What's the order execution model of IFC Markets?
Explore IFC Markets’ hybrid order execution model, fixed and floating spreads, and trading account options for every level of trader.
Table of Contents
- IFC Markets Order Execution Explained: Models, Spreads, Slippage, and Account Types
- Order execution model of IFC Markets
- 1. Mixed execution of customer orders
- a) Small transaction volume below 1 million
- b) Customer orders with transaction volume greater than 1 million and less than $10 million
- c) Bulk order execution (over $10 million)
- 2. Fixed and floating spreads
- 3. Slippages and Requotes
- 4. Execution of market orders, limit orders, stop orders and news-based trading
- Fixed and Variable Spreads – Trading Account Types
- FAQs
IFC Markets uses a hybrid order execution model to ensure best execution for its clients, offering instant execution with fixed and floating spreads depending on trading volume. Small orders under $1 million are processed instantly by the platform and later aggregated for hedging, while medium orders (between $1M–$10M) use straight-through processing (STP), and large orders over $10 million are routed directly to liquidity providers via DMA. The platform supports fixed spreads to protect traders from market volatility and floating spreads for more flexibility, depending on account type and strategy. Slippage and requotes are minimal for small and medium volumes, with more variability during high-volume trades or news events. IFC Markets offers a range of account types on NetTradeX, MT4, and MT5 platforms, with different deposit requirements, spreads, and leverage levels to suit all trader profiles.
IFC Markets Order Execution Explained: Models, Spreads, Slippage, and Account Types
Trade smarter with IFC Markets — reliable execution, low spreads, and flexible account types tailored to your strategy!
Key Feature | Description |
---|---|
Execution Model | Hybrid model with Instant Execution, STP, and DMA based on trade volume |
Small Orders (< $1M) | Executed instantly and aggregated for hedging, no delay |
Medium Orders ($1M–$10M) | Executed instantly via STP with automatic hedging |
Large Orders (> $10M) | Executed via DMA with possible delays or requotes |
Spreads | Fixed and floating spreads available depending on account type |
Slippage/Requotes | Minimal for small orders; possible during market volatility |
Account Types | Over 10 accounts on NetTradeX, MT4, and MT5 with varied conditions |
Minimum Trade Volume | From 0.001 lots, depending on account type |
Leverage | Up to 1:400 based on account and platform |
Order execution model of IFC Markets
Best execution means that when a broker executes a client order, it needs to offer the best execution possibility.
IFC Markets is responsible for providing the best trading conditions:
- Order Execution – Instant Execution
- Pricing – strict fixed and floating spreads
- Volume – any volume (minimum 0.001 lots)
Go to IFC Markets’ Official Website
1. Mixed execution of customer orders
The quotation provided by the company to the customer is automatically formed by the best price from the liquidity provider. The quotation is a fixed spread.
The client sends an application to execute the order according to the quotation
The IFC Markets company follows a hybrid model that executes customer orders based on trading volume.
a) Small transaction volume below 1 million.
The order is executed immediately according to the platform price, and is added to form a larger order and submitted to the liquidity provider for hedging.
For customers, there is no delay, and the risk of changes in the liquidity provider’s price is borne by IFC Markets.
And most small orders are The direction is reversed so that the internal hedging is zero, and only a small number of orders are combined into large orders and hedged.
This increases the reliability of IFC Markets’ scheme.
b) Customer orders with transaction volume greater than 1 million and less than $10 million.
Orders are executed instantly at the platform’s price and are automatically hedged at liquidity providers.
This is STP straight-through processing.
No delay. Changes in liquidity provider prices are at IFC Markets’ risk.
c) Bulk order execution (over $10 million)
The order enters the company’s server and is immediately received by the liquidity provider, confirms the possibility of executing the trade (if the price remains unchanged) and executes the trade.
The client terminal receives information about the completed trade. Direct access to the DMA market is implemented here.
In this scenario, there may be delays and re-quotes by liquidity providers.
IFC Markets’ order fulfillment service is not only comfortable for the customer, but also safe for the company.
Go to IFC Markets’ Official Website
2. Fixed and floating spreads
The company offers fixed and floating spreads (depending on the account type you choose).
Most all instruments support floating spreads.
The fixed spread avoids the volatility of the spread per minute – this is equivalent to a benefit to the client, because the company takes the risk of volatility on itself.
