B
AvaTrade logo

AvaTrade

6.9/10
ifc markets logo

ifc markets

7.3/10
7/10RegulationWinner10/10
1/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
8.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while ifc markets was established in 2016 and is based in Cyprus. AvaTrade holds licences including Central Bank of Ireland, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. AvaTrade serves 200,000+ clients worldwide; ifc markets has 60,000+. Both brokers share the same minimum deposit of $250.

ifc markets wins this category
FeatureAvaTradeifc markets
Min. Deposit$250$250
RegulationCentral Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)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
Founded20062016
CountryThe British Virgin IslandsCyprus
Clients200,000+60,000+

Fees

Fees are a critical factor when choosing between AvaTrade and ifc markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; AvaTrade does not. Overall, AvaTrade scores higher on fees in our assessment.

AvaTrade wins this category
FeatureAvaTradeifc markets
Min. Deposit$250$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

AvaTrade offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which ifc markets does not offer. AvaTrade edges ahead on platform breadth and functionality in our scoring.

AvaTrade wins this category
FeatureAvaTradeifc markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsMT4, 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 AvaTrade and ifc markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAvaTradeifc markets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AvaTrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports Skrill among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

ifc markets wins this category
FeatureAvaTradeifc markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillNoYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAvaTradeifc markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Italian, German, French, Greek, and HebrewEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic