Company profile
IFABasic InformationCompany NameIFAFounded2023HeadquartersMalaysiaRegulationsRegulated by Labuan FSAProducts and ServicesForex instruments, spot metals, commoditiesTrading PlatformMetaTrader 5 (MT5)Customer SupportPhone: 608 759 3828; Email: account@internationalfinanceasia.comRestricted AreasBelgium, Iran, North Korea, and the USAOverview of IFA Founded in 2023 and headquartered in Malaysia, International Finance Asia (IFA) is a brokerage firm regulated by ASIC and Labuan FSA. Offering a wide range of financial products including forex, metals, and commodities through the MT5 platform, IFA provides an efficient trading experience with support available via email and phone.Is IFA Legit? The International Financial Alliance (IFA) operates under regulatory oversight from two authorities, the Australia Securities & Investment Commission (ASIC) and the Labuan Financial Services Authority (Labuan FSA). In Australia, IFA functions as an Appointed Representative (AR)and falls under the supervision of ASIC, holding license number 001305580. H however, the current regulatory status is revoked. Meanwhile, in Labuan, Malaysia, IFA is licensed by the Labuan FSA under the classification of Financial Service, with license number SL/18/0009. These regulatory statuses signify that IFA adheres to the regulatory frameworks and standards established by ASIC and Labuan FSA, respectively.Pros and Cons International Finance Asia (IFA) offers a compelling array of advantages, notably its regulation by reputable authorities such as ASIC and Labuan FSA, ensuring a secure trading environment for clients. Moreover, the platform boasts a diverse range of trading products and services, catering to the needs of various traders. The user-friendly MetaTrader 5 (MT5) trading platform further enhances the trading experience with its intuitive interface and advanced features. However, there are some drawbacks to consider, including the limited trading options compared to some competitors, as IFA does not offer CFDs, indexes, stocks, or ETFs. Additionally, the platform lacks comprehensive educational resources and research tools, while its customer support channels are limited to email and phone, potentially hindering immediate assistance for clients.ProsConsRegulated by Labuan FSALimited trading optionsDiverse range of trading products and servicesLack of educational resources or research toolsUser-friendly MetaTrader 5 (MT5) trading platformLimited customer support channels (only email and phone)Products and Services 1. FX Instruments: IFA provides liquidity for forex instruments, offering streaming prices and continuous trading functionality. Trading sessions for FX instruments run from Sunday at 17:10 ET to Friday at 16:55 ET, with a daily system reset occurring between these times. 2. Spot Metals: Traders can engage in spot metal trading with IFA, which operates from 18:05 ET on Sunday to 16:55 ET on Friday. There is a daily break in pricing from 16:55 ET to 18:05 ET, providing traders with clear windows for trading activities. 3. Commodities (Energy and Oil): IFA facilitates trading in energy and oil commodities, including WTI, natural gas, and Brent crude oil. Trading hours for these instruments are clearly defined, with specific start and end times for trading sessions, as well as scheduled breaks in pricing to ensure clarity and consistency.BrokerForexMetalsCryptoCFDIndexesStocksETFsIFAYesYesYesNoNoNoNoAMarketsYesYesNoYesYesYesNoTickmillYesYesYesYesYesYesNoEXNESS GroupYesYesYesYesYesYesNoHow to Open an Account? Opening an account with International Finance Asia (IFA) is a straightforward process designed to provide clients with quick and convenient access to global financial markets. To get started, prospective clients can reach out to IFA's dedicated team of technical experts via email at account@internationalfinanceasia.com. The team is available 24 hours a day, six days a week, ensuring that clients receive timely and efficient support whenever they need assistance.Trading Platforms IFA provides its clients with the MetaTrader 5 (MT5) platform, enabling access to a broad spectrum of financial markets including forex, stocks, and cryptocurrencies. MT5 stands out for its advanced features, user-friendly interface, and analytical tools, catering to both new and seasoned traders. It supports various order types and automated trading via Expert Advisors, offering flexibility across devices for on-the-go trading.Customer Support IFA prioritizes robust customer support, accessible 24/6 via email at account@internationalfinanceasia.com, phone at +608 759 3828, and a physical address, ensuring swift and knowledgeable assistance with account management, trading platforms, and various inquiries.Restricted Areas IFA's services are not available to residents of certain countries, including Belgium, Iran, NorthKorea, and theUSA, with the company reserving the right to modify this list at its discretion.Conclusion In conclusion, International Finance Asia (IFA) presents itself as a regulated and reliable platform, offering a diverse range of trading products and services along with a user-friendly MetaTrader 5 (MT5) trading platform. However, potential drawbacks include the limited trading options compared to some competitors and the absence of extensive educational resources or research tools. Additionally, the customer support channels are restricted to email and phone, which may pose challenges for clients seeking immediate assistance. FAQs Is IFA regulated? Yes, IFA is regulated by Labuan FSA, ensuring compliance with established financial regulations. What trading products and services does IFA offer? IFA provides a diverse range of trading products and services, including forex instruments, spot metals, and commodities like energy and oil. Which trading platform does IFA offer? IFA offers the MetaTrader 5 (MT5) trading platform, known for its user-friendly interface and advanced features. What are the customer support options available at IFA? Clients can reach out to IFA's support team via email and phone for assistance with their trading inquiries and account-related matters.Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.
FX7897928072
Taiwan
Since depositing funds in July last year and starting the platform's KYC verification process in September, I have been unable to withdraw funds even after passing the KYC verification. I am even unable to withdraw my principal $10,000.
Exposure
03-07