IFEXCAPITAL Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.ifexcapital.com/onboarding?Opening=Direct-/en/contactus&sub_campaign=Direct-/en/contactus&utm_content=/en/contactus, the company's legitimate regulatory information MauritiusFSCRetail Forex License, to enhance the security of the company's address Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, MMauritius,11328.
IFEXCAPITAL Forex Broker
Basic information
Mauritius
1-2 years Regulated in Mauritius Retail Forex License Suspicious Scope of Business High potential risk Offshore RegulatedCompany profile
IFEXCAPITAL Information
IFEXCAPITAL is a brokerage company specializing in online investment and trading services. The tradable instruments include forex, cryptocurrencies, metals, stocks, commodities, and indices. The broker also provides five accounts with a maximum leverage of 1:500. The minimum spread is from 0.025 pips and the deposit is no limit. IFEXCAPITAL is still risky due to its offshore regulated status.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Offshore regulated |
| Islamic account available | MT4/MT5 unavailable |
| Spread 0.025 pips | Demo account unavailable |
| Various tradable instruments | No bonus |
Is IFEXCAPITAL Legit?
FSC regulates IFEXCAPITAL with license number GB21026812 and License Type Retail Forex License. However, the 'offshore regulated' current status is less safe than regulated.
What Can I Trade on IFEXCAPITAL?
IFEXCAPITAL offers various market instruments, including forex, cryptocurrencies, metals, stocks, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
IFEXCAPITAL has five account types: silver, gold, platinum, VIP, and Islamic. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.
| Account Type | Silver | Gold | Platinum | VIP | Islamic |
| Deposit | No limits | No limits | No limits | No limits | - |
| Spread | From 0.065 pips | From 0.045 pips | From 0.025 pips | From 0.025 pips | No spreads widening |
| Commission | 0 | 0 | 0 | - | No |
| Maximum Leverage | 1:200 | 1:200 | 1:400 | - | 1:500 |
| Swap Discount | 0% | 10% | 25% | - | Swap free |
| Dedicated support | 24/5 | 24/5 | 24/5 | - | 24/5 |
IFEXCAPITAL Fees
The spread starts from 0.025 pips, the commission is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
IFEXCAPITAL provides a propriety trading platform available on the web and mobile(iOS and Android), instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| IFEXCAPITAL | ✔ | Web/Mobile(iOS/Android) |
Deposit and Withdrawal
The first deposit amount must be 0 or above. IFEXCAPITAL accepts Mastercard, Maestro, SSL, Visa, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Rating Index
Islamic
VIP
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Latest Reviews
FX5283884942
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Dear All, Please read my review carefully. First of all, do not believe social media ads, articles, or photos. Sometimes, they use pictures of famous celebrities in their advertisements to mislead people. Please do not fall for these tactics. My sincere advice to all of you is: Do not open a trading account with them. Please go through my feedback below before making any decision. Their fraudulent activities are so extensive that we could write a 100-page book about them. Key Concerns: It is nothing but an open scam disguised as an international trading platform. Initially, they claim that ₹21,000 is enough to start trading and earn lakhs in days. However, once you open an account, they pressure you to deposit more money, stating that international trading requires a higher investment. They keep demanding additional deposits, and there is no proper withdrawal facility. Even if you invest $1000, they may only allow you to withdraw $50.
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They cheating money minded only. No one is professional tradder for this company. Don't waste of your time. Don't lose your money
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My relationship manager was Mr.Sayad Qalaq and I invested 5.5lacs through him. I started with 200 dollars...and they pressurised me to invest more and more.. last 1ack was taken from me by telling my margin has gone down..With 🙏 hands pls pls pls do not invest even a single rupee in this company...pls don't invest..if u do your money is lost.
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