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IFX logo

IFX

Offshore
United Kingdom
,
Since 2018
Last Updated:
62/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
500
Account Types
StandardPremiumVIP+3 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Bank Transfer

bank transfer
2 days
Fee:
2.5%
Fee:
Free

Visa and Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Skrill and Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Bitcoin, Ethereum, Litecoin, and others

crypto
Instant
Fee:
Free
Fee:
Free

Ozow and PayFast

other
Instant
Fee:
Free
Fee:
Free

Broker-to-Broker Transfers

other
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 70%, 2: License 65%, 3: Software 51%, 4: Spread 0%, 5: Account Type 62%, 6: Symbol 0%
Regulation
70%Good
License
65%Good
Software
51%Fair
Spread
0%Poor
Account Type
62%Fair
Symbol
0%Poor

Company Information

Full Name:IFX (UK) Ltd
Founded:2018
Headquarters:United Kingdom
Enterprise Offices:2offices

Customer Support

Phone:
+44 (0)20 7495 8888
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

IFX is promoted as an online financial services and trading firm; they claim to offer access to multiple trading markets and associated services. However, there is a marked absence of verified public information about this organization. This includes records of corporate history, details about regulatory bodies and licenses, specific trading conditions, and transparency in operations.

Since IFX’s information lacks independent verification, we urge traders and investors to thoroughly research before opening an account or depositing funds with IFX.

Company History/Background

Limited publicly available verified information is available about any of the following: when it was formed, where its headquarters are located, how it is owned, or when it was formed, compared to publicly regulated brokers that publicly disclose company registration records, licensing information, management, and operational history.

Insufficient independent, verified corporate and historical data prevent us from categorically assessing IFX’s long-term credibility, financial condition, or operational history.

Products/Services

IFX claims to provide access to a variety of financial markets and trading products. Based on our review of their website, the specific instruments and services offered may include:

  1. Forex currency pairs

  2. Commodities, including gold, oil, and

  3. Stock market indices

  4. Cryptocurrency-related products or CFDs

However, IFX does not publicly disclose the precise features of its products or services, including supported instruments, account structures, execution protocols, average spreads/leverage, and trading platform architecture. As a result, traders cannot independently confirm the full range of IFX offerings.

 

 Trading Platforms and Technology

IFX does not disclose specific trading platforms in public documents.
In general, most brokers within this broad industry typically provide platform options, including:
• MetaTrader 4
• MetaTrader 5
• Branded proprietary web-based or mobile platforms.
There are no public disclosures confirming which platforms IFX supports.
New clients are encouraged to directly verify the availability of platforms, execution methodologies, and trading tools prior to establishing an account with IFX.

Regulation&Licensing

Having regulatory oversight is critical when assessing any broker or financial services firm.
At this time, there is no easily verifiable evidence supporting IFX as a licensed financial services firm under any of the major financial authorities listed below
• The United Kingdom's Financial Conduct Authority
• The Australian Securities & Investments Commission
• The Cyprus Securities and Exchange Commission
• The U.S. Commodities Futures Trading Commission
Due to this lack of information about regulatory oversight, the risk of doing business with this broker is increased to an unacceptable level for individual traders.
Traders should always verify any licensure claims with official regulator databases before opening an account.

Regulator

License Number

Status

No verified major regulation found

N/A

Unverified

Trading Conditions

IFX does not offer adequate public information on the detailed trading terms. Some of the key pieces of information for which there are currently no details are as follows:
• Average spreads
• Maximum leverage
• Minimum deposits
• Margin requirements
• Model for order execution
• Charges for swaps and overnight financing
Without transparent trading specifications, traders cannot compare IFX to other regulated brokers.

