IFC Markets vs TeleTrade
IFC Markets or TeleTrade – which is better for UK traders 2024? Compare IFC Markets and TeleTrade in this detailed breakdown of their platforms, features and fees.
| IFC Markets | TeleTrade |
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Not Rated
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| IFC Markets is ranked #97 among CFD brokers. | TeleTrade is ranked #97 among CFD brokers. |
| IFC Markets is an STP broker that was founded in 2006 and has since gained 200,000 clients and several awards. This broker has some of the most interesting and wide-ranging additional tools, elevating its clients' trading experience via portfolio quoting, personal composite instruments and extensive analytics. | TeleTrade offers ECN accounts with tight spreads & powerful trading platforms. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1, ¥100 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| BVI FSC, SC, Labuan Financial Services Authority | CySEC |
| Mobile Apps | |
| Yes | Yes |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | No |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Auto Trading | |
| Yes (APIs) | Yes |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Follow and profit from top traders using IFC Market's copy solution. | |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes (Via Chartist Software) | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Commodities | |
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| CFD | |
| IFC Markets clients can access CFDs across commodities, cryptos, indices and ETFs. I’m pleased to see that assets are all available on MT4, MT5 and NetTradeX with decent leverage rates of up to 1:400. | Diversify your portfolio by trading in multiple financial markets. |
| Leverage | |
| 1:400 | 1:30 (Retail), 1:500 (Pro) |
| FTSE Spread | |
| 300 | 1.9 |
| GBPUSD Spread< | |
| 3 | 1.3 |
| Oil Spread | |
| 12 | 0.09 |
| Stocks Spread | |
| Variable | Variable |
| Forex | |
| I like that there’s a decent range of 50+ major, minor and exotic forex pairs available at IFC Markets, with just a $1 minimum deposit. That said, spreads are fixed from 1.8 pips, which isn’t the lowest I’ve seen. | Participate in the global currency market with leveraged trading. |
| Assets | |
| 50 | 60+ |
| GBPUSD Spread | |
| 3 | 1.3 |
| EURUSD Spread | |
| 1.8 | 0.9 |
| EURGBP Spread | |
| 1.8 | 1 |
| Currency Indices | |
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| Cryptocurrency | |
| IFC Markets also boasts a good selection of 15 cryptocurrency CFD pairs and I’m particularly impressed to see Bitcoin futures on offer. The free demo account is an excellent place to start if you want to practice your crypto trading strategies. | TeleTrade offers a range of popular and emerging crypocurrencies. |
| Spread | |
| 50 pips | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| IFC Markets | TeleTrade |
| More Comparisons | |
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IFC Markets vs |
TeleTrade vs |