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Head to head

IFC Markets vs Wingo Markets

IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, and also has an offshore registration. Wingo Markets has no licence we could confirm on a regulator's register. 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 $50 at Wingo Markets. Only IFC Markets offers negative balance protection. Neither offers segregated client money.

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

IFC Markets profileWingo 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
IFC MarketsOffshore registration onlyRead the profile
Wingo MarketsRead the profile
Comparing
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands
Wingo Markets

Overview

Founded
2006
Not yet checked
Headquarters
Not yet checked
Podgorica, Montenegro (registered office); company incorporated in Mwali, Comoros
Official websites
  • ifcmarkets.com
  • ifcmarkets.co.in
  • ifcmarkets.ae
  • ifcmarkets.hk
  • wingomarkets.com
  • clientx.wingomarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
IFCMARKETS. CORP.
No licence listed
Regulator
BVI FSC
British Virgin Islands
No licence listed
Regulation level
Offshore registration only
No licence listed
Licence number
SIBA/L/14/1073
Check the register
No licence listed
Clients this company serves
International clients (not residents of the US, Russia or the BVI)
No licence listed
All licences held
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
None listed
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
Not yet checked

Leverage and margin

Maximum retail leverage
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
1:500
Retail leverage by asset class
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
Not yet checked
Margin call level
Not yet checked
100%
Stop-out level
10%
30%

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
  • MetaTrader 5
  • Web platform
  • Mobile app
Markets
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
Forex, metals, oil, indices, crypto and share CFDs (the broker says 1,000+ instruments)
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
  • Wingo Pay
  • Mastercard
  • USDT (TRC20)
  • USDT (BEP20)
  • Volet
  • AdvCash
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)
Not yet checked
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
Phone, email and Telegram

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
  • Low published minimum deposit ($50 on the Starter account)
  • Account conditions, margin call and stop-out levels are published for every account
  • Social trading account for copying other traders
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
  • Says it holds International Brokerage and Clearing House licence T2023302 from the Mwali International Services Authority (MISA); we could not confirm it on MISA's register on 2026-10-20 because the register site blocked our access.
  • The Central Bank of the Comoros said on 8 December 2025 that MISA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • FinCEN registration as a money services business is an anti-money-laundering registration, not a licence to offer trading
  • Leverage up to 1:500 and no published negative balance protection

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.
  • Wingo Markets: Trading derivatives and leveraged products involves a high level of risk and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved and only trade with money you can afford to lose.

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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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