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IfineFX -

Score

1.48 /10
Danger

IfineFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://ifinefx.com

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.80

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Broker Information

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Company Name

Ifine Capital LTD

Company Abbreviation

IfineFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2025-02-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

No withdrawal!!!

After trading with this company I invested $2600, and I only asked to withdraw $1500 to pay my card. They didn’t give me the withdrawals and told me to complete a certain amount to withdraw. I told them that I need my investment not the bonus. And this company does not allow to use EA. By doing EA I did not earn any money either.

WikiFXMalaysia
2021-10-06 19:04
Unable to Withdraw

iFineFX.com is not giving my invested money

I have start traded with this company and have invested $2600 i asked a withdrawal only $1500 of my investment to pay my card they are not giving me the withdraw . and telling be to complete certain volume to withdraw my investment. since i took bonus. I told them i need my investment not there bonus .and this company is not allowing to use EA they are saying it's not allowed in our broker and by doing in EA i didn't make profit also .

talal baig
2021-10-04 17:30
Scam

ifinefx.com problems

I would like to inform you all that we have made strong complain to the high commission of Srilanka as the group of people scamming from Srilanaka by different name, dacoforex ,Aztrades, ifinenfex Adaapta, acent, one more company from Cyprus they simpy make forex websit, we will catch them soon, if anybody stuck with money pls send mail with details of transaction details, payment id, amount, payment date and also share the local transactoin razor pay id.

talal baig
2021-09-01 16:11
IfineFX · Company summary

Note: IfineFX's official website:https://ifinefx.com is currently inaccessible normally.

IfineFX Review Summary in 11 Points
Company nameIfineFX
Founded Unclear
Registered country/regionUnited Kingdom
RegulationUnregulated
Trading PlatformsMetaTrader4, web-based trading platform
Market Instrumentsforex, stocks, commodities, indices and cryptocurrencies
Demo AccountAvailable
Minimum DepositUnclear
Maximum Leverage$100
Spreadup to 1:400
Customer SupportPhone: +44 203 769 9534
Email: support@ifinefx.com

IfineFX Information

IfineFX (Ifine Capital LTD) is a foreign exchange broker based in UK, offering a variety of trading tools in the financial market, including foreign exchange, stocks, commodities, indices, and cryptocurrencies. Its leverage ratio is up to 1:400.

Pros and Cons

ProsCons
Various market instrumentsNot regulated
High spreads up to 1:400Website can't be opened now

Is IfineFX Legit?

According to WikiFX, the current regulatory status of IfineFX is unregulated.

Is IfineFX Legit?

What Can I Trade on IfineFX?

You can trade dozens of products including forex, stocks, commodities, indices and cryptocurrencies.

Tradable Instruments Supported
forex✔
stocks✔
commodities✔
indices✔
cryptocurrencies✔

IfineFX Fees

As tested on the demo account of IfineFX, the spread for the EUR/USD was floating around 30 pips. However, on the home page of its official site, the broker claims to offer spreads as low as 0.2 pips.

Trading Platform

IfineFX said it will provide traders with the industry-standard MetaTrader4 and web-based trading platform.

But according to WikiFXs investigation, the download link for MetaTrader4 cannot be found anywhere.

Trading PlatformSupportedAvailable Devices Suitable for Remark
MetaTrader4✔mobile APPs(iOS and Android)AnyoneCan't find the link to downloaded
web-based trading platform✔PCAnyone

Deposit and Withdrawal

IfineFX accepts deposits and withdrawals with credit cards and wire transfers. The minimum withdrawal amount is $100, while there is no minimum withdrawal amount specified. The withdrawal request is said to be processed within 5-10 days.

User Reviews

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User comment

2

Comments

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FX1224228393
more than one year
IfineFX ARE SCAMMERS BEWARE!!! I wouldn't advise anyone to use IfineFX simply because they are a scam broker. Even if your life depends on it, do NOT do business with them!!!
IfineFX ARE SCAMMERS BEWARE!!! I wouldn't advise anyone to use IfineFX simply because they are a scam broker. Even if your life depends on it, do NOT do business with them!!!
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2023-02-15 12:02
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FX1131022387
more than one year
Stay far away from IfineFX, they are liars and thieves. You will just lose your money and time, they don’t have a regulatory license and absolutely no responsibility for your money, they got full control of your balance.
Stay far away from IfineFX, they are liars and thieves. You will just lose your money and time, they don’t have a regulatory license and absolutely no responsibility for your money, they got full control of your balance.
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2022-12-09 13:48
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