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited information available

Minimum Deposit

Limited information available

Trading Platforms

Limited information available

Fees and Costs

Understand the broker's fee structure before opening an account.
As of now, the following fee information is not made available to the public by IFX on its website:
• Deposit Fees
• Withdrawal fees
• Commissions when trading
• Inactivity Fees
• Swap or rollover Fees
The degree of fee transparency should be considered an indication of the company's operational transparency and its approach to protecting its clients.
Brokers must fully disclose all fees before accepting deposits.

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Limited information available

User Experience and Market Reputation

Currently, there is little independent, publicly available feedback on IFX's customer experience, withdrawal reliability, platform stability, or support quality.

 

Because there are few verified reviews and little transparency, traders should be cautious and do further research before using this broker.

 

Actions that traders will take before opening an account include:

 

• Verification of the broker's regulatory status

 

• Testing for the response of customer support

 

• Reviewing with care the withdrawal procedure

 

• Searching for independent third-party reviews

 

• Not depositing any funds they cannot afford to lose

Conclusion

IFX is a trading and financial services company that lacks publicly available information on its regulatory framework, organizational structure, trading conditions, and operational transparency.
Because there is little or no verifiable licensing information and only scant disclosure documents available from IFX, it is difficult to assess the broker's credibility independently or to determine the overall risk for traders.
Given these concerns, traders should exercise caution, independently confirm all broker representations, and perform rigorous due diligence before considering IFX as a brokerage.

 

Regulatory Licenses

Compliance & oversight

3 licenses
United Kingdom
FCATier 1
United Kingdom#900517
License Details
Type:Common Business Registration
License #:900517
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United Arab Emirates
DFSATier 2
United Arab Emirates#F001814
License Details
Type:Common Financial Service License
License #:F001814
Status:Regulated
Validity
Effective:N/A
Expires:N/A
South Africa
FSCATier 2
South Africa#48021
License Details
Type:Financial Service
License #:48021
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
3
Countries
0
Offshore

Account Types

Trading account options

6 types
Standard
Standard
Min Deposit USD 10 • Leverage 1:500 • Commission No commission & no hidden costs
Min DepositUSD 10
Leverage1:500
CommissionNo commission & no hidden costs
Premium
VIP
Min Deposit USD 250 • Leverage 1:500 • Commission No commission & no hidden costs
Min DepositUSD 250
Leverage1:500
CommissionNo commission & no hidden costs
VIP
VIP
Min Deposit USD 1,000 • Leverage 1:500 • Commission Yes - USD 6
Min DepositUSD 1,000
Leverage1:500
CommissionYes - USD 6
Islamic
Swap-Free
Min Deposit USD 10 • Leverage 1:500 • Commission No commission & no hidden costs
Min DepositUSD 10
Leverage1:500
CommissionNo commission & no hidden costs
Cent
Cent
Min Deposit USD 10 • Leverage 1:1000 • Commission No commission & no hidden costs
Min DepositUSD 10
Leverage1:1000
CommissionNo commission & no hidden costs
RAW
ECN
Min Deposit USD 250 • Leverage 1:500 • Commission Yes - USD 6
Min DepositUSD 250
Leverage1:500
CommissionYes - USD 6
6
Total Types
5
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

6 methods
Bank Transfer
Bank Transfer2 min
Deposit
Fee:2.5%
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:ZAR 50
Max:ZAR 100,000
Primarily for South African clients. Third party fees may apply.
Visa and Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Primarily for South African clients. Third party fees may apply.
Skrill and Neteller
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Available globally. Supports USD and ZAR currencies. Third party fees may apply.
Bitcoin, Ethereum, Litecoin, and others
CryptocurrencyInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Available globally. Third party fees may apply.
5
Free Deposit
6
Instant
1
Crypto

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Global Domains

Worldwide web presence

1 site
🌐
https://ifxbrokers.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Corporate Network

Enterprise structure & relationships

2 entities

IFX (UK) LTD

United Kingdom
active

Registration

05422718

Established

2018-08-18

IFX (UK) Limited

United Arab Emirates
active

Registration

1363

Established

N/A

Comments

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