IVY Markets
Pros and 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- Outdated website design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
Basic Information
User Reviews
IVY Markets Overview
IVY Markets is an online forex broker founded in 2018, headquartered in the United States. With an operating period of 2-5 years, IVY Markets Limited is committed to providing a reliable trading environment for its clients. The broker is regulated, ensuring compliance with industry standards and offering a level of trust for traders looking to navigate the forex market safely and effectively.
IVY Markets offers a diverse range of trading instruments, including forex, commodities, and indices, allowing traders to access various financial markets through a user-friendly trading platform. The broker emphasizes fast trade execution and customer support, available 24/7 to assist clients with their trading needs. Additionally, IVY Markets provides attractive features such as low spreads and instant withdrawals, making it an appealing choice for both new and experienced traders seeking efficient trading solutions.
Is IVY Markets Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| NFA | United States | Common Business Registration |
Is IVY Markets Regulated and How Are Client Funds Protected?
IVY Markets is a regulated broker, operating under the oversight of the National Futures Association (NFA) in the United States. This regulatory status provides a level of trust and legitimacy to its operations, offering clients an assurance that the broker adheres to industry standards. Client funds are protected through measures that include common business registration, which ensures a degree of separation between client funds and company operating capital. This regulatory framework is essential for safeguarding traders’ investments and enhancing overall confidence in the trading environment provided by IVY Markets.
Trading Products and Services
What Trading Instruments Does IVY Markets Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs (e.g., EUR/USD, GBP/USD, USD/JPY), Minor & Exotic Pairs | 100+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Varies |
| Stocks | US (e.g., Apple, Tesla), UK (e.g., BP, Vodafone) | Varies |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin | Varies |
IVY Markets offers a diverse range of trading instruments that cater to various trading styles and preferences. With access to forex, commodities, indices, stocks, and cryptocurrencies, traders can engage in a wide array of markets, allowing for effective portfolio diversification. This extensive product offering meets the needs of different types of traders, from beginners looking to explore the forex market to experienced professionals seeking advanced trading strategies. By providing multiple asset categories, IVY Markets empowers traders to adapt their strategies according to market conditions, enhancing their potential for success.
Account Types and Trading Conditions
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.
Trading Platforms and Apps
What Trading Platforms and Apps Does IVY Markets Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | 2FA, multiple order types, price alerts, technical indicators | Demo accounts, API interfaces |
| Web Version | Any device with internet access | Encryption, symbol lookup, one-click trading, economic calendar | No additional services |
| Mobile App | iOS, Android | Biometrics, push notifications, quick order execution | No additional services |
IVY Markets provides a range of trading platforms tailored to different trading preferences. The MetaTrader 5 (MT5) platform is ideal for advanced traders, offering extensive tools for market analysis and automated trading capabilities. The web version allows trading from any device with internet access, ensuring flexibility for users. The mobile app enhances convenience, enabling traders to manage their accounts and receive real-time alerts on the go. Each platform emphasizes security with features like two-factor authentication and encryption, promoting a secure trading environment.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $50, Max $20,000/day | USD |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $10,000 | USD |
| E-wallets (e.g., PayPal, Skrill) | Instant | No platform fee, but 1.5% charge for e-wallet withdrawals | Min $50, Max $10,000 | USD |
Minimum Deposit
The minimum deposit requirement at IVY Markets is $50. This amount applies to all account types and payment methods, allowing traders to start their trading journey with a manageable investment.
How to Withdraw
To withdraw funds from your IVY Markets account, follow these steps:
- Log into your IVY Markets account.
- Navigate to the ‘Withdrawal’ section in the account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw, ensuring it adheres to the limits.
- Complete any necessary verification steps as prompted.
- Submit your withdrawal request and await confirmation.
Customer Support
IVY Markets Customer Support Overview
Support Channels
IVY Markets offers multiple contact methods to assist customers effectively. Traders can reach out via:
- Email: Clients can send inquiries to support@ivy-markets.com for assistance with any issues or questions.
- Live Chat: A live chat feature is available on the website, providing instant support for urgent queries.
- Telephone: Customers can call IVY Markets at +66265944008 for direct communication.
- Social Media: IVY Markets maintains an active presence on social media platforms, allowing customers to connect and receive updates.
Service Availability
Customer support is available 24/7, ensuring that traders can receive help at any time. Additionally, IVY Markets offers multilingual support, catering to a diverse clientele.
Additional Resources
IVY Markets provides several educational resources to enhance the trading experience. Traders can access video tutorials and webinars designed to improve their trading skills and knowledge. Furthermore, market analysis and trading signals are available, helping clients make informed decisions in their trading activities.
Frequently Asked Questions
Yes, IVY Markets is regulated by the National Futures Association (NFA) in the United States. This regulatory status provides clients with assurance regarding the broker’s compliance with industry standards. Client funds are protected through common business registration, ensuring a separation between client funds and the company’s operating capital, which helps safeguard traders’ investments.
IVY Markets offers a diverse range of trading instruments, including over 100 forex pairs (major, minor, and exotic), commodities such as gold and crude oil, indices like the S&P 500 and NASDAQ, stocks from US and UK markets, and cryptocurrencies including Bitcoin and Ethereum. This variety allows traders to engage in multiple financial markets and diversify their portfolios.
The minimum deposit required to open any account type with IVY Markets is $50. This low entry point makes it accessible for traders looking to start their trading journey with manageable capital.
You can contact IVY Markets’ customer support through several channels. You can email them at support@ivy-markets.com, use the live chat feature available on their website for instant assistance, or call their support line at +66265944008. Customer support is available 24/7, ensuring that you can receive help whenever needed.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.