IFS Markets Review 2024

IFS Markets Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of IFS Markets Trading Company

IFS Markets offers high-quality services in OTC Forex trading and CFDs on indices and commodities. With more than a decade of expertise in the financial markets, IFS Markets deeply understands the market and current technologies. To ensure maximum security of funds, the company keeps customer funds segregated from the company's operational funds in an account with National Australia Bank. IFS Markets handles customer funds in full accordance with the T&Cs and applicable rules and regulations.

Geographic Distribution of IFS Markets Traders

Popularity in

51.17%
PH
Philippines
25.13%
AU
Australia
3.27%
CN
China
2.9%
TH
Thailand
1.83%
KH
Cambodia
0.83%
EE
Estonia
0.75%
HK
Hong Kong
0.28%
US
United States
0.28%
GB
United Kingdom
0.23%
DE
Germany
2.33%
Others
Others

User Satisfaction i

5 comments
Total score:
3.2 /10

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GeorgeCose
2 years ago

IFS Markets has two types of accounts - Standard and ECN. True, the site does not indicate the size of the spreads, which is not entirely fair in relation to a potential client. The broker does not have cent accounts, so you will have to take big risks right away to check the conditions. And if the size of the spreads is not suitable? Then it's just money down the drain. I tested commissions and execution on a standard account on a demo, but what about ECN? Believe the assurances of IFS Markets that their conditions are almost the best on the market? I have been trading for a long time, so I am skeptical about such promises. And although the deposit requirements for ECN are not as stringent here as with other brokers, $ 300 is not lying on the road either.

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inebimotiimpa
2 years ago

they automatically closed the purchase due to a drop in stocks, although there was nothing like that that day, I began to deal with them, they just disappeared, the phone does not answer, they do not respond to e-mails.

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wawan
3 years ago

Execution at IFS Markets is not ideal, but it is not so bad. Basically with the withdrawal of the problem. I read a lot of reviews everywhere that some were still displayed, but after 2-3 months and after sending all the docks that they come up with. Plus, they withdraw if a small amount, as I noticed from the comments.

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ugowth01
3 years ago

IFS Markets has serious problems. Both with trade and with the withdrawal of funds. I was blocked with a withdrawal for 90 days, according to them they need to check something else. I have a small amount, maybe they will withdraw, but if not, then I will not bang my head against the wall, nevertheless I am mentally ready for this.

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revanth99
3 years ago

They have eternal withdrawal problems! Then they block the withdrawal 3-4 times a day. Otherwise, they generally remove the opportunity to withdraw money to the card. But they have no problems at all about replenishing the account. From what you want from that and replenish.

Trading Conditions for IFS Markets Users

💻 Trading platform: Metatrader4, Web, Mobile
📊 Accounts: Standard, Pro
💰 Account currency: AUD, USD, GBP, EUR, SGD
💵 Replenishment / Withdrawal: Bank Transfer, Credit Cards, Skrill, Poli, Fasapay, Neteller, Alipay, DragonPay, Bitcoin
🚀 Minimum deposit: 100 USD
⚖️ Leverage: 1:400
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,0 p
🔧 Instruments: Forex,Indices,Commodities
💹 Margin Call / Stop Out: 100%/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

Contacts

Registration address International Tower 1, 100 Barangaroo Avenue, Sydney NSW 2000 Australia.
Official site
Contacts
Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
IFS Markets Review IFS Markets Review

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FAQs

Why has IFS Markets been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against IFS Markets by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of IFS Markets is down, not updated or operates with clear errors and some features are not available;
• IFS Markets has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if IFS Markets got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why IFS Markets got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from IFS Markets?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if IFS Markets is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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