Discover the premium services of IFX Brokers

IFX Brokers is a South African broker registered by the Financial Sector Conduct Authority (FSCA) that provides a number of advantages to South African forex traders, including sign-up bonuses, deposits in the local currency (the South African Rand), cutting-edge trading platforms, and competitive pricing.

This article delves into IFX Brokers and the premium services that make it an excellent fit for traders.

1. Superior account options

Five different live Forex trading accounts are available through IFX Brokers. You can open a Cent Account, a Basic Account, a Premium Account, a VIP Account, an Islamic Account, or a Premium Islamic Account. In addition to the 5 Live Trading account types, IFX Brokers also offers a Demo account.

Once an applicant has opened a Live Trading account with IFX Brokers, they will automatically be given access to a Demo Account at no additional cost.

2. Excellent deposit conditions

Live trading accounts with IFX Brokers require a minimum deposit of $10 USD and a maximum of $1,000 USD. IFX Brokers accepts a wide variety of payment methods, and deposits as well as  withdrawals are processed quickly and easily. Fee-free IFX deposits are available.

When you make a deposit with IFX Brokers, you will not have to worry about any fees because the broker will cover them. Traders can make deposits in a flash through their secure client area and select their chosen form of payment.

3. Advanced trading platforms

Both versions of MetaTrader are available to IFX Brokers’ traders. Every account type can use either MetaTrader 4 or MetaTrader 5, with the exception of the Demo and Cent accounts.

IFX MetaTrader 4 provides traders with sophisticated charting capabilities, state-of-the-art management tools, in-depth analysis, customisable chart settings, and a UI that is easy to use.

The latest version of the famous forex trading platform, MetaTrader 5 (MT5), now allows users to trade in currency futures and stocks.

4. Competitive pricing

The need for intermediary trading desks is eliminated thanks to the completely automated trade execution built into IFX Brokers, which incorporates pricing from many banks and liquidity providers. With cyber-sonic speed, trades can be performed and finalised in as little as 2.5 milliseconds.

With IFX Brokers, you can get a spread on the EUR/USD as low as 0.2 pips on average, and there are no deposit fees. IFX Brokers has both commission-based and commission-free trading options.

5. Excellent customer service

If you have any questions about your IFX account, the IFX assistance team can answer them, and they take great satisfaction in offering the best after-service assistance available.

Traders who use the broker’s platforms have access to top-notch technical assistance, ensuring that their pressing queries about the volatile and fast-paced Forex market are answered quickly and accurately.

6. Positive trading environment

Using STP (Straight-Through-Processing) technology, IFX Brokers sends trade orders straight to liquidity providers, skipping the dealing desk in the process.

Clients of IFX can now trade on real markets, where orders are filled more swiftly and precisely.

All orders are fulfilled by the Liquidity Providers. Since the Liquidity Providers are Prime Liquidity providers and the de facto counterparties to each deal, they provide a small premium to the bid/ask spread.

STP execution is compatible with any trading strategy and has no requotes.

Consider IFX Brokers for easy trading.