Company Summary
| iFourXReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Froex, indices, commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 3.0 pips (Platinum account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Contact form |
| Facebook, X, instagram, linkedin | |
| Tel: +971 521663172 | |
| Email: support@ifourx.com | |
| Regional Restrictions | The United States, Cuba, Iraq, Myanmar, North Korea and Sudan clients are not allowed |
iFourX Information
iFourX is an unregulated broker, offering trading on forex, indices and commodities with leverage up to 1:500 and spread from 3.0 pips on MT5 trading platform. The minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| With demo account | No regulation |
| MT5 platform | Wide spreads |
| High minimum deposit requirement |
Is iFourX Legit?
No. iFourX currently has no valid regulations. Please be aware of the risk! Negative balance protection is not guaranteed.
What Can I Trade on iFourX?
iFourX offers trading on forex, indices and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| CFDs | ❌ |
| Cryptos | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Stocks | ❌ |
Account Type
Here are three account types iFourX offers:
| Account Type | Min Deposit |
| Platinum | $100 |
| ECN | $5000 |
| VIP | $10000 |
Leverage
The broker offers max leverage at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
iFourX Fees
Trading Fees
| Account Type | Commission |
| Platinum | $10 |
| ECN | $7 |
| VIP | $5 |
iFourX Spreads
| Account Type | Spreads |
| Platinum | From 3.0 pips |
| ECN | From 1.5 pips |
| VIP | From 0.7 pips |
Swap Rates
The broker offers swap free accounts.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile, Desktop & Web | Experienced trader |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via Bank Transfer, MasterCard, Maestro and VISA.
If the withdrawal is under a certain amount, the broker applies a small charge. The fee depends on the base currency of client's trading account.
Deposit Options
| Deposit Options | Fees |
| Bank Transfer | Free |
| MasterCard | EUR (€) – free of chargeUSD ($) – 5% of client's deposited amount |
| Maestro | EUR (€) – free of chargeUSD ($) – 5% of client's deposited amount |
| VISA | EUR (€) – free of chargeUSD ($) – 5% of client's deposited amount |
Withdrawal Options
| Withdrawal Options | Processing Time |
| USD withdrawals | Same day processing if requested before 1PM GMT. Requests made after 1PM will be processed the next working day. |
| All other withdrawals | Processing will take place within 2 working days |
