Score

1.29 /10
Danger

IQFX PLATFORM

United States

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index5.34

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

IQFX PLATFORM · Company summary
AspectInformation
Company NameIQ FX Platform
Registered Country/AreaUnited States
Founded Year1-2 years
RegulationUnregulated
Tradable AssetsForex,Crypto
Customer SupportPhone:+1 (510) 871-5341,Email:info@iqfx-platform.com

Overview of IQ FX Platform

IQ FX Platform, based in the United States and founded within the last 1-2 years, specializes in Forex and cryptocurrency trading. It stands out for being a newcomer in the financial services sector, offering direct customer support through phone and email, which potentially enhances user experience and accessibility.

However, the platform's main drawback is its unregulated status, which raises worries about the safety and security of users investments.

Overview of IQ FX Platform

Regulation Status

IQ FX Platform operates as an unregulated trading entity in the United States, having been established only 1-2 years ago.

This lack of regulatory oversight can be a significant concern for traders, as it implies that the platform does not adhere to any established financial standards or protective measures commonly enforced by financial regulatory bodies.

Regulation Status

Pros and Cons

IQ FX Platform offers a variety of trading instruments, including Forex and cryptocurrencies, which meet traders interested in both traditional and digital markets. Additionally, the platform provides accessible customer support with direct communication options such as phone and email, enhancing user accessibility and support responsiveness.

Despite its offerings, IQ FX Platform's unregulated status is a significant drawback, potentially exposing traders to various risks without oversight. The platform also lacks specific details about its trading environment, such as the absence of a dedicated trading platform and diverse account options, which may limit trading functionality and customization.

ProsCons
Offers various trading instrumentsUnregulated platform
Accessible Customer SupportPossible Hidden Fee
No specfic trading platform
No diverse account
Limited information on website

Market Instruments

IQ FX Platform offers a range of market instruments for traders looking to diversify their investment portfolios. These include:

  1. Forex (FX): Traders can engage in the foreign exchange market with various currency pairs. Forex trading is known for its high liquidity and 24/7 availability, appealing to traders looking to capitalize on currency fluctuations.
  2. Cryptocurrencies: This platform provides opportunities to trade in the dynamic cryptocurrency market. Traders can invest in popular digital currencies such as Bitcoin and Ethereum, leveraging the volatility of these digital assets to potentially gain returns.
Market Instruments

Security

IQ FX Platform emphasizes the security of its users with several measures designed to protect personal and financial information.

The platform utilizes a well-secured system to safeguard user data from unauthorized third-party access. This includes advanced encryption protocols to secure both the transmission and storage of sensitive data.

Additionally, all data and trading algorithms are stored on separate cloud servers, which not only enhances security but also ensures that the integrity and availability of user information are maintained.

Security

Customer Support

IQ FX Platform provides customer support through several channels to assist its users. Clients can reach out via phone at +1 (510) 871-5341 for direct communication or use the email address info@iqfx-platform.com for inquiries and support.

The platform's physical address is also listed, located at 5000 Centregreen Way Unit 500, Cary, NC 27513, United States, indicating a fixed base of operations for additional reliability and support.

Customer Support

Conclusion

IQ FX Platform positions itself as a versatile trading platform specializing in Forex and cryptocurrencies, appealing to traders with its user-friendly interface and diverse trading options.

The platform boasts of a secure system and efficient customer support, aiming to simplify trading for users worldwide. However, potential clients should consider the platform's features and support options carefully to ensure it meets their trading needs.

FAQs

  1. What trading instruments does IQ FX Platform offer?
    1. IQ FX Platform allows trading in Forex and cryptocurrencies, providing traders with opportunities to engage in two of the most dynamic financial markets.
  2. How can I contact customer support at IQ FX Platform?
    1. Customer support can be reached by calling +1 (510) 871-5341 or by emailing info@iqfx-platform.com.
  3. Where is IQ FX Platform located?
    1. The platform's office is located at 5000 Centregreen Way Unit 500, Cary, NC 27513, United States, providing a physical location for additional corporate transparency and accountability.

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