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No Regulation
Score
1.49 /10
Danger
IFX Markets
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.81
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| IFX Markets Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Cambodia |
| Regulation | Unregulated |
| Market Instruments | CFD forex/Commodities/Shares/Cryptos/Indices |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | / |
| Trading Platform | MT4/MT5 |
| Min Deposit | USD 10 |
| Customer Support | Phone number: +855-23-4888-877 |
| Email: info@ifxmarkets.asia | |
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
| Pros | Cons |
| MT4/MT5 available | Unregulated |
| Various tradable instruments | Inaccessible official website |
| Demo account unavailable |
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.
| Tradable Instruments | Supported |
| CFD Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
| Precious Metals | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
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.
| Account Type | iFX Premium | iFC Standard | iFX VIP | iFX Islamic | iFX Cent | iFX Raw |
| Platform | MT4&MT5 | MT4&MT5 | MT4&MT5 | MT4&MT5 | MT5 | MT5 |
| Markets | All instruments | All instruments | All instruments | All instruments | All instruments | All instruments |
| Min Deposit | USD 250 | USD 10 | USD 1000 | USD 10 | USD 10 | USD 250 |
| Bonus | No | Yes | No | Yes | Yes | No |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:1000 | Up to 1:500 |
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.
| Trading Platform | Supported | Suitable for 适合何种类型交易者 |
| MT4 | ✔ | Junior traders |
| MT5 | ✔ | Experienced traders |
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.
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