B
ifc markets logo

ifc markets

7.3/10
XGLOBAL Markets logo

XGLOBAL Markets

5.6/10
10/10WinnerRegulation5/10
0/10FeesTied0/10
7/10PlatformsWinner9/10
4/10Education & ResearchTied4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

ifc markets was founded in 2016 and is headquartered in Cyprus, while XGLOBAL Markets was established in 2008 and is based in Cyprus. ifc markets holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. ifc markets serves 60,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $250 at ifc markets and $500 at XGLOBAL Markets.

ifc markets wins this category
Featureifc marketsXGLOBAL Markets
Min. Deposit$250$500
RegulationFinancial 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-F259Cyprus Securities and Exchange Commission (CySEC)
Founded20162008
CountryCyprusCyprus
Clients60,000+10,000+

Fees

Fees are a critical factor when choosing between ifc markets and XGLOBAL Markets, directly affecting your bottom line as a trader. ifc markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while ifc markets does not, giving ifc markets an edge for frequent withdrawers. ifc markets applies inactivity fees on dormant accounts; XGLOBAL Markets does not. XGLOBAL Markets charges deposit fees; ifc markets does not. The two brokers are broadly comparable on fee structure.

Tied
Featureifc marketsXGLOBAL Markets
Min. Deposit$250$500
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

ifc markets offers MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XGLOBAL Markets edges ahead on platform breadth and functionality in our scoring.

XGLOBAL Markets wins this category
Featureifc marketsXGLOBAL Markets
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsDesktop,iOS,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ifc markets and XGLOBAL Markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
Featureifc marketsXGLOBAL 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. ifc markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while XGLOBAL Markets supports 2 (bank transfer, credit/debit card). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

ifc markets wins this category
Featureifc marketsXGLOBAL Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. ifc markets supports 8 languages and XGLOBAL Markets supports 2, giving ifc markets broader global reach. Both brokers are comparable on support quality.

Tied
Featureifc marketsXGLOBAL Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese