Score

1.46 /10
Danger

IFF-TRADING

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.60

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

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Broker Information

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Company Name

IFF-TRADING LLC

Company Abbreviation

IFF-TRADING

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

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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!

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IFF-TRADING · Company summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

IFF-TRADING Review Summary
Founded 2-5 years
Registered Country/Region St. Vincent and the Grenadines
Regulation Unregulated
Market Instruments Forex, Indices, Shares, CFD, Precious Metals, Commodities, and Crypto
Demo Account Available
Leverage 1:500
EUR/USD Spread 1.5 pips
Trading Platforms MT5
Minimum Deposit N/A
Customer Support 24/7 Support
Email: support@ifftrading.com
Phone: +84582507642
Address: Euro House, Richmond Hill Road, P.O.Box 2897, Kingstown, St. Vincent and the Grenadines

What is IFF-TRADING?

IFF-TRADING is an offshore brokerage firm registered in St. Vincent and the Grenadines that offers a range of trading instruments across various asset classes, including Forex, Indices, Shares, CFD, Precious Metals, Commodities, and Crypto through the MT5 platform.

IFF-TRADING's home page

We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.

Pros & Cons

Pros Cons
• Diverse trading instruments • No regulation
• 24/7 support • Regional restrictions
• MT5 trading platform • No info on minimum deposit account
• Demo account available

IFF-TRADING Alternative Brokers

There are many alternative brokers to IFF-TRADING depending on the specific needs and preferences of the trader. Some popular options include:

Plus500 - A CFD trading platform that allows users to trade a wide range of assets, including stocks, commodities, currencies, and cryptocurrencies.

IC Markets - a broker that was founded in 2007 in Sydney, Australia. The company's mission is to create the best trading experience for retail and institutional clients alike, allowing traders to focus more on their trading. IC Markets is dedicated to offering superior spreads, execution, and service. IC Markets offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies.

Pepperstone - Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. Pepperstone is known for its competitive spreads, good execution, and reliable platforms. The company's trading platforms are MT 4 and cTrader, which are both popular and well-respected platforms.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is IFF-TRADING Safe or Scam?

IFF-TRADING is a forex broker that is not regulated by any major financial regulator. This means that there is no governing body that oversees its activities or protects its customers. As a result, there is a high risk that IFF-TRADING could be a scam.

If you are considering doing business with IFF-TRADING, I would strongly advise against it. Many other regulated forex brokers offer a safe and secure trading environment.

Market Instruments

IFF-TRADING offers a wide range of market instruments, including Forex, Indices, Shares, CFD, Precious Metals, Commodities, and Crypto.

• Forex is the foreign exchange market, the largest and most liquid financial market in the world. It is where currencies are traded against each other.

• Indices are a type of financial instrument that tracks the performance of a group of stocks or other assets. They are often used as a benchmark for measuring the performance of the stock market or a particular sector of the economy.

• Shares are a type of security that represents ownership in a company. When you buy shares, you are essentially buying a small piece of the company. Shares can be traded on stock exchanges, where buyers and sellers agree on a price for the shares.

• CFD, or contracts for difference, are a type of derivative that allows traders to speculate on the future price movements of an underlying asset without actually owning the asset. CFDs are traded on a margin, which means that traders only need to deposit a small amount of capital to control a large position. This can make CFDs a very attractive product for traders with limited capital.

• Metals are elements that are solid at room temperature and have a high melting point. They are spot or futures trading.

• Commodities are raw materials that are used in the production of goods and services. They are traded on commodities exchanges, where buyers and sellers agree on a price for a specific quantity of the commodity.

• Crypto is a digital or virtual currency that uses cryptography for security. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Market Instruments

Accounts

IFF-TRADING does not provide much information about their account types on their website. This makes it difficult for potential clients to compare the different accounts and choose the one that is right for them.

Accounts

Leverage

IFF-TRADING offers maximum leverage of up to 1:500, which means that you can control a position worth 500 times your initial deposit. For example, if you deposit $100, you could control a position worth $50,000.

Leverage can magnify your profits, but it can also magnify your losses. If the market moves against you, you could lose more money than you deposited.

Spreads & Commissions

Spreads are affected by what type of accounts you are holding. The spread for the account is floating around 1.5 pips. As for commissions, however, there is nothing detailed information available on IFF-TRADING 's official site.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (pips) Commissions (per lot)
IFF-TRADING 1.5 N/A
Plus500 Average of 0.6 No commissions
IC Markets From 1.0 (Std) No commissions
Pepperstone 0.6 No commissions

Trading Platform

IFF-TRADING offers MetaTrader5 as their trading platform. The MT5 is a comprehensive trading platform that offers a wide range of features for traders of all levels. The platform is designed to be fast, reliable, and feature-rich, and it offers a huge range of products, faster processing speeds, the ability to hedge your positions, an included economic calendar, over 30 inbuilt indicators, a maximum of 500 total orders, multitimeframe, advanced pending orders, and compatibility with their Autochart and Analytics tool.

MT5

See the trading platform comparison table below:

Broker Trading Platforms
IFF-TRADING MT5
Plus500 Plus500 WebTrader, Plus500 Mobile App
IC Markets MT4/5, Werbtrader
Pepperstone TradingView, MT4/5, cTrader

Deposits & Withdrawals

There is no detailed information available on IFF-TRADING's official site about deposits and withdrawals. The deposit and withdrawal amounts, processing times, and fees are not disclosed.

IFF-TRADING minimum deposit vs other brokers

IFF-TRADING Most other
Minimum Deposit N/A $100

Customer Service

IFF-TRADING provides online services for investors, it is available 24/7 support, there are multiple channels to contact support, and the staff is knowledgeable and responsive. As well as telephone services for closing positions, customized VIP customer service, daily market analysis, and online live trend analysis.

Customers can get in touch with their customer service line using the information provided below:

Email: support@ifftrading.com

Phone: +84582507642

Social Media: Telegram, Facebook, YouTube

Address: Euro House, Richmond Hill Road, P.O.Box 2897, Kingstown, St. Vincent and the Grenadines

contact details

Conclusion

In conclusion, IFF-TRADING is a brokerage firm that provides access to a wide range of trading instruments and offers MT5 platform to cater to different trading preferences. However, The company currently has no valid regulation. Traders should exercise caution and conduct thorough research when considering IFF-TRADING or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here.

Frequently Asked Questions (FAQs)

Q1: What types of trading instruments are available at IFF-TRADING?
A1: IFF-TRADING offers a variety of trading instruments, including Forex, Indices, Shares, CFD, Precious Metals, Commodities, and Crypto.
Q2: Is IFF-TRADING a regulated brokerage firm?
A2: No regulation.
Q3: What trading platforms does IFF-TRADING provide?
A3: IFF-TRADING offers MT5 platforms.
Q4: At IFF-TRADING, are there any regional restrictions for traders?
A4: Yes. IFF-TRADING does not provide services for the residents of certain countries, such as the United States of America, Canada, Japan, Indonesia, Turkey, Israel, and the Islamic Republic of Iran.

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FX1661411178
more than one year
I am just cautious right now as I am yet to receive my funds and no reply on my support. I have even recommended this to other people. Please solve my issue as soon as possible and I will change my rating.
I am just cautious right now as I am yet to receive my funds and no reply on my support. I have even recommended this to other people. Please solve my issue as soon as possible and I will change my rating.
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2024-03-29 14:54
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嗯22331
more than one year
I traded at IFF-TRADING out of my trust in the MT5 platform, but I was surprised to find that the MT5 platform provided by this company was different from what I had experienced before. It is only now that I know that MT4 and MT5 still have white labels, and some companies even will provide fake ones...
I traded at IFF-TRADING out of my trust in the MT5 platform, but I was surprised to find that the MT5 platform provided by this company was different from what I had experienced before. It is only now that I know that MT4 and MT5 still have white labels, and some companies even will provide fake ones...
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2023-03-15 15:56
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