CryptoIFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-12 18:58

Abstract：CryptoIFX is a broker. Hundreds of instruments with a maximum leverage of 1:400 include currency pairs, derivatives, stocks, spot metals, commodities, and indices. The broker provides six accounts, including Student, Starter, Premium, Advanced, Pro, and VIP, and eight trading account plans. CryptoIFX is still risky due to its unregulated status.

CryptoIFX Review Summary
Founded	2021-03-25
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Currency pairs/Derivatives/Stocks/Spot metals/Commodities/Indices
Demo Account	❌
Leverage	Up to 1:400
Spread	Global Currencies from just 0.3 pips
Trading Platform	CryptoIFX(Windows/Web/Mobile)
Min Deposit	$250
Customer Support	Phone: +18008268126
	Email: information@cryptoifx.com
	Email: backoffice@cryptoifx.com
	Live chat
	Facebook/Instagram/Twitter

CryptoIFX Information

　　CryptoIFX is a broker. Hundreds of instruments with a maximum leverage of 1:400 include currency pairs, derivatives, stocks, spot metals, commodities, and indices. The broker provides six accounts, including Student, Starter, Premium, Advanced, Pro, and VIP, and eight trading account plans. CryptoIFX is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:400	Unregulated
Various trading instruments	MT4/MT5 unavailable
Global Currencies from just 0.3 pips	Unspecific fees information
	Demo account unavailable

Is CryptoIFX Legit?

　　CryptoIFX is not regulated, making it less safe than regulated brokers.

What Can I Trade on CryptoIFX?

　　CryptoIFX offers over 250 market products, including currency pairs, derivatives, stocks, spot metals, commodities, and indices.

Tradable Instruments	Supported
Currency pairs	✔
Derivatives	✔
Stocks	✔
Spot Metals	✔
Commodities	✔
Indices	✔

Account Type

　　CryptoIFX has six account types: Student, Starter, Premium, Advanced, Pro, and VIP. The accounts include eight trading account plans: Rookie, Basic, Trader, Elite, Elite Plus, Premium, Investor, and VIP, whose minimum fundings are $250, $2500, $10000, $25000, $50000, $100000, $250000, and $1000000 respectively. The broker also provides Islamic accounts swap-free.

Account Type	Supported
Student	✔
Starter	✔
Premium	✔
Advanced	✔
Pro	✔
VIP	✔

CryptoIFX Fees

　　Global Currencies from just 0.3 pips.

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

　　CryptoIFX offers a proprietarytrading platform available on Windows, Web, and Android versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems. Islamic users are allowed to open Islamic accounts with no swap fees.

Trading Platform	Supported	Available Devices
CryptoIFX	✔	Windows/Web/Mobile

Deposit and Withdrawal

　　The minimum deposit is $250. CryptoIFX accepts Bitcoin, Mastercard, Skrill, and Visa for deposit and withdrawal. However, transfer processing times and associated fees are unknown.