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    Let’s TrustFinance AI Summarize all the reviews for you.

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    Forex
    navigate nextRetail Brokernavigate nextIMMFX

    About Company

    • Overview
    • Information
    • Review
    • Summarization
    icon
    THIS SERVICE IS NOT AVAILABLE IN YOUR REGION
    icon
    THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

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    IMMFX

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    Saint Vincent And The Grenadines

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    2014 (11 Years)

    76 Reviews


    Safe

    3.36/5

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    Security Information

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    Traffic & Engagement

    1.67

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    2.00

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    Security Information

    Warning icon

    Warning

    This company is currently unproved. Please be cautious of the potential risks!

    Note icon

    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

    Warning icon

    Warning

    This company is currently unproved.

    Please be cautious of the potential risks!

    Note icon

    What are the differences in regulations for each ?

    IMMFX - Pros and Cons

    Pros-icon

    Pros

    • Offers a wide variety of trading products.

    • Provides swap-free account options.

    Cons-icon

    Cons

    • Not regulated by a reputable authority.

    • Supports only the Vertex FX platform.

    • Requires a relatively high minimum deposit.

    • Withdrawal fees are high.

    • Offers relatively low leverage.

    Pros

    • Offers a wide variety of trading products.

    • Provides swap-free account options.

    Cons

    • Not regulated by a reputable authority.

    • Supports only the Vertex FX platform.

    • Requires a relatively high minimum deposit.

    • Withdrawal fees are high.

    • Offers relatively low leverage.

    Company Information

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    Get to know IMMFX

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    Company Information

    Get to know IMMFX

    IMMFX is an online forex and CFD broker offering a variety of markets and account types. It is an award-winning Straight Through Processing (STP) broker that offers trading services for a variety of financial instruments, including forex, metals, energies, indices, stocks, and cryptocurrencies.

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    Industry

    • Forex Retail BrokerPRIMARY

    Software

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    Reviews

    Highlight Review

    Review Analytic

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    A

    Shamsiyya Aminu

    Direct review

    Excellent

    Overall Thought

    IMMFX delivers a fantastic trading experience. With user-friendly tools and a wide array of assets, it's ideal for traders of all levels. The platform's responsive customer support and commitment to security make IMMFX a standout choice for those looking to navigate the financial markets with confidence.

    Aug 27, 2023
    Read morebuilding-icon
    A

    anasalkhabouri3

    Direct review

    Excellent

    Overall Thought

    IMM Group Ltd is The best regulated forex broker registered as an International Business Company . Their range of assets and analytical tools caters to all beginners and experienced traders with low rate fee. It is so easy and fast and have a nice customers. It is characterized by high credibility and reliability as wellز

    Aug 27, 2023
    Read morebuilding-icon
    A

    sscash8

    Direct review

    Excellent

    Overall Thought

    IMMFX is a standout crypto company that has truly impressed me. Their commitment to transparency, security, and innovation is evident in every aspect of their services. I appreciate how they prioritize user education, offering resources that empower beginners and seasoned investors alike. The platform's intuitive interface makes trading a breeze, and their customer support is top-notch, always responsive and knowledgeable. What truly sets IMMFX apart is their dedication to staying ahead of industry trends, continuously expanding their offerings to encompass new cryptocurrencies. With a rock-solid reputation and a forward-thinking approach, IMMFX is undoubtedly a frontrunner in the crypto space, deserving of high praise.

    Aug 27, 2023
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    Total 1 Cases

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    Feb 15,2024Dot icon08:02

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    IMMFX

    Reviews

    | Total 76

    Reviews

    | Total 76

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    AI Review analysis

    Let’s TrustFinance AI Summarize all the reviews for you.

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    Filter

    5 Star

    96%

    4 Star

    4%

    3 Star

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    1 Star

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    c

    chelseagervase

    Direct review Dot icon2 Sep

    Overall Thought

    Excellent

    This platform has made me enjoy my trading experience by helping me trade fast and easy without fear of losing to scammers

    Read more
    h

    hlawan694

    Direct review Dot icon31 Aug

    Overall Thought

    Excellent

    IMMFX is a fantastic and one of the very good trading platform user interface and the they have good customer service reliable and experience. And it was very easy to use and operate.

    Read more
    s

    smilingdove45

    Direct review Dot icon29 Aug

    Overall Thought

    Excellent

    IMMFX has a good user interface and very fast with other crypto teaching to enlighten users.

    Read more
    y

    yuichan12316

    Direct review Dot icon28 Aug

    Overall Thought

    Excellent

    IMMFX is an exceptional trading platform! it's very easy to use and it offers great features!

    Read more
    S

    Shamsiyya Aminu

    Direct review Dot icon27 Aug

    Overall Thought

    Excellent

    IMMFX delivers a fantastic trading experience. With user-friendly tools and a wide array of assets, it's ideal for traders of all levels. The platform's responsive customer support and commitment to security make IMMFX a standout choice for those looking to navigate the financial markets with confidence.

    Read more
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    Summarization

    IMMFX Review: Is IMMFX a Good Broker?

