Abstract:IFA Brokers, a trading name of International Finance Asia Ltd, presents itself as an international online stock broker registered in Malaysia that claims to provide its clients with web-based and mobile application trading platforms.
Note: For some unknown reason, we cannot open IFA Brokers official site (https://ifa-brokers.com/home) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
IFA Brokers, a trading name of International Finance Asia Ltd, presents itself as an international online stock broker registered in Malaysia that claims to provide its clients with web-based and mobile application trading platforms.
As for regulation, it has been verified that IFA Brokers does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.17/10. Please be aware of the risk.
Market Instruments
IFA Brokers is a stock broker that mainly offers access to major stock exchanges.
Trading Platform Available
Instead of the industry-standard MetaTrader4 and MetaTrader5, IFA Brokers gives its traders web-based trading platforms, as well as mobile applications which enable traders to trade on the go. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Fees
IFA Brokers charges some incredible low fees. For example, $9.99 for the Hong Kong, NASDAQ & New York and SHENZHEN Stock Exchange.
Customer Support
IFA Brokers‘ customer support can be reached by email: support@ifa-brokers.com. Company address: Brumby Centre, Lot 42, Jalan Muhibbah, 87000 Federal Territory of Labuan, Malaysia. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1