15 USD
1:400
From 0.1
10.00
Floating
0.01
--
XTRADE 、 IFC Markets BrokerRelated News
XTRADE 、 IFC Markets BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do xtrade and ifc-markets have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
xtrade
| XtradeReview Summary | |
| Founded | 2022-07-18 |
| Registered Country/Region | Belize |
| Regulation | Exceeded(FSC)/Revoked(ASIC)/Suspicious Clone(CYSEC) |
| Market Instruments | CFDs, Indices, Commodities, Shares, Forex, ETFs, Bonds, and more |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 2 pips |
| Trading Platform | Xtrade(Web/Mobile/Tablet) |
| Min Deposit | $250(Standard account: $200) |
| Customer Support（24/7） | Email: info@xtrade-dm.net/support@xtrade-dm.net |
| Tel: +852 58080622 | |
| Fax: +61(2)99292055(Australia)/+44(0)2081049401(UK) | |
| Social Media: Facebook, Twitter, LinkedIn, Instagram, YouTube | |
Xtrade Information
Xtrade is an experienced online broker specializing in helping investors build diversified investment portfolios. Through Xtrade, investors can access multiple markets including CFDs, Indices, Commodities, Shares, Forex, ETFs, Bonds, and moreon the Xtradetrading platform. Xtrade also provides demo accounts and 4 live accounts with leverage starting from 1:400 on Forex, and this broker says it offers 24/7 customer support. However, Xtrade still has risks due to some comments about its high trading spread.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:400 | Exceeded(FSC)/Revoked(ASIC)/Suspicious Clone(CYSEC) |
| Demo account available | Some negative Comments |
| 24/7 customer support | Spreads from 2 pips |
| Various tradable instruments | MT4/MT5 available |
| accessible office website | |
| First deposit bonus up to $5000 |
Is Xtrade Legit?
It is relatively safe for investors to conduct financial activities in regulated entities. The regulatory information of this broker is as follows:
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
 | FSC | Xtrade International Ltd. | Common Financial Service License | IFSC/60/383/TS/15 | Exceeded |
 | ASIC | Xtrade International Ltd | Market Making(MM) | 343628 | Revoked |
 | CYSEC | Merba Limited | Market Making(MM) | 108/10 | Suspicious Clone |
What Can I Trade on Xtrade?
Traders can choose different investment directions because the broker provides traders with access toForex, CFDs, Indices, Commodities, Shares, ETFs, Bonds, and more.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Bonds | ✔ |
Account Type
Xtrade offers four account types. Traders who own more deposits can choose a VIP account, while those with a small budget can open a Standard account. If you are in between, you can choose the Premium account or the Platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Standard | Premium | Platinum | Vip |
| Minimum Deposit | $200 | $1000 | $5000 | $25000 |
| Minimum spread(EURUSD) | 5 pips | 3 pips | 3 pips | 2 pips |
| Commission Free Deposits | ✔ | ✔ | ✔ | ✔ |
| Demo account | ✔ | ✔ | ✔ | ✔ |
Xtrade Fees
The spread is from 2 pips. The spread is more than 1pips, which is relatively high and the liquidity is relatively poor.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified as well as gains.
Trading Platform
Xtrade provides a Proprietary platform available for web, mobile, and print versions. Traders can choose the method that suits them to access and conduct trading-related activities.
| Trading Platform | Supported | Available Devices | Suitable for |
| Xtrade APP | ✔ | Web, Mobile, Tablet | All traders |
Deposit and Withdrawal
The minimum amount to deposit is 250 USD. Xtrade accepts credit/debit cards, bank transfers, American Express, and more options for deposits and withdrawals.
