Conditions of Fund Deposit and Withdrawal with IFCMarkets
IFCMarkets provides various fund deposit and withdrawal methods for traders. See the details of the conditions here.
Traders in constant search for a broker that offers a clear, secure, and advantageous environment will find IFC Markets the right solution to their needs. With nearly two decades of experience, IFC Markets gives traders access to a wide range of products (including forex, CFDs on stocks, cryptocurrencies, indices, non-expiring commodity CFDs, commodity futures CFDs, ETF CFDs, crypto futures CFDs) with excellent trading conditions and maximum transparency. As a strictly regulated international broker, in addition to the excellent quality of service offered, IFC Markets guarantees high levels of security that allow clients to operate undisturbed and worry-free.
The broker bases its operations on a concept considered fundamental by most traders who usually invest funds online: mutual trust. Indeed, the broker, to establish a solid relationship with clients, offers an environment based on maximum transparency, allowing investors to know any price, commission, or cost, at any time and with utmost ease. Regulated, award-winning, civil liability insurance, and exclusive patents are just some of the features that make IFC Market the ideal partner to invest to the best of one’s abilities.
- Unshakeable Trust.
- Since its creation, the company has operated with the intent to establish a solid and continuous relationship with the client. Maximum mutual trust and constant support, essential elements to be able to negotiate without worries.
- Cutting-edge Technologies.
- The broker employs numerous resources to provide traders with state-of-the-art tools and features. A service that keeps up with the times, ensuring maximum operability for the client.
- Transparency.
- The trader can easily know information about costs, commissions at any time. Just access the dedicated pages or contact the always available support team.
- Accessibility
- Creating an environment accessible by any type of trader. The broker constantly strives to perfect an environment that can meet the needs of both experts and beginners.
- Constant Improvement.
- A top-level broker must constantly evolve to ensure an efficient service. IFC Markets improves its service with the periodic addition of new tools and innovative functions for a flawless trading experience.
- Strictly Regulated.
- To ensure maximum security and protection for the client, the broker is required to comply with the regulations imposed by the control bodies. IFCMARKETS.CORP. is authorized by the BVI Financial Services Commission.
- Award-winning Forex Broker.
- IFC Markets has been awarded by many popular international financial magazines as one of the best Forex brokers in the world.
- Syndicate of the Hamilton Group 4000.
- A real professional civil liability insurance for maximum protection of client funds: Lloyd’s Syndicate.
- U.S. patent issued for the use of the GeWorko Method
- A revolutionary tool that allows the client the possibility to create synthetic instruments such as cross rates, correlations between various assets, currency indices, stock portfolios, pair trading portfolios, and much more.
- Fast, safe, and zero-cost deposits
- ICF Market offers clients the possibility to select the most suitable funding method for their needs. By accessing the list, the trader will be able to know in detail the features of the selected method and choose whether to use it. Moreover, on any method used, the broker will not apply any deposit commission.
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IFC Markets Deposit Methods
Being able to make a secure and fast credit to one’s account is a crucial factor in having adequate financial organization and excellent investment management. Being aware of how important it is for traders to receive a deposit and withdrawal service with high standards of security and structured to meet any need, the broker offers a wide list of methods that include credit cards, bank transfers, and cryptocurrencies. Additionally, regardless of the selected method, the trader will not be required to pay any deposit commission. Security, transparency, and convenience.
When selecting the deposit method, the trader will be able to know its characteristics in detail. By clicking on the icon, access will be provided to the page dedicated to the selected method, where it is easy to learn about processing times, minimum deposit, maximum deposit amount, and more.
