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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index6.02
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
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Company Name
Ipofxprime
Company Abbreviation
Ipofxprime
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
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Note: Ipofxprime's official website - https://Ipofxprime.com is currently inaccessible normal.
Ipofxprime Review Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Forex, Stocks, Indices, Cryptocurrencies, Commodities, Futures |
Demo Account | ❌ |
Leverage | 1:1000 |
EUR/USD Spread | Average 0.2 pips |
Trading Platform | Web Trader |
Min Deposit | $200 |
24/5 support | |
Customer Support | Tel: support@Ipofxprime.com |
Company Address: 30 Gresham St, London EC2V 7QN, United Kingdom |
Based in the United Kingdom, Ipofxprime is an unregulated broker providing access to various market offerings, including forex, stocks, indices, crypto, commodities, and futures. With the Ipofxprime platform, a total of four types of trading accounts are available, Standard, Professional, Business and Business Plus, with the minimum deposit requirement of $200.
Pros | Cons |
Diverse tradable asset classes | Unfunctional website |
Multiple account types | Unregulated |
Popular payment options | No demo accounts |
No MT4/5 | |
High minimum deposit requirement |
No, Ipofxprime is not a licensed broker. In light of this, putting your money on the line would be an inexcusable mistake.
Ipofxprime offers market instruments including Forex, Stocks, Indices, Cryptocurrencies, Commodities, and Futures.
Trading Asset | Available |
forex | ✔ |
futures | ✔ |
commodities | ✔ |
indices | ✔ |
stocks | ✔ |
cryptocurrencies | ✔ |
bonds | ❌ |
options | ❌ |
ETFs | ❌ |
The four types of trading accounts – Standard, Professional, Business and Business Plus are available on this platform.
Account Type | Standard | Professional | Business | Business Plus |
Min Deposit | $200 | $10,000 | $30,000 | $100,000 |
When it comes to leverage, Ipofxprime provides its customers with access to 1:1000, which is far greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Both spreads and commissions are charged on the Ipofxprime trading platform. For example, on the standard account, average spreads on the EUR/USD pair start from 0.2 pips, with a commission of $16.
Trading Platform | Supported | Available Devices | Suitable for |
Web Trader | ✔ | Web | / |
MT4 | ❌ | Desktop, Mobile, Web | Beginners |
MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
The minimum deposit is $200 to get started withIpofxprime, and this broker allows its clients to make a deposit and withdrawal through five payment options, including VISA, MasterCard, Bitcoin, Litecoin and Fast Bank Transfer.
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