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Verify with the source.Wherever possible, information is matched against official registers and primary sources.
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Know the type of information.We classify user complaints, company statements and official records separately.
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South Africa-based forex and CFD brand launched in 2023; all clients, including those in Turkey, are served by FSCA-licensed JAROCEL PTY LTD.

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BROKERWeltrade

Forex and CFD brand that says it has operated since 2006; CFD services are provided by the unlicensed Weltrade Ltd, registered in Saint Lucia, while group company Weltrade SA (PTY) Ltd holds an FSCA licence as an intermediary only.

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BROKERIFC Markets

British Virgin Islands-registered forex and CFD brand that says it has operated since 2006; international clients, including clients in Turkey, are served by BVI FSC-licensed IFCMARKETS. CORP., whose physical office is in Yerevan.

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BROKERGrand Capital

Seychelles-registered forex and CFD brand that says it has operated since 2006; according to an archived copy of the register, the Comoros (MISA) licence it claims expired on 9 December 2025, and the Seychelles FSA has issued a warning that the company has never been authorised in Seychelles.

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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

IFC Markets

Broker · International

About the company

Legal company nameIFCMARKETS. CORP. · Nettradex Limited
Year founded2006
Headquarters / registered countryRoad Town, British Virgin Islands
Websitewww.ifcmarkets.com
Last checked08.10.2026

According to its official website, IFC Markets is a forex and CFD brand founded in 2006 and part of IFCM Group. ifcmarkets.com is operated by IFCMARKETS. CORP., registered in the British Virgin Islands under number 669838, which contracts with international clients, including clients in Turkey; the site says this company is licensed by the British Virgin Islands Financial Services Commission (BVI FSC) to carry out investment business (SIBA/L/14/1073). The company's registered address is in Road Town, Tortola, and its physical address is in Yerevan, Armenia. The Turkish version is published at fxifcm.asia. Group company Nettradex Limited, registered in Cyprus, develops the NetTradeX platform. The site's history page says the group earlier set up companies licensed by Labuan FSA and CySEC; however, the current site shows no visible licence statement for these companies. IFCMARKETS. CORP. does not serve residents of the US, Russia and the British Virgin Islands. The company offers forex, precious metals, indices, stock CFDs, cryptocurrencies, commodities, futures and ETFs, as well as synthetic instruments built with the GeWorko method, through Standard, Nano and Micro accounts in the Classic, Direct, Pro and ECN account families on NetTradeX, MetaTrader 4 and MetaTrader 5. The minimum deposit is 15 USD on Nano and Micro accounts and 1,000 USD on Standard and ECN accounts; the lowest amount by method is 15 USD via local bank and mobile money. Leverage is up to 1:400 on Nano and Micro accounts and 1:200 on Standard and ECN accounts. This information is the company's own statement.

Account Details

ACCOUNT TYPESClassic · Direct · Pro · ECN (Standard, Nano, Micro) · Islamic · Demo
MIN. DEPOSIT15 USD (Nano/Micro account)
PLATFORMSNetTradeX · MetaTrader 4 · MetaTrader 5
PRODUCTSForex · Precious metals · Indices · Stock CFDs · Cryptocurrencies · Commodities · Futures · ETFs · Synthetic instruments
LEVERAGEUp to 1:400

Licences and regulation

FSC (British Virgin Islands)

Licence no.SIBA/L/14/1073
Licence holderIFCMARKETS. CORP.
ScopeListed as "Currently Regulated" on the BVI FSC regulated-entities pages (archived copy of 30 Sep 2026) for Dealing as Principal and Arranging Deals in Investments. The register shows no number; SIBA/L/14/1073 is the company's own statement. Serves international clients.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: April 2019 – October 2026

  • Account / trading conditions: 39
  • Withdrawal / payment: 32
  • Other: 10
  • Customer support: 9
  • Identity verification: 2
  • Bonus / promotion: 2

No. 69 for most complaints among 205 institutions.

RANK BY TOPIC — Account / trading conditions: 64. · Withdrawal / payment: 67. · Other: 46. · Customer support: 53. · Identity verification: 68. · Bonus / promotion: 58.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on IFC Markets' Trustpilot page (87) and WikiFX (7) records as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the IFC Markets name are left out. Across the complaints, high or widening spreads, stop-loss and order problems and allegations that accounts were zeroed stand out, along with deposit and withdrawal fees and delayed withdrawals.

Sources and verification history

Official company sourcesifcmarkets.com — homepage and footer, About us, Our History, Legal Information, account types, Deposits, platform pages, Customer Agreement PDF (25 Aug 2026) · fxifcm.asia — Turkish-language Legal page
Regulator recordsBVI FSC — IFCMARKETS. CORP., Dealing as Principal and Arranging Deals in Investments, Currently Regulated Entities (bvifsc.vg, Internet Archive copy of 30 Sep 2026)
Company registerThe site gives British Virgin Islands company no 669838 for IFCMARKETS. CORP. and HE 404377 (Cyprus) for Nettradex Limited
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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