Welcome to the CryptoIFX review. This is a promising broker offering trading in over 250 financial instruments under favorable conditions. While it operates as an offshore organization, it has many features that can be attractive to traders. The platform adheres to an NDD/ECN business model, so there can be no conflict of interest. Importantly, client funds are stored in segregated accounts, ensuring their safety, and the platform boasts a growing user base. Let’s delve into what this firm has to offer.
Table of Contents
Highlights
| 🏛️ Country | St. Vincent & the Grenadines |
| ⚠️ Regulation | SVGFSA |
| 🖥️ Website | https://cryptoifx.com/ |
| 🎲 Demo Account | No |
| ⏳ Start Time | 2021 |
| 💲 Minimum Deposit | $250 |
| ⚖️ Minimum and Maximum Leverage | 1:400 |
| ⚙️ Trading Platform | WebTrader |
| information@cryptoifx.com, backoffice@cryptoifx.com | |
| 📞 Phone | +18008268126 |
First Impression of Cryptoifx.com
Our review starts with the official website, which offers a straightforward and familiar design. The site provides clear information about the assets available for trading, the conditions under which trading occurs, and the various tariff plans. Additionally, CryptoIFX shares its legal documents and addresses in Saint Vincent and the Grenadines, ensuring transparency. The official website is well-designed, allowing users to quickly find the information they need. It provides clear and relevant information without unnecessary details, making it easy to navigate and use.
The site supports 8 languages in addition to English, which is commendable. CryptoIFX is transparent about the risks of margin trading and clearly indicates that more than 65% of users may experience losses, highlighting the importance of understanding the risks involved.
Partnership and Bonuses
CryptoIFX offers both bonuses and an affiliate program, providing traders with valuable opportunities to enhance their trading experience. Bonus funds help traders increase their trading capital, potentially leading to greater profits, but it is important to remember the specific conditions under which these bonuses are granted.
The affiliate program is an excellent tool for earning additional income, independent of trading results and the state of financial markets. For the firm, it serves as an effective instrument for attracting new clients, benefiting both the broker and its affiliates.
Account Opening on Cryptoifx.com
Next, let’s consider the process of registering a personal cabinet. Clients need to provide not only their contact details and name but also their address, date of birth, and possibly a referral code, if they have one. Additionally, they need to choose their currency – USD or EUR. Users can also check a box to receive notifications by email and SMS if they wish. Overall, the account creation process at CryptoIFX cannot be described as long or complicated. All information is filled out within a few minutes.
Verification
CryptoIFX collects all information about its clients, including documents verifying their identity, as it adheres to AML&KYC policies. Essentially, the verification procedure here is quite standard and does not differ from other brokers. It’s also necessary to provide documents certifying the user’s identity and place of residence, a photo/scan of the bank card if it is used for depositing. The organization promises to verify the documents within 24 hours.
- Identity verification is a mandatory process.
- It is convenient to upload documents.
- None.
Trading Software
CryptoIFX uses a modern and highly convenient trading platform for working with charts and orders. First and foremost, its compatibility with all types of devices should be highlighted. The terminal is available not only as a WebTrader but also on smartphones (iOS/Android) and computers. Additionally, the platform supports all the necessary tools that traders need to build any strategy. This includes technical analysis, limit orders, stop-losses, take-profits, indicators, Elliott waves, Fibonacci levels, and much more.
| Features | CryptoIFX | Ixxen | Fundiza |
|---|---|---|---|
| Demo Account | ✔️ | ❌ | ✔️ |
| Mobile App | ✔️ | ✔️ | ✔️ |
| Own Development | ✔️ | ❌ | ✔️ |
How Can I Trade With CryptoIFX?
The broker provides access to a wide range of financial assets: forex, metals, indices, commodities, stocks, and cryptocurrencies. This gives traders a vast array of instruments to trade with. Other conditions need to be considered in the context of the tariff plans offered to clients.
All Info About Accounts
CryptoIFX has thought about all categories of traders and developed a diverse range of tariff plans, consisting of 8 accounts:
- Rookie. The minimum funding is $250. Secure ordering, mobile trading, responsive support, and platform introduction. This plan is designed for beginners who are just starting their trading journey.
- Basic. At least $2,500. Adds educational tools to the previously mentioned features.
- Trader. Minimum $10,000. Full training, including commodities trading education.
- Elite. From $25,000. Additionally includes advanced strategies session.
- Elite Plus. At least $50,000. Differences from “Elite” include currencies special training and basic market events.
- Premium. From $100,000. Includes crypto and indices courses, advanced market events, and private strategy.
- Investor. At least $250,000. All features of the previous account types plus premium market events and stocks training.
- VIP. From $1 million and above. VIP account manager, best pricing, and priority support.
It is clear that CryptoIFX provides opportunities for both beginners and those with significant experience and substantial capital. The initial deposit size is not very large, and traders can try the service on a demo account.
Leverage up to 1:400 is also available, allowing clients to use larger volumes in their trades. However, it is important to remember the risks associated with leverage, which the company and its managers will remind you of frequently.
CryptoIFX promises deep liquidity and no issues with order execution. Traders are unlikely to encounter requotes or slippage, as the firm provides conditions that help avoid such disturbances and problems.
- Tariff plans are created for all categories of clients.
- A lot of training courses.
- None.
Market Analysis and Education With Cryptoifx.com
The company offers free educational courses and resources. Additionally, at the top of the official website’s page, one can observe online quotes for Bitcoin, volume, and the number of active traders. CryptoIFX also provides access to economic and expiration calendars. On the homepage, users can calculate how much 1 BTC is worth in various currencies.
Deposit, Withdrawal, and Fees
CryptoIFX offers all the primary methods for transferring money (depositing and withdrawing funds). The company allows transactions via Visa/Mastercard and the increasingly popular cryptocurrency, known for its speed and low cost. There are no transaction fees, making trading with the broker even more advantageous.
| Features | CryptoIFX | Arbitrage Markets | Kane LPI Solutions Limited |
|---|---|---|---|
| Debit/Credit Cards | ✔️ | ❌ | ✔️ |
| Electronic Payments | ❌ | ❌ | ❌ |
| Crypto Transfers | ✔️ | ❌ | ✔️ |
| Deposit Fee | ❌ | ❌ | ❌ |
| Withdrawal Fee | ❌ | ❌ | ❌ |
How Can I Contact It?
Users have various ways to communicate with CryptoIFX staff. For example, there is an online chat where they can quickly get answers to any questions about the platform and trading. Additionally, users can call the hotline using the phone number provided on the official website or send an email. Another option is to request a callback through a special form in the “Contacts” section. So, clients have a wide range of methods to communicate with managers.
- All major contact methods are available.
- None.
Is CryptoIFX Dangerous?
At this stage of the review, the company looks excellent, and there are no apparent tricks or suspicious aspects. On the contrary, the broker inspires trust by offering interesting and favorable trading conditions.
How Long Does The Broker Work?
CryptoIFX has substantial experience in brokerage services, having been in the market for more than three years. Officially registered in 2021, the firm has been actively providing access to financial markets, demonstrating its resilience in a highly competitive industry where not every brokerage can survive even a year.
How Is CryptoIFX Regulated?
The broker provides its legal address on the official website, located in the offshore jurisdiction of Saint Vincent and the Grenadines. A check of the SVGFSA registry, where all brokerage firms registered in this country should be listed, confirms that CryptoIFX is registered under the number 26263. Additionally, the registry verifies the founding date as 2021, further enhancing the platform’s credibility.
It is also important to note the mandatory KYC, which is not just a whim of the company but a strict requirement of financial commissions. The broker constantly warns its clients about the risks of margin trading, demonstrating concern for their financial safety.
| Features | CryptoIFX | AllCapitalInc | Reltex Group |
|---|---|---|---|
| European Zone | ❌ | ❌ | ❌ |
| Asian Zone | ❌ | ❌ | ❌ |
| American Zone | ❌ | ❌ | ❌ |
| African Zone | ❌ | ❌ | ❌ |
| Offshore | ✔️ | ❌ | ❌ |
Frequently Asked Questions (FAQ)
Kevin Berry I see this company as a solid, safe, and beneficial partner for trading. They provide educational materials, analytics, signals, flexible leverage, tight spreads, and much more. CryptoIFX has earned trust since it has been operating since 2021, utilizing ECN/NDD technologies, which eliminate conflicts of interest. It is an excellent option for starting a trading career or for those who have already learned to earn on Forex/CFD.
CryptoIFX rating
3 reviews about CryptoIFX
One of the best trading experiences I’ve had was with CRYPTOIFX! Thank you! A very pleasant, comfortable, and profitable brokerage company. Excellent spreads, no delays, instant order execution – ideal conditions for making money on forex.
Although I initially doubted the broker’s reliability, after two successful and very quick withdrawals, my doubts completely vanished. The money arrived in full to my account, and my trust in the company grew to 100%.
A good broker with an excellent team of staff and analysts who are always ready to help, give the right advice, and share insights or tips. It was only after I fully transferred my deposit to cryptoifx.com that I started making money. I don’t know what magic is behind this, but the help from experienced staff truly makes a difference. Previously, I only lost money on the exchange and couldn’t trade profitably for even a month. I know the firm has been in operation for several years, so I fully trust them. Additionally, my sleep has improved, I experience less stress, and life seems sweeter and more interesting.
I have zero complaints about the company. Absolutely clean and quality brokerage service. Everything is done quickly. Registration takes 1 minute, verification within an hour, and deposits and withdrawals are fast, almost instant. I can’t find any fault here. Everything is great.