iFourX Forex Broker

iFourXReview Summary Founded2024 Registered Country/RegionSaint Lucia RegulationNo regulation Market InstrumentsFroex, indices, commodities Demo Account✅ LeverageUp to 1:500 SpreadFrom 3.0 pips (Platinum account) Trading PlatformMT5 Min Deposit$100 Customer SupportContact form Facebook, X, instagram, linkedin Tel: +971 521663172 Email: support@ifourx.com Regional RestrictionsThe United States, Cuba, Iraq, Myanmar, North Korea and Sudan clients are not allowediFourX Information iFourX is an unregulated broker, offering trading on forex, indices and commodities with leverage up to 1:500 and spread from 3.0 pips on MT5 trading platform. The minimum deposit requirement is $100.Pros and Cons Pros Cons With demo accountNo regulation MT5 platformWide spreads High minimum deposit requirementIs iFourX Legit? No. iFourX currently has no valid regulations. Please be aware of the risk! Negative balance protection is not guaranteed.What Can I Trade on iFourX? iFourX offers trading on forex, indices and commodities. Tradable Instruments Supported Forex✔ Indices ✔ Commodities✔ CFDs❌ Cryptos❌ ETFs❌ Bonds❌ Stocks❌Account Type Here are three account types iFourX offers: Account TypeMin Deposit Platinum $100 ECN $5000 VIP $10000Leverage The broker offers max leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.iFourX Fees Trading Fees Account TypeCommission Platinum $10 ECN $7 VIP $5 iFourX Spreads Account TypeSpreads Platinum From 3.0 pips ECN From 1.5 pips VIP From 0.7 pips Swap Rates The broker offers swap free accounts.Trading Platform Trading PlatformSupported Available Devices Suitable for MT5✔Mobile, Desktop & WebExperienced trader MT4❌/BeginnersDeposit and Withdrawal The broker accepts payments via Bank Transfer, MasterCard, Maestro and VISA. If the withdrawal is under a certain amount, the broker applies a small charge. The fee depends on the base currency of client's trading account. Deposit Options Deposit Options Fees Bank TransferFree MasterCardEUR (€) – free of chargeUSD ($) – 5% of client's deposited amount MaestroEUR (€) – free of chargeUSD ($) – 5% of client's deposited amount VISAEUR (€) – free of chargeUSD ($) – 5% of client's deposited amount Withdrawal Options Withdrawal Options Processing Time USD withdrawalsSame day processing if requested before 1PM GMT. Requests made after 1PM will be processed the next working day. All other withdrawalsProcessing will take place within 2 working days