Binary.com
ifc markets
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Overview
Binary.com was founded in 2014 and is headquartered in United States, while ifc markets was established in 2016 and is based in Cyprus. Binary.com holds licences including Unregulated, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. Binary.com serves 10,000+ clients worldwide; ifc markets has 60,000+. Both brokers share the same minimum deposit of $250.
| Feature | Binary.com | ifc markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Unregulated | 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 | 2014 | 2016 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Binary.com and ifc markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Binary.com charges withdrawal fees while ifc markets does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Binary.com charges deposit fees; ifc markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Binary.com | ifc markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Binary.com offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Binary.com supports social and copy trading features, which ifc markets does not offer. Binary.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Binary.com | 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 | MT4,iOS,MacBook,iPhone | 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 Binary.com and ifc markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Binary.com | ifc markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binary.com 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 | Binary.com | 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 Binary.com and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. Binary.com supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | Binary.com | 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 |