Abshire Smith
ifc markets
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while ifc markets was established in 2016 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $500 at Abshire Smith and $250 at ifc markets.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F259 |
| Founded | 1997 | 2016 |
| Country | United kingdom | Cyprus |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and ifc markets, directly affecting your bottom line as a trader. ifc markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; ifc markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Abshire Smith supports social and copy trading features, which ifc markets does not offer. Abshire Smith edges ahead on platform breadth and functionality in our scoring.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and ifc markets compare. ifc markets has a video library; Abshire Smith does not. ifc markets integrates third-party research tools (Autochartist); Abshire Smith does not. ifc markets scores higher overall in education and research.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | ifc markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |