Global Broker governance & inquiry App




Mauritius|1-2 years|
Retail Forex License|Suspicious Scope of Business|Medium potential risk|Offshore Regulated|


Rating Index


+44 2070978456


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Contact number


+44 2070978456

Broker Information


Company Name


Company Abbreviation


Platform registered country and region


Company website

Pyramid scheme complaint


Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2024-04-23
  • The Mauritius FSC regulation with license number: GB21026812 is an offshore regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed IFEXCAPITAL also viewed..


10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website


10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website


10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IC Markets

10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IFEXCAPITAL · Company Summary

IFEXCAPITAL Review Summary in 10 Points
Founded 2023
Registered Country/Region Mauritius
Regulation Unregulated
Market Instruments Crypto, Commodities, Stocks, Indices, Forex , Metals
Demo Account Not Available
Leverage Up to 1:500
EUR/USD Spread From 0.03 pips
Trading Platforms Web-based IFEXCAPITAL mobile app
Minimum Deposit Not disclosed
Customer Support Live chat, phone, email, address, contact us form


IFEXCAPITAL, a global brokerage based in Mauritius, offers a wide array of financial instruments, spanning Crypto, Commodities, Stocks, Indices, Forex, and Metals. It is, however, significant to mention that the broker currently operates without any valid oversight from recognized regulatory entities.

IFEXCAPITAL's homepage

In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.

Pros & Cons

Pros Cons
• Diversified instruments • Unregulated
• Multiple account types • No MT4/5 platforms
• Tight starting spreads
• Zero commissions
• Flexible leverage ratios
• Rich customer support options
• Islamic account available


  • Diversified Instruments: IFEXCAPITAL offers 250+ financial instruments to trade, providing customers with many options for investment and the ability to diversify their portfolio.

  • Multiple Account Types: With four account types, IFEXCAPITAL allows customers to choose plans that best suit their trading experience, financial goals and risk tolerance.

  • Tight starting Spreads: Tight starting spreads starting from 0.03pips can be favorable for cost-sensitive traders. It can increase potential profitability as costs incurred on trades are lower.

  • Zero Commissions: IFEXCAPITAL does not charge commissions which means less trading costs and higher profit margins for traders.

  • Flexible leverage ratios: With flexible leverage ratios from 1:200 to 1:500 for different account types, clients can increase their exposure to the market, allowing for larger trades without requiring the full capital upfront.

  • Rich Customer Support Options: A variety of customer support options of this broker ensures effective and timely communication which can be crucial for a smooth trading experience.

  • Islamic Account Available: Offering Islamic accounts means users who observe Islamic law can trade without violating any of its principles.


  • Unregulated: Being unregulated implies that there's a lack of oversight from financial authorities for IFEXCAPITAL. This could pose risks to the clients funds and personal information.

  • No MT4/5 Platforms: IFEXCAPITAL does not offer the widely-used MT4/5 platforms which limits trading experience of some traders, particularly those who prefer these platforms for their advanced charting features, automated trading options, and customization capability.

  1. Is IFEXCAPITAL Safe or Scam?

When considering the safety of a brokerage like IFEXCAPITAL or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Taking into account the operations of IFEXCAPITAL, there are serious concerns due to their lack of legitimate regulations. This absence of regulatory oversight raises questions about the firm's legality and responsibility, investors should proceed with their financial transactions with great caution.

No license
  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: IFEXCAPITAL enforces a privacy policy and Anti-Money Laundering (AML) policy for security. These measures aim to safeguard client information, prevent identity theft, and deter illegal financial activities.

In the end, choosing whether or not to engage in trading with IFEXCAPITAL is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.

Market Instruments

IFEXCAPITAL offers clients an extensive range of more than 250 asset CFDs to trade on. This includes Forex currency pairs, allowing traders to speculate on the price movements of major, minor, and exotic currency pairs globally.

The broker provides cryptocurrencies for those interested in exploring the dynamic world of digital assets, presenting potential for substantial returns.

For traders seeking to involve themselves in broad market movements, IFEXCAPITAL also offers indices.

To serve traders with an interest in commodities, the platform provides precious metals and energies.

Further catering to different investment preferences, the platform offers shares/stocks from international markets, enabling clients to cash in on corporate performances around the world.

Market Instruments

Account Types

IFEXCAPITAL offers four different account types: Silver, Gold, Platinum, and VIP Accounts with base currencies EUR, GBP, USD, AUD, CHF, CAD, NZD. These tiered account types meet various client needs, from beginners to seasoned traders. Each account type comes with different features and benefits, gradually escalating with each tier, providing more exclusive services to Gold, Platinum, and VIP account holders.

Account Types

Moreover, swap discounts are available for different account types. The Silver account comes with no swap discount whereas the Gold, Platinum, and VIP accounts offer swap discounts at increasing rates. Gold account holders receive a 10% swap discount, Platinum account holders benefit from a 25% discount, and VIP account holders get a 50% swap discount. This structured discount system provides more privileges to higher-tier account holders, reducing their trading costs effectively.

swap discount

Furthermore, IFEXCAPITAL also exhibits cultural sensitivity by providing an Islamic account option for all account types. These Islamic or interest-free/swap-free accounts are designed to comply with Sharia law, and they do not incur swap or interest charges for overnight positions, aligning with the prohibition of usury in Islamic finance.

However, it's noteworthy that specific information, such as the minimum deposit requirement for each account type, is not readily available.

