Proof of Usefulness Report

IFC Markets

Analysis completed on 2/9/2026

+495
Proof of Usefulness Score
Industry Mainstay

IFC Markets is a verifiable, long-standing financial services provider (est. 2006) with significant scale (350+ employees) and proprietary technology (NetTradeX, GeWorko), distinguishing it from generic white-label brokers. However, the submission itself is of very low quality, featuring hyperbolic and inaccurate claims (e.g., 'most people have used my product', audience reach 'everyone'). While the underlying business fundamentals warrant a high score based on the 'Large Scale' calibration (400-700), the score is suppressed by the lack of verifiable evidence provided in the input and the unprofessional response quality.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+187.5
Audience Reach Impact+112.0
Technical Innovation+120.0
Evidence Of Traction+75.0
Market Timing Relevance+50.0
Functional Completeness+5.0
Subtotal+549.5
Usefulness Multiplierx0.90
Final Score+495

Project Details

Project URL
Description
IFC Markets is a trademark of the IFCM Group. Its activity is connected with development and execution of different projects in the area of financial technologies. IFC Markets is an International Financial company providing services in trading currency pairs, precious metals, Index CFDs, Stock CFDs, Commodity CFDs. In addition, IFC Markets has launched an innovative trading method GeWorko, through which it is possible to create personal composite instruments (PCI) in the trading-analytic platform NetTradeX and instantly obtain their price history. The main goal of IFC Markets is to provide clients with top-level services, including: trade without request, no matter what volume of trade you are performing, instant execution of all kinds of orders, low spreads, contact capability within a few minutes from any part of the world, and 24-hour tech support. IFC Markets is currently involved in creating of subsidiary branches in different regions and countries worldwide. The company offers a competitive partnership program with commission starting from 10$ to 15$ per 1 standard lot. The most important feature that distinguishes IFC Markets from other companies is the provision of its own new-generation trading-platform NetTradeX. This program is the result of several years work of highly-qualified programmers of the NetTradeX Company, also included in the group. Advantages · Professional own trading platform NetTradeX · Trading on streaming quotes with fixed spreads · Leverage of 1:400 for currency pairs and 1:40 for Stocks · Interbank SWAPs for currencies · Interest-free borrowing of non-currency assets · Opportunity to create personal composite instruments PCI

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline