Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and IFC Markets are two online brokers offering trading services, but they differ in terms of regulatory credentials and trust ratings. Spreadex, established in 1999, holds one Tier-1 license, indicating a high level of trust. Despite its solid regulatory standing, it scores 71 on the Trust Score rating from ForexBrokers.com, placing it in the average risk category. Spreadex is not publicly traded or a bank, which might influence its trust perception among traders.
In contrast, IFC Markets, founded in 2006, operates with one Tier-2 license, considered trusted, though it lacks Tier-1 credentials. IFC Markets scores slightly higher than Spreadex with a Trust Score of 73, also in the average risk category. Like Spreadex, IFC Markets is neither publicly traded nor a banking institution. These factors may impact trader confidence, but the choice between the two could depend on individual preferences and regulatory priorities.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Year Founded | 1999 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
For forex commissions and fees, Spreadex comes out cheaper on a spread-only basis. In January 2024, its EUR/USD average spread was 0.81 pips, with a 0.6-pip minimum hit 60% of the time. By comparison, IFC Markets’ standard average spread is 1.44 pips (above the 1.08 industry average). Both brokers earn 4 out of 5 stars for commissions and fees, with Spreadex ranked #25 of 63 and IFC Markets ranked #32 by ForexBrokers.com.
IFC Markets can narrow the gap for active traders via its new ECN account, where effective EUR/USD pricing is about 1.1 pips after the 0.005% commission charged on both sides of a trade. IFC Markets also has no inactivity fees and offers active trader discounts, which can further lower overall costs for frequent traders. Spreadex’s value centers on its consistently tight spreads, while IFC Markets may appeal if you trade often enough to benefit from ECN pricing and discounts.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Minimum Deposit | $0 | $1 |
| Average spread (EUR/USD) - Standard account | 0.81 | 1.44 |
| All-in Cost EUR/USD - Active | N/A | 1.1 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
For traders focused on choice, Spreadex offers a far broader range of investments with 10,000 tradeable symbols, compared with 630 at IFC Markets. Both brokers support forex trading via CFDs or spot contracts, with Spreadex listing 52 currency pairs and IFC Markets close behind at 49. Each broker also provides cryptocurrency CFDs, though neither lets you buy actual crypto.
If you want exchange-traded securities, neither broker offers access to U.S.-listed shares, but IFC Markets does let you trade shares on certain international exchanges, while Spreadex does not. Copy trading is available at IFC Markets but not at Spreadex. Reflecting these differences, ForexBrokers.com rates Spreadex 5 stars for Range of Investments and ranks it 13th out of 63 brokers, while IFC Markets earns 3.5 stars and ranks 31st.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 630 |
| Forex Pairs (Total) | 52 | 49 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Spreadex and IFC Markets both make it easy to try before you trade with free virtual demo accounts. Each broker offers a proprietary platform and a web-based trading experience, and both let you place orders directly from charts. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools, with IFC Markets ranked slightly higher (#29 of 63) than Spreadex (#34 of 63).
The key differences come down to platform choice and extra features. IFC Markets provides a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading for those who want to follow other traders. Spreadex does not offer a Windows desktop platform, MT4/MT5, or copy trading, but it does deliver a clean, in-house web platform with chart-based trading and a demo account for practice.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 58 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Spreadex and IFC Markets both offer mobile trading apps for iPhone and Android. Each app supports price alerts and lets you draw trendlines on charts. In expert testing, both earned 4 out of 5 stars. According to ForexBrokers.com, Spreadex ranks 33rd and IFC Markets ranks 34th out of 63 brokers for mobile trading apps, indicating similar overall quality.
There are a few useful differences. IFC Markets syncs watchlists with your web account, while Spreadex does not. IFC Markets provides 30 built-in technical studies for charting, whereas Spreadex does not specify the number of indicators. IFC Markets also auto-saves chart drawings; Spreadex does not. If synced watchlists, more indicators, and saved drawings are important, IFC Markets is the better fit; if you don’t need those features, Spreadex will still cover the basics for trading stocks and forex on the go.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Spreadex vs IFC Markets for market research: both brokers publish daily market commentary, offer an economic calendar of upcoming events, and provide a sentiment tool that shows the mix of long and short positions. Neither broker includes Trading Central, TipRanks, or Acuity Trading tools. The main differences are news and scanning tools: Spreadex streams forex news from top-tier sources (such as Bloomberg, Reuters, and Dow Jones) and includes Autochartist for technical and fundamental insights, while IFC Markets does not offer these two features.
According to ForexBrokers.com, Spreadex is rated 4 stars for Research and ranks 27th out of 63 brokers, whereas IFC Markets holds 3.5 stars and ranks 30th. If you want built-in premium news and Autochartist-driven analysis, Spreadex is the stronger choice; if you only need commentary, a calendar, and a simple sentiment gauge, IFC Markets covers the essentials.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing Spreadex and IFC Markets on education, both brokers offer plenty of entry-level video lessons (10+), making it easy to start learning the basics of forex and CFD trading. Neither broker hosts monthly client webinars, so live classroom-style sessions aren’t part of the package. IFC Markets goes a step further with a deeper catalog of advanced videos (10+), giving newcomers a clear path to more complex topics as their skills grow, while Spreadex focuses more on beginner content.
Ratings and rankings are close. Spreadex earns 4 stars for Education from ForexBrokers.com and is ranked #33 out of 63 brokers. IFC Markets holds a 3.5-star Education rating but ranks higher at #25 out of 63. In short, Spreadex is strong for straightforward beginner video learning, while IFC Markets suits beginners who also want access to more advanced lessons as they progress.
| Feature |
Spreadex
|
IFC Markets
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Spreadex is better than IFC Markets. Spreadex finished with an overall rank of #32, while IFC Markets finished with an overall rank of #33.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
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IFC Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 73 |
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Spreadex vs IFC Markets: neither broker lets you buy actual (delivered) cryptocurrency, but both offer cryptocurrency trading via CFDs.
In a Spreadex vs IFC Markets comparison of deposit and withdrawal methods, both brokers do not support ACH/SEPA, PayPal, or Skrill, both allow bank wire transfers, and Visa/Mastercard availability is not specified.
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 | Spreadex | IFC Markets | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Spreadex | IFC Markets | |
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| Broker Gallery (click to expand) |
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| Regulation | Spreadex | IFC Markets | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 1999 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | ||
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | IFC Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (FSA 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). | No |
| Tier-2 Licenses (Trusted) | Spreadex | IFC Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Spreadex | IFC Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 630 | |
| Forex Pairs (Total) | 52 | 49 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Spreadex | IFC Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.81 | 1.44 | |
| All-in Cost EUR/USD - Active | N/A | 1.1 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Spreadex | IFC Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $1 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Spreadex | IFC Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Spreadex | IFC Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 58 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | IFC Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Spreadex | IFC Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | IFC Markets | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Spreadex | IFC Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Spreadex Review |
| Overall | Spreadex | IFC Markets | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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