Clients can trade on fixed spreads instead of placing orders directly to the market – for medium and larger For small volumes, IFC Markets’ approach is to execute and then automatically transfer the position to a liquidity provider (this model is compliant with IFC Markets’ regulations and licenses).
Among scalpers, clients can use their own trading strategies more precisely.
The floating spreads at the opening are not so large compared to most fixed ones, which is very convenient for intraday trading.
3. Slippages and Requotes
For small and medium volume orders, there will be no requotes, as there is no need to wait for an answer from the liquidity provider – these orders are filled directly by the company.
Requotes will only be done in case of major news or bad network because The price has changed during the process from the trading platform to the company’s server.
Customers can set the allowable price slippage on the platform in advance.
If the quoted price changes, but is within the allowable slippage range, then the order will be executed according to the new quoted price without requoting.
For large trading volumes (more than 10 million US dollars), re-quotes may occur when news releases or market fluctuations fluctuate greatly, so the order is executed by the liquidity provider.
Go to IFC Markets’ Official Website
4. Execution of market orders, limit orders, stop orders and news-based trading
Market orders with average trade volume are executed at the platform’s price. Large trades over $10 million go to the liquidity provider.
Limit orders are executed at the client’s price or better.
A stop-loss order is executed at the client’s price, and after a price, disconnection occurs, at the price at which the market first appeared.
Clients can use any trading strategy, including wave scalping, based on news trading.
Under news and unexpected events, the price may fluctuate and disconnect.
In such cases, the order will follow the first after disconnection. The price of the second occurrence is executed.
The first price appears, according to the rules, requires the confirmation of the second price, so in such a case, there may be a delay.
Because the market needs to calm down and give the first after disconnection price.
Go to IFC Markets Official Website
Fixed and Variable Spreads – Trading Account Types
IFC Markets offers more than 10 trading accounts with 3 different trading platforms.
See the tables below to know the difference of trading conditions and choose the right account type and platform for your strategy.
NetTradeX | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
---|---|---|---|
Balance currency | USD EUR JPY uBTC | USD EUR JPY uBTC | USD EUR JPY uBTC |
Initial deposit | 1000 USD, 1000 EUR, 100000 JPY | 1 USD, 1 EUR, 100 JPY | – |
Maximum equity | – | 5000 USD | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 10000 units | 100 units | 100 units |
Market newsline | Available | Available | – |
Accounting system of positions | Hedged/Netting | Hedged/Netting | Hedged/Netting |
Registration Page | Open Standard-Fixed & Floating Account | Open Beginner-Fixed & Floating Account | Open Demo-Fixed & Floating Account |
Open IFC Markets NetTradeX Account
MT4 | Standard-Fixed | Micro-Fixed | Demo-Fixed |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged | Hedged | Hedged |
Registration Page | Open Standard-Fixed Account | Open Micro-Fixed Account | Open Demo-Fixed Account |
MT5 | Standard-Floating | Micro-Floating | Demo-Floating |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged and Netting | Hedged and Netting | Hedged and Netting |
Registration Page | Open Standard-Floating Account | Open Micro-Floating Account | Open Demo-Floating Account |
FAQs
- What execution model does IFC Markets use?
- IFC Markets uses a hybrid execution model combining instant execution, STP, and DMA depending on the trade volume.
- How are small-volume trades handled?
- Orders below $1 million are executed instantly on the platform and later aggregated for hedging without delay.
- What is the execution method for trades between $1M and $10M?
- These are executed using Straight-Through Processing (STP) and hedged automatically with liquidity providers.
- How are large trades over $10 million executed?
- They are processed via Direct Market Access (DMA) with liquidity provider confirmation, which may involve slight delays or requotes.
- What types of spreads does IFC Markets offer?
- Both fixed and floating spreads are available, depending on account type and trading preferences.
- Does IFC Markets have requotes or slippage?
- Requotes are rare for small/medium trades but may occur during high volatility or large-volume trades; slippage can be customized by the trader.
- Can I use news trading or scalping strategies?
- Yes, all strategies including scalping and news-based trading are supported on IFC Markets platforms.
- What account types are available?
- IFC Markets offers over 10 account types across NetTradeX, MT4, and MT5, including standard, micro, and demo accounts.
- What is the minimum deposit for trading accounts?
- Minimum deposits range from $1 for beginner accounts to $1000 for standard accounts, depending on the platform.
- Which trading platforms does IFC Markets support?
- Clients can choose between NetTradeX, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) platforms.
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