    Broker overview and general information

    IMMFXis a Forex and CFD broker established in 2014, offering trading in a variety of assets including Forex, energy metals, stock indices and cryptocurrencies, primarily using the VertexFX platform, which supports both desktop and mobile versions.


    Broker Licensing and Regulation

    If you ask whether IMMFX broker is good or not, you should start by considering the license and registration factors first, which are as follows:

    • IMMFX is registered under the name IMM Group Ltd in the Republic of the Marshall Islands but is not regulated by any strict financial authority.

    • Registered as an International Business Company (IBC) under Reference Number (Registration No. 118416) operating pursuant to The Republic of the Marshall Islands Financial Services Authority (GLOFSA).

    ⚠️Warning:No licensing and regulatory information was found for this broker. Investors should be aware of the risks involved as there may be no financial protection from regulatory agencies. It is recommended to conduct thorough research and consideration before investing.



    Broker Products and Services

    Trading products

    • Currency pairs: More than 60 pairs (Major, Minor, Exotic)

    • Metals: Gold, Silver, Platinum and Palladium

    • Energy: Brent, WTI crude oil and natural gas

    • Stock indices: such as the S&P 500, FTSE 100 and NASDAQ 100.

    • Cryptocurrencies: Bitcoin, Ethereum, Litecoin

    Trading Platform

    The broker offers the VertexFX trading platform via IOS and Andriod.It is a trading platform developed by Hybrid SolutionsIt features support for trading in multiple asset classes such as Forex, commodities, cryptocurrencies, and stock indices. It comes with advanced technical analysis tools and supports automated trading (Expert Advisors). It also has an easy-to-use mobile app and a Social Trading feature that allows users to copy the trades of experts.



    IMMFXReview: Account Types

    Zero Account

    • Minimum deposit: $100

    • Spread: Starting from 0.6

    • Maximum leverage: 1:500

    • Swap: Free

    • Commission: None

    • Margin call/ Stop out: 100/30

    Prime Account

    • Minimum deposit: $100

    • Spread: Starting from 0

    • Maximum leverage: 1:500

    • Swap: Free

    • Commission: $8/lot (Currencies & Metals), $12/lot (Indices & Energies), 0.008 of trade value (Individual Stocks & Crypto)

    • Margin call/ Stop out: 100/30

    • Support for EAs



    Deposit and Withdrawal Review

    Deposit Information

    Minimum deposit amount

    • Most start at $50.

    • Some channels start at $10, such as PayCo, PayPal, GCash, and Payment Asia.


    Deposit Fee

    • Free on all channels (except Advcash which charges "Epay Fee")


    Deposit processing time

    • Mostly: Instant

    • Some channels: Takes 1 day, such as PayPal, GCash, Payment Asia


    Withdrawal Information

    Minimum withdrawal amount

    • Not specified in this information


    Withdrawal Fee

    • Starting at 2% for Perfect Money, Union Pay, PayPal, GCash, and Payment Asia.

    • Up to 8.8% for Western Union and MoneyGram

    • Wire Transfer: Fee $20-$80


    Withdrawal processing time

    • Most: Takes 1-5 days

    • PayPal, GCash: 1 day



    Customer Service

    Customer service is available 24 hours a day, 7 days a week, except between 20:00 (GMT) on Friday and 19:00 (GMT) on Sunday.

    • Telephone: +44 7480 792583 

    • WhatsApp: +44 7868 812807

    Office

    • Republic of Marshall Islands IMM Group Co., Ltd.

    • Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH 96960

    • United IMM Group, Inc. 244 Madison Avenue, Zip Code – 10016-2417, New York City, New York, United States

    • United Kingdom IMM Group Ltd. 73 Shelton Street Covent Garden, London, WC2H 9JQ, United Kingdom



    Broker Review Overview Summary

    IMMFX is a forex broker with a number of issues to consider, particularly in terms of limitations and drawbacks that may impact a trader’s experience. One of the main drawbacks is that it is not regulated by a reputable financial authority, which could raise concerns among traders about its reliability. Additionally, its support for only the Vertex FX platform, which is not very common in the industry, may not appeal to traders who are used to the industry standard MetaTrader.


    Another major drawback is the high minimum deposit, which may not be suitable for traders with a limited budget. In addition, high withdrawal fees may increase the cost of managing a trader’s own funds. Although there is customer support, the lack of 24/7 support may be inconvenient for traders who need assistance during emergencies or in different time zones. Overall, IMMFX may be suitable for some traders, but these drawbacks should be considered carefully before deciding to use the service.



    Frequently asked questions aboutIMMFX

    Q:What trading tools does MMFX offer?

    A: There are a variety of trading tools to choose from, such as:

    • Over 60 Forex currency pairs

    • CFDs on stocks, indices, commodities and precious metals

    • Technical and fundamental analysis tools



    Q: How do I deposit and withdraw money?

    A: There are various deposit and withdrawal channels such as:

    • Bank transfer, FasaPay, i-Account, MoneyGram, OKpay, PayCo, Payza, Perfect Money, UnionPay, Western Union, UAE and Wire transfer



    Choose the safest and most suitable broker with TrustFinance reviews

    Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.


    IMMFX Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.

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