Below is a list of deposit methods available with the broker:
Deposit Method | Processing Time | Deposit Commission | Minimum Deposit | Maximum Deposit | Withdrawal Method Available |
---|---|---|---|---|---|
International Bank Transfer | Typically requires 2 to 3 business days | Commission imposed by the trader’s bank | $100 / €100 | Unlimited | International Bank Transfer |
Credit/Debit Cards (Visa – Mastercard) | Immediate | Zero | $100 / €100 / ¥10,000 | $5000 / €5000 / ¥500,000 | Same card used for the deposit |
FX-IR Pasargad Exchange | Within 1 hour | Zero | $1 | Unlimited | FX-IR Pasargad Exchange |
Mobile Money / M-Pesa | Immediate | Zero | $5 / €5 | $500 / €500 | Mobile Money / M-Pesa |
Local African Bank | Immediate | Zero | $5 / €5 | $500 / €500 | Local African Bank |
Cryptocurrencies | Immediate | Zero | $20 / €20 / 2000¥ / 800 uBTC | Unlimited | Cryptocurrencies |
TopChange (TCPay) | Immediate | Zero | $1 | Unlimited | TopChange |
Perfect Money | Immediate | 0.5 – 1.99% | $1 / €1 | $5000 / €5000 | Perfect Money |
Bitwallet | Immediate | Zero | $10 / €10 / ¥1000 | Unlimited | Bitwallet Payment System |
WebMoney | Immediate | 20% | $1 | Unlimited | WebMoney Payment System |
ADVCash | Immediate | Zero | $1 / €1 | $5000 / €5000 | ADVCash |
National Transfer | Within 1 hour | Zero | $20 / €20 | Unlimited | National Transfer |
It’s important to remember:
Withdrawing funds may involve a payment system commission. Such fees can:
- Fund withdrawals from the account might require payment of a fee. These fees that need to be paid could vary based on the payment system used, introduced and/or modified by payment systems without any notice.
- Some of the payment methods offered may involve a deposit commission that is not dependent on the broker.
Deposit Terms and Conditions
- The client has the ability to make a deposit at any time.
- Deposits will be considered valid only if the trader uses a single payment method (if a client selects a payment method to credit funds, they will not be able to use others).
- Deposits made by third parties (not account holders) will not be considered valid.
- The broker reserves the right to charge any transfer fees imposed by payment service providers (banks, electronic payment providers, crypto-exchangers, and others) and to impose deposit limits and fees in the system at any time.
- When a trader makes a deposit, the crediting of funds will be made within 24 hours from the deposit request.
- To make a deposit, the trader must provide additional documentation for anti-money laundering (“AML”), perform an identity and country of origin verification (Know Your Customer – “KYC”), and comply with any other law or rule imposed by the regulatory body.
- If the broker suspects that the funds have been deposited by third parties (and therefore not by the account holder), IFCMARKETS. CORP. reserves the right to refuse the credit and return the funds to the sender minus any transfer fees or other possible charges.
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IFC Markets Accounts
To deposit funds and start investing, the trader must be the holder of an active, rigorously verified account. The range of accounts offered by the broker is carefully designed to satisfy any type of trader. Experts, beginners, high-volume investors, and professionals with specific needs will have the opportunity to try and find the account that best suits their modus operandi.
The list of available accounts is very broad, allowing traders to choose from 8 different accounts, each carefully created to ensure maximum operability for a particular category of trader. The accounts are divided into three subcategories, which vary based on the platform used to trade. Regardless of the type of account selected, the trader will not have to pay any trading commission.
Furthermore, if the trader is interested in testing the offered environment without committing funds, they may opt for opening a demo version of the selected account and start trading with virtual funds at zero risk before opening a real account.
NetTradex Accounts
Flexible accounts with excellent trading conditions, NetTradex accounts allow traders to choose whether to trade with fixed or variable spreads. An excellent solution for clients who wish to tailor strategies perfectly to the selected instrument.
- Standard Account.
- An account type created to allow traders of any level excellent interaction in the markets. The Standard account enables both industry experts and beginner traders to access a well-structured environment with advantageous trading conditions. Both variable and fixed spreads starting from 0.4 pip, high leverage, and no trading commissions.
- Beginner Account
- Created for newcomers with a low risk tolerance, the beginner account allows traders to trade small sums without worrying about significant losses.
