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Score
Marshall Islands
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index6.72
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
RazerMarkets
Company Abbreviation
RazerMarkets
Platform registered country and region
Marshall Islands
Company website
Company summary
Pyramid scheme complaint
Expose
IFE MARKETS Review Summary | |
Founded | 2018-09-18 |
Registered Country/Region | Seychelles |
Regulation | Unregulated |
Market Instruments | CDFs on forex/metals/commodities/indices/shares |
Demo Account | ✅ |
Leverage | Up to 1:400 |
Spread | Low |
Trading Platform | IFE MARKETS(i0S/Android/Desktop |
Min Deposit | $200 |
Customer Support | Phone: +442033181550 |
Email: support@lFEMarkets.com |
IFE MARKETS is a broker. The tradable instruments with a maximum leverage of 1:400 include CDFs on forex, metals, commodities, indices, and shares. The minimum spread is low and the minimum deposit is 0. IFE MARKETS is still risky due to its unregulated status and high leverage.
Pros | Cons |
Various tradable instruments | Unregulated |
Leverage up to 1:400 | MT4/MT5 unavailable |
Commission free | |
Free demo |
IFE MARKETS is not regulated, which makes it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides CDFs on forex, metals, commodities, indices, and shares.
Tradable Instruments(CDFs) | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Metals | ✔ |
Shares | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
IFE MARKETS has three types of accounts with free demo a/c: X-STANDARD, X-PREMIUM, and X-PRO. The X-PRO requires a minimum deposit of $5,000. Traders with a sufficient budget can open an X-PRO account and those who want low spreads and low leverage can choose an X-STANDARD account.
Account Type | X-STANDARD | X-PREMIUM | X-PRO |
Minimum Deposit | $200 | $2000 | $5000 |
Spread charges | Standard spreads | Premium spreads | Pro spreads (lowest) |
Leverage | 1:200 | 1:400 | 1:400 |
Instruments | Forex | Forex/Metal | Forex/Metal/Commodities |
Platform | X-Web | X-Web/iOS/Android | X-Web/iOS/Android |
Free Demo a/c | 2 weeks | 1 Months | Unlimited |
IFE MARKETS claims to provide low spreads and no commission.
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
IFE MARKETS has a proprietary iOS, Android, and Desktop trading platform.
Trading Platform | Supported | Available Devices |
IFE MARKETS | ✔ | iOS/Android/Desktop |
The minimum deposit is $200. IFE MARKETS offers multiple deposit and withdrawal methods that can be processed within a week, including bank wire transfer, credit/Debit card, and Neteller. However, by withdrawing money via bank transfer traders will pay approximately $20.
Traders can contact IFE MARKETS via phone and email.
Contact Options | Details |
Phone | +442033181550 |
support@lFEMarkets.com | |
Supported Language | English |
Website Language | English |
Physical Address | Global Investment House LimitedSuite 3 Jiva's complex, Mont Fleuri Mahe, Seychelles |
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