
MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Windows
- Mac
- Linux
- Web
- Android
- iOS
- API
What Wikilix has recorded about IFX: its history, the licences it holds, its trading conditions and its fees.
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.
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.
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:
Forex currency pairs
Commodities, including gold, oil, and
Stock market indices
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.
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.
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 |
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 |
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 |
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
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.
IFX is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.
These are the rules FCA sets for the firms it licenses. They are not a statement about how IFX applies them, or about which of its companies would hold your account.
These are the rules DFSA sets for the firms it licenses. They are not a statement about how IFX applies them, or about which of its companies would hold your account.
These are the rules FSCA sets for the firms it licenses. They are not a statement about how IFX applies them, or about which of its companies would hold your account.
6 account types on record. Minimum deposit from USD 10. Leverage up to 1:1000.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| Standard | USD 10 | 1:500 | No commission & no hidden costs |
| PremiumVIP | USD 250 | 1:500 | No commission & no hidden costs |
| VIP | USD 1,000 | 1:500 | Yes - USD 6 |
| IslamicSwap-Free | USD 10 | 1:500 | No commission & no hidden costs |
| Cent | USD 10 | 1:1000 | No commission & no hidden costs |
| RAWECN | USD 250 | 1:500 | Yes - USD 6 |
6 ways to fund an account. 5 with no deposit fee. 4 credit instantly. The costliest way in is Bank Transfer at 2.5%.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Bank TransferBank Transfer1 | 2.5% | Free | Not recorded | ZAR 50ZAR 100,000 | 2 days |
| Visa and MastercardCredit Card1 | Free | Free | Not recorded | Not recordedNot recorded | Instant |
Skrill and NetellerE-WalletAvailable globally. Supports USD and ZAR currencies. Third party fees may apply. | Free | Free | Not recorded | Not recordedNot recorded | Instant |
| Bitcoin, Ethereum, Litecoin, and othersCryptocurrencyAvailable globally. Third party fees may apply. | Free | Free | Not recorded | Not recordedNot recorded | Instant |
| Ozow and PayFastOther1 | Free | Free | Not recorded | Not recordedNot recorded | Instant |
Broker-to-Broker TransfersOtherEnsure both brokers support this transfer method. Available globally depending on broker participation. | Free | Free | Not recorded | Not recordedNot recorded | hour |
2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
One domain on record. All active and served over HTTPS.
2 legal entities behind the IFX brand.
4 other brokers on the record share what IFX offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about IFX
Comments
Share your thoughts and experiences with IFX