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IFX Brokers Review: Is IFX Brokers a Safe Broker for Your Trading?

IFX Brokers is an ECN/STP forex and CFD broker based in South Africa, founded in 2012. regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021). This IFX Brokers review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT5 / MT4 ECN/STP ✓ Regulated

IFX Brokers at a Glance

A regulated forex and CFD broker with a $10 minimum deposit, spreads from 0.0 Pips, leverage up to 1:1000* and MT5 / MT4 platforms. Hedging, scalping and news trading allowed.

Foundation year
2012
Regulation
regulated by the Financial Sector Conduct Authority (Authorized Financial Servic...
Headquarters
79 Da Gama Road, Jeffreys Bay, South Africa
Promotion
100% Forex Welcome Bonus
ForexAllBonus score5.0/5★★★★★ Editor rating
Min. deposit
$10
Max leverage
1:1000*
Spreads from
0.0 Pips

Trading CFDs carries a high risk of losing money.

IFX Brokers Broker Overview

By ForexAllBonus Editorial Team· 7 min read· Fact-checked against broker data

Here is every key fact about IFX Brokers in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

IFX Brokers key facts
FeatureIFX Brokers
Broker nameIFX Brokers
Foundation year2012
Headquarters79 Da Gama Road, Jeffreys Bay, South Africa
CountrySouth Africa
Telephone+27879447273
Email / Skypesupport@ifxbrokers.com
Fax+27879447273
Regulated byregulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021).
Type of brokerECN/STP
Min. deposit$10
Max leverage1:1000*
Min. spreads0.0 Pips
Funding methodsBank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort
Withdrawal methodsBank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort
Base currenciesUSD, EUR, GBP, AUD
LanguagesEnglish
Trading platformsMT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for iPad
Tradable instrumentsForex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✓ Yes
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus✗ No
Promotion100% Forex Welcome Bonus

In simple words: traders get MT5 for PC and MT4 for PC, spreads from 0.0 Pips, leverage up to 1:1000* and a $10 minimum deposit. New clients can also check the current 100% Forex Welcome Bonus. Tradable markets include Forex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade.

Is IFX Brokers Safe? Regulation and Company Details

IFX Brokers is a regulated broker. regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021). The broker says client money is kept in segregated accounts, separate from company funds.

RG

Regulation

regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021).

HQ

Head office

79 Da Gama Road, Jeffreys Bay, South Africa (South Africa)

SF

Client funds

Client money is held in segregated accounts, apart from company funds.

YR

Track record

In business since 2012. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:1000*.

IFX Brokers Trading Conditions

Spreads and commissions

IFX Brokers spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:1000*, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MT5 for PC

Desktop platform

MT4 for PC

Desktop platform

MT4 Web Trader

Web platform

MT4 for Multi Terminal

Web platform

MT5 for Android

Mobile platform

MT5 for iPhone

Mobile platform

MT4 for Android

Mobile platform

MT4 for iPhone. MT5 for Android

Mobile platform

MT5 for iPad

Mobile platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

IFX Brokers Account Types

IFX Brokers offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $10 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Segregated accounts

Client funds are kept apart from company money.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: USD, EUR, GBP, AUD. Choosing the currency you spend in helps you avoid conversion fees.

Deposits and Withdrawals at IFX Brokers

IFX Brokers supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • Bank wire
  • Debit/Credit card
  • Advcash
  • Perfect Money
  • Binance
  • Bitcoin
  • Ethereum
  • Litecoin Tether
  • Skrill
  • Neteller
  • Sofort

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

IFX Brokers Bonus and Promotions

Bonuses are a big reason traders search for IFX Brokers. Availability depends on your country and the account type.

  • 100% Forex Welcome Bonus — the current promotion for IFX Brokers clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official IFX Brokers website before accepting any offer.

IFX Brokers Pros and Cons

Pros

  • regulated by the Financial Sector Conduct Authority (Authorized Financ...
  • 100% Forex Welcome Bonus
  • Low $10 minimum deposit
  • Spreads from 0.0 Pips, ECN/STP execution
  • MT5 for PC and MT4 for PC and more platforms
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • No no-deposit bonus
  • Bonus comes with trading-volume rules
  • Leverage up to 1:1000* is very high risk

How to Open an IFX Brokers Account

  1. RegisterFill in your name, email, country and phone number on the IFX Brokers sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT5 / MT4).
  4. Fund and tradeDeposit from $10 with your preferred method, claim any eligible bonus, then log in and start trading.

About IFX Brokers

This IFX Brokers review covers regulation, fees, platforms and bonuses.

LICENSE: IFX Brokers is a trading name of IFX Brokers Holdings (Pty) Ltd (Registration No. 2017/027249/07). Our distribution and market conduct is regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021). The issuance of CFD’s is regulated by The Financial Markets Act, 2012.

IFX Brokers Holdings (PTY) Ltd does not offer its services to the residents of certain jurisdictions such as EU Member States, Iceland, Norway, Liechtenstein, Afghanistan, Democratic People’s Republic of Korea, Ghana, Iran, Iraq, Libya, Mongolia, Myanmar, Nicaragua, Panama, Somalia, Syrian Arab Republic, UAE, Uganda, United States of America, Canada, Yemen, Zimbabwe.

IFX Brokers Review: key facts

IFX Brokers is an ECN/STP broker, established in 2012, based in South Africa. It is regulated by regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021).. Trading conditions at IFX Brokers include a minimum deposit of 10, leverage up to 1:1000*, spreads from 0.0 Pips.

Clients can trade on MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad, in the web browser and on mobile. Available markets: Forex, Commodities, Indices, Equities, Energies, Cryptocurrency, Crypto Trade. Account base currencies: USD, EUR, GBP, AUD.

IFX Brokers offers a free demo account, Islamic accounts, swap-free accounts, mini accounts, VIP accounts, managed accounts and segregated client accounts. Trading rules: hedging and scalping are allowed, news trading is allowed. Deposits can be made by Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More.

Withdrawals are available via Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More. Current offers — welcome bonus: 100% Forex Welcome Bonus; other promotions: 100% Forex Welcome Bonus. Bonus terms can change, so always check the conditions before you deposit. The website is available in English.

IFX Brokers FAQ

Is IFX Brokers regulated?

Yes. IFX Brokers is regulated by regulated by the Financial Sector Conduct Authority (Authorized Financial Services Provider number 48021)..

What is the minimum deposit at IFX Brokers?

The minimum deposit at IFX Brokers is 10.

What is the maximum leverage at IFX Brokers?

IFX Brokers offers leverage up to 1:1000*. Leverage may be lower depending on your country and account type.

What are the spreads at IFX Brokers?

Spreads at IFX Brokers start from 0.0 Pips.

Which trading platforms does IFX Brokers offer?

IFX Brokers offers MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad.

Does IFX Brokers offer an Islamic (swap-free) account?

Yes, IFX Brokers offers Islamic swap-free accounts.

Does IFX Brokers have a demo account?

Yes, IFX Brokers offers a free demo account.

How can I deposit money with IFX Brokers?

IFX Brokers accepts Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More.

When was IFX Brokers founded?

IFX Brokers was established in 2012 and is based in South Africa.

How do I withdraw money from IFX Brokers?

Withdrawals at IFX Brokers are possible via Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More.

Official website: IFX Brokers

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose IFX Brokers?

IFX Brokers earns 5.0/5 — a $10 entry cost, MT5 / MT4 platforms and a track record since 2012.

IFX Brokers suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

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