ForexVox
ifc markets
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Overview
ForexVox was founded in 2019 and is headquartered in UK, while ifc markets was established in 2016 and is based in Cyprus. ForexVox holds licences including Financial Conduct Authority (FCA) in the United Kingdom, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. ForexVox serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $0 at ForexVox and $250 at ifc markets.
| Feature | ForexVox | ifc markets |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 | 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 | 2019 | 2016 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between ForexVox and ifc markets, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $250 at ifc markets). ForexVox charges withdrawal fees while ifc markets does not, a notable advantage for frequent withdrawers. ifc markets applies inactivity fees on dormant accounts; ForexVox does not. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexVox | ifc markets |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
ForexVox offers MT4, MT5, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which ifc markets does not offer. ifc markets edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexVox | ifc markets |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5 | 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 ForexVox and ifc markets compare. ForexVox runs regular live webinars; ifc markets does not. Both provide video tutorials. ForexVox publishes daily market commentary; ifc markets does not. ifc markets integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | ForexVox | ifc markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | 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. ForexVox accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexVox | ifc markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexVox and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. ForexVox supports 4 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | ForexVox | ifc markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Russian, Indonesian, Malaysian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |