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IFX Markets Review

IFX Markets ratings: 6 votes, average: 3.5 out of 56 votes, average: 3.5 out of 56 votes, average: 3.5 out of 56 votes, average: 3.5 out of 56 votes, average: 3.5 out of 5 (6 votes, average: 3.5 out of 5, rated)

Residence and Overview

The trading company named IFX Markets provides margined Forex with a 24-hour commission-free and tight spreads trading.

IFX Markets is a part of the leading retail provider of derivative services of trading in UK.

Telephone services to interested clients on trading with the IFX Market are an additional provided service.

Company’s Market Position

The electronic platform of IFX Markets gives real-time prices on trading with 48 currency pairs. Gold, silver, 40 IMM and even FINEX EFP contracts are included in the services options. Technical analysis and commentaries on the market situation are available for users to help in their trading need information.

Individual, Partnership and Institutions accounts for the clients are available and offered by the IFX Markets brokerage company.

Types of Services Offered

The offer of the brokerage firm is flexible in the trading solution that they have for their clients. The match of the low margins of 1% and competitive spreads that are offered to clients provides the flexibility and advantages of the clients in the company.

Through the IFX Direct and IFX API, the online trading is allowed. Trading via Reuters or with the use of a telephone or the online platforms for trading will provide 24-hour support to the clients from experienced dealers.

Corporate, Joint and Individual Accounts are the choices for the new traders who wish to get aid from the IFX Markets. Requirements and processes for the trading applications are available online, as well.

Traders Support

Available free demo account offer is available. Included in the support are the details to contact the company for any concerns of an individual client.

Downloadable software for the trading platform of the company is also in the website, also application forms and the step-by-step application to any account is there for clients to avail and utilize.

The Trading Platform

The trading platform used in the trading with IFX Markets is IFX Direct Forex Trading System that requires to be downloaded. The software uses the technology of .NET Frame from Microsoft.

Site Design and Ease of Navigation Comments

The website of the trading company, IFX Markets is not so congested with ads. However, the information for interested parties from the web is not very complete.

Advantages

  • Free demo account.
  • Tight spreads on major pairs.
  • The site has provided simple information that is easily understood.
  • Contact numbers and other correspondence information like e-mail and telephone numbers are provided.
  • Online application is available for the accounts desired by any client.

Please share your experience using IFX Markets by leaving a comment at the bottom of this page.

Please rate IFX Markets

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4 Comments »

Comment by rubin
2008-06-08 14:48:34

Solid glitch free platform and the service too. But very expensive as fee plus spreads means a lot.I would like to share comments with anyone who has used this platform for long.

rubin's rating: rubin gives a rating of 3rubin gives a rating of 3rubin gives a rating of 3rubin gives a rating of 3rubin gives a rating of 3
 
Comment by ben
2008-06-18 19:01:46

Guys have no analytical support and how would you calculate cost of trade with them? I couldnt figure it out and thats a big grey area.

ben's rating: ben gives a rating of 3ben gives a rating of 3ben gives a rating of 3ben gives a rating of 3ben gives a rating of 3
 
Comment by sree
2008-06-22 19:35:47

Funny they have no news or fundamentals either, but otherwise solid British company.Worth a try maybe.

sree's rating: sree gives a rating of 3sree gives a rating of 3sree gives a rating of 3sree gives a rating of 3sree gives a rating of 3
 
Comment by gigs
2008-06-25 18:39:04

Sree,FDIC insured accounts thats comforting to me, but not the fact being plain British.If there is one thing that works great in IFX its the trailing stops.But surely you should give it a try.

gigs's rating: gigs gives a rating of 3gigs gives a rating of 3gigs gives a rating of 3gigs gives a rating of 3gigs gives a rating of 3
 

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