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IFX Brokers

About Company

Overview

Information

Review

Summarization

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Unproved

Unproved

IFX Brokers

Founded in :

N/A

Founded date :

N/A

1 Reviews

Average

2.75/5

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Security Information

5.00

Verification on TrustFinance

0.00

Traffic & Engagement

3.33

Social look up

3.25

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Security Information

FSCA

Regulated

Licenses No: 48021

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

FSCA

Regulated

Licenses No: 48021

What are the differences in regulations for each ?

News

TrustFinance Intelligence Agency

Research date: May 14, 2025

iFX Brokers, a woman-led CFD and forex brokerage based in South Africa, is redefining leadership in finance by promoting gender equity and empowering women in the financial services sector. The company, founded by CEO Hannelé de Necker, places women in all operational roles and is recognized for its commitment to diversity, community upliftment, and transformative leadership. iFX Brokers actively recruits women from marginalized backgrounds and invests in their development, contributing to a more inclusive financial landscape. The firm also emphasizes the business advantages of female leadership, supported by research showing that companies with women in leadership positions tend to outperform their peers. iFX Brokers aims to challenge industry norms and advocate for systemic change in finance.

iFX Brokers, a woman-led CFD and forex brokerage based in South Africa, is redefining leadership in finance by promoting gender equity and empowering women in the financial services sector. The company, founded by CEO Hannelé de Necker, places women in all operational roles and is recognized for its commitment to diversity, community upliftment, and transformative leadership. iFX Brokers actively recruits women from marginalized backgrounds and invests in their development, contributing to a more inclusive financial landscape. The firm also emphasizes the business advantages of female leadership, supported by research showing that companies with women in leadership positions tend to outperform their peers. iFX Brokers aims to challenge industry norms and advocate for systemic change in finance.

The website DailyForex offers a comprehensive platform for forex trading, featuring broker comparisons, market news, and trading resources. It highlights the successful iFX EXPO LATAM 2025 event, which saw record attendance and facilitated networking among industry professionals. The expo showcased opportunities for global companies in the Latin American market and included educational partnerships to enhance attendee experience. DailyForex emphasizes its commitment to providing unbiased broker reviews and market insights, aiming to assist traders in making informed decisions.

The website DailyForex offers a comprehensive platform for forex trading, featuring broker comparisons, market news, and trading resources. It highlights the successful iFX EXPO LATAM 2025 event, which saw record attendance and facilitated networking among industry professionals. The expo showcased opportunities for global companies in the Latin American market and included educational partnerships to enhance attendee experience. DailyForex emphasizes its commitment to providing unbiased broker reviews and market insights, aiming to assist traders in making informed decisions.

The article discusses IFX Brokers, a South African OTC forex broker regulated by the FSCA, highlighting its commitment to providing a safe and efficient trading environment. It emphasizes the availability of a mobile app, various account types, and access to popular trading platforms MetaTrader 4 and 5. The broker is noted for its competitive fees, no minimum deposit requirement for regular accounts, and a maximum leverage of 1:500, making it suitable for both new and experienced traders.

The article discusses IFX Brokers, a South African OTC forex broker regulated by the FSCA, highlighting its commitment to providing a safe and efficient trading environment. It emphasizes the availability of a mobile app, various account types, and access to popular trading platforms MetaTrader 4 and 5. The broker is noted for its competitive fees, no minimum deposit requirement for regular accounts, and a maximum leverage of 1:500, making it suitable for both new and experienced traders.

The article provides a step-by-step guide on how to open a trading account with iFX Brokers in South Africa. It outlines the process starting from visiting the iFX Brokers website, completing the registration form, choosing the account type, agreeing to terms and conditions, verifying the account, funding the account, accessing the trading platform, and finally starting to trade. The guide emphasizes the simplicity of the process for both beginners and experienced traders, encouraging them to leverage the trading opportunities available.

The article provides a step-by-step guide on how to open a trading account with iFX Brokers in South Africa. It outlines the process starting from visiting the iFX Brokers website, completing the registration form, choosing the account type, agreeing to terms and conditions, verifying the account, funding the account, accessing the trading platform, and finally starting to trade. The guide emphasizes the simplicity of the process for both beginners and experienced traders, encouraging them to leverage the trading opportunities available.

Exness has been awarded Best Broker and Most Trusted Broker - MEA 2025 at the iFX EXPO Dubai 2025. The event, which attracted over 5,000 professionals, featured Exness participating in panel discussions about market liquidity and cryptocurrency trading. Exness aims to reshape the online trading industry through technology and infrastructure investments, emphasizing trust and innovation.

