IFC Markets vs Tier1FX

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, IFC Markets currently holds a lower overall rating (3.1) compared to Tier1FX (3.7). IFC Markets has a lower minimum deposit, at 1.0. Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM. IFC Markets offers a greater leverage limit of 1:400, whereas Tier1FX allows a maximum of only 1:30.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.1/5 (13 reviews)
3.3/5
2.8/5
3/5
3.3/5
3.7/5 (1 reviews)
5/5
3/5
4/5
3/5
Minimum deposit ($) 1.0 500.0
Commission 0.005 5.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.001 0.01
Maximum lot size - 50.0
Spread Fixed, Variable -
Broker type STP, ECN, NDD, DMA STP, ECN, DMA
Maximal leverage (1:?) 400 30
Availability STP, ECN, NDD, DMA STP, ECN, DMA
Regulation FSCA (South Africa), LFSA (Labuan), BVI FSC MFSA (Malta)
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 4 (MT4), JForex, Fortex 6
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, WebMoney, Internal transfer, Crypto, AdvCash, USDT, Visa, Mastercard, cryptoPay, Epay Wire Transfer, Neteller
Account Currency USD, EUR, JPY, BTC USD, GBP, EUR
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Chinese, Indonesian, Malay, Arabic, Vietnamese, Korean, Hindi, Farsi, Czech, Turkish, Taiwanese English, Spanish, Italian, Chinese, Croatian
Country British Virgin Islands Malta
Trading platform(s) timezone Cyprus, Malaysia, British Virgin Islands Malta
Other trading instruments Cryptocurrency, Precious Metals, ETFs, Share CFDs, Other, Forex, CFDs on Indices Commodities, Energies, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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