Score

1.38 /10
Danger

Ipofxprime

United Kingdom

2-5 years

Suspicious 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

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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

1G

40G

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Broker Information

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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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Warning: Low score, please stay away!
Previous Detection : 2025-01-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Ipofxprime · Company summary

Note: Ipofxprime's official website - https://Ipofxprime.com is currently inaccessible normal.

Ipofxprime Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Stocks, Indices, Cryptocurrencies, Commodities, Futures
Demo Account
Leverage1:1000
EUR/USD SpreadAverage 0.2 pips
Trading PlatformWeb Trader
Min Deposit$200
24/5 support
Customer SupportTel: 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.

Ipofxprime

Pros and Cons

ProsCons
Diverse tradable asset classesUnfunctional website
Multiple account typesUnregulated
Popular payment optionsNo demo accounts
No MT4/5
High minimum deposit requirement

Is Ipofxprime Legit?

No, Ipofxprime is not a licensed broker. In light of this, putting your money on the line would be an inexcusable mistake.

No license

What Can I Trade on Ipofxprime?

Ipofxprime offers market instruments including Forex, Stocks, Indices, Cryptocurrencies, Commodities, and Futures.

Trading AssetAvailable
forex
futures
commodities
indices
stocks
cryptocurrencies
bonds
options
ETFs
What Can I Trade on Ipofxprime?

Account Type

The four types of trading accounts – Standard, Professional, Business and Business Plus are available on this platform.

Account TypeStandardProfessional Business Business Plus
Min Deposit$200$10,000$30,000$100,000
Account comparison

Leverage

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.

Spread and Commission

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.

Spread and Commission

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web TraderWeb/
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

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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User Reviews

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User comment

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Comments

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FX1129873352
more than one year
Ipofxprime are total scammers please do not work with them I request to the legal body for canceling their registration if they have any, and fine them.
Ipofxprime are total scammers please do not work with them I request to the legal body for canceling their registration if they have any, and fine them.
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2022-12-12 15:06
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心羽
more than one year
Don’t trade with this broker. High trading fees, unstable trading environment, less usable trading platform, really frustrating. You can completely find better alternatives.
Don’t trade with this broker. High trading fees, unstable trading environment, less usable trading platform, really frustrating. You can completely find better alternatives.
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2022-12-07 17:42
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