IFX Markets – Good if You are for Contests

IFX Markets is another broker with a ‘Markets’ in its name (strangely, such brokers offers only Forex market trading, without CFD or stocks). IFX Markets offers their clients a custom trading platform which is slightly above average, but can’t be compared to Metatrader 4 in any way. Financial side is quite poor – bank wire and checks for transfers and $500 minimum, with the rudimental trading fees – $1.25 for every 10,000 lot traded (overnight interest is also applied) – are rare thing in modern on-line Forex world. The good side is Forex trading contests which are available for demo accounts – prizes are usually quite generous.