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IFX Brokers Review

Updated: August 5, 2026
IFX Brokers
Views2614

Fast Facts

Founded:
2017
Trading Instruments:
Crypto, Indices, Commodities, Forex
Funding Methods:
MasterCard, Visa, Bank Wire Transfer, Skrill, Neteller, Crypto, Tether
Max Leverage:
1:1'000
Islamic Accounts (Swap-Free):
Yes
Offices:
South Africa
Regulations:
FSCA (South Africa)
Trading Platforms:
MetaTrader 4, MetaTrader 5
Account Currencies:
ZAR, GBP, EUR, USD
Min Deposit:
10 USD
Headquarters:
South Africa

Account types

IFX Standard AccountIFX Premium AccountIFX VIP AccountIFX Cent Account
Minimum Deposit10 USD250 USD1'000 USD10 USD
Maximum Leverage1:5001:1'000
Spread from (pips)
Commission per lot (USD) 0 6 0
Minimum Trade Size0.01
Step
Execution Type
Trading InstrumentsCrypto, Indices, Commodities, Forex
Margin Call
Stop out30%20%10%30%
Swap Free
CurrencyZAR, GBP, EUR, USDUSD

Deposits / Withdrawals

  • Deposit Methods: MasterCard, Visa, Bank Wire Transfer, Skrill, Neteller, Crypto, Tether
  • Withdrawal Methods: MasterCard, Visa, Bank Wire Transfer, Skrill, Neteller, Crypto, Tether
  • Account Currencies: ZAR, GBP, EUR, USD

Contact Info and Support

Company Address:

79 Da Gama Road, Jeffreys Bay, South Africa

Supported languages: English

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank222790
Country CodeZA
Country Rank2332
Category Rank32
Engagement metricsVisits162539
Bounce Rate0.2226
Pageviews per Visit3.99
Avg. Visit Duration180.79
Estimated monthly visitsApril 202684173
May 2026147727
June 2026162539
Top countriesSouth Africa (ZA)80.2%
United States (US)3.62%
Brazil (BR)2.06%
Vietnam (VN)1.84%
Kenya (KE)1.78%
Traffic sourcesDirect52.55%
Mail5.06%
Referrals3.66%
Social-
Paid Referrals-
Search-
Top keywordsifx8440 ◦ $4.73 ◦ $3870
ifx brokers1050 ◦ $0.35 ◦ $3220
best broker africa9250 ◦ $1230
trading software brokers11700 ◦ $500
top rated brokers9750 ◦ $450

About IFX Brokers

IFX Brokers is a South African brokerage firm established in 2017 and headquartered at 79 Da Gama Road, Jeffreys Bay, South Africa. The company operates under authorization from the Financial Sector Conduct Authority (FSCA) of South Africa with license number 48021. Its official website is ifxbrokers.com. IFX Brokers provides access to a range of trading instruments, including forex/currencies, commodities, indices, and cryptocurrencies, through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. ,

The broker offers several account types: IFX Standard, Premium, VIP, and Cent accounts. Minimum deposits range from 10 USD for the Standard and Cent accounts to 1000 USD for the VIP account. The maximum leverage is 1:500 on most accounts and 1:1000 for the Cent account. Commissions vary between 0 USD and 6 USD depending on the account type. Supported base currencies include ZAR, GBP, EUR, and USD. The broker allows hedging, scalping, and use of Expert Advisors (EAs) across all accounts, and Negative Balance Protection (NBP) is in place. The Islamic (swap-free) option is available for the Standard account.

Who it’s for

  • Traders looking for FSCA-regulated South African brokerage services.
  • Users seeking high leverage options with MetaTrader 4 or 5 platforms.
  • Clients interested in diverse account structures and base currencies including ZAR, GBP, EUR, and USD.
  • Traders employing EAs, hedging, or scalping strategies under NBP protection.

Pros and cons

Pros

  • FSCA regulation (license no. 48021) ensures local oversight and compliance.
  • Multiple platforms (MT4 and MT5) and wide asset coverage including cryptocurrencies.
  • Flexible account options with low minimum deposits and availability of Islamic account.
  • Support for hedging, scalping, and automated trading.

Cons

  • Higher commission on VIP account (6 USD) compared to other tiers.
  • Islamic account availability limited to Standard account only.

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