Abstract：Founded in 2005 by a group of turnkey professionals with years of experience in financial services, IFX offers a complete range of banking business process services through a modern API-driven and web-based platform. IFX provides a market-leading liquidity market management system, as well as flexible payment and foreign exchange solutions that can be applied to any business type. Traders can take advantage of the speed, collaboration, and specialization to build payment and collection solutions that work for them. IFX holds a payment license from the FCA in the UK (license number: 900517) and a general finance license from the Dubai Financial Services Authority (license number: F001814).
General Information & Regulation
IFX (UK) Ltd (company number: 05422718), trading as IFX Payments, is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN 900517) for the
issuing of electronic money. IFX Payments is subject to the Payment Services Regulations 2017. IFX Payments is also regulated by the Dubai Financial Services Authority as a Representative
Office (DFSA Firm Reference Number F001814).
IFX offers its clients solutions for forex trading, bulk payments, and virtual IBAN. IFX specializes in managing forex payments for international companies and takes the time to understand the specific requirements, concerns, and priorities of its clients to minimize the impact of currency fluctuations on their bottom line. For private clients, IFX arranges for private expert advisors to ensure they get the most out of their deals possible. For ambitious business partners, IFX can provide clients with strategic support, personalized service, and cost-saving features that banks and other mainstream providers can't match.
The minimum deposit requirements information is not fully disclosed on the IFX official website.
Some currency pairs spreads offered by IFX are announced on its website. The spread on GBP/EUR start from 2 pips, GBP/USD from 2 pips, EUR/USD from 1pip, GBP/AUD from 2 pips. Moreover, there are no details about whether commission is applied.
In terms of trading leverage, unfortunately, there is no leverage related information shown on the IFX website.
Trading Platforms Available
IFX offers traders not the most popular MT4/MT5 trading platforms available today. Generally speaking, the MT4/MT5 trading platform is the gold standard in the forex trading industry, and traders will feel more comfortable and secure when trading on this platform.
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