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Head to head

Errante vs IFC Markets

Errante is licensed by CySEC in the European Union, and also has an offshore registration. 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 $50 at Errante and $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000). Both offer negative balance protection. Only Errante offers segregated client money.

Facts last checked: Errante on 20 October 2026, IFC Markets on 20 October 2026.

Errante profileIFC Markets profile
Broker 1
Broker 2
Broker 3

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
ErranteStrictly regulatedRead the profile
IFC MarketsOffshore registration onlyRead the profile
Comparing
ErranteEuropean Union
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands

Overview

Founded
Not yet checked
2006
Headquarters
Mahé, Seychelles (EU company in Cyprus)
Not yet checked
Official websites
  • errante.com
  • errante.eu
  • 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
Notely Trading Ltd
IFCMARKETS. CORP.
Regulator
CySEC
European Union
BVI FSC
British Virgin Islands
Regulation level
Strictly regulated
Offshore registration only
Licence number
383/20
Check the register
SIBA/L/14/1073
Check the register
Clients this company serves
Residents of EU and EEA countries, through errante.eu
International clients (not residents of the US, Russia or the BVI)
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
Segregated client money
Yes
No
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
None

Costs

Your monthly cost
No accounts listed
$180$18 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$18
Spread from
No accounts listed
1.8 pips
Typical EUR/USD spread
No accounts listed
1.8 pips
Commission per lot (round turn)
No accounts listed
None
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
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Retail leverage by asset class
Not yet checked
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
Margin call level
100%
Not yet checked
Stop-out level
20%
10%

Account

Minimum deposit (this account)
No accounts listed
$1,000
Base currencies
No accounts listed
USD, EUR, JPY
Execution
No accounts listed
Instant execution, fixed spread, no commission (MT4 and NetTradeX)

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • Web terminal
  • Mobile apps
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
Demo account
Yes
Yes
Copy trading
Yes
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
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
  • Bank transfer
  • Bank card
  • Cryptocurrency
  • Open Banking
  • Local bank (Africa)
  • Mobile money
  • WebMoney
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
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
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Up to $10 a month after 12 months without trading, only while the balance is positive

Support

Customer support
24/7 support by live chat and email (support@errante.com)
24/7 online support

Our notes

Strengths
  • EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
  • Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
  • Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
  • Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
  • 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
  • Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
  • Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
  • Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
  • 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

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:

  • Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.

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Other head-to-head pages

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.

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