Head to head
Alpari vs IFC Markets
Alpari has no licence we could confirm on a regulator's register. IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.
Minimum deposits start at $30 at Alpari and $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000). Only IFC Markets offers negative balance protection. Neither offers segregated client money.
Facts last checked: Alpari on 20 October 2026, IFC Markets on 20 October 2026.
Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.
Broker
Comparing
Alpari
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands
Overview
Founded
1998
2006
Headquarters
Fomboni, Mohéli, Comoros
Not yet checked
Official websites
- alpari.com
- ifcmarkets.com
- ifcmarkets.co.in
- ifcmarkets.ae
- ifcmarkets.hk
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
No licence listed
IFCMARKETS. CORP.
Regulation level
No licence listed
Offshore registration only
Clients this company serves
No licence listed
International clients (not residents of the US, Russia or the BVI)
All licences held
None listed
- BVI FSC (British Virgin Islands)
- Labuan FSA (Labuan, Malaysia)
Costs
Your monthly cost
No accounts listed
$180$18 per lot × 10 lots
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Leverage and margin
Up to 1:3000 (ECN and Pro ECN); 1:1000 on Standard; 1:500 on Micro
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Retail leverage by asset class
- Micro account: Up to 1:500
- Standard account: Up to 1:1000
- ECN and Pro ECN accounts: Up to 1:3000 (floating)
- All instruments, Standard accounts: Up to 1:200
- All instruments, Micro and Nano accounts: Up to 1:400
Stop-out level
20% on Micro and Standard; 50% on ECN and Pro ECN
10%
Account
Minimum deposit (this account)
No accounts listed
$1,000
Platforms and features
Platforms
- MetaTrader 4
- MetaTrader 5
- Alpari trading app
- NetTradeX
- MetaTrader 4
- MetaTrader 5
- Web terminal
- Mobile apps
Markets
Forex, metals, indices, commodities, cryptocurrencies, stocks, ETF, futures and crosses CFDs
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked
Deposits and withdrawals
Deposit methods
- Debit or credit card
- Bank wire
- E-wallet
- Cryptocurrency
- Local payment methods
- Bank transfer
- Bank card
- Cryptocurrency
- Open Banking
- Local bank (Africa)
- Mobile money
- WebMoney
Withdrawal fee
Varies by method; the fee is taken from the amount withdrawn
Bank wire at your bank's fee; card, crypto and e-wallet withdrawals carry fees that vary by method (for example 3% for Open Banking)
Inactivity fee
Not yet checked
Up to $10 a month after 12 months without trading, only while the balance is positive
Support
Customer support
Live chat, chatbot, messengers and phone helpline
24/7 online support
Our notes
Strengths
- Four account types, from a $30 Micro account to a raw-spread Pro ECN account
- Commission-free Micro, Standard and ECN accounts
- MetaTrader 4 and 5, PAMM investing and a demo account
- Fixed 1.8-pip EUR/USD spread on Classic accounts, so costs are known in advance
- Micro and Nano accounts from $15
- Choice of NetTradeX, MT4 and MT5, with hedging or netting on MT5 and NetTradeX
Watch out for
- Says it holds Mwali International Services Authority (MISA) licence T2023236; we could not confirm it on MISA's register on 2026-10-20, because the register sits behind a bot check
- No licence from a strict regulator; not available to UK or EU residents
- We found no statement on its site about segregated client money or negative balance protection
- Leverage up to 1:3000, and deposit bonuses that come with conditions
- Licensed only in the BVI (offshore) and Labuan; no FCA, ASIC, CySEC or similar licence
- Stop-out level of only 10%, so positions are closed late and losses can run far
- Monthly inactivity fee of up to $10 after 12 months without trading
- Standard accounts need a $1,000 first deposit
Choose at least one broker above to start comparing.
Risk warnings
The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:
- Alpari: Before trading, you should ensure that you've undergone sufficient preparation and fully understand the risks involved in margin trading.
- IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.
Open this comparison in the full tool to share a link with your own accounts and companies chosen.
Other head-to-head pages
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- Alpari vs XChief
- Alpari vs XM
- Alpari vs XS.com
- AMarkets vs IFC Markets
- AvaTrade vs IFC Markets
- Axi vs IFC Markets
- AYA Markets vs IFC Markets
- CapitalXtend vs IFC Markets
- CG FinTech vs IFC Markets
- CMC Markets vs IFC Markets
- CPT Markets vs IFC Markets
- DeltaFX vs IFC Markets
- ePlanet Brokers vs IFC Markets
- Errante vs IFC Markets
- eToro vs IFC Markets
- Exness vs IFC Markets
- FIBO Group vs IFC Markets
- FP Markets vs IFC Markets
- FXCM vs IFC Markets
- FxPro vs IFC Markets
- HYCM vs IFC Markets
- IC Markets vs IFC Markets
- IFC Markets vs IG
- IFC Markets vs Interactive Brokers
- IFC Markets vs Inveslo
- IFC Markets vs Investizo
- IFC Markets vs ITBFX
- IFC Markets vs LiteFinance (LiteForex)
- IFC Markets vs Markets4you
- IFC Markets vs OANDA
- IFC Markets vs OneRoyal
- IFC Markets vs Opofinance
- IFC Markets vs Orbex
- IFC Markets vs Pepperstone
- IFC Markets vs Plus500
- IFC Markets vs Saxo
- IFC Markets vs STB Provider
- IFC Markets vs Swissquote
- IFC Markets vs ThinkMarkets
- IFC Markets vs Tickmill
- IFC Markets vs Trendo
- IFC Markets vs Vittaverse
- IFC Markets vs Wingo Markets
- IFC Markets vs WM Markets
- IFC Markets vs XChief
- IFC Markets vs XM
- IFC Markets vs XS.com
Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.
Nothing on this page is financial advice. Read the full disclaimer.