FreshForex
ifc markets
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Overview
FreshForex was founded in 2004 and is headquartered in Russia, while ifc markets was established in 2016 and is based in Cyprus. FreshForex holds licences including SVGFSA 20623 IBC 2012, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. FreshForex serves 710,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $1 at FreshForex and $250 at ifc markets.
| Feature | FreshForex | ifc markets |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | SVGFSA 20623 IBC 2012 | 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 | 2004 | 2016 |
| Country | Russia | Cyprus |
| Clients | 710,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and ifc markets, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ifc markets). Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | FreshForex | ifc markets |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
FreshForex offers MT4, MT5, a proprietary platform, while ifc markets supports MT5, cTrader. FreshForex 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 | FreshForex | ifc markets |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5, Windows, MAC, Linux | 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 FreshForex and ifc markets compare. FreshForex runs regular live webinars; ifc markets does not. Both provide video tutorials. FreshForex publishes daily market commentary; ifc markets does not. ifc markets integrates third-party research tools (Autochartist); FreshForex does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | FreshForex | 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. FreshForex accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | ifc markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | 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 FreshForex and ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex supports 1 language and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | FreshForex | ifc markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |