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Ifexcapital

Ifexcapital is a premier trading platform, operated by Zenith Origin Holding Ltd in collaboration with Tranzacta Services Limited, offering advanced trading solutions across 250+ assets such as forex, commodities, and shares. Regulated by the Financial Services Commission Mauritius and maintaining a Global Business License (GB21026812), Ifexcapital combines cutting-edge technology with top-tier customer support, providing traders an efficient gateway to the global financial markets while adhering to international regulatory standards.

Regulations: FSC |
Service Phone: +4420709784560 |
Address: Suite 4B, Fourth Floor, Ebene Mews, 57 Cybercity, Ebene 72201, Mauritius

80% of retail investor accounts lose money trading CFDs with this provider.

Visit Ifexcapital

In summary, Ifexcapital represents a fresh and modern take on online trading, marrying technological innovation with a broad asset base and top-tier customer support. While certain areas might raise concerns for some traders, the platform’s overall package is appealing, especially for those looking to diversify their portfolios and enjoy a user-friendly trading experience. Its regulation, transparency in fees and policies, as well as its commitment to fast, efficient trading, make Ifexcapital a noteworthy contender in the trading platform arena. Highlights such as up to 1:500 leverage, +250 trading assets, $250 minimum deposit, and a free demo account further underline its potential as a choice for both new and experienced traders.

Ifexcapital rating

4.3

Overall rating
80% of retail CFD accounts lose money.

Pros and Cons of Ifexcapital

What we like about Ifexcapital

Ifexcapital stood out to us for a number of compelling reasons, appealing to traders of all experience levels. The broker’s swift order execution minimized delays, potentially improving trading results by reducing latency issues. As a contemporary and innovative broker, Ifexcapital introduces fresh perspectives to the trading industry, which are reflected in its state-of-the-art trading platform. This platform combines user-friendliness with advanced technology, elevating the overall trading experience. Additionally, the broad selection of over 30 cryptocurrency CFDs offers traders significant opportunities for portfolio diversification and engagement with the dynamic crypto market. These elements collectively highlight Ifexcapital’s position as an efficient and progressive broker in the industry.

Pros of Ifexcapital
  • +30 Crypto CFDs

  • "New" & Modern Broker

  • Modern Trading Platform

  • Fast Order Execution

What we dislike about Ifexcapital

In our evaluation of Ifexcapital, we identified several drawbacks alongside its positive features. The higher-than-average spreads could be a deterrent for traders, especially those engaging in frequent transactions, as these spreads may impact overall profitability. A significant concern is the absence of negative balance protection, which exposes traders to the risk of losses exceeding their initial deposits. Furthermore, the implementation of fees for inactive accounts could be seen as unfavorable, potentially imposing additional expenses on traders who trade infrequently or maintain dormant accounts. Lastly, Ifexcapital’s status as a newcomer in the brokerage industry might raise questions about its established track record and dependability, particularly for traders who prefer more seasoned brokers. These factors are important considerations for potential clients when assessing whether to use Ifexcapital’s services.

Cons of Ifexcapital
  • "New" Broker

  • No Negative Balance Protection

  • Inactivity Fees

  • Above Average Spreads

Tradable Instruments at Ifexcapital

ifexcapital available assets

Ifexcapital.com offers an extensive array of more than 250 financial instruments for investors of all experience levels. The platform features a wide selection of over 45 currency pairs for forex trading enthusiasts. Digital asset aficionados can explore 30 different cryptocurrency CFDs, catering to the increasing popularity of this market. For those interested in traditional markets, Ifexcapital provides 15 commodity CFDs, 4 precious metal CFDs, 24 index CFDs, and an impressive 100 stock CFDs. Notably, the platform operates on a zero-commission model, potentially increasing traders’ profit margins.

List of available Assets in total more than 250:

  • +45 forex pairs
  • +30 crypto CFDs
  • +15 commoditity CFDs
  • +4 metal CFDs
  • +24 indices CFDs
  • +100 stock CFDs

Trading fees at Ifexcapital

IFEXCapital offers a trading platform with specific fee structures and spreads that cater primarily to professional traders. Here’s a breakdown of the trading fees and spreads available:

Trading Fees

  • Commission: IFEXCapital charges zero commission on trades across all asset classes, including forex, cryptocurrencies, metals, commodities, shares, and indices.
  • Inactivity Fees: If an account remains inactive for 60 days, a fee of 160 EUR is applied. This fee decreases to 120 EUR after 90 days and increases to 200 EUR after 180 days of inactivity.
  • Withdrawal Fees: There are no fees for withdrawals except for wire transfers below 50 EUR, which incur a fee of 30 EUR.

Spreads

  • Forex: The spread for the EUR/USD pair starts at 0.6 pips for professional accounts.
  • Cryptocurrencies: There is typically a zero spread for cryptocurrencies on professional accounts.
  • Commodities: Spreads start as low as 0.03 pips for Natural Gas.
  • Shares: For stocks like Apple, the spread is 9.25 pips.
  • Indices: The spread for the Nasdaq Top 100 index is 5.05 pips.
  • Metals: The spread for Silver against the USD starts at 0.36 pips.

Detailed Review Ifexcapital

Ifexcapital review

Ifexcapital emerges as a notable contender in the dynamic realm of online trading platforms, functioning through a partnership between Zenith Origin Holding Ltd and Tranzacta Services Limited. The platform boasts an extensive investment portfolio, featuring over 250 diverse assets spanning forex, commodities, shares, and crypto CFDs. Its credibility is bolstered by regulatory oversight from the Financial Services Commission Mauritius and possession of a Global Business License (GB21026812).

As a “New” & Contemporary Broker, Ifexcapital offers a fresh, modern approach to trading. The platform’s user-friendly interface and cutting-edge technology facilitate seamless transactions, catering to both novice and experienced traders. Notable features include swift order execution and an impressive array of +30 Crypto CFDs. The platform’s 0% commission policy on trades underscores its commitment to fostering a potentially lucrative environment for its users.

Ifexcapital’s software offerings enhance its appeal. Both web and mobile applications are thoughtfully crafted, featuring cross-platform compatibility, intuitive design, analytical tools, and more. This versatility allows traders to engage in market activities from any device, ensuring no opportunities are missed.

The platform offers a range of account types to suit various trading styles and experience levels. From the entry-level Silver account with no deposit restrictions to the premium VIP account offering up to 50% swap discount, Ifexcapital caters to a diverse clientele. These accounts come with varying features such as NDD Execution and hedging options. While the Inactivity Fees structure may concern some, it is presented transparently.

Ifexcapital’s extensive selection of trading instruments includes:

  • +45 forex pairs
  • +30 crypto CFDs
  • +15 commodity CFDs
  • +4 metal CFDs
  • +24 indices CFDs
  • +100 stock CFDs This diverse portfolio is likely to attract a wide range of traders, providing multiple avenues for investment and potential returns.

Ifexcapital.com simplifies the process of depositing and withdrawing funds through various free options and clearly defined withdrawal policies. The platform transparently outlines minimum withdrawal requirements and processing fees for amounts below 50 EURO. Adherence to Know-Your-Customer (KYC) procedures and Anti-Money Laundering principles demonstrates the platform’s commitment to ethical trading practices.

While Ifexcapital presents many attractive features, some aspects may give pause to certain traders. Above Average Spreads might deter high-frequency traders, while the absence of Negative Balance Protection and the presence of Inactivity Fees could be deterrents for others. As a “New” Broker, Ifexcapital’s reliability and track record may be scrutinized by those accustomed to more established industry names.

Customer support appears to be a priority at Ifexcapital, with multiple communication channels including phone, email, and live chat. The support team seems dedicated to addressing concerns promptly and professionally, indicative of a customer-centric approach.

Regulation and security are central to Ifexcapital’s operations, with clear oversight from the Financial Services Commission in Mauritius. The collaboration with Tranzacta Services Limited for payment processing provides an additional layer of assurance, while alignment with international standards further enhances the platform’s trustworthiness.

Regulation & Safety at Ifexcapital

Zenith Origin Holding Ltd, operating under the trade name Ifexcapital, is a registered entity with the identification number 183397GBC. The firm’s headquarters can be found at Suite 4B on the Fourth Floor of Ebene Mews, located at 57 Cybercity, Ebene 72201 in Mauritius.

In the financial trading sector, regulation plays a vital role in establishing a foundation of trust and security. The Financial Services Commission of Mauritius oversees Ifexcapital’s operations, ensuring the company’s compliance with established guidelines to maintain both a Global Business License and an Investment dealer license, the latter bearing the number GB21026812. This regulatory oversight compels Ifexcapital to uphold specific behavioral standards, thereby enhancing client protection and fostering confidence.

The management of the website falls under the purview of Zenith Origin Holding Ltd, while Tranzacta Services Limited handles payment processing. Tranzacta Services Limited is a Cyprus-based entity, incorporated under Cypriot law with the registration number HE444503. Its registered office is situated at Grigori Afxentiou 42A, Egkomi, 2407 Nicosia, Cyprus. Acting on behalf of Zenith Origin Holding Ltd, Tranzacta Services Limited processes payments, introducing an additional safeguard and compliance measure within the broader regulatory structure.

The fact that Ifexcapital is regulated by the Mauritian Financial Services Commission, coupled with its evident adherence to international norms and local legislation, contributes significantly to creating a transparent and secure trading environment for its clientele.

Your account at Ifexcapital

trading accounts delete account ifexcapital

At Ifexcapital, traders can choose from a diverse array of account types, each tailored to different trading needs and expertise levels. From the Silver account, designed for beginners with no deposit limits and spreads from 0.065, to the VIP account that caters to advanced traders with spreads from 0.025 and up to 50% swap discount, there is an option for every trading style, all providing a range of base currencies, 24/5 support, and special features like NDD Execution and hedging.

Trading accounts at Ifexcapital that have no trading activity (meaning no trades opened or closed and no deposits made) for a consecutive period of 60 days are classified as Inactive Accounts. These accounts are subject to a sliding scale of Inactivity Fees, depending on the length of the inactive period:

  • Over 61 days: 160 EUR
  • Over 91 days: 120 EUR
  • Over 121 days, over 151 days, over 181 days, and over 211 days: 200 EUR
  • Over 241 days, over 271 days, over 301 days, and over 331 days: 500 EUR

The equivalent amount may be charged in the client’s currency based on the exchange rate for that day. If a client has multiple trading accounts that are inactive, the Inactivity Fee will be charged separately for each account.

In which category you fall, will be decided by your account manager. In the table below is a comparison of the different account types at Ifexcapital.

Account TypeDeposit LimitsSpreadsBase CurrenciesCommissionSupportExecution SpeedSpecial Features
SilverNo deposit limitsfrom 0.065EUR, GBP, USD, AUD, CHF, CAD, NZD0%24/50.08NDD Execution,
IslamicStandard to Pro AccountSame as retail accountsAs per Pro AccountNo upfront commissions24/5N/ASwap Free, No hidden costs
GoldNo deposit limitsfrom 0.045EUR, GBP, USD, AUD, CHF, CAD, NZD0%24/50.05Up to 10% Swap Discount, NDD Execution,
PlatinumNo deposit limitsfrom 0.025EUR, GBP, USD, AUD, CHF, CAD, NZD0%24/50.05Up to 25% Swap Discount, NDD Execution, Free VPS, Hedging
VIPNo deposit limitsfrom 0.025EUR, GBP, USD, AUD, CHF, CAD, NZD0%24/50.05Up to 50% Swap Discount, NDD Execution, Free VPS, Hedging

How can I open an account with Ifexcapital

By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.

How To Close Your Ifexcapital account?

The best way to close your account is to send an e-mail to Support@Ifexcapital.com with the e-mail that you signed up with. Make sure that you have withdrawn all of your funds before the closure.

Account Types available at Ifexcapital

Account TypeAvailable
Standard accountNo
Demo accountYes
Islamic accountYes
VIP accountYes

Trading platforms available at Ifexcapital

The trading interface at Ifexcapital is crafted to deliver a smooth, effective, and adaptable trading environment suitable for traders of all skill levels. Regardless of your preferred device, Ifexcapital equips you with the necessary resources and assistance to engage with the dynamic financial marketplacesWhether you opt for the browser-based platform or the advanced mobile application, Ifexcapital serves as an ideal trading portal for contemporary investors.

Web-Based Platform

  • Global Accessibility: Traders can operate from any location with a reliable internet connection.
  • User-Friendly Layout: The platform’s interface is designed for ease of use, allowing traders to begin operations without extensive training or complex setup procedures.
  • Premier Capabilities: Key features include rapid execution, comprehensive toolsets, and single-click trading for swift market entry.
  • Device Synchronization: Users can trade across multiple devices with a synchronized account, maintaining full visibility of active and completed trades.
  • Market Analysis: The platform offers over 30 analytical instruments to support informed trading decisions.

