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IFC Markets vs Trendo

IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, and also has an offshore registration. Trendo is licensed by FSC Mauritius in Mauritius (international clients). 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 $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000) and $10 at Trendo. Only IFC Markets offers negative balance protection. Neither offers segregated client money.

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

IFC Markets profileTrendo 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
IFC MarketsOffshore registration onlyRead the profile
TrendoRegulatedRead the profile
Comparing
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands
TrendoMauritius (international clients)

Overview

Founded
2006
Not yet checked
Headquarters
Not yet checked
Port Louis, Mauritius
Official websites
  • ifcmarkets.com
  • ifcmarkets.co.in
  • ifcmarkets.ae
  • ifcmarkets.hk
  • trendo.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
IFCMARKETS. CORP.
Trending Markets (International) Ltd
Regulator
BVI FSC
British Virgin Islands
FSC Mauritius
Mauritius (international clients)
Regulation level
Offshore registration only
Regulated
Licence number
SIBA/L/14/1073
Check the register
GB25205094 (SEC-2.1B Investment Dealer)
Check the register
Clients this company serves
International clients (not residents of the US, Russia or the BVI)
International clients, depending on country of residence; the website does not say which countries go to this company and which to Trendo LLC (Armenia)
All licences held
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
  • FSC Mauritius (Mauritius (international clients))
Segregated client money
No
No
Negative balance protection
Yes
No
Compensation scheme
None
None

Costs

Your monthly cost
$180$18 per lot × 10 lots
No accounts listed
Cost per lot (EUR/USD)
$18
No accounts listed
Spread from
1.8 pips
No accounts listed
Typical EUR/USD spread
1.8 pips
No accounts listed
Commission per lot (round turn)
None
No accounts listed
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
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Up to 1:2000 (1:500 on PAMM accounts and on balances below $50)
Retail leverage by asset class
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
  • Real and demo accounts: 1:25 to 1:2000
  • Balances below $50: Up to 1:500
  • PAMM accounts: Up to 1:500
  • Around major news and market open or close: Cut to 1:500 or 1:200
Margin call level
Not yet checked
100%
Stop-out level
10%
70%

Account

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

Platforms and features

Platforms
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • Web terminal
  • Mobile apps
  • Trendo app (iOS and Android)
  • Trendo desktop (Windows and Mac)
  • Trendo web trader
Markets
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
Forex, gold and metals, cryptocurrencies, stocks and other CFDs
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Bank card
  • Cryptocurrency
  • Open Banking
  • Local bank (Africa)
  • Mobile money
  • WebMoney
  • Visa
  • Mastercard
  • Tether (TRC20 and BEP20)
  • USDC
  • Bitcoin
  • Ethereum
  • Tron
  • BNB
Withdrawal fee
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)
No Trendo fee on any method; blockchain network fees may apply
Inactivity fee
Up to $10 a month after 12 months without trading, only while the balance is positive
Not yet checked

Support

Customer support
24/7 online support
24/7 support and live chat

Our notes

Strengths
  • 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
  • Trending Markets (International) Ltd is on the FSC Mauritius register as an investment dealer (SEC-2.1B), licensed since 28 October 2025
  • One simple account from $10, with a published $3 commission per lot
  • No Trendo fees on deposits or withdrawals, with a $10 minimum per transaction
Watch out for
  • 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
  • Some clients are served by Trendo LLC in Armenia (registration 271.110.1214359); Trendo shows a company registration and charter update for it, and does not cite a financial licence
  • Leverage up to 1:2000 and deposit bonuses that come with trading conditions
  • We found no document setting out where client money is held or whether you have negative balance protection
  • Proprietary platform only; no MetaTrader

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:

  • IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.
  • Trendo: Forex and CFD trading are complex instruments and come with a high risk of rapid capital loss due to leverage. A significant percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how these instruments work and whether you can afford to take the high risk associated with CFD trading. Trade responsibly: always consider your investment objectives, experience level, and risk appetite. If needed, seek advice from an independent financial advisor.

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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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