Established in 2020, IfineFX is a retail trading broker that is based in the United Kingdom. They provide traders with the MT4 and a proprietary platform for trading over 250 financial assets, including forex, commodities, stocks, indices, and cryptocurrencies. Their clients enjoy various trading conditions, such as offers rapid market execution, secure transactions, reasonable spreads, flexible leverage of up to 1:400, negative balance protection, a range of account types, and more. There are various learning and trading tools as well as a client support team to assist traders. The minimum deposit required to start trading is $200.
IfineFX Review Introduction
In this IfineFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including IfineFX.
IfineFX Platforms & Tools
The broker provides traders with the MT4 and a proprietary trading platform. The MT4 was launched in 2005 and has since evolved into the trading platform of choice by most forex and CFDs traders. It is replete with advanced trading tools and capabilities, such as technical indicators and expert advisors for automating your trades. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers without needing to download or install additional software, and a mobile app that is compatible with Android and iOS devices.
The broker’s proprietary is also available as an alternative trading platform. It is designed to ensure the seamless trading of multiple financial assets. The IfineFX trading platform is available as a WebTrader.
There are various standalone trading tools available on the broker’s website, and they include multiple charts, technical indicators, analytical tools, and an economic calendar.
IfineFX Research & Education
To ensure that traders make knowledgeable trading decisions, the broker makes available a selection of learning resources, such as learning articles, market news, and an FAQ section that answers clients’ most common questions.
IfineFX Trading Accounts
The broker offers multiple trading account options to suit the individual trading needs of clients. The account types and their corresponding minimum deposit requirements are as follows: I-Classic ($200), I-Islamic ($500), I-Premium ($5,000), I-Pro ($10,000), and I-Raw (25,000) Accounts.
IfineFX Account Funding
The broker’s clients are allowed to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: all major credit/debit cards (Visa, MasterCard, Maestro), wire transfers, and alternative payment methods, such as WebMoney, Skrill, Neteller, and more.
IfineFX Customer Service
All trading inquiries are sent to the broker’s client support team, who are available 24/5 and can be reached via the following contact channels: telephone, email, online contact form, and social media.
There is no regulatory information on the broker’s website at the moment. Lack of regulation could discourage prospective clients from opening an account with the broker.
IfineFX Review Summary
Based in the United Kingdom, IfineFX is a multi-asset brokerage firm that ensures the ease of trading multiple financial instruments from a single account. All trades are carried out using the MT4 or the broker’s in-house-built trading platform. There are various helpful trading tools, educational resources, and a client support team to assist traders. The minimum deposit required to start trading is $200. However, there is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this IfineFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the IfineFX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.