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IV4X -

Score

1.40 /10
Danger

IV4X

South Africa

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.iv4x.com

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Score

Regulatory Index0.00

Business Index6.17

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

IV4X Markets Limited

Company Abbreviation

IV4X

Platform registered country and region

South Africa

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

IV4X · Company summary

Note: IV4X's official website: https://www.iv4x.com/ is currently inaccessible normally.

IV4X Review Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationNot Regulated
Market InstrumentsForex, shares, indices, and cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 1: 500
SpreadStarting from 0.1 pips
Trading PlatformMetaTrader 5
Min Deposit$25

IV4X Information

IV4X is a broker registered in South Africa, providing its clients with various tradable financial instruments with high leverage up to 1:500, variable spreads from 0.1 pips on the leading MetaTrader5 trading platform, as well as a choice of three different live account types.

It has a low minimum capital requirement of $25, but information on withdrawal is not provided.

Pros and Cons

ProsCons
  • Support MetaTrader 5
  • Lack of regulation
  • Low minimum capital requirements of $25
  • Limited information on withdrawal
  • High leverage up to 1: 500
  • Flexible spreads starting from 0.1 pips

Is IV4X Legit?

IV4X is not regulated by any financial authority.

Is IV4X Legit?

What Can I Trade on IV4X?

IV4X offers access to many trading instruments in financial markets, including forex, shares, indices, and cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Shares✔
Cryptocurrencies✔
Indices✔
Shares❌
Options❌

Account Type

IV4X claims to offer three types of trading accounts, namely Standard, 100% Bonus, and Razor. The standard account has the lowest minimum deposit of $25, while Razor has the highest minimum requirement of $1,000.

Account TypeMinimum Deposit
Standard$25
100% Bonus$100
Razor$1,000

Leverage

IV4X has a leverage ratio of up to 1:500.

IV4X Fees

IV4X's spread on the Standard and 100% Bonus accounts starts from 1.8 pips, while only the Razor account holders can enjoy spreads from 0.1 pips.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader5✔PC and MobileInvestors of all experience levels

Deposit and Withdrawal

IV4X's minimum deposit requirement is $25, with a full list of deposit options such as EFT, Card, MPESA, Bitcoin, and Perfect Money. But information on withdrawal is not provided.

News

NewsIv4x Markets, the new kid on the block, or the latest Scam broker?

We have had quite a number of brokers who have been subject to shutdowns and suspensions due to the fraudulent manner they conducted their business. There is of course a list of trusted brokers that you can find on WikiFx, but what is interesting is that a new broker, IV4X markets, sprouted in the market and one has to wonder if this will be a run-of-the-mill scam broker or if it an actual reputable broker with a lot to offer customers. So today we will be looking closely at the broker and what it has to offer.

WikiFX
2022-08-26 16:52
Iv4x Markets, the new kid on the block, or the latest Scam broker?
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Comments

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FX1124654999
more than one year
I've been robbed by IV4X! My trading experience started well and to be fair I deposited the minimum required and my investment doubled in value within a month. But everything changes when I requested a withdrawal...
I've been robbed by IV4X! My trading experience started well and to be fair I deposited the minimum required and my investment doubled in value within a month. But everything changes when I requested a withdrawal...
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2022-12-11 10:45
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Rasta6426
more than one year
its a scam because I deposited R1000 and I could not access the page
its a scam because I deposited R1000 and I could not access the page
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2022-11-04 02:24
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