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MONEY SQUARE , IFC Markets Broker Comparison

Do you want to know which is the better broker between MONEY SQUARE and IFC Markets ?

In the table below, you can compare the features of MONEY SQUARE , 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 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.98
Regulated
Not Guaranteed
--
--
10-15 years
FSA
Not Supported
Not Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
2.96
Regulated
Not Guaranteed
5-10 years
FSCA,FSC
Supported
Supported
International Bank Transfer,VISA,MASTER,Mobile Money,African Local Bank,Crypto Currencies,Bitwallet,WebMoney,Volet (ADVCash),Domestic Transfer,Wire transfer
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
15 USD
1:400
From 0.1
10.00
Floating
0.01
--
Score
Regulatory Status
Regulated
Regulated

IFC Markets BrokerRelated News

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 money-square 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

money-square
MONEY SQUARE Review Summary
Founded2015
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, CFDs
Demo Account
LeverageUp to 1:25
SpreadFrom 0.1 pips
Trading PlatformProprietary platform
Min Deposit0
Customer SupportTel: +81 03-3470-5050
X, YouTube, LINE, Instagram

MONEY SQUARE Information

Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.

MONEY SQUARE's homepage

Pros and Cons

Pros Cons
FSA-regulated with long establishmentLimited trading products
Demo accountsNo MT4/MT5 platform
No minimum depositLimited payment options
Only accept Japanese Yen for deposits and withdrawals

Is MONEY SQUARE Legit?

Yes. MONEY SQUARE is regulated by Financial Services Agency (FSA).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Japan
Financial Services Agency (FSA)Regulated 株式会社マネースクエアRetail Forex License関東財務局長(金商)第2797号
Regulated by FSA

What Can I Trade on MONEY SQUARE?

Tradable Instruments Supported
Forex
CFDs
Bonds
Options
ETFs

Leverage

The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

MONEY SQUARE Fees

MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.

No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Proprietary platformWindows, Mac, iPhone, Android/
MT4/Beginners
MT5/Experienced traders
Proprietary platform

Deposit and Withdrawal

The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.

Deposit and Withdrawal
ifc-markets
IFC Markets Review Summary
Founded 2005
Registered Country/RegionThe Virgin Islands
RegulationLFSA, FSCA (Exceeded), CySEC (Revoked), FSC (Offshore Regulated)
Market InstrumentsIndices, Forex, ETF, CFDs, Metals, Cryptocurrencies
Demo Account
Social/Copy Trading/
Leverage1:400
Spread0.4 - 1.8 pips
Trading PlatformNet Trade X, MT4, MT5
Minimum Deposit$0
Customer SupportLive 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.

IFC Markets' homepage

Pros and Cons

Pros Cons
Regulated by LFSALimited info on trading conditions
Various trading assestsNo 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.

WikiFX Field Survey

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 StatusRegulated ByLicensed InstitutionLicense TypeLicense Number
RegulatedLabuan Financial Services Authority (LFSA)IFC Markets LtdStraight Through Processing (STP)MB/20/0049
ExceededFinancial Service Corporate (FSCA)IFC MARKETS SA (PTY) LTDFinancial Service Corporate51818
RevokedCyprus Securities and Exchange Commission (CYSEC)IFCM Cyprus LtdCommon Financial Service License147/11
Offshore RegulatedBritish Virgin Islands Financial Services Commission (FSC)IFCMARKETS. CORP.Retail Forex LicenseSIBA/L/14/1073
Regulated by LFSA
Exceeded FSCA license
Revoked CySEC license
Offshore regulated by FSC

What Can I Trade on IFC Markets?

Tradable Instruments Supported
Indices
Forex
ETF
CFDs
Metals
Cryptocurrency
Stocks
Equity
What Can I Trade on IFC Markets?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Net Trade XWindows, MacOs, iOS, Android/
MT4Windows, MacOs, iOS, AndroidBeginners
MT5Windows, MacOs, iOS, AndroidExperienced traders
Trading Platform

Do money-square 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 money-square and ifc-markets are, we first considered common fees for standard accounts. On money-square, the average spread for the EUR/USD currency pair is -- pips, while on ifc-markets the spread is From 0.1.

Which broker between money-square, 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.

money-square is regulated by FSA. ifc-markets is regulated by FSCA,FSC.

Which broker between money-square, 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.

money-square provides the -- 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 --.

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