Mobile Application

To accommodate the fast-moving nature of contemporary financial markets, Ifexcapital provides a mobile application for on-the-go trading. Key features include:

  • Widespread Availability: The Ifexcapital mobile app can be downloaded from both major app stores.
  • Constant Market Access: Traders are no longer confined to their computers, as they can execute trades from anywhere using the mobile application.

Advantages of the Mobile App:

  1. Complete Functionality: The app allows users to synchronize accounts, place orders, and manage all trade types, mirroring the web version’s capabilities.
  2. High EfficiencyAccess markets at any time and place without missing potential opportunities.
  3. Comprehensive Trading Suite: From financial instruments to daily market updates, the app offers a full-featured trading environment in a mobile format.
  4. No-Cost Download: The app is available at no charge, eliminating concerns about additional expenses.
Trading PlatformAvailable
IOS appYes
Android appYes
Desktop windowsYes
Desktop MACYes
Web platformYes
Propriety platformYes
MetaTrade 4 (MT4)Yes
MetaTrade 5 (MT5)Yes

Deposits and withdrawals at Ifexcapital

withdraw money ifexcapital

Deposit:

At Ifexcapital.com, adding funds to your trading account is a straightforward process with several cost-free options at your disposal. These include Visa, Mastercard, Maestro, Skrill, Neteller, and conventional bank transfers. This variety allows traders to begin their activities almost instantly after account creation. The platform’s Withdrawal Policy clearly outlines the procedures for retrieving funds, ensuring transparency. While minimum withdrawal thresholds are in place, the processing is typically efficient. The platform implements stringent Know-Your-Customer (KYC) protocols in line with Anti-Money Laundering standards. This encompasses thorough identity confirmation processes, safeguarding your assets and account against fraudulent or illegal activities. These measures underscore Ifexcapital.com’s dedication to ethical and secure trading practices.

Withdrawl:

Ifexcapital.com provides a meticulously detailed withdrawal procedure in their policy, offering clarity and security to their traders. Users must initiate withdrawal requests via the official “Client Area” on the website, providing necessary verifications. Withdrawal requests must meet specific criteria, such as not exceeding the account balance and maintaining a margin level above 100% until the request is approved and executed. It’s crucial to note that initial deposits will be returned to their original source. A minimum withdrawal threshold of 50 USD applies, even for profits. Ifexcapital.com retains the right to review the trading account, transaction history, and supporting documentation before processing withdrawals, as a protective measure for both the client and the company. For withdrawal amounts below 50 EURO, the company applies a 30 EUR processing fee to cover banking charges.

How is the customer support at Ifexcapital

Ifexcapital is dedicated to removing obstacles for its clientele. If you encounter any queries, difficulties, problems, or special requests, their skilled customer service team stands ready to provide assistance. They will address your concerns efficiently and professionally, ensuring your trading journey remains uninterrupted.

Multiple contact options are available to suit your preferences. You can reach out via telephone at +442070978456 (operational weekdays from 10:00 to 20:00 GMT-5), engage in real-time chat support, or send an email to Support@Ifexcapital.com. Furthermore, clients have the option to communicate directly through the website’s interface by submitting their personal details and inquiry. The comprehensive support structure at Ifexcapital underlines their dedication to user satisfaction and a seamless trading experience.

Frequently asked questions about Ifexcapital

  • Is Ifexcapital a good broker?

    IfexCapital is a relatively new broker in the online trading space, having launched in 2021. It offers a range of features that may appeal to both novice and experienced traders, but there are also some concerns to consider.

  • Is Ifexcapital regulated and trustworthy?

    ifexcapital remains fully compliant with Financial Services Commission of Mauritius rules and regulations. Traders should view it as a safe and trusted broker.

  • Is Ifexcapital a scam broker?

    ifexcapital is a legit broker operating under Financial Services Commission of Mauritius oversight. No scam warning has been issued yet.

  • What is the minimum deposit at Ifexcapital?

    There is no minimum deposit limit at ifexcapital.

  • Which trading platform is available at Ifexcapital?

    ifexcapital offers it’s proprietary web trader and mobile application as trading platforms.

  • Does Ifexcapital offer a free demo account?

    Yes. ifexcapital offers an unlimited demo account for trading beginners or testing purposes.