Characteristics | Standard Account | Beginner Account |
---|---|---|
Account Currency | USD, EUR, JPY, uBTC | USD, EUR, JPY, uBTC |
Initial Deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY |
Maximum Deposited Amount | Unlimited | $5000 |
Available Leverage | From 1:1 to 1:200 Variable based on the selected instrument | From 1:1 to 1:400 Variable based on the selected instrument |
Minimum Fixed Spread | Starting from 1.8 pip | Starting from 1.8 pip |
Minimum Variable Spread | Starting from 0.4 pip | Starting from 0.4 pip |
Short Margin Level (Stop out) | 10% | 10% |
Minimum Transaction Volume | 10000 units | 100 units |
Market News | Available | Available |
Position Accounting System | Covered / Net | Covered / Net |
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MT4 Account
One of the most widely used and efficient platforms in the world, MT4 allows traders personalized and efficient access to the markets. By trading on the markets with MT4 accounts, traders can fully leverage their capabilities with cutting-edge tools and features. Unlike previously described accounts, MT4 accounts offer only fixed spreads.
- Standard Account.
- Account type suitable for experts in the field who need certain tools and conditions to maximize benefits from any operation.
- Micro Account.
- An account with limited risks and costs, the Micro is the right option for beginners who want to trade on the markets without having to commit significant amounts.
- PAMM Account
- An account that allows the trader to rely on a professional in the field who will develop strategies, perform accurate analyses, and make investments. By selecting the master to manage their account, the trader will pay a commission percentage on the earnings obtained (which varies depending on the selected master).
Features | Standard Account | Micro Account | PAMM Account |
---|---|---|---|
Available account currencies | USD, EUR, JPY | USD, EUR, JPY | USD |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | 100 US Dollars |
Maximum deposited amount | Unlimited | 5000 USD | 5000 EUR | 500,000 JPY | Unlimited |
Max leverage | From 1:1 to 1:200 Variable depending on the selected instrument | From 1:1 to 1:400 Variable depending on the selected instrument | From 1:1 to 1:200 Variable depending on the selected instrument |
Minimum fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Trading commissions | Zero | Zero | Zero |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum transaction volume | 0.1 lot | 0.1 lot | 0.1 lot |
Market news | Available | Available | Available |
Position accounting system | Covered | Covered | Covered |
MT5 Account
Undoubtedly the most powerful and popular multi-asset platform in the world, MT5 offers traders of any level access to a highly professional performance environment. Well-structured trading conditions, customizable and technologically advanced functions and tools.
Features | Standard Account | Micro Account | PAMM Account |
---|---|---|---|
Available account currencies | USD, EUR, JPY | USD, EUR, JPY | USD |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | 100 US Dollars |
Maximum deposited amount | Unlimited | 5000 USD | 5000 EUR | 500,000 JPY | Unlimited |
Max leverage | From 1:1 to 1:200 Variable depending on the selected instrument | From 1:1 to 1:400 Variable depending on the selected instrument | From 1:1 to 1:200 Variable depending on the selected instrument |
Minimum fixed spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Trading commissions | Zero | Zero | Zero |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum transaction volume | 0.1 lot | 0.01 lot | 0.01 lot |
Market news | Available | Available | Available |
Position accounting system | Covered/Net | Covered/Net | Covered |
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How to Open an Account with IFC Markets
The procedure that allows traders to open a new account with the broker is simple, fast, and secure. In a short time, potential clients will have access to the dedicated registration section, provide the required information, and select the platform and account best suited to their needs. To activate the account and make an initial deposit, the trader must undergo verification to prove their real identity and country of origin.
To open a new account and start investing with the broker, just follow these simple and quick steps:
- First Step
- Visit the official website of the broker and click on the “Open an account” icon, visible at the top right of the screen. On the new page, fill out the first form by entering: name, surname, email, secure password, country of residence, phone number. Click on “register”. The broker will send a verification email to the address provided during registration. Access your email and click on the verification link.
- Second Step
- In this step, the trader will complete the registration by specifying: platform to use, type of account, maximum leverage, and account currency. Read and accept the terms and conditions of use. Click on “Open an account”.
- Last Step
- To definitively activate the account and make a deposit to start trading, the trader will need to provide all the required personal information and verify it. In the new tab, the trader will need to enter: date of birth, address, city, state/province, postal code, tax code. After entering the information listed above, the trader will have to perform a data verification by sending: a clear front and back photo of an identification document (driver’s license, ID card, passport) and a recent utility bill containing the trader’s full address (internet, gas, electricity, etc.). If suitable, the trader will be able to make an initial deposit and start investing.