IFX Markets

IFX Markets Information

IFX Markets is a broker. The tradable instruments include CFD forex, commodities, shares, cryptos, and indices. The broker also provides six accounts with a maximum leverage of 1:1000, including iFX Premium, iFX Standard, iFX VIP, iFX Islamic, iFX Cent, and iFX Raw. The minimum deposit is USD 10. IFX Markets is still risky due to its unregulated status and high leverage.

Pros and Cons

Is IFX Markets Legit?

IFX Markets is not regulated, making it less safe than regulated brokers.

What Can I Trade on IFX Markets?

IFX Markets offers a wide range of market instruments, including CFD forex, commodities, shares, cryptos, and indices.

Account Type

IFX Markets has six account types: iFX Premium, iFX Standard, iFX VIP, iFX Islamic, iFX Cent, and iFX Raw. Traders who want low leverage can choose iFX Premium, iFC Standard, iFX VIP, iFX Islamic, and iFX Raw accounts, while those with a sufficient budget can open an iFX VIP account.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

IFX Markets cooperates with the authoritative MT4 and MT5 trading platform. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Deposit and Withdrawal

The minimum deposit is USD 10. However, due to the official website being inaccessible, transfer processing times, methods, and associated fees are unknown.