iFOREX vs Markets.com: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeiFOREXMarkets.com
Licence Score22Very weak66Strong
Strongest licence 4 Tier 4 1 Tier 1
Licences on record14
1 FCA United Kingdom —Licensed
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
4 BVI FSC British Virgin Islands LicensedLicensed
Founded19962008
HeadquartersBritish Virgin IslandsCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsProprietaryProprietary, MT4, MT5
Minimum depositUS$100US$100
VisitVisit siteVisit site

Frequently asked questions

Is iFOREX or Markets.com better regulated?

Markets.com has the higher Licence Score (66 vs 22), based on the number and tier of licences, operating history and public listing.

Which regulators license both iFOREX and Markets.com?

Both are matched to licences from BVI FSC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.