Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.
I trade standard lots of EUR/USD a month.
Who licenses IFX Brokers.
Licences as IFX Brokers lists them. A tick means we found the entity on the regulator's own register.
| Regulator | Tier | Entity | Licence no. | On register |
|---|---|---|---|---|
| FSCA | TIER 2 | iFX Brokers Holdings (Pty) Ltd | FSP 48021 (FSP and ODP) | Not yet checked |
Published EUR/USD costs.
| Account | Spread | Commission | Cost / lot |
|---|---|---|---|
| Standard from | 1.3 pip | $0 | $13.00 |
| Premium from | 1 pip | $0 | $10.00 |
| VIP from | 0.5 pip | $6 | $11.00 |
| Raw from | 0 pip | $6 | $6.00 |
| Cent from | 1.6 pip | $0 | $16.00 |
| Islamic from | 1.3 pip | $0 | $13.00 |
Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.
The fine print.
Traded with IFX Brokers? Prove it.
Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.
Outside rating used for now: Trustpilot 1.5 from 38 reviews.
- accounts: ifxbrokers.com/our-accounts/
- platforms: ifxbrokers.com/our-accounts/
- hq country: www.ifxbrokers.com/
- regulators: www.ifxbrokers.com/
- trustpilot: www.trustpilot.com/review/ifxbrokers.com
- max leverage: ifxbrokers.com/our-accounts/
- islamic account: ifxbrokers.com/our-accounts/
- min deposit usd: ifxbrokers.com/our-accounts/
- payment methods: ifxbrokers.com/deposit-and-withdrawals/
- withdrawal fee note: ifxbrokers.com/deposit-and-withdrawals/
Research notes: Spreads are generic 'spreads from' per account, not EUR/USD-specific. Commission USD 6 on VIP/Raw - per-side vs round-turn basis not stated (assumed RT, verify). Max 1:1000 is Cent account only; other accounts 1:500. Raw described as MT5-only in text but table says MT4 & MT5. Standard/Islamic/Cent are bonus-eligible. LEI 984500467FB5AC92C405, Co. reg 2017/027249/07, Jeffreys Bay. FSCA licence PDFs linked on site; FSCA register not opened.
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