IFC Markets Journal
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IFC Markets |
- Full listing profile: IFC Markets broker profile
Is IFC Markets safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus, FSC BVI
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is IFC Markets trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- IFC Markets website: highly detailed, updated
- IFC Markets popularity (by visitor count): average
How IFCMarkets works
What type of broker is IFC Markets? What type of broker is IFC Markets? IFC Markets is an STP broker (Straight-through processing - automatic realization of transactions with financial instruments). This means that we receive quotations from our liquidity providers, and accumulated clients’ orders are transferred to the marketplaces, accordingly.
IFC Markets performs the trade execution process on a hybrid basis depending on the clients' orders volumes.
a) Small-volume order execution (up to $1 million) The orders are executed instantly at the quote of the company’s trading terminal, then are summed into the bigger ones and only after that are hedged through the liquidity provider.
b) Medium-volume order execution (from $1 - $10 million)
The order is executed instantly at the quote of the company’s trading terminal and is automatically hedged immediately by our liquidity provider. That is the STP (straight through processing) model of trade execution.
c) Large-volume order execution (over $10 million)
The order goes to the company's server and is immediately received by the liquidity provider, which confirms the possibility of executing the transaction (if the price remained unchanged) and the transaction is executed.
The Business-model of the Company is based on transparent and trustworthy relations with the client. The Company receives quotations from leading banks-liquidity providers in the ECN marketplaces and forms streaming quotations for clients from the best prices. In the trading terminal the client sees and trades with the best bid and ask prices on each financial instrument. As a result clients' orders are performed at the price of the liquidity provider that currently offers the best Buy or Sell prices. Our Prime Broker performs clearing functions (settlement of mutual liabilities) between the Company and Banks – liquidity providers.
(57) ...being a Market Maker, we are the customer’s immediate counterpart in relation to any Transaction entered into by a customer via our Online Trading Facility;
64. MARKET MAKING
64.1 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a “Market Maker”
64.3 Following execution of any position with you, we may, at our reasonable discretion, subsequently offset each such position with you with another customer position or with a position with one of our counterparties, or we may decide to retain a proprietary position in the Market with the intention to obtain trading profits from such positions.