IFX Brokers Journal

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IFX Brokers Profile
Year
2017
Country
South Africa
Branches
1
Regulation
FSCA South Africa
Investor protection
Fund protection
...
Publicly traded
no
Restricted countries
Not serving
...
Broker type
MM, STP, ECN marketing
Dealing book
A-book, A+B hybrid book
Tier
3
Execution speed
2.5 ms
LPs total
50
LPs quality
...
LPs names
...

IFX Brokers Accounts
MM
STP
Minimum Deposit
250 $
250 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.8 pips
0.3 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
100 lots
100 lots
Margin Call
50 %
50 %
Stop Out
35 %
35 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
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Is IFX Brokers safe?

  • Investor protection: ...
  • Regulation: FSCA South Africa
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is IFX Brokers trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • IFX Brokers website: semi-detailed, updated ★★★
  • IFX Brokers popularity (by visitor count): average ★★★

How IFX Brokers works

It’s True ECN connectivity means we are able to offer market leading spreads. More than 50 banks and dark pool liquidity sources price into our ECN at any given time. This ensures that our spreads remain tight and liquidity deep - 24 hours a day, five days a week.

https://ifxbrokers.com/onlineTrading.html

Is IFX Brokers™ and ECN/STP Broker?

Electronic Communications Networks (ECN) connect you directly to our liquidity providers. All orders are sent to them via Straight Through Processing (STP).

https://ifxbrokers.com/getTrading.html

The Client accepts that IFX Brokers (Pty) Ltd acts as a principal and a market maker when executing Client trades and the Firm may profit from any Client losses.

Scalping: Refers to the opening and closing of a position within seconds. We have a one-minute minimum time interval between opening and closing trades.

4.2.16. If scalping or any other unauthorized trading activity is performed on the Online Trading System, automated or manual. In this case all Transactions performed that way will be annulled and cancelled

https://ifxbrokers.com/pdf/new/CustomerAgreementRevA12082018.pdf

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