menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money
Home ‣ Compare ‣ IFC Markets vs FXOpen 2025

IFC Markets vs FXOpen 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of IFC Markets vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

IFC Markets
4/5 Stars Overall
  • Minimum Deposit: $1
  • Trust Score: 73
  • Tradeable Symbols (Total): 630
FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% 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.

Regulation

Founded in 2006, IFC Markets is not publicly traded or a bank. It holds one Tier-2 license but no Tier-1 licenses, which ForexBrokers.com considers highly trusted. With a Trust Score of 73, IFC Markets is seen as having an average risk by ForexBrokers.com standards. This suggests that while it is not unattractive for traders, there are areas where it could enhance its credibility, especially in securing higher-trust licenses.

FXOpen, established in 2003, shares the characteristic of not being publicly traded or a bank, similar to IFC Markets. However, FXOpen stands out as it holds two Tier-1 licenses, indicating a higher level of trust according to ForexBrokers.com. This is reflected in its Trust Score of 76, which places it in the "trusted" category. Overall, FXOpen offers a more secure and dependable option for traders, underscored by its higher Trust Score and licenses.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Year Founded info 2006 2003
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 0 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

Comparing commissions and fees, both IFC Markets and FXOpen earn 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees category, IFC Markets ranks #40 out of 63 brokers, while FXOpen ranks #45 out of 63. If you’re weighing trading costs, IFC Markets publishes more concrete pricing details, whereas FXOpen’s average spread data isn’t available for direct comparison.

IFC Markets lists an average EUR/USD spread of 1.44 pips, which is higher than the industry average of 1.08 pips and therefore a bit less competitive on standard pricing. Active traders can find better value via the ECN account, where the effective cost comes out to about 1.1 pips after factoring in the 0.005% commission charged on both sides of each trade. IFC Markets also does not charge inactivity fees and offers active trader discounts. Rating: 4/5 stars; Rank: #40/63.

FXOpen does not provide average spread data, making apples-to-apples comparisons harder. Given its 4/5 rating and #45/63 ranking for commissions and fees, traders should review the broker’s account types and any applicable commissions or discounts to gauge real-world costs for their strategy. Rating: 4/5 stars; Rank: #45/63.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Minimum Deposit info $1 $100
Average Spread EUR/USD - Standard info 1.44 info N/A info
All-in Cost EUR/USD - Active info 1.1 info N/A info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

IFC Markets and FXOpen both support forex trading (CFD/spot), offer crypto derivatives, and provide copy trading; neither lets you buy actual cryptocurrency. In terms of product depth, IFC Markets lists 630 tradeable symbols and 49 forex pairs, while FXOpen offers 87 symbols and 25 pairs. For listed shares, neither broker offers U.S. exchange-traded stocks, but IFC Markets does provide access to exchange-traded securities on certain international exchanges; FXOpen does not.

For range of investments, ForexBrokers.com rates IFC Markets 3.5/5 stars and ranks it #44 out of 63 brokers, while FXOpen scores 3/5 stars and ranks #63. If you want more markets to choose from—including select exchange-traded international shares—IFC Markets has the broader lineup; FXOpen focuses on a smaller set of instruments.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 630 87
Forex Pairs (Total) info 49 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

IFC Markets and FXOpen both check the key boxes for trading platforms and tools. Each offers free paper trading via a demo account, Windows desktop and web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both let you place orders directly from charts, provide 15 drawing tools for charting, and include 7 columns for watch lists. Differences: IFC Markets offers its own proprietary platform, while FXOpen does not. FXOpen supports ZuluTrade for social trading, whereas IFC Markets does not. Neither broker supports DupliTrade.

For traders deciding between IFC Markets vs FXOpen, the choice comes down to extras. Pick IFC Markets if you want access to an in-house platform alongside MT4/MT5. Choose FXOpen if ZuluTrade is important to your strategy. According to ForexBrokers.com, both earn 4 stars for Trading Platforms and Tools, though IFC Markets ranks higher at #37 out of 63 brokers versus FXOpen at #54, hinting at a slightly stronger overall platform lineup.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

IFC Markets and FXOpen both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists, and flexible charting with 30 technical indicators, trendline drawing, and multiple time frames (intraday, daily, weekly). Whether you track forex or other markets, the core charting and alert tools are comparable across both brokers.