Exness has been awarded Best Broker and Most Trusted Broker - MEA 2025 at the iFX EXPO Dubai 2025. The event, which attracted over 5,000 professionals, featured Exness participating in panel discussions about market liquidity and cryptocurrency trading. Exness aims to reshape the online trading industry through technology and infrastructure investments, emphasizing trust and innovation.

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Reviews

Highlight Review

Review Analytic

Naeem Masih

Direct review

Poor

Overall Thought

Hi there, I added 10,850 dollars to my account and made it up to 37,961 dollars. Following the registration of my withdrawal request, the broker first denied it, withheld the full amount of my profit from the account, and prevented me from withdrawing the profit. Despite my repeated attempts to contact both the email broker and the official Telegram support, they have not replied to any of my correspondence and have simply ignored it. Until I denounced them to a company named juliana_phil _232 (@)_ gmail _com ), which fights fraudulent acts, and which assisted me in getting my money back.I hope all who support the broker are accountable in this case.

Sep 7, 2024

Social look up

Poor

Total 1 Cases

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Feb 15,2024 Dot icon 08:02

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IFX Brokers Review: Is IFX Brokers Good?

Broker overview and general information

IFX Brokers is a trading name of IFX Brokers Holdings (Pty) Ltd, registered in South Africa. It offers clients a wide range of tradable financial instruments on mt4 and mt5 with leverage up to 1:1000 and floating spreads starting from 0.5 pips. Trading platforms with 5 live account types are a great deal.

Broker Licensing and Regulation

If you ask if IFX Brokers is good, you should start by considering the license factor first, which has the following licenses:

Financial Sector Conduct Authority (FSCA) License No. 48021 under IFX BROKERS HOLDINGS (PTY) LTD.

 ⚠️WARNING: Although the broker is regulated, many users are concerned that the FSCA regulation may not be sufficient, especially for traders based outside of South Africa.

Broker Products and Services

Trading products

Trade CFDs on Forex, Indices, Commodities, Crypto

Trading Platform

MT4 and MT5

Review of account typesIFX Brokers

Comparison table of each account type

Features	iFX Premium	iFX Standard	iFX Vip	iFX Islamic	iFX Cent	iFX Raw
Minimum deposit	$250	$250	$1000	$10	$10	$250
Bonus	None	มี	มี	มี	มี	None
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
Spreads	1 pip	1.3 pips	0.5 pips	1.3 pips	1.6 pips	0 pips
Commission	No commissions and no hidden costs	No commissions and no hidden costs	$6	No commissions and no hidden costs	No commissions and no hidden costs	$6
Swap Fees	มี	มี	มี	Not available for Forex and Commodities	มี	มี
Margin Call	60%	50%	40%	50%	50%	50%
Stop Out	20%	30%	10%	30%	30%	20%
Base Currency	ZAR USD GBP EUR	ZAR USD GBP EUR	ZAR USD GBP EUR	ZAR USD GBP EUR	ZAR USD GBP EUR	ZAR USD GBP EUR

Deposit and Withdrawal Review

The broker supports traders to deposit and withdraw money from their investment accounts via ozow, payfast, mastercard, visa, wire transfer, skrill, neteller and cryptocurrencies. The minimum initial deposit requirement is only $10.

Withdrawals are processed during business hours (Monday to Friday, 7am to 5pm). Withdrawals for South African customers are typically processed within 2 to 4 hours. Please note that withdrawals for international customers are processed instantly, but can take up to 5 business days to reach your bank account.

 ⚠️Warning:  IFX Brokers does not charge any fees for deposits and withdrawals via electronic and crypto wallets, but bank wire transfer fees are up to 2.5% of the transaction amount.

Broker Customer Service

You can contact customer support through the following channels:

Telephone: +27 879447273
Email:support@ifxbrokers.com
Company Address: 79 Da Gama Road, Jeffreys Bay, South Africa.

IFX BrokersReview: Pros and Cons

Pros :

A wide range of trading assets, account types and payment methods
Minimum deposit (USD 10)

Cons :

Licenses are insufficient to meet the demand of traders outside South Africa
A swap fee is charged.
The Cent account has higher spreads compared to other brokers.
There is a 2.5% fee charged for deposits and withdrawals via bank transfer.

Broker Overview Summary

IFX Brokers is an attractive option for traders of all levels, with its cutting-edge trading platforms and wide range of assets to choose from. However, users should consider several factors before deciding to open an account with this broker. While the broker has advantages such as a wide range of assets, a choice of account types, and a low minimum deposit (USD 10), there are also disadvantages to consider, especially for traders outside of South Africa who may not be comfortable with the broker’s license.

The Cent account also has higher spreads compared to other brokers and is charged a 2.5% bank wire fee, as well as a swap fee for holding positions overnight.

Carefully considering these pros and cons will help users make informed decisions about which service to choose.

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IFX Brokers Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.