Withdrawal requests take up to five business days to process. Third-party withdrawal payment methods (i.e. credit card company, wire transfer bank, or intermediary bank delays) In extreme cases, delays of 3 weeks
Bonus
Xtrade offers a first deposit bonus of up to $5000, a 100% bonus.
ifc-markets
| IFC Markets Review Summary | |
| Founded | 2005 |
| Registered Country/Region | The Virgin Islands |
| Regulation | LFSA, FSCA (Exceeded), CySEC (Revoked), FSC (Offshore Regulated) |
| Market Instruments | Indices, Forex, ETF, CFDs, Metals, Cryptocurrencies |
| Demo Account | ✅ |
| Social/Copy Trading | / |
| Leverage | 1:400 |
| Spread | 0.4 - 1.8 pips |
| Trading Platform | Net Trade X, MT4, MT5 |
| Minimum Deposit | $0 |
| Customer Support | Live Chat |
| Tel: +442039661649 | |
| Email: info@ifcmarkets.com | |
| Social media: Telegram, WhatsApp, FaceBook, Instagram, X, Linkedin, YouTube | |
| Address: 'AGP Chambers', 84 Spyrou Kyprianou Avenue, 4004 Limassol, Cyprus | |
IFC Markets Information
IFC Markets is a regulated broker founded in 2005 and registered in the Virgin Islands. It offers trading in Indices, Forex, ETF, CFDs, Metals, and Cryptocurrencies with leverage up to 1:400 and variable spreads via Net Trade X, MT4, and MT5 trading platforms. There is no minimum deposit.
Pros and Cons
| Pros | Cons |
| Regulated by LFSA | Limited info on trading conditions |
| Various trading assests | No info on deposit and withdrawal |
| MT4 and MT5 supported | |
| Live chat support |
WikiFX Field Survey
WikiFX field survey team visited IFC Markets's address is Cyprus, and we found its office on site, which means the company operates with an physical office.
Is IFC Markets Legit?
Yes, IFC Markets are legitimate. It is regulated by Labuan Financial Services Authority (LFSA) under IFC Markets Ltd, with license number MB/20/0049.
| Regulatory Status | Regulated By | Licensed Institution | License Type | License Number |
| Regulated | Labuan Financial Services Authority (LFSA) | IFC Markets Ltd | Straight Through Processing (STP) | MB/20/0049 |
| Exceeded | Financial Service Corporate (FSCA) | IFC MARKETS SA (PTY) LTD | Financial Service Corporate | 51818 |
| Revoked | Cyprus Securities and Exchange Commission (CYSEC) | IFCM Cyprus Ltd | Common Financial Service License | 147/11 |
| Offshore Regulated | British Virgin Islands Financial Services Commission (FSC) | IFCMARKETS. CORP. | Retail Forex License | SIBA/L/14/1073 |
What Can I Trade on IFC Markets?
| Tradable Instruments | Supported |
| Indices | ✔ |
| Forex | ✔ |
| ETF | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Cryptocurrency | ✔ |
| Stocks | ❌ |
| Equity | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Net Trade X | ✔ | Windows, MacOs, iOS, Android | / |
| MT4 | ✔ | Windows, MacOs, iOS, Android | Beginners |
| MT5 | ✔ | Windows, MacOs, iOS, Android | Experienced traders |
Do xtrade and ifc-markets have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive xtrade and ifc-markets are, we first considered common fees for standard accounts. On xtrade, the average spread for the EUR/USD currency pair is -- pips, while on ifc-markets the spread is From 0.1.
Which broker between xtrade, ifc-markets is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
xtrade is regulated by ASIC,CYSEC,FSCA. ifc-markets is regulated by FSCA,FSC.
Which broker between xtrade, ifc-markets provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
xtrade provides the VIP,Premium,Platinum,Standard platform with products like --; ifc-markets offers the Pro Micro,Classic Micro,Direct Nano,Classic Nano,ECN Standard,Pro Standard,Direct Micro,Direct Standard,MetaTrader 4 Classic Standard,NetTradeX Direct Standard,NetTradeX Classic Standard platform featuring assets including --.
