- Website: www.ifsfx.com
- Founded: 2011
- Company: Ideal Financial Services Ltd.
- Headquarter: London, United Kingdom
- Regulation: ministry of commerce industries (Panama) (#2324934-1-793567)
| International offices | – |
| Broker Type | Market maker |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +44-845 056 5437 (UK) +603-9205 7694 (Malaysia) +613-9483 4725 (Australia) +62-21 2939 1259 (Indonesia) |
| Fax | – |
| [email protected] | |
| Website Languages | Arabic, Chinese, English, German, Russian, France, Bahasa |
Account Information
| Free Demo Account | |
| Min. Deposit | $50 |
| ECN account | |
| Account Currencies | USD |
| Maximum Leverage | 500:1 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | |
| Swap-free Accounts | |
| MAM/PAMM accounts | |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | Bank Wire |
Trading Terms
| Trading Platforms | MetaTrader 4 (desktop, blackberry, android) |
| Precision pricing | 5 digits |
| Type of Spread | Floating |
| Commission | no |
| Lowest spread on EURUSD | 1.5 pips |
| Scalping | with limitations:
1) Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price; |
| Hedging | |
| Expert Advisors | |
| One-click execution | |
| OCO orders | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Other Trading Instruments | Indices • Stocks • Shares |
| Promotion | IFSFX Bonus |
| Trading Contests | |
| VIP service | – |
Reza says
IFSFX bank guarantee agreement includes the address of the headquarter in UK and the company registration in UK. When I checked the address belongs to an virtual office center in UK called W1. I called them and the reply was that this company was their client having a virtual office till July 2013 and they are no longer there. Can you believe it? HQ is a virtual office !!! The IFSFX company registration number which was in the contract seems to be fake. I have checked with the company house of UK and the registration number doesnt exist. It even doesnt have the number of digits that all UK company numbers have. Another reason not to trust this company. The company has told their clients that if you want your money back you can either transfer all your money to trade credits so we can sell for your or you can buy the IFSFX company share. When you transfer to credit they will not sell it. If you follow up they will tell you that you need to market it yourself. Basically they are forcing you to do marketing for them.Their Director in Malaysia named David (Dawwod) Alizadeh called me and said he is not renewing his contract with the IFSFX. It is funny because he is literally the only contact person we ever had from IFSFX since no one in the HQ will ever answer your calls. When I asked for a contact from the company he promised to pass me some managers number which he never did.
Reza Khoshdel says
They have been delaying sending my signed contract for few months. My initial investment was $41000 , in 4 months they show I have benefited $9000, when i make a withdraw request they say they never received it and the month after they have shown negative trade results and now my balance is $20000. Its very suspicious, when u call the head office in UK the secretary says they are all busy. I know 3 other people which have totally lost their money in this company and im talking about more than $100,000 that they have lost. The company keeps giving u excuses and no results. I dont trust them. Save yourself and dont put your money there.