Written by ForexBrokers.com
In this head to head comparison of FxPro vs IFC Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
FxPro and IFC Markets, both founded in 2006, are prominent players in the online brokerage sector. However, there are notable differences in their regulatory standings and trust levels. FxPro holds a significant advantage with two Tier-1 licenses and one Tier-2 license, which contributes to its high Trust Score of 93 according to ForexBrokers.com, indicating a highly trusted status. In contrast, IFC Markets, which holds no Tier-1 licenses but has one Tier-2 license, has a Trust Score of 73, positioning it at an average risk level.
Neither FxPro nor IFC Markets is publicly traded, with FxPro distinguishing itself as a bank, whereas IFC Markets is not. These factors provide potential traders with essential insights into the trustworthiness and banking status of both brokers, guiding informed decisions for those looking to enter the trading landscape.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Year Founded | 2006 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Both FxPro and IFC Markets earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings, FxPro places #33 out of 63 brokers, while IFC Markets is #40 out of 63. On EUR/USD, FxPro’s most competitive pricing is on cTrader with an effective cost around 1.27 pips (about 0.37-pip average spread plus a 0.9-pip commission-equivalent). IFC Markets narrows the gap on its ECN account with an effective spread near 1.1 pips after a 0.005% commission is charged on both sides of the trade.
FxPro’s overall pricing is higher than the industry average and less competitive than some peers like Pepperstone or IC Markets. On MT4 and MT5 with variable spreads, reported EUR/USD spreads are about 1.58 pips on MT4 market execution (1.51 on MT5) and 1.71 pips with instant execution. MT5 does not offer fixed spreads, and only market execution is available. cTrader uses commission-based pricing and has no minimum distance for stop/limit orders, while FxPro’s MetaTrader platforms require at least 1 pip from the entry price. FxPro’s Elite (Active Trader) program can trim costs by up to 30%, but net pricing still trails top low-cost competitors.
IFC Markets’ average EUR/USD spread is about 1.44 pips on standard pricing, which is higher than the industry average of 1.08 pips. Active traders may prefer the ECN account, where the effective cost drops to roughly 1.1 pips when factoring in the 0.005% commission per side. IFC Markets also avoids inactivity fees and offers active trader discounts, adding small but meaningful savings for frequent traders.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Minimum Deposit | $100 | $1 |
| Average Spread EUR/USD - Standard | 1.51 | 1.44 |
| All-in Cost EUR/USD - Active | 1.27 | 1.1 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro offers a wider range of investments than IFC Markets, with 2,249 tradeable symbols and 70 forex pairs versus IFC Markets’ 630 symbols and 49 pairs. Both brokers support forex trading (CFD or spot). For Range of Investments, ForexBrokers.com rates FxPro at 4 stars (29th of 63) and IFC Markets at 3.5 stars (44th of 63).
Outside of forex, both brokers let you buy real shares on select international exchanges, but neither offers direct access to U.S.-listed stocks. Copy trading is available at both. Neither supports buying actual cryptocurrency, though each offers cryptocurrency derivatives.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 630 |
| Forex Pairs (Total) | 70 | 49 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FxPro vs IFC Markets: both brokers cover the key platform needs. Each offers a free demo account for paper trading, a proprietary in‑house platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on the web and via Windows desktop downloads with either broker. Copy trading is available at both, while DupliTrade and ZuluTrade are not supported.
For charting and interface features, both let you place trades directly from the chart. FxPro lists 25 drawing tools versus IFC Markets’ 15, and watchlists show up to 6 fields with FxPro and 7 with IFC Markets. Indicator availability varies by platform for both brokers. In ForexBrokers.com’s category results, each earned 4 stars for Trading Platforms and Tools; however, FxPro ranked #17 out of 63 brokers, while IFC Markets ranked #37.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and IFC Markets both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists with syncing between mobile and web, multiple chart time frames, trendline drawing, and auto-saving of chart annotations. If you lean on technical analysis, FxPro offers 65 technical studies in its mobile charts, while IFC Markets provides 30.
Independent ratings also separate the two. According to ForexBrokers.com, FxPro’s mobile app earns 4.5 out of 5 stars and ranks 15th out of 63 brokers, while IFC Markets scores 4 out of 5 stars and ranks 53rd. In short, both cover the essentials on iPhone and Android, but FxPro stands out with more indicators and a higher overall rating.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FxPro vs IFC Markets for market research: Both brokers publish daily market commentary, provide an economic calendar, and offer a sentiment tool showing the ratio of long vs short positions. FxPro goes further with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones and includes Trading Central analysis, while IFC Markets lacks these. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools.
For overall research, ForexBrokers.com rates FxPro 4 stars (ranked 26th of 63) and IFC Markets 3.5 stars (ranked 41st of 63). If you want premium news and built-in third-party analysis, FxPro has the edge. If you only need the essentials—commentary, calendar, and sentiment—IFC Markets can still work well.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to the educational resources tailored for beginners, FxPro and IFC Markets both provide a wealth of materials to help newcomers navigate the world of forex and CFDs trading. Each broker offers at least 10 pieces of educational content such as articles and videos, catering to those just starting out. FxPro stands out with a searchable archive of recorded client webinars, accommodating those who seek learning flexibility, while IFC Markets does not offer this feature. Both brokers provide an investor dictionary with definitions for over 50 investing terms, ensuring newcomers have the vocabulary needed to understand trading concepts.
FxPro offers a notable range of educational videos aimed at beginners, but when it comes to advanced educational content, IFC Markets takes the lead by offering more than 10 videos for experienced traders. Despite both platforms not hosting monthly webinars, FxPro is rated slightly higher than IFC Markets, with a 4-star rating compared to 3.5 stars for educational offerings. In a broader evaluation, FxPro is placed at #18 among 63 brokers in the education category, while IFC Markets is ranked at #30, indicating FxPro may have a slight edge in providing quality educational resources for new traders.
| Feature |
FxPro
|
IFC Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than IFC Markets. FxPro finished with an overall rank of #21, while IFC Markets finished with an overall rank of #45.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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IFC Markets
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| Overall Rating |
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| Trust Score | 93 | 73 |
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Both FxPro and IFC Markets do not provide the option to purchase actual (delivered) cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives instead.
FxPro offers a broader range of deposit and withdrawal options compared to IFC Markets, providing ACH, SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, while IFC Markets supports only Visa, Mastercard, and bank wires.
Please 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.
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0 of 5| Overall Rating | FxPro | IFC Markets | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | IFC Markets | |
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| Regulation | FxPro | IFC Markets | |
|---|---|---|---|
| Trust Score | 93 | 73 | |
| Year Founded | 2006 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | IFC Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | FxPro | IFC Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | FxPro | IFC Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 630 | |
| Forex Pairs (Total) | 70 | 49 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | IFC Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.44 | |
| All-in Cost EUR/USD - Active | 1.27 | 1.1 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | IFC Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $1 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | IFC Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | IFC Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | IFC Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | IFC Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | IFC Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | IFC Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review |
| Overall | FxPro | IFC Markets | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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