IFIN Forex Broker

IFIN Review Summary Founded2008 Registered Country/RegionIndia RegulationNo regulation Market InstrumentsEquities, Commodities, Currencies, Bonds, Funds Demo Account/ Leverage/ Spread/ Trading PlatformWeb-based platform Minimum DepositRs. 10,000 Customer SupportTel: 044-69298400, 044-69298431/432 WhatsApp: 8939087888 Email: customercare@ifinltd.in Company address: Kamak Towers, 4th Floor, Plot No. 12-A (SP) Thiru-Vi-Ka Industrial Estate, Ekkatuthangal, Guindy, Chennai 600032 Founded in 2008, IFIN is an Indian investment financial institution. IFIN provides trading on equities, commodities, currencies, bonds, funds, etc. And open an HDFC bank account with a minimum deposit of Rs. 10,000 for companies and individuals. Customers can register on IFIN Online Trading and the client back office. In addition, it should be noted that IFIN is not regulated by any financial authority.Pros and Cons ProsCons Various trading productsNo regulation No MT4/MT5 No info on deposit and withdrawalIs IFIN Legit? No, IFIN is not regulatedcurrently. Please be aware of the risk!What Can I Trade on IFIN? Tradable InstrumentsSupported Equities✔ Commodities✔ Currencies✔ Bonds✔ Funds✔ Indices❌ Cryptocurrencies❌ Options❌ ETFs❌Account IFIN offers a Demat Account to manage. A Demat Account is required for stock sales, over-the-counter (OTC) transfers, public offerings (IPOs), and stock equity transactions.Investment Plan LLF (Large cap Long term Fund) LLF is suitable for long-term investment with stable returns. MMF (Multi-cap Multiplier Fund) Investment HorizonShort Term, Medium Term & Long Term Minimum Portfolio SizeRs. 10 Lakhs Fee StructureBrokerage @ 0.50 % Management Fees2% on the Net Asset Value (charged 0.50% every quarter on 31st Mar, 30th Jun, 30th Sep & 31st Dec) Profit Sharing20% of Profits to IFIN on returns above 15%