IfineFX-Overview of Minimum Deposit, Leverage, Spreads
摘要：IfineFX, a trading name of Ifine Capital LTD, is allegedly a forex broker based in the UK that provides its clients with a web-based trading platform, leverage up to 1:400, quite high spreads on a variety of tradable assets, as well as 24/5 customer support service.
Note: IfineFX's official website:https://ifinefx.com is currently inaccessible normally.
| IfineFX Review Summary in 11 Points | |
| Company name | IfineFX |
| Founded | Unclear |
| Registered country/region | United Kingdom |
| Regulation | Unregulated |
| Trading Platforms | MetaTrader4, web-based trading platform |
| Market Instruments | forex, stocks, commodities, indices and cryptocurrencies |
| Demo Account | Available |
| Minimum Deposit | Unclear |
| Maximum Leverage | $100 |
| Spread | up to 1:400 |
| Customer Support | Phone: +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
| Pros | Cons |
| Various market instruments | Not regulated |
| High spreads up to 1:400 | Website can't be opened now |
Is IfineFX Legit?
According to WikiFX, the current regulatory status of IfineFX is unregulated.
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 Platform | Supported | Available Devices | Suitable for | Remark |
| MetaTrader4 | ✔ | mobile APPs(iOS and Android) | Anyone | Can't find the link to downloaded |
| web-based trading platform | ✔ | PC | Anyone |
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.
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