CryptoIFX Review and Information 2022

CryptoIFX Information and Review CryptoIFX
Registration Open Account Now
Rating 75 % 25 %
Reviews Rating
Status
Regulation n/a
Trading software Webtrader, Client Terminal
Headquartered Stoney Ground Road, St. Vincent and the Grenadines
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CryptoIFX is a cryptocurrency broker headquartered in Stoney Ground Road, St. Vincent & the Grenadines. The platform was introduced in 2021 to provide an efficient crypto trading experience and trading services in other markets, including currency pairs, stocks, derivatives, commodities, spot metals, and indices.

Its variety in instruments makes it a unique crypto broker, while its funding process that does not include transaction fees allows clients to put more of their investment dollars in the markets, increasing their potential profits.

Here’s an overview of what CryptoIFX can provide:

Secured funding options
Fast withdrawal without charges
Free educational tools and market analyses
More than 500 financial instruments to trade
No slippage, no requotes
Flexible leverage up to 1:400
Most advanced platform
Platform available on Windows, Android, and Apple

CryptoIFX detailed information and reviews

Regulation and Safety

The cryptocurrency world is reputed for its transparency. However, hackers often target crypto brokers and exchanges due to their open-source code libraries. One breach could give them unauthorized access to the assets of thousands of users. That is why market players need to approach cryptocurrency trading with caution and a well-thought-out plan. So far, CryptoIFX has not encountered any hacking incidents, while its security measures appear to be solid.

The platform runs a 128-bit SSL encryption which protects the privacy of the traders’ username, password, and other personal information. That encryption is supported with two-factor authentication to keep the accounts safe as long as they have access to their emails.

As regards funding security, CryptoIFX practices user fund segregation, meaning the clients’ funds are safe and kept separated from the firm’s funds and will remain that way if the broker shuts down.

Trading Products

CryptoIFX not only accepts trading in cryptocurrencies, but it also allows trading in:

Global currencies
Spot commodities
Spot indices
Spot energies
Spot shares

CryptoIFX currently supports trading in major cryptos such as BTC, BCH, and ETH, with zero commissions, while it offers more the 90 currency pairs from 0.3 pips. In addition, trading in different spot commodities (gold, silver, oil, etc.) ranges from 0.4 to 6 pips. Traders can also opt for spot indices in all market segments with short commissions and decent pricing. Or they can choose spot energies, including the West Texas Intermediate (WTI) crude oil, Brent crude oil, and Natural Gas. Spot shares are also an option in CryptoIFX, with over 1,000 shares available to trade.

Account Types

The signup process with CryptoIFX is pretty straightforward. Traders only need to choose the type of account they want, deposit the minimum, and they are ready.

Users looking to register with CryptoIFX can choose to open one of the following accounts:

Rookie
Basic
Elite
Elite Plus
VIP

Rookie

The Rookie Account is designed to work as a starter kit for clients who have only started learning the ropes of trading. It is a budget-friendly account as it only requires a minimum deposit of $250 and includes standard benefits such as the platform itself, mobile trader, 0.01 minimum lot size, and 24-hour trading.

Basic

The Basic Account upgrades the services of the Rookie by allowing specific traders to open an Islamic Account. Therefore new traders looking to participate in the markets in accordance with the Sharia Law can opt for this for $2,500.

Elite

The Elite Account is another account of CryptoIFX that let traders sign up for an Islamic or Swap-free account, but for a minimum investment of $10,000. This account covers the benefits of using the Basic Account, plus daily market analyses and the support of an account manager.

Elite Plus

Traders who don’t need to trade under Sharia Law but would like access to services similar to the Elite Account can do so with the Elite Plus Account. However, traders need to note that this account does not include an account manager, and its minimum deposit of $25,000 is much higher than the standard Elite Account.

VIP

Lastly, the VIP Account is available to professional and individual traders seeking exclusive access to CryptoIFX’s additional services and benefits. To qualify for this account, traders should be able to make a minimum investment of $100,000.

Trading Platforms

Clients can use the CrypptoIFX platform in three ways: via the Client Terminal, WebTrader, or through their Android/iOS devices. The Client Terminal provides quotes and market news in real-time and should be installed on the trader’s computer.

The WebTrader offers a more convenient way to access the markets, as it only needs a web browser to work, and no software or download procedure is required.

CryptoIFX’s Android/iOS Trading App is ideal for traders who want to watch the markets and their trades through their smartphones or tablets.

Deposits and Withdrawals

Clients can fund or cash out their CryptoIFX accounts with Visa, MasterCard, Skrill, or Neteller. If the client has more than one account, the transfer of funds between different CryptoIFX accounts can be done on the Inter Account Transfer option on the Withdrawal section of their profile page. The platform will send a confirmation link to their clients’ registered emails to verify the withdrawal.

CryptoIFX Summary: Is it worth it?

CryptoIFX is a unique broker that provides products and services in the crypto and traditional markets. Overall, traders can consider using this platform if they are looking to deal with both cryptocurrencies and conventional securities. The variety of products can also help traders as they don’t’ necessarily have to compromise their assets.

In addition, CryptoIFX supports its variety of trading products with features like efficient account typing and solid trading specifications.

CryptoIFX Trading Information 2022


WWW https://cryptoifx.com/
Address Stoney Ground Road, St. Vincent and the Grenadines
Headquarters St. Vincent and the Grenadines
Free phone +18008268126
24 hour support
Mobile trading
24/5 trading
Scalping
Hedging
Digits after the dot in quotes 3,4
Minimum position size 0.01
Pip spread on majors 0.1
Spread Type Variable
Maximum Leverage 400
ECN, $
STP, $
Standard account, $ 2500
Mini account, $ 250
Popular payment methods Visa, MasterCard
Account currencies USD, GBP, EUR
Available assets currency pairs, stocks, derivatives, commodities, spot metals, indices
Languages ES, PT, DE, RU, AZ, CH, FR, TH
Platforms Webtrader, Android, iPhone/iPad, Client Terminal
Broker type MM
Regulation n/a
Foundation 2021

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