IFX Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 18:42

Abstract：IFX Markets is a broker. The tradable instruments include CFD forex, commodities, shares, cryptos, and indices. The broker also provides six accounts with a maximum leverage of 1:1000, including iFX Premium, iFX Standard, iFX VIP, iFX Islamic, iFX Cent, and iFX Raw. The minimum deposit is USD 10. IFX Markets is still risky due to its unregulated status and high leverage.

IFX Markets Review Summary
Founded	2-5 years
Registered Country/Region	Cambodia
Regulation	Unregulated
Market Instruments	CFD forex/Commodities/Shares/Cryptos/Indices
Demo Account	/
Leverage	Up to 1:1000
Spread	/
Trading Platform	MT4/MT5
Min Deposit	USD 10
Customer Support	Phone number: +855-23-4888-877
Customer Support	Email: info@ifxmarkets.asia

IFX Markets Information

　　IFX Markets is a broker. The tradable instruments include CFD forex, commodities, shares, cryptos, and indices. The broker also provides six accounts with a maximum leverage of 1:1000, including iFX Premium, iFX Standard, iFX VIP, iFX Islamic, iFX Cent, and iFX Raw. The minimum deposit is USD 10. IFX Markets is still risky due to its unregulated status and high leverage.

Pros and Cons

Pros	Cons
MT4/MT5 available	Unregulated
Various tradable instruments	Inaccessible official website
	Demo account unavailable

Is IFX Markets Legit?

　　IFX Markets is not regulated, making it less safe than regulated brokers.

What Can I Trade on IFX Markets?

　　IFX Markets offers a wide range of market instruments, including CFD forex, commodities, shares, cryptos, and indices.

Tradable Instruments	Supported
CFD Forex	✔
Commodities	✔
Shares	✔
Cryptos	✔
Indices	✔
Precious Metals	❌
Stocks	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　IFX Markets has six account types: iFX Premium, iFX Standard, iFX VIP, iFX Islamic, iFX Cent, and iFX Raw. Traders who want low leverage can choose iFX Premium, iFC Standard, iFX VIP, iFX Islamic, and iFX Raw accounts, while those with a sufficient budget can open an iFX VIP account.

Account Type	iFX Premium	iFC Standard	iFX VIP	iFX Islamic	iFX Cent	iFX Raw
Platform	MT4&MT5	MT4&MT5	MT4&MT5	MT4&MT5	MT5	MT5
Markets	All instruments	All instruments	All instruments	All instruments	All instruments	All instruments
Min Deposit	USD 250	USD 10	USD 1000	USD 10	USD 10	USD 250
Bonus	No	Yes	No	Yes	Yes	No
Leverage	Up to 1:500	Up to 1:500	Up to 1:500	Up to 1:500	Up to 1:1000	Up to 1:500

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　IFX Markets cooperates with the authoritative MT4 and MT5 trading platform. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading Platform	Supported	Suitable for 适合何种类型交易者
MT4	✔	Junior traders
MT5	✔	Experienced traders

Deposit and Withdrawal

　　The minimum deposit is USD 10. However, due to the official website being inaccessible, transfer processing times, methods, and associated fees are unknown.