Forex IVY Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.8

Business 2.1

Risk Control 2.4

Software 3.1

Regulatory 2.6

Terminal Snapshot

IVY Markets Trading Conditions

Registered Region United States

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@ivymarkets.com

Contact Number +66265944008

Website ivy-markets.com

Balanced Review

Pros & Cons

Pros

Regulated by the National Futures Association (NFA)
Diverse trading instruments: forex, commodities, indices, stocks, cryptocurrencies
Trading platform: MetaTrader 5 (MT5) with advanced tools
Low minimum deposit requirement of $50
24/7 customer support available

Cons

Lack of regulation from recognized financial authorities
Limited transparency regarding company information
Reports of poor customer service
Outdated website design
Delayed or denied fund withdrawals

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	IVY Markets	Webull	Jefferies	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	United States	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does IVY Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and casual traders	Low minimum deposit, no commission	Suitable for small-capital practice
Professional Account	Experienced traders	High leverage, no commission	Requires trading volume qualifications

Account Opening Process

To open an account with IVY Markets, traders must follow a series of steps. Initially, they will need to submit personal information, including their full name, contact details, and date of birth. Next, employment and financial details are required to assess the trader’s profile. Identity verification is an essential step, which includes providing a valid ID and proof of address. Once the account is opened, there is flexibility for traders to upgrade to a professional account if they meet the necessary criteria later on.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.2	$0	Competitive spreads for major pairs
Forex (Minor Pairs)	0.3	$0	Low spreads for minor pairs
CFDs (Stocks)	Varies	$0	No commission on stock CFDs
CFDs (Indices)	Varies	$0	No commission on index CFDs
Commodities	Varies	$0	No commission on commodity trading
Cryptocurrencies	Varies	$0	No commission on cryptocurrency trading

Other Fees

IVY Markets does not charge any fees for deposits or withdrawals, ensuring that traders can manage their funds without incurring additional costs. There are no inactivity fees reported. However, traders should be aware of potential overnight interest (swap rates) that may apply to positions held overnight. Currency conversion fees may also apply, depending on the payment method and the currency involved.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

IVY Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I had a frustrating experience with IVY Markets. After making a profit, I attempted to withdraw my funds, but my account was locked, and I received no response from customer support despite multiple emails. It feels like I was scammed, and I’m very disappointed.

Emily Johnson

Los Angeles, USA

★ ★ ★ ★ ★

Overall, I’ve had a positive experience with IVY Markets. The trading platform is user-friendly and the execution speed is impressive. I appreciate the variety of trading instruments available. However, the website design could use some updates.

Michael Brown

Chicago, USA

★ ★ ★ ★ ★

Beware of IVY Markets! I deposited money and made some trades, but when I tried to withdraw my profits, they claimed there were issues with my account and required a verification fee. It felt like a trap, and now I can’t get my money back.

Sarah Davis

Houston, USA

★ ★ ★ ★ ★

Ivy Markets has been great for me! The support team is responsive, and I love trading on the MetaTrader 5 platform. The low minimum deposit made it easy for me to start. I recommend it for anyone looking to get into forex trading!

United States Market