The differences come down to convenience features. IFC Markets syncs watchlist symbols with your online account and auto-saves chart drawings; FXOpen lacks both of these time-savers. In terms of quality scores, each earns 4 out of 5 stars for mobile trading apps. According to ForexBrokers.com, IFC Markets ranks #53 out of 63 brokers for Mobile Trading Apps, while FXOpen ranks #55. If you value watchlist syncing and saved chart annotations, IFC Markets may suit you better; otherwise, both apps deliver similar charting and alert capabilities.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing IFC Markets vs FXOpen for market research: both brokers publish daily market commentary and offer an economic calendar. FXOpen stands out for delivering forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, while IFC Markets does not. On the flip side, IFC Markets includes a sentiment tool that shows long/short positioning across instruments, which FXOpen lacks. Neither broker provides research tools from Autochartist or Trading Central. TipRanks and Acuity Trading tools are not offered by IFC Markets; availability at FXOpen isn’t specified.

In independent ratings, IFC Markets scores 3.5/5 for research and ranks #41 out of 63 brokers, while FXOpen scores 3/5 and ranks #64. If premium news feeds matter most, FXOpen is the better fit; if you want a sentiment gauge and a slightly higher research score, IFC Markets has the edge.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For forex and CFD education, IFC Markets stands out for beginners. It offers at least 10 educational pieces on trading, plus video libraries with at least 10 beginner lessons and 10 advanced lessons. FXOpen does not meet the 10-piece threshold and doesn’t have 10+ beginner or advanced videos. Neither broker runs monthly educational webinars or maintains a searchable archive of past sessions. Both, however, provide an investor dictionary with 50+ trading terms to help you learn the basics.

Ratings reflect that gap: ForexBrokers.com gives IFC Markets 3.5/5 stars for Education and ranks it #30 of 63 brokers, while FXOpen earns 3/5 stars and ranks #59. If you want more video-based learning and a wider range of forex and CFD materials, IFC Markets is the stronger choice. If you mainly need a glossary for quick lookups, either broker will work. Check each broker’s site for the latest resources.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that IFC Markets is better than FXOpen. IFC Markets finished with an overall rank of #45, while FXOpen finished with an overall rank of #54.

IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at IFC Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.

Feature IFC Markets logoIFC Markets
FXOpen logoFXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 73 76
Range of Investments 3.5/5 Stars 3/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with IFC Markets or FXOpen?

Both IFC Markets and FXOpen do not offer the ability to buy actual (delivered) cryptocurrency, but both platforms do provide the option to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers IFC Markets versus FXOpen in terms of fund transfer options, neither broker supports ACH or SEPA transfers nor does either offer PayPal for deposits or withdrawals; however, both brokers allow transactions via Visa or Mastercard and bank wires, with FXOpen additionally supporting Skrill, unlike IFC Markets.

More Comparisons

IFC Markets vs LegacyFX IFC Markets vs ACY Securities IFC Markets vs FXCM IFC Markets vs FxPro IFC Markets vs IG IFC Markets vs Questrade FXOpen vs IC Markets FXOpen vs RoboForex FXOpen vs FXCM FXOpen vs Tickmill FXOpen vs Xtrade FXOpen vs OANDA

Show all



announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× IFC Markets
× FXOpen
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating IFC Markets FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 73 76
Winner check_circle
Review
Broker Screenshots IFC Markets FXOpen
Broker Gallery (click to expand) info
Regulation IFC Markets FXOpen
Trust Score info 73 76
Year Founded info 2006 2003
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-1 Licenses info 0 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) IFC Markets FXOpen
Australia (ASIC Authorised) info No
Canada (CIRO Authorised) info No
Hong Kong (SFC Authorised) info No
Japan (SFC Authorised) info No
Singapore (MAS Authorised) info No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes
USA (CFTC Authorized) info No
New Zealand (FMA Authorised) info No
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-2 Licenses (Trusted) IFC Markets FXOpen
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No
India (SEBI Authorised) info No
Jordan (JSC Authorised) info
Investments IFC Markets FXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 630 87
Forex Pairs (Total) info 49 25
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers
Cost IFC Markets FXOpen
Average Spread EUR/USD - Standard info 1.44 info N/A info
All-in Cost EUR/USD - Active info 1.1 info N/A info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info No Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding IFC Markets FXOpen
Minimum Deposit info $1 $100
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms IFC Markets FXOpen
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools IFC Markets FXOpen
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading IFC Markets FXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research IFC Markets FXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info No No
TipRanks info No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education IFC Markets FXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs IFC Markets FXOpen
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review
Overall IFC Markets FXOpen
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 73 76
Winner check_circle
Review
arrow_upward

close
navigate_before navigate_next