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IFX Brokers Fees and Spreads

IFX Brokers Fees and Spreads

 

Trading with IFX Brokers will involve fees from $6 USD, Spreads from 0.5 to 1.6 pips with Commission-Free trading across most account options excluding the IFX VIP account.  Swap-Fees are charged, Deposit Fees do not apply.

 

🔎 Account🥉 Standard🥈 Premium🥇 VIP☪️ Islamic🏅 Cent
💰 Min Deposit$10 USD📌 $250 USD📌 $1000 USD$10 USD$10 USD
🔁 Spreads from1.3 Pips1 Pip0.5 Pips1.3 Pips1.6 Pips
💳 Commission fromNoneNone📌 $6 USDNoneNone
☑️ Swap FeesYesYesYes📌 No-
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here👉 Click Here👉 Click Here

 

Overall Rating

4.3/5

Rated #437 out of 66
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSCA 
📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

200

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

IFX Brokers Fees, Spreads, and Commission – 7 Key Point Quick Overview

 

  1. ☑️ IFX Brokers Overview
  2. ☑️ IFX Brokers Fees, Spreads, and Commission
  3. ☑️ IFX Brokers Deposit and Withdrawals
  4. ☑️ How to Open an IFX Brokers Account – Step by Step Guide
  5. IFX Brokers Customer Reviews
  6. IFX Brokers Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

 

IFX Top Banner

 

IFX Brokers Overview

 

IFX Brokers is a South African-based online trading broker that offers its clients ground-breaking technology.  IFX Brokers facilitates one-stop trading and investing experience for private and institutional clients, providing them with the highly advanced MetaTrader 4 and Metatrader 5 platforms for online trading of more than 200 instruments across 6 asset classes.

 

 

IFX Brokers Fees, Spreads, and Commission

 

Traders with IFX Brokers can expect Spreads from 0.5 to 1.6 pips with Commission-Free trading across most account options excluding the IFX VIP account which comes with a commission amount of $6 USD.  Swap -Fees are charged across the Standard, Premium, and VIP accounts with Minimum Deposits ranging from $10 USD  to $1000 USD.   No Deposit fees apply.

 

🔎 Account🥉 Standard🥈 Premium🥇 VIP☪️ Islamic🏅 Cent
💰 Min Deposit$10 USD📌 $250 USD📌 $1000 USD$10 USD$10 USD
🔁 Spreads from1.3 Pips1 Pip0.5 Pips1.3 Pips1.6 Pips
💳 Commission fromNoneNone📌 $6 USDNoneNone
☑️ Swap FeesYesYesYes📌 No-
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here👉 Click Here👉 Click Here

 

IFX Fees and Spreads

 

IFX Brokers Deposit and Withdrawals

 

IFX Brokers offers instant deposits and fast withdrawals with a wide variety of funding options.  IFX Deposits are free of cost.

 

IFX Deposit and Withdrawal

 

IFX Brokers Deposits

 

Making a deposit with IFX Brokers is a simple, straightforward process with the broker covering all transaction fees.  To make a deposit the trader can simply log in to their secure client area and select their preferred payment option to proceed.

 

🔎 Deposit Methods💵 Currency💰 Fees⌛ Processing Time
🥇 OZOWZARNoneInstant
🥈 PayFastZARNoneInstant
🥉 MasterCardZARNoneInstant
VisaZARNoneInstant
Wire TransferZAR📌 2.5%📌 24-48 Business Hours
Skrill📌 USD/ZARNoneInstant
Neteller📌 USD/ZARNoneInstant

 

IFX Deposit

 

IFX Withdrawals

 

IFX Brokers offer their clients fast withdrawals.  Withdrawals are powered by the myIFXBrokers secure client area.  To make a withdrawal the client will need to log into the myIFXBrokers secure client area and add their bank account information for Verification.  Once verification has been successful, the process can be completed.

 

IFX Withdrawals

 

How to Open an IFX Brokers Account – Step by Step Guide

 

1. Step 1:  Start Trading

 

Once the applicant has opened the IFX Brokers webpage they can click on the red “Start Trading” platform located on the top right-hand side.

 

IFX Landing Page 2

 

2. Step 2:  Register

 

The second step is for the applicant to complete a simple registration form, set up a unique password, and agree to set terms.  Now they can click on the Register Now button to complete the registration process.

 

IFX Account Step 1

 

3. Step 3:  Email Validation

 

The next step is for the applicant to check their email inbox.  An email will be waiting with a verification link that needs to be clicked.  Once this is done, the applicant will be redirected to their newly created live IFX Broker Trading account.

 

IFX Account Step 2

 

4. Step 4:  Finalize

 

In the account window, there will be links for the trader to follow and complete.  This includes a questionnaire, Financial information, and more.

 

IFX Account Step 3

 

IFX Brokers Customer Reviews

 

Excellent Platform.

Enjoying my trading experience with IFX Brokers, so far so good! – Jason

 

TrustPilot 5 Star

 

Best!

IFX Brokers has one of the best Customer Support teams! Patient and Extremely Helpful. – Susan

 

TrustPilot 4 Star

 

Recommended.

I highly recommend IFX Brokers for beginners, their demo account is so easy to use. – Sipho

 

TrustPilot 3 Star

 

 

IFX Brokers Pros and Cons

 

✔️ Pros❌ Cons
MT4 & MT5No US Clients
200+ InstrumentsNo Fix API Trading
Multiple Accounts

 

IFX Conclusion

 

 

Overall Rating

4.3/5

Rated #437 out of 66
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSCA 
📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

200

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Conclusion

 

Trading with IFX Brokers will involve fees from $6 USD, Spreads from 0.5 to 1.6 pips with Commission-Free trading across most account options excluding the IFX VIP account.

 

 

You might also like: IFX Brokers Minimum Deposit

You might also like: IFX Brokers Demo Account

You might also like: IFX Brokers Sign up Bonus

You might also like: IFX Brokers Account types

You might also like: IFX Brokers Islamic Account

 

 

Frequently Asked Questions

 

What are the Fees, Spreads and Commission for the Islamic account?

On the FBS Islamic account there are no swap fees , spreads from 1.3 pips and no commission applies.

 

On which account type does IFX Brokers charge commission?

IFX Bokers charge commission of $6 on the VIP account, while the other account types are commission-free.

 

How much is the spread on the FBS Premium account?

Spreads on the FBS Premium account starts from 1 pip.

 

How much is the spread on the FBS Standard account?

Spreads on the FBS Standard account starts from 1.3 pips.

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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