ifc markets
Libertex
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Overview
ifc markets was founded in 2016 and is headquartered in Cyprus, while Libertex was established in 2012 and is based in Cyprus. ifc markets holds licences including Financial Conduct Authority (FCA), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. ifc markets serves 60,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $250 at ifc markets and $117 at Libertex.
| Feature | ifc markets | Libertex |
|---|---|---|
| Min. Deposit | $250 | $117 |
| Regulation | 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 | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2016 | 2012 |
| Country | Cyprus | Cyprus |
| Clients | 60,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between ifc markets and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $250 at ifc markets). Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | ifc markets | Libertex |
|---|---|---|
| Min. Deposit | $250 | $117 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
ifc markets offers MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which ifc markets does not offer. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | ifc markets | Libertex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ifc markets and Libertex compare. Both provide video tutorials. Libertex publishes daily market commentary; ifc markets does not. Both integrate third-party research tools. Libertex scores higher overall in education and research.
| Feature | ifc markets | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ifc markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ifc markets | Libertex |
|---|---|---|
| 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 ifc markets and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. ifc markets supports 8 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | ifc markets | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |