Why IFX Brokers stand out in forex trading
The forex has numerous industry players and brokers. Beyond the charts, what makes IFX Brokers so reputable?
When it comes to finding a Forex broker in South Africa, IFX Brokers is a common name. By catering for to both individual and institutional investors, IFX Brokers’ combination of ease of use, breadth of asset classes, and depth of trading instruments makes it a one-stop shop.
When it comes to customer support, investment choices, cutting-edge technology, and competitive spreads, IFX Brokers stands head and shoulders above the competition among online brokers.
This article examines IFX Brokers trading features that make IFX Brokers stand out amongst Forex brokers.
Sound and reputable regulation
IFX Brokers Holdings (Pty) Ltd is the owner of the “IFX Brokers” trademark (Registration No. 2017/027249/07). Their advertising and sales procedures have been approved by the Financial Sector Conduct Authority (FSCA) as an Authorised Financial Services Provider 48021.
You can have faith in IFX Brokers and confidently place deals with them. All client monies are held in a segregated account and subject to regular audits by a third-party accounting company.
In the event of a loss in trading, your capital is protected with features like fidelity and indemnity insurance, zero balance protection, and more thanks to their IFX Wallet risk management solution.
Profitable STP trading conditions
At IFX Brokers, trade orders are delivered straight to liquidity providers without any interference from the dealing desk, making it a pure STP (Straight-Through-Processing) environment.
The IFX Brokers platform combines fully automated execution (no human brokers are involved) with pricing from a wide variety of institutions and liquidity sources. Electronic transactions can be initiated, executed, and settled in as little as 2.5 ms.
Customers of IFX Brokers enjoy quicker execution times due to the real-time nature of the service. The Liquidity Providers are notified of all requests. Prime Liquidity providers act as counter parties in every trade and add a small spread to the bid/ask price.
STP allows orders to be executed instantly, eliminates the need for requotes, and is compatible with any trading strategy.
Risk management tools for effective trading success
If the market price moves faster than your margin call close-out level, you may lose more money than you bargained for. To keep its customers protected from severe financial loss, IFX Brokers implements a safeguard known as negative balance protection.
According to IFX Brokers’ negative balance protection policy, a trader cannot lose more than they initially invested even if their account balance reaches zero.
Many brokers have followed the IFX Wallet’s lead by adopting this innovative approach to trading platforms.
Since the IFX Wallet allows for quick deposits and withdrawals, it can be viewed as a personal risk management tool. You can instantly transfer money from your wallet to any of your other trading accounts with only a few clicks of the mouse.
You are free to withdraw your trade profits whenever you like. Your individual savings won’t be affected by market volatility.
Final thoughts
With cutting-edge trading platforms, unmatched liquidity, and razor-thin spreads, IFX Brokers provides the best low-cost trading services available.
Trades are processed quickly and reliably without any interference from a dealing desk, and traders you have access to a large variety of assets to invest in.
MetaTrader 4 and MetaTrader 5 Desktop and Mobile for smartphones and tablets are among IFX Brokers’ selection of Equinix-hosted online trading platforms.