Islamic account features


IFEXCAPITAL provides different leverage ratios depending on the account type and asset category, allowing for flexibility in trading strategies.

For their account types:Silver, Gold, Platinum, and VIP, the leverage for FX trading is 1:200, 1:200, 1:400, and 1:500 respectively.

For commodities, it's 1:50, 1:50, 1:100, 1:125, while for metals, it's 1:50, 1:75, 1:100, and 1:125.

Stocks/Equities trading consistently offers 1:10 leverage across all account types.

For indices, leverage rises from 1:50 to 1:125 across the accounts, and for crypto, it ranges from 1:2 to 1:5 from Silver to VIP accounts.

Asset Class Silver Gold Platinum VIP
FX 1:200 1:200 1:400 1:500
Commodities 1:50 1:50 1:100 1:125
Metals 1:50 1:75 1:100 1:125
Stocks/Equities 1:10 1:10 1:10 1:10
Indices 1:50 1:75 1:100 1:125
Crypto 1:2 1:2 1:2 1:5

Spreads & Commissions

IFEXCAPITAL adopts a tiered spread structure across its account types. Silver account holders incur spreads as quoted. For Gold account holders, spreads are 20% less, and for Platinum, they're reduced by 30%. The VIP account, on the other hand, enjoys the highest level of cost reduction: spreads are 50% less than quoted.


Notably, all account types, including the VIP, benefit from zero commission trading. This combination of reduced spreads and absence of commission lowers the cost of trading, contributing to improved profitability for IFEXCAPITAL clients.

Trading Platforms

IFEXCAPITAL utilizes a proprietary platform with both a web-based and mobile trading app solution for their clients. This ensures clients' full access to their accounts, allowing them to execute trade orders, including features of stop loss and take profit, irrespective of their location.

The platform is also said to offer numerous financial tools, a comprehensive asset inventory, daily reports, and market newsletters. Furthermore, the app is free, inferring no additional cost burden on the users.

However, it's noteworthy that the app is proprietary and may lack certain features compared to the more mainstream platforms like MT4 or MT5. Therefore, users need to carefully assess the platform's offerings to ensure it aligns well with their trading needs and expectations.

Trading Platforms

Deposits & Withdrawals

IFEXCAPITAL supports multiple payment methods as per the mentioned pictures of the financial service providers' logos. These include globally recognized card payment methods such as MasterCard, Maestro, Visa, and VPay. In addition, online wallet options include Skrill and Neteller.

However, to ensure accuracy, it is advisable to confirm directly with IFEXCAPITAL about the supported payment methods and any associated fees, processing times, or other potential transactional requirements.

Payment Methods

Customer Service

IFEXCAPITAL provides comprehensive customer support through live chat, phone, physical address and email.

Furthermore, customers can use a “contact us” form or reach out to them via their physical address to seek assistance.

Address: 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, 11328, Mauritius.

Phone: +442070978456 (Monday – Friday: 10-20 GMT-5).


contact details


In conclusion, IFEXCAPITAL presents itself as a globally accessible online brokerage operating from Mauritius, offering a diverse range of trading instruments including Crypto, Commodities, Stocks, Indices, Forex, and Metals. However, potential investors should approach with caution due to alarming unregulated status of the broker. Such concerns cast doubt on the broker's commitment to regulatory compliance and client security.

Given these considerations, individuals are encouraged to explore alternative brokers that prioritize transparency, regulatory adherence, and professionalism.

Frequently Asked Questions (FAQs)

Q 1: Is IFEXCAPITAL regulated?
A 1: No. The broker is currently under no valid regulations.
Q 2: Is IFEXCAPITAL a good broker for beginners?
A 2: No. It is not a good choice for beginners because its unregulated by any recognized bodies.
Q 3: Does IFEXCAPITAL offer the industry leading MT4 & MT5?
A 3: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

I am very happy with ifexcapital.. Activating my account was not so easy but now it is going well. The trades are all in the plus. You have to take profits sometimes otherwise it will be gone again
2024-04-20 01:40
robinson 7131
I am client for many months here. Very easy to use platform and pricing is the same as everywhere. Thanks to their team for taking good care of all of my issues that I faced when I started. Cant emphasize enough how helpful it was!
2024-04-16 02:53
Initially appearing as a serious broker... : What initially seemed like a reputable broker is turning out to be a scam: Excessively high pay-in fees, promised support that doesn't exist, an overloaded and confusing customer-/ investor website, especially on mobile, and worst of all: withdrawal orders not functioning, even with different browsers ! My conclusion: STAY AWAY from this 'broker'!
2024-02-05 18:49
In my opinion everything is fraud and fake. First, lots of phone calls, weak tips, no clear information or answers to questions > advice is given that more money should be paid in, etc... If a repayment should be made, you can no longer contact ifexcapital. Telephone numbers no longer work and there are no replies via email. Luckily I only used very little money. I assume everything is gone.
2024-01-17 20:49
robinson 7131
I recently had the opportunity to try out IFEXCAPITAL, an online trading platform, and I must say that my experience was nothing short of delightful. From the moment I signed up till now, I have been thoroughly impressed with their friendly approach and user-friendly features.
2024-01-12 00:42
more than one year
Starting with a Silver Account, I upgraded to Gold. While the platform is user-friendly, trading conditions are average. Higher-tier accounts offer some benefits, but the value doesn't match the cost. Customer support is responsive but occasionally slow. Consider carefully before opting for pricier accounts.
2023-12-20 18:38
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information